SolarEdge Technologies Inc., a global provider of PV inverters, power optimizers and module-level monitoring services, is expanding its business in the Indian PV market with a new country manager, office, and recruitment of a local team. SolarEdge says it is already active in the Indian market and is now looking to expand its footprint in the region.
With new offices located in Bangalore, SolarEdge has created a new entity, called SolarEdge Technologies (India) Pvt. Ltd., in India. As part of developing a local team of PV experts, SolarEdge has appointed Shashidhara B V, a veteran in the renewable energy industry, as head of SolarEdge India. Having worked in the field of photovoltaics and telecommunications, Shashidhara B V is tasked with growing SolarEdge’s business in the country with a focus on developing the market, building a distribution network, and forming a local professional support organization.
“The Indian solar energy segment is considered to be a market with one of the fastest-growth potentials in the world due the country’s ever-increasing demand for energy,” states Guy Sella, SolarEdge CEO, chairman and founder. “With our global experience, innovative solutions, and dedication to developing a local presence, SolarEdge is well poised to support the Indian PV market in its rapid growth.”
“I am excited to join SolarEdge, a global leader in PV inverter technology, which is positioned to become a leading player in the Indian market,” comments Shashidhara B V. “Increasing energy production from module-level optimization, improving O&M with pinpointed monitoring and remote troubleshooting, and enhancing safety feature, SolarEdge’s solution offers the Indian market great promise for advancing the local PV market.”