News Article
First Solar CdTe Modules to Power Indian Cities
25 MWp of solar modules will be used for MBCEL's projects in India.
Moser Baer Clean Energy Limited (MBCEL) will procure 25 megawatts (MW) DC of First Solar's advanced thin-film CdTe modules for its solar power generation projects. Delivery is expected to take place by June 30, 2011.
Lalit Jain, Chief Operating Officer, International Operations, MBCEL said, "We are very happy to have selected First Solar for meeting part of the requirement for our projects. MBCEL is developing over 300 MWp of solar power projects in Germany, Italy, US, Australia and India and this marks the beginning of a mutually beneficial relationship in the long run."
"We are pleased to collaborate with a leader like MBCEL to contribute to India's development of clean, affordable, sustainable solar electricity, providing our advanced thin film technology and expertise in large-scale solar PV systems," said TK Kallenbach, First Solar Executive VP of Marketing & Product Management. "India's rich solar resource, unique energy needs and commitment to solar energy represent a tremendous opportunity for First Solar as we expand our global reach into emerging solar markets."
MBCEL was established in 2008 with a strategy to undertake development of renewable power projects worldwide. MBCEL is a project developer, owner and operator of solar power projects globally. It is currently India's largest solar power development company with a presence in key international markets. MBCEL has ~ 500 MWp under development across multiple states in India and a project portfolio of over 200 MWp in Europe to be developed by 2012. MBCEL has already commissioned 5 MWp Solar PV project in Tamil Nadu and 13 MWp Solar PV projects in Germany.
Based out of New Delhi, MBPPL is engaged in the development of power assets using conventional and non-conventional sources of energy. The company is currently developing over 4000 MW of coal based thermal power capacity. It has a pipeline of 500 MW each in the solar and hydro segments. Its most advanced thermal power plant is based in Madhya Pradesh and has already achieved financial closure and acquired fuel linkage. It has multiple solar projects in advanced stages of construction in India, while its first solar project outside India was completed in December, 2009 in Nordendorf, Germany.
