Australian solar firm sign agreements with 2 Indian power companies
MELBOURNE: A solar manufacturing company has signed agreements with two Indian firms to develop solar products, creating hundreds of new jobs in Australia.
Solar manufacturing company Heliostat has linked up with Mumbai-based Global Wind Power Ltd and Jaipur-based Gravita India LtdBSE 0.30 %, said a statement issued by South Australia minister for investment and trade Martin Hamilton-Smith.
The agreement was signed during the Australian trade delegation’s visit to India this week.
The minister said that Memorandum of Understanding (MoU) between Heliostat and Global Wind Power (GWPL) sets up new opportunities in the state’s advanced manufacturing sector.
“Heliostat manufactures and distributes high quality and cost effective solar products from its world class Adelaide factory and a majority of its sales are to international export markets,” Hamilton-Smith said.
“This is not the first time Heliostat has explored new opportunities in sun dre ..