RenewSys, the first integrated manufacturer of PV modules, is excited to announce the signing of a 100 MW solar module supply agreement with Engie India. The agreement was formalized at the REI Expo held in Greater Noida, India, in October 2023.

 

This contract is for Engie India’s GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL).

 

RenewSys is honoured to contribute to this project, reinforcing our commitment to a sustainable future and our role as a key player in India's solar sector.

 

Mr Naresh Baluja, Chief Commercial Officer of Engie India, says, “We are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose,we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.”

 

Mr Avinash Hiranandani, Vice Chairmans Managing Director of RenewSys India Pvt. Ltd. says, “We are delighted about the association with Engie.

 

“This collaboration underscores RenewSys's commitment to advancing the solar PV and reflects the growing awareness of the importance of sustainable energy solutions."

 

“As a responsible solar module manufacturer, RenewSys takes pride in playing a pivotal role in meeting the rising demand for clean and efficient energy sources."

 

“We are set to commence the supply of our monocrystalline Bifacial Glass-Backsheet modules for this project soon and complete its execution by Q1/Q2 2024.”