Titan Energy Systems Ltd., the India-based solar module manufacturer, has entered into a contract worth more than US$480 million with Suniva for the supply of high-efficiency monocrystalline Solar cells.
The take-or-pay agreement is scheduled to see the delivery of the cells from Suniva's Atlanta facility through 2013.
Rao SYS Chodagam, Managing Director of Titan believes that Suniva's optimized Solar cells fit well with Titan's high-efficiency module application platform, and this agreement will allow Titan to diversify its quality supply chain.
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It is surprise that when all over the world doing R&D on Solar energy and introducing new things almost every day. India is legging far behind, when our country is blessed with full of Solar energy and which sustain for 10 to 11 months in a year. Even some part of the country like Rajasthan, Gujrat the sun shine almost through out the year. India is now a developed country and has all capabilities to exploit this ever lasting enegy for end number of requirement. One of the most important area is to generate alternative electricity for residential, street light, and many more. The more solar based electricity generated, the requirement of conventional power will be reduced, which may be used only for Industry and essential sectors.
I am working on a project to develop solar operated rickshaw and cycles for weeker section of people. The market is huge, but the only concern is the price factor. I am approching various nationalized and private banks to provide low rate interest to the buyer for longer period.
I have already developed very attractive designs. The project will be established at West Bengal, where the large section of technical persons are job less. Every worker, staff will be the equal partner of this project and share equal benefit.
This is my dream project and I am confident to make it success.
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