Cleantech Solar, a corporate renewable energy solutions provider in India and Southeast Asia, has commissioned 37 MWp of solar photovoltaic (PV) projects for a global industrial manufacturing giant at its solar parks across Maharashtra with a total capacity of 300 MWp. The corporate client will procure power from these solar projects on a captive basis to supply its manufacturing facilities in the state.
The PV projects are expected to generate over 1.3 TWh of clean energy during the project lifetime, amounting to a CO2 emissions reduction of around 1,198 kilotonnes.
Cleantech Solar installed the plant on a turnkey basis, and designed, financed, and built the fully operational solar project. It will also provide operation and maintenance services for the project throughout the term of the agreement.
Headquartered in Singapore, Cleantech Solar has numerous solar power plants across India and Southeast Asia, covering over 750 MW across the various stages of operations and construction with additional solar and wind projects under development. This includes installations in India, Singapore, Cambodia, Indonesia, Malaysia, Thailand, and Vietnam.
The company is backed by long-term strategic shareholders like Keppel Corp., Keppel Asia Infrastructure Fund, and Shell Eastern Petroleum.
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