Cleantech Solar Crosses 300 MW Mark in Maharashtra For C&I Segment

Cleantech Solar Crosses 300 MW Mark in Maharashtra For C&I Segment Cleantech Solar Reaches Commercial Operation for Maiden Virtual Power Purchase Agreement

Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, has commissioned open access solar PV projects totaling 24 MWp at its solar park in Yavatmal district of Maharashtra. Power from these projects is being procured by leading corporates on a captive basis to meet energy needs for their manufacturing operations in the state. These projects cater to customers across automotive, pharmaceutical, cement, industrial equipment and chemical sectors.

These projects have been developed using single-axis trackers for increased generation and efficiency.

The long-term partnerships between Cleantech Solar and the leading Commercial & Industrial (C&I) customers are estimated to generate more than 911 GWh of clean energy during project lifetime, leading to a reduction of approximately 833 kilotonnes of COemissions. This takes the total portfolio size in Maharashtra, India’s leading industrialised state, to over 300 MWp across operations and construction stages, consisting of solar, wind and hybrid power projects. Cleantech Solar’s focus on expanding its C&I portfolio, currently at 1.2 GWp, aligns with its commitment to sustainable growth.

Sachin Jain, Chief Executive Officer of Cleantech Solar, said:“It gives me immense pleasure to announce the commissioning of these projects for top-tier corporate customers. Our state-of-the art solar parks in Maharashtra leverage the latest and best-in-class technology to provide high-quality and stable renewable power to our clients, helping them diversify their energy sources and manufacture sustainably whilst reducing energy costs significantly.”

Cleantech Solar is a pan-Asia supplier of renewable energy to corporates, headquartered in Singapore.  Cleantech Solar has numerous solar and wind hybrid projects across India and Southeast Asia, covering approximately 1.2 GWp of assets in operations, construction and development stages.

The firm is expected to benefit strongly from the solar push in India’s C&I segment, driven by local as well as global challenges to reduce emissions in the manufacturing supply chain and beyond.

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Tony Cheu

Tony is a BSc who has shifted from a career in finance to journalism recently. Passionate about the energy transition, he is particularly keen on the moves being made in the OECD countries to contribute to the energy transition.