Nuevosol Energy India has registered a five-fold increase from the previous financial year executing 125MW in FY 2012-2013. Nuevosol undertakes design, supply and installation of mounting structures ranging from residential rooftops to mega power plants. Nuevosol executed the Mega power plants for industry leaders like Juwi, Azure, Solairedirect, Refex, Waaree, EMMVEE, Harsha-Abakus ranging from 5MW to 25MW.
Mounting systems are playing a key role in the overall cost, quality and efficiency of the power plants, and Nuevosol has emerged as a leading solution provider in the Indian industry.
Speaking on this, CEO, Mr. Himamsu Popuri says, " We thank all our clients for trusting our expertise. Key to Nuevosol's success is the art of optimization. We believe that grid parity is not about waiting for module prices to fall or for conventional fuel prices to increase. Grid parity is about finding an optimal solution, and Nuevosol is promoting the same through its mounting systems. Nuevosol through rigorous optimization has been pivotal in bringing a paradigm shift in the industry and panel mounting systems are being treated to be the most critical component of the BOS.
For the next financial year, Nuevosol is aiming at further standardizing the mounting systems. Standardizing ground mount systems calls for innovation to accommodate for customization and varying on-site conditions. Talking about their plans for FY 2013-2014, Director, Mr. Harish says "More than 2GW would be installed in the coming year throughout India. This calls for standardization of structures while providing sufficient scope for customization. Our design team coordinates with production team regularly to optimize and eliminate bottlenecks on the shop floor. Similarly, we have streamlined operations to perform on-site execution at an exceptional pace"
While executing the Mega power plants Nuevosol was also supplying for the rooftop and specialized mounting systems segment, and has provided its Non-penetrative rooftop structures and various Car Parking structures to several projects ranging from Mega watts to as small as 1kW. This differentiated Nuevosol as a unique solution provider who can address any scale of the industry. Nuevosol plans on standardizing rooftop products still offering a wide range to accommodate for the customer's needs.
Nuevosol believes that India is at a crucial juncture where grid and socket parity are becoming a reality, and they find themselves best positioned in fostering grid parity by providing most optimized solutions. Emerging countries all over the world have been promoting solar power and Nuevosol believes it can cater to their needs with the experience acquired in domestic market over 30 projects in 10 different regions and 150MW of installation. Nuevosol is aiming at going global by expanding to Europe, Asia, Middle East and the Americas in the near future.