German Firm Hot on India’s Solar Energy market
New Delhi, Nov 30, 2007
Source: IANS /Yahoo India News
http://in.news.yahoo.com/071130/43/6nvsq.html
Roth and Rau, a Germany-based solar cell manufacturing solutions provider, sees India emerging as the fourth largest generator of solar energy and a key driver of its global business in the coming years. ‘Although still a small market, India is catching up fast with world majors in solar energy generation,’ Thomas Hengst, vice-president of Roth and Rau, said while speaking about his group’s plans for India in this clean energy source.
‘Roth and Rau is expecting orders worth as much as 80 million euros from India in 2008 from two million euros at present,’ Hengst told IANS. Apart from Germany, Roth and Rau supplies equipment to various countries including Japan and China. ‘India still is not among the world’s top 10 solar energy generators. But at the current pace of 20 percent annual growth, India can emerge as the fourth largest generator of solar energy after Germany, Japan and China in the coming years.’