Indian independent power producer (IPP) ReNew Power restricted proclaimed last week that it’s won the tender for developing a 3-MW floating solar photovoltaic (PV) project at the Meghadrigedda reservoir in Visakhapatnam, Andhra Pradesh.
According to the corporate, the project are going to be among the biggest floating solar ones in India, estimated to come up with around 4.2 million kWh of power and compensative over 3,960 tonnes of dioxide (CO2) emissions on annual basis.
Prabhat Kumar Mishra, Head – Distributed solar and Offtake at ReNew Power, commented that utilising simply 10%-15% of India’s water resources for floating solar installations could lead on to generating up to three hundred GW of power.
ReNew Power won the project during a bidding method command by Greater Visakhapatnam Municipal Corporation (GVMC). The latter can finance the floating solar park via associate degree Asian Development Bank (ADB) grant, below their Urban climate change Resilience fund.