Hartek Group announced the launch of Hartek Solar to strengthen focus on rooftop solar business and appointed Ravinder Shan as CEO.
Hartek Group’s rooftop solar business division has already commissioned 13.75-MW rooftop solar plants across the country in Tamil Nadu, Telangana, Uttar Pradesh, Gujarat, West Bengal, Punjab and Chandigarh. It has 2 percent market share in rooftop solar installations, according to Mercom Capital Group.
Hartek Group chairman and managing director Hartek Singh said the company would be coming up with innovative rooftop solar solutions and attractive business models to capitalise on the emerging trends.
The immediate focus of Hartek Solar would be on commercial spaces and industries. “But we will also tap the residential market, which will drive much of the growth in the rooftop solar space in years to come, by offering customised solutions based on electricity usage and availability of space,” said Ravinder Shan.
Ravinder Shan is the person behind Phoebus Power, the first company to come up with innovative solutions like solar tree, solar fencing and customised rooftop solutions.