The solar systems leader was selected for its Indian track record and proven bifacial design that maximizes energy gains in utility-scale solar power plants.
NEW DELHI and HYDERABAD, India , Dec. 20, 2022 /PRNewswire/ — Nextracker, a leading global provider of smart solar tracker and software solutions, today announced that it has signed a master supply agreement (MSA) with Amara Raja Power Systems Limited. Introducing award-winning solar trackers for NTPC Limited’s Nokh Solar Project – soon to be one of India’s largest solar parks. Amara Raja operates this 306 megawatt peak (MWp) project as a ground-mounted utility-scale power plant spread over 1,850 hectares (equivalent to approximately 3,500 contiguous football fields) in the state of Rajasthan.
Nextracker’s award-winning NX Horizon smart solar tracker.
The announcement follows an upward trend in solar tracker deployment with bifacial module technology in India due to falling module prices and increased tracker design efficiency. Nextracker’s optimized bifacial tracker design has been proven to increase energy efficiency, as confirmed by third-party test labs in this seminal bifacial and solar tracker white paper.
“In line with the government’s vision to bring more renewables into the energy mix, we are delighted to partner with Nextracker, a global leader in solar tracker technology, on the landmark Nokh solar project,” said Amara, Business Chief Projects Division, Dwarakanadha Reddy Raja Energy Systems. “We are proud to bring this cutting-edge technology to NTPC and Nextracker is the right local partner to help us achieve a low cost of energy (LCOE) over the life of the plant thanks to its dual-optimized design.”
“We are grateful for the opportunity to partner with Amara Raja and NTPC Limited, India’s largest power public sector utility,” said Dan Shugar, founder and CEO of Nextracker. With one gigawatt of our high-performance solar tracking systems operating across 24 projects in India and employing close to 200 local employees to support design and engineering, local content and manufacturing, sales and after-sales services, Nextracker is committed to providing our customers with high-performance systems and making India the country’s energy provider. to support the goal of ensuring that 50 percent of its demand comes from renewable sources.”
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NTPC has increased its renewable energy investments in recent years and aims to achieve more than 60 GW of renewable energy capacity by 2032, accounting for 50% of its total generation capacity. The project is expected to be operational by October 2023, with the first deliveries arriving in the first quarter of 2023. Rajasthan has the highest installed renewable energy capacity (19.5 GW) among Indian states and recently achieved a target of 14 GW by 2022 in December 2021. .
About Nextracker
Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar projects worldwide. Our products enable solar panels in utility-scale power plants to track the sun’s movement across the sky and optimize plant performance. With more than 70 gigawatts of power worldwide, Nextracker leads the solar industry with solar tracker technologies that optimize and increase energy production and reduce costs for significant ROI. Please visit Nextracker for more information. Connect with us: Twitter, LinkedIn, Instagram, Facebook, YouTube.
About Amara Raja Group
Amara Raja is one of India’s leading business conglomerates with interests spanning verticals from manufacturing of lead acid batteries (AMARON brand), power conversion products, sheet metal products, precision components, plastic molding, electronic manufacturing services, infrastructure development, food processing to industrial services. . Amara Raja Group of Companies with its flagship company Amara Raja Batteries Ltd is one of the largest manufacturers of automotive and industrial batteries in India. Amara Raja Group employs a workforce of over 16,000.
Nextracker logo (c) 2021 (PRNewsfoto/NEXTracker)
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SOURCE Nextracker