Order Focus: REC supplies 10MW of ‘Peak Energy’ modules to Indian projects

  •   PV project developers, Euro Solar Power Private Limited and Aatash Power Pvt. Ltd., selected Renewable Energy Corporation’s (REC) ‘Peak Energy’ modules for separate projects totalling 10MW.
    PV project developers, Euro Solar Power Private Limited and Aatash Power Pvt. Ltd., selected Renewable Energy Corporation’s (REC) ‘Peak Energy’ modules for separate projects totalling 10MW.

Financials

  • RECO
    STO
    3.30
    +0.01 (0.18%)
    4:17PM GMT+2

PV project developers, Euro Solar Power Private Limited and Aatash Power Pvt. Ltd., selected Renewable Energy Corporation’s (REC) ‘Peak Energy’ modules for separate projects totalling 10MW.

REC said it supplied 21,520 of its Peak Energy solar panels to Euro Solar Power Private Limited and an additional 20,480 solar panels to Aatash Power Pvt. Ltd for two projects in Gujarat, India.

“The historic blackout in India in late July 2012 identified the main problems of energy supply in India: a strong focus on fossil fuels and the centralized grid,” explained Luc Graré, Senior Vice President Solar Sales and Marketing, REC. “Renewable energy, especially solar electricity solutions, are needed to power India’s future because solar energy is available when needed – during peak hours.”

According to REC, the cost of a unit power from an off-grid solar system is in the range of €0.14 - €0.16 per kWh in comparison with diesel generators costing between €0.23 – €0.25 per kWh. 

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!
Next Generation Solar PV Finance

Publications

  • Photovoltaics International 24th Edition

    Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media