MR. SHAKTI KUMAR DUBEY
Q. What is your purpose participating in REI and what are your expectations from this mega event?
REI is Asia’s leading b2b expo offers an all-inclusive platform to domestic and international manufacturers, traders, buyers and professionals from across the renewable energy domain. This is a great opportunity for En-icon to showcase our highly efficient products made with cutting edge technology and research for domestic , commercial and industrial applications.
Q. Going forward, what role do you see your organisation playing in the future development of solar modules?
En-icon's vision is to become the greatest contributor towards making India a Green Energy Powered Country as well as to find a pollution free globe to save the next and next generations. To achieve it, we are continuously providing end to end solar solutions- manufacturing highly efficient products at the most competitive prices.
Q. The company is focusing on renewable energy; can you shed some light on the current renewable energy market both in Indian as well as in the global context?
Over the past decade, the cost of solar has fallen dramatically. New technologies promise to increase efficiency and lower costs further. Solar energy will soon be unbeatable compared to fossil fuels. Also, the country will meet 50 per cent of its energy requirements from renewable energy by 2030 which is huge.
Q. The recent cost rise has put pressure on module markers, what is your company’s response?
Supply demand mismatch is the most crucial factor which is directly or indirectly leading to an increase in module prices. Hope soon there will be a balance between the supply and demand as it is essential for stabilisation of solar module prices.
Q. Please highlight some interesting facts about your uniquely named products RIG, SAAM, YAJUR, ATHARVA.
The Vedas consider the sun as the soul of the world, it has been considered as a life nurturer. The names of our products - RIG, SAAM, YAJUR, ATHARVA have been taken from the vedas to honour its role in combating climate change and being the guiding light to increase solar power.
Q. Tell us about your commitment towards the solar sector in India & your strengths to achieve your targets?
We believe to empower by offering sustainable, affordable & innovative energy solutions with 100% quality assurance to our customers. We’ve adopted a fully automated robotic factory system with 130 MW solar module manufacturing capacity.
Q. What are Icon Solar’s highlights in 2021 & 2022? What are the company’s hopes in 2023?
Like other industries, post-pandemic was a bit difficult and the growth was slow but still we achieved 31% growth in 2021 and again 20% in 2022. For us, 2023 is full of hopes and we are expecting at least 35% growth as we are also going with the expansion and coming up with new products in MONO Perc Solar Modules.
