Goldi Solar has announced it has completed a 24+ MW supply order of PV modules to LS Mills, a leading textile company based in Theni, Tamil Nadu. The modules were used for a project based in the Virudhunagar District of Tamil Nadu, commissioned in March 2021. A cumulative 71,690 high-efficiency polycrystalline solar panels (model Goldi 72 GN) rated for a 335 Wp power output each were used in the project.
Textile is an energy-industry industry, consuming a large amount of electricity right from the manufacturing of yarn to processing and cloth manufacturing.
With the PV installation, LS Mills is expected to save approximately 37.668 GWh of electricity per annum and offset over 35,040 tonnes of CO2 per year.
Goldi Solar’s current production capacity is 500 MW, and the manufacturer is looking to expand to 2.5 GW with a second facility soon.
Founded in 2011, Goldi Solar is exporting to 20+ countries globally, including the USA, UAE, Turkey, Myanmar, Italy, Greece, Germany, France, Denmark, and Croatia. The company has also made significant inroads into the EPC sector, covering residential, commercial and industrial, and agricultural sectors.
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Embarking the successful journey of Goldi, do watch their brand legacy video https://youtu.be/1Mpwy9Iw1qs
Avaada Group’s efforts in expanding solar energy capacity align with India’s renewable energy targets. By securing PPAs for 14 GW of renewable energy, they demonstrate resilience and adaptability, ensuring progress despite economic challenges like increased material costs.