Moreover, this contract win also represents a critical step for the Chinese modules supplier as it moves towards expanding its footprints in the Indian market.
Chinese photovoltaic (PV) solutions supplier ZNShine Solar has won the bid to provide 37.5 MW of PV modules to Bharat Heavy Electricals Ltd (BHEL), India’s largest power generation equipment maker.
Further, the deal makes the Chinese supplier the first overseas module supplier to win contract from the state-owned equipment maker.
Moreover, this contract win also represents a critical step for the Chinese modules supplier as it moves towards expanding its footprints in the India market.
The reason behind the victory of ZNShine was, it was able to stand out among many local competitors during the bidding is owing to its high-quality products, customized local services, as well as it’s newly developed graphene-coating (nano technology) solar modules.
As per the deal, 10 percent of the shipment will be graphene-coating solar panel and all deliveries will be made by October. Graphene-coating technology has self-cleaning property.
Commenting on the development, ZNShine Solar, Marketing Director, Qian Li said, “Thanks to our winning of the BHEL project, we can introduce our graphene-coating modules to the global market. It is what we are most proud of.”
“The Indian PV market there has been growing rapidly in recent years, we are targeting its potential and huge demand. As of June, our total shipments to India have reached to approximately 1 GW, making ZNShine one of this market’s major suppliers of PV modules. We are also planning to build with our local partner an integrated production line there that includes silicon wafer, cells and modules,” Li added.
Meanwhile, the company’s self-cleaning graphene modules make the cleaning much easier while reducing the operational costs.