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Showing posts with the label Schneider Electric’s

‘India, a hotbed for next solar revolution’

Renewable energy infrastructure is a big unfolding opportunity, says Schneider Electric’s India chief As India sets ambitious target for renewable energy sector growth, a number of opportunities have opened up. These include inverters, back up facilities, smart grids, net metering, distribution management systems for large solar parks, and Green Energy Corridors. Anil Chaudhry, Country President and Managing Director, Schneider Electric India, in an exclusive interaction with BusinessLine details the potential it holds for his Euro 27 billion revenue company. Excerpts: How do you see the unfolding opportunity in the renewable energy sector in India? This is the priority for the country seeking to keep up COP 21 commitments while balancing use of fossil fuel and renewables to meet growing energy requirements. The target of 175 giga watt by 2022 including 100 GW of solar is visionary and at Schneider Electric we consider this a good opportunity. During the financial y