RenewSys, an integrated manufacturer of PV modules, has announced the signing of a 100 MW solar module supply agreement with Engie India.
Under the contract, RenewSys will supply PV modules for Engie India’s GUVNL 2 project. The project will supply power to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a 25-year power purchase agreement (PPA).
Avinash Hiranandani, vice chairman and managing director of RenewSys India, said, RenewSys India will commence the supply of its monocrystalline bifacial glass-backsheet modules for this project soon and complete its execution by the second quarter of 2024.
Headquartered in Mumbai, RenewSys is an integrated PV module manufacturer with 2.75 GW of panel production capacity, 6 GW of encapsulants, 4 GW of backsheets, and 130 MW of PV cells. It has produced and supplied over 22 GW of encapsulants and backsheets worldwide.
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