Schneider Electric powers 2 GW of solar capacity, eyes additional 0.5 GW by March

Schneider Electric India has announced that it has powered more than 2 GW of solar capacity in India through its inverters, transformers and other medium voltage equipment. The company claims that of the country’s cumulative solar capacity of 10,000 MW, 20 per cent flows through Schneider Electric’s equipment. By March 2017, the company plans to supply and commission equipment for another 500 MW of solar projects, increasing its share of the total capacity to 2.5 GW across several states. Schneider Electric Solar’s presence in the sector has grown over 50 per cent in the past one year. In 2016 alone, the company supplied equipment for more than 500 MW of solar capacity, as against 1.5 GW in the past four years.

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