Solar Semiconductor company operations in Fab City

News Posted - 2010-02-18

Hyderabad, India - September 16, 2009 marks a memorable day in the history of Solar Semiconductor. Dr Farooq Abdullah, Hon’ble Union Minister for New and Renewable Energy, Govt. of India inaugurated the phase 1 of the solar manufacturing facility. Hon’ble Chief Minister of Govt. of Andhra Pradesh, Mr. Konijeti Rosaiah inaugurated the automation unit of the manufacturing facility and reliability testing lab. Mr. Kanna Lakshminarayana, Minister for Major Industries, Commerce & Export promotion and Food Processing, Govt. of Andhra Pradesh inaugurated the Solar Power Plant at Solar Semiconductor. Ms. P. Sabita Indra Reddy, Hon’ble Minister for Home, Govt. of Andhra Pradesh inaugurated Surya Gruha, solar PV kit for electrification of rural homes. Hon’ble Chief Minister of Govt. of Andhra Pradesh Mr. Konijeti Rosaiah inaugurated the Surya Ganga™ series of SPV Pump Systems to address rural water supply and irrigation needs.

Mr. Ponnala Lakshmaiah, Hon’ble Minister for Major & Medium Irrigation, Govt. of Andhra Pradesh, Ms. T Manemma, MLA, Musheerabad along with senior government officials of the government of AP graced the occasion.

Dr. Farooq Abdullah highlighted the potential of solar for electrification of rural villages and water supply for irrigation. The minister indicated that he was seeing interest for the same from various corners of the country including Punjab. The minister promised his best efforts to work closely with banks and financial community to assure financing for solar projects and extend project loans for a period of 20 years. The minister also promised to work closely with the finance ministry to reduce taxes for importing critical solar components to reduce the cost of solar system to increase adoption of solar PV technology while assuring to address the threat of low quality Chinese products. In order to increase the awareness about solar, Dr. Abdullah announced plans to allocate Rs 1crore for the solar electrification of all Raj Bhavan in the country. He also indicated his vision to do the same for all secretariat buildings, residents of all Chief Ministers and other minister houses. Dr Abdullah also indicated plans to provide clean renewable solar electricity to all religious places including Tirupati, Shirdi, Ajmer and Amritsar.

Dr. Farooq Abdullah and Mr. Konijeti Rosaiah reiterated their commitment to help realize the vision of Late Dr. YS Rajashekhar Reddy to establish a Solar Energy Research Centre (SERC) at Fab city. Mr. Konijeti Rosaiah congratulated Solar Semiconductor for its leadership in being the first company to establish manufacturing operations at Fab City.

Mr. Vishnu Reddy, Executive Vice President of Solar Semiconductor said that he was highly encouraged by the support extended by both the central and state government for Surya Gruha™, solar rural electrification kit and Surya Ganga™, solar water pumping solution. On behalf of Mr. Hari Surapaneni, CEO and Founder of Solar Semiconductor, Mr. Venkat Kode, Co-founder and Director of Solar Semiconductor thanked the central and state ministers and government officials for gracing the occasion with their presence. He also presented a memorandum to Dr. Farooq Abdullah offering suggestion for the development of solar industry and market in India.

Source:Solar Semiconductor