First Solar and Cleantech Solar ink a 15-year PPA, wherein Cleantech will build 150 MW of PV and 16.8 MW of wind assets in Tamil Nadu, India. The facilities, operational by Q3 2024, aim to fulfill 70% of First Solar’s new 3.3 GW solar manufacturing facility’s electricity needs, cutting 7,000 kilotons of CO2. Cleantech will source 150 MW of Series 7 thin film solar panels from First Solar for the project, expected to be delivered in H1 2024.
First Solar signs 15 year PPA with Cleantech Solar in India
First Solar’s Tamil Nadu plant, India’s first PV recycling facility, innovates closed-loop semiconductor recovery for new modules, reclaiming aluminum, glass, and laminates. Image Credit First Solar.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)