RMC Green Energy Pvt. Ltd., a subsidiary of RMC Switchgears Limited, has secured approval from the Rajasthan Renewable Energy Corporation to develop a 50 MW Renewable Energy Park under the Rajasthan Renewable Energy Policy 2023. This project marks RMC’s entry into the Solar Park business as a renewable Independent Power Producer (IPP). The company is also pursuing over 600 MWp in additional tenders and aims to secure 1 GWp in EPC contracts within 18 months. By collaborating with experts and utilizing its in-house team, RMC is positioning itself at the forefront of India’s renewable energy efforts, which aim to achieve 450 GW of capacity by 2030.
RMC Green Energy to develop 50 MW solar park in Rajasthan
RMC Green Energy has received approval for a 50 MW solar park in Rajasthan, furthering its role as a renewable IPP. (Photo Source: Pexels)
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The IEA’s latest report reveals that module prices have halved since early 2023, as the market faces a surplus in solar manufacturing. (Image Credit/Source:Pixabay/Pexels)
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