ABB India surpasses 4.5 GW renewable energy portfolio
Power equipment company ABB India today said the company has surpassed a portfolio of 4.5 Gigawatt renewable capacity with delivery of over 2,000 units of power generators in the country.
The company said these generators for wind turbines are manufactured in a factory in city of Vadodara Gujarat, recognized as ABB’s one of the most advanced facility globally and the fourth such facility in the group.
“As the price gap narrows between electricity generated from thermal, solar and wind projects, quality solutions to optimize and integrate wind projects assume paramount importance to create long term value,” said Sanjeev Sharma, Chief Executive Officer and Managing Director, ABB India.
Currently, the country has a wind power installed capacity of nearly 28 GW. Around 10 per cent of this was installed in 2015. Several policy and regulatory incentives are accelerating the country’s achievement of the 60 GW generation target by 2022.
As per recent reports by the Indian Wind Turbine Manufacturers’ Association the capacity addition for wind projects for the fiscal year ending March 31, 2017 is expected to be around 4 GW. ABB Group has supplied components for over 40,000 wind turbines across the world.