IBC SOLAR Connects 3 MW Solar Power to the Grid in India Under Open Access(08:06 Hrs. IST)
MADURAI, India, March 14, 2018 /PRNewswire/ --
The 3 MWp solar park built for a tea company is IBC SOLAR's seventh project in India and its first one in Tamil Nadu
IBC SOLAR, a global leader in photovoltaic (PV) systems and energy storage, has widened its business in India. Yesterday, the inauguration ceremony took place at the plant site in Tamil Nadu.
The project is part of India's Open Access Policy. With the Electricity Act (2003), the government confirms open access to the transmission lines as an encouragement to private investors to enter the electricity generation sector. Under this provision, every person who has constructed a captive generating plant is entitled to open access to the transmission lines for carrying electricity from their plant to the destination of its use. It is similar to a self-consumption plant with some distance between generator and consumption point. The now inaugurated project is IBC SOLAR's first solar park under this provision. LNB Renewable Energy executed the complete project development, approvals and transmission line works whereas IBC SOLAR performed the EPC.
"This is a very interesting project," says Shailendra Bebortha, Managing Director of IBC SOLAR in India, "As it combines a lot of unusual factors." In fact, the project has quite a few of 'first times'. While IBC SOLAR so far concentrated on Rajasthan, Maharashtra and Odisha, this is its first solar park in Tamil Nadu.
The solar park was built near Madurai, for The Peria Karamalai Tea & Produce Co. Ltd. which has reduced its carbon footprint with a solar park thus confirming their commitment to renewable energies. The NSE-listed company belongs to the LN Bangur Group who has worked with IBC SOLAR for several other large-scale projects. Mr Shreeyash Bangur, MD of LN Bangur Group says: "This project is of immense significance as we have replaced our more than 20-year-old wind project with solar. From now on, 100% of our tea will be manufactured with solar energy."
The installation crew had to overcome a prolonged monsoon and Shailendra Bebortha takes particular pride in the fact that the solar project was realized on time. At the same time, the solar park was built with the proverbial IBC SOLAR-quality, with-tier one modules and inverters and meticulous attention to the detail.
About IBC SOLAR
IBC SOLAR is a leading global provider of photovoltaic and energy storage solutions and services. The company offers complete systems and covers the entire product range from planning to the turnkey handover of photovoltaic systems. IBC SOLAR Energy GmbH is the international project business division of IBC SOLAR Group based in Bad Staffelstein, Germany. The family owned and operated group offers complete solutions for power production from solar energy and covers the entire spectrum, from site evaluation and project development to engineering, construction and the turnkey handover of photovoltaic installations followed by operation and maintenance as well as monitoring services.
Globally, IBC SOLAR has already implemented photovoltaic systems with a total capacity of more than 3.3 gigawatts (GWp). The scale ranges from utility-scale solar parks, which feed electricity into the grid, to systems for residential and commercial self-consumption, off-grid systems and large-scale storage.
IBC SOLAR was founded in 1982 in Bad Staffelstein, Germany, by CEO Udo Möhrstedt. IBC SOLAR is globally represented in more than 30 countries around the world and is directed from its central headquarter in Bad Staffelstein.
About LNB Renewable Energy:
LNB Renewable Energy is a venture focused towards LN Bangur Group's green initiatives. The Company develops solar farms and invests in wind energy assets.
LNB Renewable currently has close to 50 MW operational wind power projects and close to 48 MW operational solar projects in Rajasthan & Tamil Nadu with another 50 MW in pipeline across the country. The Group also plans to participate in various National and State solar programs. LNB Renewable plans to commission 100 MW of wind and solar projects over the next 2 years across India.
The Company partners with leading global solution providers in both wind and solar energy for enhancing its capacity requirements. For more information visit: www.lnbgroup.com.
IBC SOLAR Energy