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The Hindu
The Hindu
National
The Hindu Bureau

First Solar ties up with Cleantech Solar to procure clean energy for its Sriperumbudur plant

First Solar Sriperumbudur Tamil Nadu Electricity India

American solar technology company First Solar on Thursday said it has entered into a 15-year captive Power Purchase Agreement (PPA) with Cleantech Solar. Under the agreement, Cleantech Solar would provide clean electricity to First Solar’s 3.3 gigawatt vertically integrated solar manufacturing facility in Sriperumbudur.

First Solar’s manufacturing facility in Sriperumbudur would be inaugurated in presence of Tamil Nadu Chief Minister M. K. Stalin on January 11.

Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil Nadu and supply about 7.3 gigawatt-hours (GWh) to First Solar’s facility, the companies said in a joint statement.

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