INDUSTRY JEWEL : Sukhwinder Pal Singh, Managing Director – Energy, Ingeteam Power Technology India Pvt. Ltd.

Education and Background:

Mr. Sukhwinder Pal Singh has been currently associated with Ingeteam. He had completed his B.E. degree in Electrical stream, and Post Graduation in Business Management. With 23 years of experience in Energy sectors and large multinational companies combined with leadership roles have been instrumental in growing the business and establishing the brands. Have strong management skills which have been instrumental in revenue growths and managing P&L of the company. He likes to work towards consensus and continuously strive for excellence with focus on employee development, financials management, HR & Quality.

Work experience:

Mr Singh is having a rich experience of more than 11 years in renewable energy across all sectors. With more than 4 years’ experience with Ingeteam, which have been instrumental in starting state-of-the-art manufacturing unit in Chennai for wind converters & controllers and setting up strong network for solar PV sales and services for South East Asian (SEA) markets.

Company’s Work Goals and Achievements:

Ingeteam is a global supplier that provides a very wide range of products and services for different sectors: string and central PV inverters, wind converters, energy storage battery inverters, MV solutions, wind and hydro generators, O&M services, etc. It has been into RE sector for over 30 years, and offers a comprehensive range of proven and reliable electrical equipment, fully integrated solutions. We at Ingeteam India established a new cutting-edge Indian facility in autumn of 2018 in the vicinity of Chennai to satisfy the demand for wind power converters and control cabinets from both local and international OEMs. In response to positive trends in both the domestic and global markets, the 3,500 m² production facility was recently expanded by about 50% to reach 4,900 m². This manufacturing is DNV certified.

Similarly, we have been increasing our staff count steadily in order to meet the demands. We are in near future looking at solar inverters manufacturing to support our valued customers with technology driven product solutions. With more than 1.5 GW of solar inverters portfolio under our service network we plan to further enhance our growth in solar solutions including O&M. We also had the largest battery storage solution project commissioned in India. Even with Wind converters we have more than 1 GW shipped converters from our manufacturing plant.

We will continue to invest in India and build on our already established network of manufacturing, sales and services to provide our clients with the latest technology products and services meeting not only the Indian standards, but also global ones.

Industry Outlook:

Particularly from Renewable energy sector we believes that market has been consistent for the last few years & we see that trend to continue in the years to come. Unfortunately there has been a down trend because of the prevailing Covid situations but things should be back to normal next year.

The main technology trend that we see in the PV inverter business is the development of 1500V PV inverters with a greater power output. Thus, PV inverters with a greater power density, at both string inverter level and central inverter level. At central inverter level, we are seeing liquid-cooled developments that can provide a greater amount of power thanks to the greater cooling capacity of the liquid coolant. At string inverter level we also see larger inverters that achieve several hundreds of kilowatts.

Definitely with competitive market environment in India we need to keep working on the technology to help meet the expectations of our valued clients by helping reducing on the overall BOS with our products, solutions and services. It is true that price pressure in the solar power sector is a key factor, but it is also true that, the solar PV technology is now the most competitive energy generation technology in many countries including India, and it will probably become the most competitive technology all over the world in the coming years.

Another area we see growth is in the EV Markets in coming years. While there is no dearth of government incentives in India, the lack of adequate infrastructure and unaffordable price of EVs are a big challenge. Though we feel the market may take further 1-2 years to reach to its potential, we at Ingeteam are already geared up for the EV Solutions as despite the Indian automotive market experiencing a decline because of current situation, the EV market is expected to keep growing in the coming years. With the B6 norms becoming applicable from April 2020, the EVs will become more price-competitive thus accelerating EV sales in India.

- Energetica India