Adani Green & Airtouch in Deal For Supply of Cleaning Robots for Solar Panels

Israeli robotic cleaning firm Airtouch has signed an agreement worth 2.5 million USD for the supply of cleaning robots for solar panels to India’s renewable energy firm, Adani Green Energy Ltd (AGEL). This is the first agreement between the firms, which carries the potential to expand the collaboration.

Tal Laufer, CEO of Airtouch Solar Group, said, “We view this strategic agreement with India’s largest renewable company, AGEL, as a significant milestone in expanding the company’s operations and foresee that the collaboration with AGEL has the potential to expand on a significant scale in India and abroad. This transaction is yet another layer in strengthening Adani Group’s relationship with the Israeli technology companies. With the signing of this agreement, Airtouch continues to solidify its position as a leading robotic cleaning company in the solar industry.”

Nick Lanir Brown, Chief Business Officer remarked, “This important agreement with the giant Adani Group was signed following long and meticulous negotiations conducted by the parties over a period of time. We thank the managers of the Adani Group for a vote of confidence in Airtouch and its technology. The Adani Group has a massive portfolio in the solar sector and as part of the agreement signed, AGEL will be able to place further orders from time to time and we believe the joint activity can be significantly expanded.”

Airtouch’s robots will be installed in AGEL’s solar project in Rajasthan. According to the planned schedules, installation of the systems is expected to be completed by the end of the first quarter of 2024.

The said order is within the framework of a Master Supply Agreement signed by Airtouch and AGEL. This agreement regulates the relationship between the parties in general and under which the Adani Group will be able to place additional orders for Airtouch systems from time to time, with the specific terms of each order, including the quantity of systems ordered, the delivery schedules, and their price, to be determined individually within each order. The Adani Group holds a portfolio of green energy assets totaling approximately 8 GW, most of which is solar.

To date, Airtouch has entered into agreements with customers to install its products on facilities with a total capacity of over 4.4 GW, of which over 2.8 GW have already been installed. The firm’s headquarters are in Israel, and it operates two production centers, in Israel and India. As of this date, the firm operates, manufactures and sells its products and services in Israel and India, and it is currently examining and promoting processes of entering new target markets, mainly the US.

Airtouch has been expanding its penetration in India via partnership with various Indian firms. In March, the firm deepened its operations in India by signing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement will pave the path for the supply and maintenance of Airtouch’s solar panel cleaning robots. Last year, it signed orders worth approximately USD 3.3 million with the Indian mega-corporation ReNew Power for the supply, installation, operation and maintenance of solar panels cleaning robots in several projects. Earlier, it reported signing agreements with clients in India, which include an existing client from the HERO Indian conglomerate, for the sale and operation of solar panels cleaning robots, in an overall amount of more than USD 1.3 million (for the sale of the robots and the provision of maintenance services).