India recently achieved the milestone of 25 GW of installed solar capacity but the market has slowed down after safeguard duty announcement and other risk factors. Mercom sat down with Statkraft Solar Solution’s managing director, Pratyush Thakur, to get his view on the issues affecting the solar and wind markets and several other topics. Below are the edited excerpts from the interview:
What verticals is Statkraft involved with in the Indian Market?
Statkraft is owned by the government of Norway. We are a 120-year-old firm with more than 19,000 MW capacity. In addition to hydropower, Statkraft is involved with other renewable energy technologies. We have invested in wind, both offshore and onshore. We are one of the largest power traders in Europe. We also provide services in the commercial and operational optimization of renewable capacity for Germany via virtual owner plants; we aggregate capacities not owned by us to provide commercial solutions aggregated on cloud platforms. Read More