Moser Baer to set up one of India’s largest rooftop solar PV installations in Surat

New Delhi, February 2, 2009: Moser Baer Photovoltaic (MBPV), a

subsidiary of Moser Baer India Limited, today announced that it has won a

contract from Roads and Buildings Department of Gujarat to set up one of

India’s largest roof-top solar photovoltaic (SPV) installations in Surat. The

SPV system, of approximately 135 Kilowatt-Peak (kWp) installed capacity, will

run a 40kW load for 10 hours every day and will charge a battery bank of

6,000 ampere hours.

Work on the project has already started and the complete system will be

commissioned by April 2009. MBPV will also manage the operations and

maintenance of this site for seven years.

Commenting on the development, Rajiv Arya, the Chief Executive Officer of

MBPV, said: “This contract underlines our unmatched capability to design and

build reliable and customized solar systems in a cost-effective manner. This

project is in line with the Gujarat government’s focus on clean and renewable

energy in the state.”

MBPV has within two years of its existence established itself as India’s largest

integrated solar photovoltaic player. It offers customized grid-hybrid, off-grid

and power back-up solutions for a number of applications like building

rooftops, telecom towers, banks and ATMs, rural electrification, water

pumping, etc. Its systems are specially designed for reducing the load on

diesel generators or even totally eliminating them, thereby helping customers

achieve breakeven on their investments within a reasonable time-frame. After

achieving breakeven users get almost free power for the rest of the life of the

system, which typically is between 10 to 15 years.

In addition, MBPV views large solar farms as one of its key growth drivers and

has a special wing to provide turnkey services for such farms.

About the Company

Moser Baer Photovoltaic, incorporated in New Delhi, is a subsidiary of Moser

Baer India Limited. It is in the business of manufacturing photovoltaic (PV)

cells and modules. MBPV manufactures solar cells and modules by straddling

multiple technologies including crystalline silicon, concentration, and thin

films. The company currently has production lines in crystalline silicon cell

manufacturing and thin film located in Greater Noida in the National Capital

Region. A thin film PV plant near Chennai with a proposed 500MW

annualized capacity is also being set up.

The parent company, Moser Baer, is a leading global technology company.

Established in 1983, it is the world’s second largest manufacturer of optical

storage media like CDs and DVDs. It has in recent years transformed itself

from a single business into a multi-technology organisation, diversifying into

exciting areas of solar energy, home entertainment and consumer electronics.

Website: www.moserbaerpv.in

Monica Srivastava
Corporate Voice | Weber Shandwick
9899045863