SolarEdge Technologies, Inc. is expanding its business in the Indian PV market with a new country manager, office, and recruitment of a local team. SolarEdge is already active in the Indian PV market and is now looking to expand its footprint in the region.
With new offices located in Bangalore, SolarEdge has created a new entity, called SolarEdge Technologies (India) Private Limited, in India. SolarEdge has appointed Shashidhara BV as Head of SolarEdge India.
"The Indian solar energy segment is considered to be a market with one of the fastest growth potentials in the world due the country's ever-increasing demand for energy," stated Guy Sella CEO, Chairman, and Founder of SolarEdge. "With our global experience, innovative solutions, and dedication to developing a local presence, SolarEdge is well poised to support the Indian PV market in its rapid growth."
"I am excited to join SolarEdge, a global leader in PV inverter technology, which is positioned to become a leading player in the Indian market," stated Shashidhara B V. "Increasing energy production from module-level optimization, improving O&M with pinpointed monitoring and remote troubleshooting, and enhancing safety feature, SolarEdge's solution offers the Indian market great promise for advancing the local PV market."