Mumbai, January 11, 2017 – NEXTracker™, a Flex company, announced today it has partnered with CleanMax Solar, India’s largest solar developer for corporate consumers, to supply 30 MW of its advanced NX Horizon single-axis trackers to a project in Tamil Nadu. The grid-connected project will deliver energy to a major IT consumer in Chennai, under a long-term contract with CleanMax Solar. Set up under the Group Captive Scheme, 100% of the electricity generated will be consumed in Tamil Nadu. The system is expected to be operational by the end of Q1 2017.
“We are proud to be partnering with India’s leader in the corporate solar market, CleanMax Solar,” said NEXTracker CEO, Dan Shugar. “In the five years since its inception, CleanMax Solar has assembled an impressive portfolio of global industrial corporations to which it is providing clean energy generation. Our advanced solar tracker technology and experience in the India market will complement CleanMax Solar’s efforts to accelerate India’s private sector adoption of renewable power generation.”
“We are pleased to be working with NEXTracker on this project. The Company has a strong global track record of executing projects with superior design engineering and exceptional customer service,” stated CleanMax Solar Managing Director, Kuldeep Jain. “As the leading provider of solar power to corporates in India, we are always looking for the best technology to increase the output from our solar plants, and NEXTracker’s technology complements this approach perfectly.”
Traditionally a non-tracker market, India’s solar tracker market is expected to grow exponentially by 2021, amounting to 31% of ground mount projects, up from 7% in 2016. Many developers, such as CleanMax Solar, are expressing interest in solar tracking systems for private PPAs. NEXTracker recently supplied India’s largest solar tracker project to date – the 105 MW Adani Power Plant in Punjab.
NEXTracker’s proven high quality design, coupled with local deployment, installation and commissioning support are ideal for large-scale solar in India. The company’s trackers feature fewer foundations and assembly points, helping to mitigate geotechnical risk and accelerate project construction schedules. With close to 6 GW of tracker systems delivered worldwide, NEXTracker’s PV system technology and experience in the market, paired with CleanMax Solar’s tremendous success as developer, will help accelerate solar deployment in India – and around the world.