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Floating solar projects to save precious land
Mumbai-based solar panel manufacturer Waaree Energies on Thursday announced a strategic partnership with 4CSolar, making its entry into the floating solar PV (photovoltaic) market.
New Delhi: Mumbai-based solar panel manufacturer Waaree Energies on Thursday announced a strategic partnership with 4CSolar, making its entry into the floating solar PV (photovoltaic) market.
“Waaree Energies announces a strategic partnership with 4CSolar, a proven technology solutions provider based in California specialising in floating solar arrays,” the company said in a statement.
‘Floating solar’ is a solution where solar modules are mounted on floating pontoons which are either tethered to the shore or anchored to the bottom of water bodies.
Such installations can minimise the use of precious agricultural land for solar power generation and also curb evaporation losses from water reservoirs by as much as 70 per cent.
This strategic tie-up will enable Waaree Energies and 4CSolar to provide scalable solutions for lakes, reservoirs, canals and off-shore solar projects in India.
4CSolar has developed patent-protected technologies to enable highly-reliable, low-cost and eco-friendly installations of floating solar power plants on lakes, dams and near-shore seawater.
This product is now available for demonstration and sale through SunMount Engineering Private Limited, a wholly-owned subsidiary of Waaree Energies.
“Through this association, we aim to develop a cost-effective and low-maintenance solution that can help address India’s energy and water challenges, and also enable our domestic suppliers to upgrade their technology,” said Hitesh Doshi, Chairman and Managing Director of Waaree Energies.
