Adani Solar has partnered with Kolkata-based solar PV firm, KSL Cleantech, to expand its retail distribution business in the east and northeast regions of India, it said on Tuesday in a press release.
According to the official release, Adani Solar has estimated a 130-MW opportunity within the rooftop segment in these two regions. The target customers include the rooftop, utility-scale, residential, commercial & industrial, and solar pump segments.
“We are delighted to partner with KSL Cleantech in the retail distribution space… KSL Cleantech, as the authorised channel partner of Adani Solar will be responsible for all the solar retail requirements in the region,” said Ramesh Nair, chief executive officer, Adani Solar.
He added that the firm will target a 50 per cent market share.
“We look forward to achieving a higher reach and visibility for our product nationally by increasing power consumption through alternative forms of energy like solar energy,” said Nair.
The release said that the installation of Adani’s off-grid panels will help consumers mitigate the risks of power-cuts while their on-grid panels will assist in reducing electricity costs.
Adani Solar reached over 1,000 towns for the distribution of solar panels in India, it added.