Recently concluded Delhi International Renewable Energy Conference 2010 attracted foreign investments including countries such as China.
Government of India hosted the Delhi International Renewable Energy Conference (DIREC) 2010 from October 27-29, 2010 on the theme of 'Up-scaling and Mainstreaming Renewables for Energy Security, Climate Change and Economic Development".
The three-day event draws more than 9,000 delegates from over 40 countries, including more than 600 exhibitors.
Delhi International Renewable Energy Conference 2010 is the forth its kind after the ones in Bonn in 2004, Beijing in 2005 and Washington in 2008.
China Himin Solar Co, Ltd, a solar water heater producer plans to launch a joint venture manufacturing plant to produce solar water heaters in New Delhi
Chinese side will provide technology and production line with its Indian partner as well as taking care of marketing.
The total investment will be several hundred million yuan and initial capacity will be 10,000 to 50,000 square meters with ultimate capacity at one million square meters.
The plant will mainly assembly components imported from China in the initial stage.
The joint venture could be unveiled in the next few months and could be the first overseas manufacturing plant of China Himin Solar with additional talks going on to build factories in Mexico and the United States.
The joint venture will produce high-end products and it's risky to take up low-end products in solar water heater business under current circumstances.
China's solar water heater players could export industrial standards and technologies to both developed and developing countries, which marks a significant achievement for Chinese manufacturers.
Now, China Himin Solar has three million square meters of its solar water heaters to be installed while exporting marginal share of products to India.
Government of India hosted the Delhi International Renewable Energy Conference (DIREC) 2010 from October 27-29, 2010 on the theme of 'Up-scaling and Mainstreaming Renewables for Energy Security, Climate Change and Economic Development".
The three-day event draws more than 9,000 delegates from over 40 countries, including more than 600 exhibitors.
Delhi International Renewable Energy Conference 2010 is the forth its kind after the ones in Bonn in 2004, Beijing in 2005 and Washington in 2008.
China Himin Solar Co, Ltd, a solar water heater producer plans to launch a joint venture manufacturing plant to produce solar water heaters in New Delhi
Chinese side will provide technology and production line with its Indian partner as well as taking care of marketing.
The total investment will be several hundred million yuan and initial capacity will be 10,000 to 50,000 square meters with ultimate capacity at one million square meters.
The plant will mainly assembly components imported from China in the initial stage.
The joint venture could be unveiled in the next few months and could be the first overseas manufacturing plant of China Himin Solar with additional talks going on to build factories in Mexico and the United States.
The joint venture will produce high-end products and it's risky to take up low-end products in solar water heater business under current circumstances.
China's solar water heater players could export industrial standards and technologies to both developed and developing countries, which marks a significant achievement for Chinese manufacturers.
Now, China Himin Solar has three million square meters of its solar water heaters to be installed while exporting marginal share of products to India.
