Acciona Energía has announced that it will build a new 412 MWp solar PV project in the Indian state of Rajasthan. The Spanish renewable energy developer expects to commission the plant by 2025.
The solar farm will consist of around 750,000 PV modules of 545 Wp each. It will produce around 800 GWh of green electricity per year, enough to power 840,000 households, and will help to offset 724,000 tonnes of CO2 emission annually.
The new solar plant will be Acciona Energía’s largest project in India, where it already owns and operates four wind farms, and reinforces the company’s commitment to growth and geographic diversification.
The project will be included in Acciona Energy’s Social Impact Management program, designed to support education, welfare and environmental care programs in the communities in which it operates.
“India is the fourth largest power market in the world in terms of installed capacity, with 42% cumulative installed capacity from non-fossil fuel sources. Its target of 500 GW of renewable energy capacity by 2030 puts it among the most promising countries in the world for renewable energy growth,” Acciona Energía stated.
The installed solar energy capacity in India has increased by 30 times in the last 9 years and Rajasthan has the highest cumulative large-scale solar installations, with over 18 GW by the end of 2023. The solar power installed in this region represents approximately 25% of the cumulative utility-scale solar capacity in India.
Acciona Energía has 12,9GW of renewable energy and commercial operations in 20 countries. With 30 years of experience, Acciona Energía offers a complete portfolio of tailor-made energy solutions for its corporate and institutional clients to meet their decarbonization goals.
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