Suntech was chosen once again by the Adani group in India to supply to its upcoming solar project in the southern state of Tamil Nadu in India. Suntech and Adains had entered into an agreement to supply solar panels to its solar project in Gujarat in July 2015. Approximately a total of 36,470 modules worth 9.3 MW were supplied to the project expected to generate 13,000 MWh of electricity per year enough to power more than 30,000 homes. Suntech was acquired by Shunfeng International Clean Energy Ltd. in April 2014 that increased the company’s production capacity by 2.5 GW. Shunfeng is a manufacturer and seller of monocrystalline and multicrystalline solar wafers, cells and panels based in China. Suntech was ranked a Tier 1 PV module supplier in 2015.
Adani Power has become an important solar player in the Indian solar industry. It has recently tied up with SunEdison (though it was not a success) and Softbank of Japan to set up solar power plants in India. Adani has again signed a supply deal with Suntech for the supply of 200 MW of panels for a Tamil Nadu based project, expected to be operational in 2016. It is expected to be the biggest, individual solar project across the globe. Looks like Suntech will be the leading international supplier to Adanis, who have become a crucial name in the Indian Solar industry today.
“After recently completing a 9.3 MW project with Adani Power in Gujarat, India, we’re excited to be continuing our partnership with Adani Power, who has proven to be an important and strong partner to have in developing the solar industry in the region and in India,” said Haibo Xiong, president of Suntech. “We first hosted Adani Power at Suntech’s manufacturing facility and testing lab in Wuxi this past April. They were impressed with the quality of Suntech’s technology and panels, along with Suntech’s esteemed value in R&D, which is aimed at upgrading its solar technology in order to ensure continual high performance yields and power outputs. We expect that this 200 MW project is the breaking point for Suntech’s presence in India as we continue to collaborate with Adani Power.”
Source: PR Newswire