Indian Solar Market Is Next Target For MiaSole
MiaSole, a manufacturer of copper
indium gallium selenide (CIGS) thin-film photovoltaic solar panels, has
announced the appointment of Preetha Nair as Country Manager India as the
company expands its global presence in the search for new markets. With India
receiving lots of positive press about its future potential the company joins the
queue of those seeking to benefit in this emerging market.
The new Manager Nair has an extensive
history in clean energy and trade finance, having previously served as the
Senior Commercial Specialist at the U.S Commercial Service, U.S Department of
Commerce at the American Embassy in New Delhi. During her tenure with U.S.
Commercial Service Nair advised over 500 U.S. companies in entering the India
market, representing over $4 billion in export sales. In March 2012, U.S.
Secretary of Commerce John Bryson awarded Nair the Department of Commerce's
most prestigious Bronze honor award.
"MiaSole's 14% efficiency solar
panels are the highest efficient thin film modules globally, and ideal for hot
temperature climates like India. The addition of Ms. Nair is a significant
milestone in our long-term commitment to emerging markets like India,"
said Rich Hossfeld, Vice President of Global Business Development and Sales for
MiaSole. "Ms. Nair's insight and extensive experience will be integral in
further driving the growth of our company as well as enhancing the value and
service we offer our customers. I look forward to working with Preetha as we
develop our strategy throughout India and deliver the lowest levelized cost of
electricity."
MiaSole has 8MW of solar projects in
India completed or under construction, including a 2MW utility scale solar
development project in Gujarat, India by Universal Solar System and financially
supported by the Export-Import Bank of the United States. Its 14% efficiency
panels represents a greater than 30 percent year over year improvement in
efficiency and demonstrates how the company is aggressively moving toward a
cost structure that is competitive with top-tier global solar manufacturers.