US company First Solar Inc (NASDAQ:FSLR) aims to retain a share of the Indian thin-film solar modules market ranging from 15% to 20%, a top executive told the Economic Times.

The thin-film panels maker and solar project developer has so far kept a share in that range and wants to continue to do so, Sujoy Ghosh, country head for First Solar, said as cited by the newspaper.

Ghosh also mentioned that the company plans to develop its own utility-scale projects in the country by obtaining power purchase agreements (PPAs) through local tenders. Upon completion of the plants, it will be offering them to investors seeking predictable yield generating returns.

Derick Lila
Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.

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