Solar solutions provider Statkraft BLP Solar Solutions (SBSS) has successfully commissioned a 5 MW solar project in Tamil Nadu’s Gummidipoondi town.
The project was developed at the manufacturing facility of SRF, a manufacturer of industrial and specialty intermediates, to meet its energy requirements.
According to the company, the project is one of the largest in-campus solar power projects in the state of Tamil Nadu. The project is estimated to generate 7,500 MWh clean energy annually, Statkraft said in a media release announcing the inauguration.
According to Mercom’s India Solar Project Tracker, the state of Tamil Nadu is one of the top solar states in India with over 1.7 GW of installed solar capacity. The state also has a strong pipeline of ~2.4 GW pf projects under development.
Commenting on the development, the CEO of Statkraft BLP, Tejpreet Chopra said, “This will further enhance our position as a unique service provider in the solar sector and is another step to contribute to reach India’s renewable energy targets by 2022”.
Statkraft BLP Solar Solutions has previously commissioned several rooftop and ground-mounted projects, including a 5 MW open access solar plant in Karnataka’s Tumkur district.
Statkraft BLP Solar Solutions Private Limited (SBSS) is a joint venture between Norwegian state-owned hydropower and renewable energy company Statkraft and Bharat Light & Power. SBSS was formed to develop solar projects in India with a focus towards serving industrial and commercial customers
According to Statkraft, the company is Europe’s largest generator of renewable energy and has presence in as many as 16 countries.
Policy uncertainties currently surrounding the safeguard and anti-dumping duty in the Indian solar sector is testing the will of foreign companies to invest in India. Mercom is forecasting solar installations to decline this year compared to 2017.