Abound Solar is making its entrance into the Indian market under a long-term sales agreement with Solarsis. The companies aim to promote Abound’s thin-film CdTe modules to project developers in the country’s burgeoning solar market. Additionally, Solarsis will create a test facility catering to the enhancement of balance of system (BOS) designs that center on Abound’s modules.
The collaboration's first project will be a 1MW ground-mounted array in Ananthapur, Andhra Pradesh, India.
Specifics about the financial terms of the agreement or the amount and timing of module shipments were not revealed.
“Abound Solar’s thin-film modules are ideally suited for environmental conditions found across India: high temperatures and diffuse light conditions,” said Venkat Rajaraman, CEO of Solarsis. “The combination of thin-film technology and high performance in a low-cost module and our experience in integrating BOS components allows us to deliver strong financial returns to our customers.”
