Cleantech Solar has commissioned 42 MWp of solar photovoltaic projects for a global metal components manufacturer at its 300 MWp of solar parks in Maharashtra. The generated power from these solar parks will be procured by the client on a captive basis, providing solar power for their manufacturing facilities in the state.
The long-term solar partnership between Cleantech Solar and the off-taker is expected to generate over 1.5 TWh of clean energy during the lifetime of the project, which is equivalent to a reduction of approximately 1,383 kilotonnes of carbon dioxide emissions. The fully operational solar PV systems have been designed, financed, and built by Cleantech Solar, and will be operated and maintained by Cleantech Solar throughout the term of the agreement.
In August 2022, Saint-Gobain India, the Indian subsidiary of the French construction materials company Saint-Gobain, teamed up with Cleantech Solar to build an 18.7 MW solar plant for its self-consumption. Cleantech Solar will be establishing the PV plant at its solar park in Tamil Nadu as per the terms of the agreement. Saint-Gobain India will procure power for its manufacturing facilities in Sriperumbudur and Perundurai on a captive and open access basis.