Nextracker has announced the signing of an agreement with Sterling and Wilson Renewable Energy Ltd (SWREL) to deliver solar trackers to a mega solar power plant in Gujarat.
In a release, Nextracker said that SWREL has selected Nextracker for NTPC Renewable Energy Ltd (NTPC-REL)’s upcoming 1.255-GW (AC) solar PV project in NTPC-REL’s Khavda Renewable Energy Park in Gujarat.
As per the agreement, Nextracker will be supplying its optimized bifacial solar trackers to the project, with a view to achieving additional energy gain. The project is slated to be operational by the first half of 2024.
Due to improved tracker design efficiencies, there is an upward trend for the adoption of solar trackers combined with bifacial module technology in India. In addition to supplying solar tracker technology, components will be made with locally made steel from factories in Gujarat, Nextracker said. Currently, Nextracker, with 5 GW of annual manufacturing capacity in India, is successfully operating twenty-five projects successfully across India.
Commenting on the partnership, Mr. Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group said, “Nextracker has been a great partner for us in India and in the global markets we serve, and we are glad to associate with them for this project. Together, we aim to deliver a landmark project and contribute to India’s renewable energy targets”. “At Sterling and Wilson Renewable Energy, we always aim to deliver spectacular, high-quality, cost-efficient, and timely solar energy solutions, and achieve utmost customer satisfaction”, he added.
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“We are incredibly proud to be partnering with our long-time customer, Sterling and Wilson, and India’s largest power public sector utility, NTPC,” said Nextracker founder and CEO, Dan Shugar. “The Khavda project is a phenomenal venture to be a part of where we can support Make in India with more than 90 percent of our system components by weight, manufactured in the country and it supports India’s target to reach 500 GW of renewable energy by 2030.”