Hareon Solar Azure Power Telangana Solar PV Park is an 118MW solar PV power project. It is located in Telangana, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 118 | 118 | – | Active | Telangana, India | Azure Power Global; Hareon Solar Technology |
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Description
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The project is developed and owned by Azure Power Global and Hareon Solar Technology. The company’s ownership stake in the project stands as 55% and 45% respectively.
Hareon Solar Azure Power Telangana Solar PV Park is a ground-mounted solar project which is spread over an area of 500 acres.
The project cost is $93.699m.
Development Status
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By GlobalDataThe project got commissioned in January 2018.
Power Purchase Agreement
The power generated from the project is sold to NTPC under a power purchase agreement. The power is sold at the rate of $0.07kWh for a period of 25 years.
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Contractors Involved
Hareon Solar Technology was selected as the supplier of PV modules for the project.
About Azure Power Global
Azure Power Global Ltd (Azure) is a renewable energy company that offers solar products. The company designs, installs, produces, finances, owns and operates solar power plants. Its services include engineering, operational performance monitoring, and others. Azure provides off grid solar installations for villages, hamlets and remote areas; solar installations for commercial and residential complexes on roof tops; and operation and maintenance of solar installations. The company produces solar power and offers clean solar energy to its customers in utilities, commercial and rural areas. It operates projects in Punjab, Gujarat and Rajasthan. Azure is headquartered in New Delhi, India.
About Hareon Solar Technology
Hareon Solar Technology Co Ltd (Hareon Solar) is a renewable energy company that manufactures and markets solar energy products. The company offers silicon cells and solar modules. Its products portfolio includes mono crystalline silicon solar cells, poly crystalline silicon solar cells, poly crystalline silicon modules, mono crystalline silicon modules, AC solar modules and double glass solar modules. Hareon Solar constructs, develops and operates photovoltaic power plants. The company also invests in power plant projects. It operates large ground power station and distributed power station projects. The company has operations in Germany, Hong Kong, the US, China, Japan, Australia, South Africa and India. Hareon Solar is headquartered in Jiangyin, China.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
