Emmvee Group, Hero Future Energies In Agreement For 600 MWp Solar Modules

Bengaluru based Emmvee Photovoltaic Power Pvt. Ltd, announces a strategic agreement with Hero Future Energies to provide solar modules. Under the agreement, Emmvee will supply up to 600 MWp of high-efficiency solar modules over a two-year period. The deal marks a noticeable pick up in long term arrangements for HFE, as it seeks to ramp up its portfolio faster than ever before.

Emmvee, with over 32 years of expertise in solar manufacturing, has been one of the oldest players in the business with vast experience of conditions in India.

Speaking about the agreement, Srivatsan Iyer, Global CEO, Hero Future Energies, expressed optimism about the partnership, stating, “In the face of ongoing global supply chain challenges, our latest strategic agreement with Emmvee allows us to better manage our cost and supply-chain uncertainty and ensures a consistent supply of high-quality modules. This partnership is a key enabler in our journey to fulfil our project pipeline, safeguarding against any potential disruptions that could adversely affect our projects in terms of both cost and timeline. We are thrilled about the opportunities this partnership presents and are eager to work with Emmvee to meet our objectives for sustainable energy.”

Emmvee Photovoltaic Power also welcomed the Agreement, with Rohit Dhar their COO , stating, “We are thrilled to embark on this new journey with Hero Future Energies. This landmark agreement signifies the beginning of a strong and enduring partnership. We are honored to partner with a company that shares our vision for a sustainable future and are confident that our high-quality solar modules will contribute significantly to Hero Future Energies’ projects.”

Emmvee’s existing production capacity totals up to 3 GW for PV Modules with 1.5 GW Topcon Cell Line expected to get commissioned within next few months.

HFE has a global portfolio of 4.5 GW of renewable energy assets across India, Ukraine and Vietnam comprising both operational and under construction projects. HFE also has another 2 GW of projects in the pipeline across the above geographies as well as the UK and Bangladesh.