3 May 2012
First Solar establishes Indian operating company
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement and construction (EPC) services, has appointed Sujoy Ghosh as country head, to lead business development in India and manage the firm’s new entity based in New Delhi. Ghosh will be responsible for advancing and executing the business strategy to expand the market for utility-scale solar photovoltaic (PV) power plants and to deliver value to Indian solar power producers. He reports to Jim Brown, executive VP for global business development.
With more than 20 years of industry experience, Ghosh joins First Solar from GE Energy, where he was the regional general manager for the Power Generation business. He has worked in a diverse range of businesses from transmission and distribution to thermal power generation to renewable energy. Prior to joining GE, Ghosh worked at Tata Honeywell in sales and market development for 13 years.
“India is a land of immense opportunity for solar energy and First Solar, and we will continue to invest here as part of our strategy to develop sustainable, utility-scale solar markets where energy demand is strong and growing,” says Brown. “Sujoy’s extensive experience in the energy industry and strong understanding of the Indian market will be invaluable to First Solar as we work to help India meet its energy needs with clean solar power,” he adds.
“India is taking a progressive approach by incorporating clean, renewable sources of power in its plans to address its growing energy needs,” comments Ghosh.
India is expected to become one of the world’s major solar markets due to its strong growth, significant energy demand and abundant solar resource. First Solar entered the Indian PV market in 2011 and claims to be a local market leader for large-scale PV power plants. India accounted for about 8% of the firm’s net sales in 2011.