Greenam Energy, an AM International group company with a focus on introducing new-age green and sustainable technologies, conducted the foundation laying ceremony for the construction of its 24MW floating solar power plant at the Tuticorin factory complex of feriliser maker SPIC (Southern Petrochemicals Industries Corporation).
This floating solar power plant would be located on SPIC’s large water reservoir inside the Tuticorin plant. “As no land is required for construction, floating solar plants are gaining popularity across India. Also, the water beneath keeps the panels cool and boosts efficiency, thus providing mechanical leverage,” Greenam said.
Greenam Energy is a wholly owned subsidiary of AM International Holdings, Singapore. Ashwin Muthiah, founder chairman of AM International Group, is also the chairman of SPIC. Read More