Today Fortum won the right from Karnataka Renewable Energy Development Ltd. to build a 250 megawatt (MW) solar power plant in Pavagada solar park in Tumkur district, Karnataka, India. Commissioning of the plant is expected in the third quarter of 2019. The capital expenditure is estimated to be approximately EUR 120 million and the solar park will be entitled to a fixed tariff of 2.85 INR/kWh for 25 years. Fortum already has a 100 MW operating plant in Pavagada solar park.

Read more: Fortum won the right to build 250 MW solar power...

Ranked as Tier-1 Solar PV Module Manufacturer by Bloomberg New Energy Finance

SWELECT Energy Systems Limited (PV Module Brand – HHV Solar) has been recognized as “Tier-1 Solar PV Module Manufacturer” by Bloomberg New Energy Finance (BNEF), the highly recognized global industry standard in classifying solar Photo Voltaic module manufacturers. This landmark achievement marks yet another milestone in SWELECT’s journey of solar manufacturing excellence, adding to their 30 years’ of experience in Energy and Power Conditioning Systems and 6 years’ in Solar PV Systems.

Read more: SWELECT Solar PV Modules join the Global List of...

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