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Thermax joins hands with Amonix Inc for CPV
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Thursday, 28 Jul 2011
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Engineering solutions provider Thermax Limited announced its partnership with Amonix Inc to offer concentrated photovoltaic systems for solar power generation in India.

This development comes in the wake of The National Solar Mission, an initiative of the government of India and the state governments to promote ecologically sustainable growth while addressing India’s energy security challenge and to meet the challenges of climate change.

Concentrated photovoltaic technology is set to pave the way to meet goals of the Indian government’s solar mission that promotes sustainable growth while addressing India’s energy security.

It is an integral part of the initiative to respond to the global challenge of climate change. The first phase of the Mission aims to commission 1000MW of grid-connected solar power projects by 2013 for which established and new players are expected to participate in a bidding process coming September.

Thermax Limited and Amonix, Inc announced in an agreement that they will bring concentrated photovoltaic technology for clean power generation to India and as part of this partnership, Amonix will offer high performance solar power generation systems and Thermax will be the engineering, procurement and construction partner to provide turnkey solutions to customers in the country who bid and win.

As this technology requires no water for power production and uses land more efficiently, compared to conventional solar technologies, CPV systems delivers more energy output from a given area at low energy production costs.

MS Unnikrishnan MD and CEO of Thermax said that “Concentrated PV will be a game changer in solar power generation technologies because of the substantial high efficiency it offers. India, with its above average solar incidence, is an ideal location for CPV technology and we expect our national solar mission to act as a catalyst for its growth. We are happy to partner with Amonix, a global leader of this technology.”

(Sourced from BS)

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