World News | September 2011
Thermax enters deal with Amonix for solar generation
Thermax has entered into an agreement with California-based Amonix Inc to bring the new concentrated photovoltaic (CPV) technology for solar power generation to India. Under the partnership, Amonix will provide the solar modules and technology to put up power plants, while Thermax will be the engineering, procurement and construction (EPC) partner to provide turnkey solutions to customers.
Amonix proposes to manufacture the CPV modules at the Flextronics Technologies plant in Chennai and to build a separate facility in India later. The solar systems will be indigenised (50:50) in the beginning and there is a plan to localise up to 60 per cent later. The technology has 38 per cent module efficiency and provides 29 per cent post-inverter power. The pole-mounted panels are fitted with a dual-axis tracking systems and require no water and half the land as conventional solar panels for power production.