Floating solar power plant to come up in Vizag

Floating solar power plant to come up in Vizag

Private renewable energy producer ReNew Power said on Monday that it has won an order for developing a 3 MW floating solar photovoltaic (PV) project in Visakhapatnam in Andhra Pradesh. The project will be among India’s largest floating solar PV projects, ReNew Power said in a statement here.

“ReNew won this project after participating in a bidding process conducted by the Greater Visakhapatnam Municipal Corporation (GVMC) for installation of a floating solar PV project at Meghadrigedda reservoir located in Visakhapatnam,” it said.

The project is being financed by GVMC through a grant received from Asian Development Bank under their Urban Climate Change Resilience Trust Fund.

“In total, this project is estimated to generate around 4.2 million units of power annually, offsetting over 3,960 tonnes of carbon emissions every year,” it added. Read More

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