Korean solar module manufacturer Hanwha Q Cells is to supply photovoltaic modules for 70 megawatt capacity to Ramnad Solar.
The Tamil Nadu-based subsidiary of Adani Group will be installing the modules at an upcoming project in the south Indian state.
Hanwha will be supplying the modules to Ramnad Solar by the time construction on the project begins in October under the terms of a photovoltaic module supply agreement. The project is slated for completion in February 2016.
Tamil Nadu has been attracting significant investment in clean energy projects, particularly since the announcement of renewable energy targets by the incumbent government.
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Earlier this month, Adani Group signed a memorandum of understanding (MoU) with the state’s Generation and Distribution Corporation (TANGEDCO) to develop five solar PV plants with peak capacity of 648 megawatts in Ramanathapuram district. The projects will draw cumulative investment of $715 million over the next few years.
Meanwhile, Hanwha has signed another solar module supply agreement with Sunrun, the US-based residential solar company. The Korean module manufacturer is to supply modules to meet 50MWp capacity through a subsidiary.
Production of panels will begin next year, according to a statement.
Ajith Kumar S