Cleantech Solar Commissions 37 MW Solar Project in Maharashtra
Project will supply power to a global manufacturer under the captive model
Singapore-based Cleantech Solar, a renewable energy solutions provider, has commissioned a 37 MW solar power project in Maharashtra to supply power to a global industrial manufacturing firm through open access under the captive model.
The procurer will use the energy to power its facilities in the state. The commissioned project is part of Cleantech Solar’s 300 MW solar parks across Maharashtra.
The remaining capacity of the solar park has also found buyers with projects under construction.
The long-term partnership between Cleantech Solar and the procurer will generate over 1.3 TWh of clean energy during the lifetime, accounting for a reduction of approximately 1,198 kilotons of carbon dioxide emissions.
Cleantech Solar is the turnkey solution provider and has developed a fully operational solar project. The company will also provide the project’s operation and maintenance services throughout the agreement term.
Speaking on the development, Raju Shukla, Founder and CEO of Cleantech Solar, said, “We are honored to be the chosen sustainability partner for some of the world’s leading industrial manufacturers, providing renewable energy to the client from our state-of-the-art solar parks in Maharashtra in this instance.”
He added that top corporate consumers’ renewable energy procurement indicates their commitment to power operations sustainably, reducing their carbon footprint and minimizing environmental impact.
The company has several solar power projects across India and Southeast Asia, with a total capacity of nearly 750 MW under various stages of operations and construction, with more solar and wind projects under development.
Last December, Cleantech Solar commissioned 42 MW of solar power projects for a global metal components manufacturer at its 300 MW solar park in Maharashtra. Cleantech Solar was responsible for designing, financing, and building the solar projects and will continue to operate and maintain them for the duration of the agreement.
Earlier, Cleantech Solar had commissioned a 2.6 MW rooftop solar photovoltaic project at the manufacturing facility of Exide Industries’ wholly-owned subsidiary, Chloride Metals, in Haldia, West Bengal.