Cleantech Solar signs 15-Year PPA with First Solar for renewable energy supply in Tamil Nadu
![Cleantech Solar signs 15-Year PPA with First Solar for renewable energy supply in Tamil Nadu](https://sustainabilityeconomicsnews.com/wp-content/uploads/2024/01/1704474532.04052_First-Solar-and-Cleantech-Solar_0_0.webp)
Cleantech Solar has inked a 15-year captive Power Purchase Agreement (PPA) with First Solar, Inc., committing to build 150 MWp of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil Nadu, India.
The clean energy generated will supply approximately 7.3 gigawatt-hours to First Solar’s new 3.3-gigawatt vertically integrated solar manufacturing facility in Tamil Nadu.
Expected to be commissioned by Q3 2024, the solar and wind assets will cater to 70% of the facility’s power needs and reduce CO2 emissions by nearly 7,000 kilotons over the PPA’s duration.
Cleantech Solar will also procure 150 MW of First Solar’s India-made Series 7 thin-film solar panels to power the solar PV component of the PPA.
First Solar’s Tamil Nadu plant is known for being the world’s first net-zero water withdrawal solar manufacturing facility and features a PV solar recycling plant, showcasing its commitment to sustainability and environmental responsibility.
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