Redington Forges Partnership with Credence Solar for Solar Solutions Adoption

Mar 2, 2023 01:26 PM ET
  • The partnership will strengthen Redington's present portfolio as well as schedule of solar items, the company states.

Redington Limited (NSE: REDINGTON), a modern technology remedies service provider, has actually introduced its partnership with Credence Solar, a Gujarat-based module production firm with a capacity of 500 MW PA. The partnership will pave the way for the distribution of solar panels pan India. As a part of the partnership, Redington will enable the seamless circulation of Credence Solar's items such as high performance photovoltaic panels.

The partnership additionally involves a potential of broadening Credence Solar's reach to various other markets in India as well as strengthen Redington's existing portfolio of solar items. The partnership in between Redington and also Credence Solar will certainly aid to accelerate the mainstream adoption of solar energy by businesses in addition to customers.

" We, at Redington, are extremely delighted to join hands with the Credence Solar to fuel wider adoption of solar innovation in India. Credence Solar has unique possibility to manufacture 650 Wp+ modules. This capability helps them have an one-upmanship in the utility and commercial segment. Through our circulation capacities and also deep geographical gain access to, Credence Solar's products will now be available throughout numerous markets in India. We will certainly likewise check out including more Environment-friendly Energy items right into our Circulation portfolio as we strengthen our partnership with Credence Solar on a pan India basis," stated Pradeep Srikanthan, Business Head of Redington Solar.

Ashwin Patel, MD, Credence Solar, averred, "We rejoice to companion with Redington Solar, that have a huge circulation network throughout the country. The company's motto is to cater better and most contemporary innovation solar products to its network of solar system integrator, network companions and associates. The association will certainly help Credence to expand its reach to all over the nation as well as supply advanced and also superior quality solar PV modules."

Redington Limited, a Ton of money 500 business, has visibility across 38 markets with 60 subsidiary offices, over 290 Credence Solar associations, and 40,000 network partners. Redington considers end-to-end circulation for solar items in India, Singapore, South Asia, Middle-East, Africa and also Turkey.

Credence Solar declares to have developed solid technical promotors diversified from durable group of firms participated in power field, PEB field etc. It has actually made its visibility felt in different production as well as EPC areas. The firm considers the production of higher-wattage higher-efficiency PV modules ranging from 535 W-- 670 W in M10 as well as M12 Busbar. It claims to be the initial producer to start commercial production of M12 modules in India and is licensed as well as authorized by BIS & ALMM. Some of its offerings include Mono and also bifacial (glass to glass with POE).

Last year end, Redington Limited had introduced its cooperation with Enertech, a manufacturer of solar inverters.

Solar Installers, Manufacturers