GMR Group and U-Solar Sign MoU to Develop 250 MWp Solar Projects in India
The MoU will enable the companies to collaborate on developing solar photovoltaic power plants across the country, both on rooftops and on the ground, in onsite and offsite modes, to achieve their sustainable energy goals.
February 19, 2024. By News Bureau
The MoU will enable the companies to collaborate on developing solar photovoltaic power plants across the country, both on rooftops and on the ground, in onsite and offsite modes, to achieve their sustainable energy goals.
With GMR’s investment into the infrastructure projects and U-Solar’s strong business origination and development team, the collaboration has enabled both companies in creating a win-win situation whereby energy consumers can benefit from working with leaders in the market.
To initiate the partnership GMR and U-Solar will work towards deployment of 50 MWp project in Maharashtra and 100+ MWp project in Orissa respectively. Additionally U-Solar will work on pure Capex projects for GMR, through the Renewable Energy business unit.
"This partnership is a testament to our vision of making solar energy accessible to our clients. We have worked with some very large energy consumers for their rooftop solar projects, this collaboration will enable us to further their energy transition goals. We are excited to work with GMR Green Energy Limited, to deliver solar energy through open access and group captive mechanisms in multiple states to our clients as their clean energy services partner," said Mr. K.R. Harinarayan, Founder and CEO of U-Solar Clean Energy Solutions.
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