With the COVID-19 situation easing across various states, EPC and installers have resumed their projects again to a normal level to meet pent-up demand. They want to accomplish the projects as soon as possible especially the subsidized ones.
Projects which were paused due to lockdowns and curfews are now resuming. Business activities across the sector are picking up with the opening of new projects and tenders.
“There is a huge sudden demand in the market due to uplifting of lockdown after a while. Also, there are ongoing tenders at the procurement and installation stage. To fulfill this demand, we need to plan a proper and continuous flow of goods in the market.,” said Sandeep Banodiya, Sales Director of Krannich Solar.
He further added, “We are carefully reviewing the demand and supply situation and recalibrating our operations accordingly while protecting the interest of our customers and supplier”.
James, GoodWe Country Manager of India said, “GoodWe is ramping up its production of residential inverters to meet the demand of the Indian residential market”. He added that “We have recently received an order of 5000 Pcs of residential inverters from Krannich Solar, one of our biggest channel partners in the country.’
He added that “the company is optimistic about a faster market recovery and expects a demand to further increase. In parallel, the company is also preparing for the C&I and Energy Storage Solution sectors.”