Cleantech Solar to Develop C&I Solar PV Projects of 60 MWp Capacity in Tamil Nadu

Cleantech Solar Reaches Commercial Operation for Maiden Virtual Power Purchase Agreement

Cleantech Solar, which offers renewable energy solutions to corporations in India and Southeast Asia, has entered into long-term power purchase agreements (PPAs) with Commercial & Industrial (C&I) customers in Tamil Nadu. The agreements pave the way for the establishment of 60 MWp of open access solar park in Tirunelveli district in the state.

Power supplied from these projects will be purchased by consumers on a captive basis, helping power up their manufacturing operations in Tamil Nadu .The projects are being set up across various sectors like automotive, chemicals and education.

The addition of the said projects in the firm’s kitty takes its blue chip customers to over 15 with projects standing at a cumulative of 300 MWp in stages of operations and construction in Tamil Nadu.

Sachin Jain, Chief Executive Officer of Cleantech Solar, stated, “It is wonderful to partner with the world’s leading C&I customers, enabling them to make the switch to green energy. Tamil Nadu has been a frontrunner in renewable energy development and our state-of-the art solar park in the state will provide clean energy to our customers, helping them decarbonize and achieve their green energy targets. In addition to this, diversifying energy sources will help these corporations achieve stability of energy supply whilst providing significant savings on the cost of electricity. We are honoured to be part of this green energy transition and look forward to building on these partnerships further.”

The partnerships forged between Cleantech Solar and the C&I customers will produce close to 2,112 GWh of clean energy, curbing 1,932 kilotonnes of CO₂ emissions.

Cleantech recently marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25 MW wind power projects in these states.