Nextracker, a global provider of intelligent solar tracker and software solutions, has signed a master supply agreement (MSA) with Amara Raja Power Systems Ltd for its solar trackers.
These solar trackers will be deployed at NTPC’s upcoming 306- MWp Nokh solar project in Rajasthan. Amara Raja Power Systems is understood to be the balance of systems (BoS) contractor for the Nokh solar project.
The announcement follows the upward trend for the deployment of solar trackers combined with bifacial module technology in India due to falling module prices and increased tracker design efficiencies. Nextracker’s optimized bifacial tracker design has been proven to increase energy yield as validated by third party test laboratories in this seminal bifacial and solar tracker white paper.
“We are proud to offer this advanced technology to NTPC, and Nextracker is the right local partner to help us achieve lower levelized cost of energy (LCOE) over the lifetime of the plant due to its bifacial optimized design,” noted Dwarakanadha Reddy, Business Head Projects Division, Amara Raja Power Systems.
“We are grateful for this opportunity to partner with Amara Raja and India’s largest power public sector utility, NTPC Ltd,” said Dan Shugar, Nextracker founder and CEO.
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In an independent development, NTPC Group, on December 20, 2022, crossed 3 GW of operational renewable energy capacity. NTPC now has 36 operational RE projects spread across 12 states with a cumulative capacity of 3,094 mw, NTPC said. In FY23 till date, NTPC has added 1,242 mw of RE. As on date, 4.8 GW is under different stages of implementation and another 7.3 GW is under tendering.