Welspun to buy 100 MW CIS thin-film solar modules from Solar Frontier

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Welspun Renewables and Solar Frontier have reached on an agreement to supply modules for a 100 MW project.

Solar Frontier will supply its CIS thin-film solar modules to Welspun
Renewables to be used at various upcoming projects in Indian sites with high levels of solar irradiation.

CIS modules generate a higher energy yield than crystalline silicon modules in real-world operating conditions.

They are appropriate for hot climate countries such as India, where CIS modules benefit from a low temperature co-efficient and their light-soaking effect, which further boosts power output after the module is exposed to light.

Welspun Renewables’ supply agreement follows a fresh sequence of Power Purchase Agreements that the company has signed with multiple state governments.

Recently, Welspun signed a deal for Rs 700 crore investments in Indian solar asset.

During the World Economic Forum (WEF), the agreement was signed for setting up 100.1 MW of solar PV project in Andhra Pradesh.

Welspun Renewables will leverage its technical expertise for establishing these solar projects for the state.

During the event of Vibrant Gujarat Summit, Welspun announced an investment of Rs 8,300 crore to launch 1,000 MW of solar and wind portfolio in Gujarat.

Welspun has committed to establish 500 MW wind and 600 MW solar capacities with Gujarat Urja Vikas Nigam (GUVNL).

Welspun targets commissioning over 1 GW of solar and wind capacity within fiscal 2015 and is present across nearly all states in India.

Till date, Welspun Renewables has commissioned 308 MW solar capacities.

Moreover, Welspun has commissioned over 366 MW solar and wind power projects and another 978 MW capacities are under construction.

The government of India has set a target of 175 GW of renewable energy by 2022, of which 100 GW will be solar energy.

In 2015, Solar Frontier is re-engaging the global market, from the Americas to Europe, South and Southeast Asia.

Sabeena Wahid
[email protected]

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