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first_imgHareon Solar signs 72 MW PV project deal in IndiaThe Chinese solar company embarks on first solar project in India, entering into agreement with ReNew Power to develop a 72 MW solar farm in Andhra Pradesh. July 6, 2015 Ian Clover Installations Markets Markets & Policy Share China’s Hareon Solar has announced that it is to enter the growing Indian solar market for the first time after entering into an agreement with Indian renewable energy company ReNew Power to develop a 72 MW solar plant in the Indian state of Andhra Pradesh. The PV manufacturer will supply more than 230,000 of its modules to the project, which is to be located in the Kurnool district of the state. Construction is penciled to begin in August, and completion is scheduled for December this year. Andhra Pradesh’s Southern Power Distribution Co. has agreed a 25-year power purchase agreement with the plant, which will add to ReNew Power’s 1 GW+ solar energy portfolio. “We are pleased to partner with Hareon Solar in executing this project in Andhra Pradesh,” said ReNew Power CEO and chairman Sumant Sinha. “By pairing Hareon’s high efficiency solar modules production with ReNew Power’s extensive experience in executing projects in India, we aim to significantly contribute to meeting India’s rapidly expanding energy requirements in a sustainable manner.” Hareon Solar CEO and Chairman Samuel Yang added that the project is “an important part of Hareon Solar’s strategic investments” in India. “We expect the India solar market to grow rapidly in the coming years, and we are committed to supporting India in its transition to clean renewable energy.” In May Hareon Solar signed an investment framework agreement with China’s United PV group for the construction of around 930 MW of solar power stations in China. That deal, worth an estimated $1.42 billion, followed shortly after a period of financial difficulty for the company, which faced the very real prospect of delisting earlier in the year following an investigation by China’s Securities Regulatory Commission into illegal information disclosure. The United PV deal, as well as this partnership in India, should serve to steady the ship for Hareon Solar, leading to more favorable financials later this year.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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