Arbutus Consultants, Leidos Sign Agreement for India Renewable Energy Opportunities
Arbutus Consultants and Leidos have signed a marketing agreement to jointly pursue select renewable energy and infrastructure asset advisory projects in India.India is witnessing significant growth in renewable energy capacity and infrastructure. Part of the Government of India’s energy plan calls for an installed renewable power capacity of 175GW by 2022 with 100GW of that capacity as solar power. With current installed solar capacity of approximately 6GW, numerous challenges and business opportunities exist in the next six years.
Arbutus Consultants is one of the foremost providers of consulting and engineering services in the field of solarenergy. Arbutus has been involved in consulting and engineering assignments for more than 3,000MW of solar PV power since 2005, of which more than 600MW are operational. Arbutus is well known in the Indian market for its strong business principles and independent engineering capabilities.
Leidos is a recognized leader in lender’s and owner’s technical advisory services in the fields of infrastructure and power, including power generation from renewable sources such as solar or wind energy; fossil-fuel generation; electric transmission and distribution and related infrastructure. Leidos design and engineering capabilities ranked No. 2 in solar power, No. 7 in transmission and distribution and No. 10 in wind power in 2015 by Engineering News-Record.
“The Indian renewable energy market, especially solar, is witnessing unprecedented growth,” said VivekJayakumar, executive director of Arbutus Consultants. “In order to successfully deliver a large utility-scale project within stringent timelines and cost considerations, it is very important to provide sane advice backed by expertise and global experience.”
“Our teams bringhundreds of years of expertise in consulting and engineering services,” said Brad Barta, vice president of Leidos’ asset advisory practice. “With this agreement, we can help deliver unmatched value to clients through a deep understanding of local compliance standards, regulations, engineering and project implementation practices, as well as international best practices and standards.