ICTC | India China Trade Center

PRESS RELEASE: INDIA CHINA SOLAR MEET

PRESS RELEASE

INDIA CHINA TRADE CENTRE (ICTC)

08TH NOVEMBER, 2012 NEW DELHI

The basic aim of the India -China Solar Meet recently in New Delhi is to provide a unique opportunity to Indo-China MNCs to come forward and join hands for development of Indian Solar Energy sector.

Indian and Chinese solar companies, consultants, financial institutions are all focusing on solar energy sector. This is an ideal opportunity to discuss a road map for adding 1000 MW Solar Power by 2014 with effective cost of capital equipments and generating power with competitive price per unit.

The meet will strengthen the economic ties among industries, organizations and governments.

The meet is sponsored by TBEA Sun Oasis Co. Ltd. (TBEA Group largest Chinese investor with 500 mill US $ in Gujarat). It is a professional hi-tech enterprise which manufactures photovoltaic product and system integration technology. It was founded in 2000. It is one of the earliest hi-tech enterprises engaged in solar research and exploration.

Relying on TBEA group advantages, the company has formed a whole PV industrial chain integrated with coal, power, poly-crystalline silicon, modules, inverters and system integration application. Meanwhile, the company also established a good strategic business partner relationship with BP Solar Inc. Shell plc, and some other top 500 companies in the world. It possesses many independent patent rights, realized the high efficiency and unattended inverter control system.

“Our company tries its best to make a trust worthy and high efficiency international system integration manufacturer and provide competitive and low cost PV products, lead solar system integration technology and make contribution for global Energy saving and construction of a low carbon, environment protection society,” said Zhang Jianxin, Chairman of TBEA SunOasis.

India China Trade Centre (ICTC) which had organized the meet is quite hopeful of the India-China business cooperation in this sector.

“Since its inception, we have facilitated exchange of visits among Chinese and Indian Enterprises leading to trade collaboration and technical and technology cooperation,” said V K Mishra, Chairman, ICTC.

TBEA SunOasis Co. Ltd. has signed MOUs and strategic cooperation agreement in various states of India including Rai Barely in Uttar Pradesh which is also a constituency of Mrs. Sonia Gandhi, the President of Indian National Congress. Government of Madhya Pradesh has invited the company to invest in solar park and for its manufacturing facilities. The company officials had meeting with senior officials in this regards. They have also signed Strategic MOU with Moser Bare (A Leading solar company of India).

Meet is attended by energy leaders such as Reliance Power, Welspun Power, Ashok Bhargav CEO Sahara Power, J. K. Power, Adani Power, Azure Power, Tata Power, Bhilwara Group, Ajay Prakash Srivastava Chairman Maharishi Group and President Solar Society of India, Moser Bare, UFLEX Group etc.

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