Web Exclusive | June 2013
Canadian Solar, Bonfiglioli win order for solar plant in TN
Hit hard by power cuts, a group of five textile companies in Tirupur area of Tiruchirapalli district in Tamil Nadu have joined hands to set up solar power plant for their needs. Solar module manufacturer Canadian Solar and the Italian inverter maker Bonfiglioli have picked up their orders for a 20 mw solar project. Mumbai-based Chemtrols is building the plant for the project. Chemtrols is mainly into instrumentation for oil and gas, but also has a solar division.
Chemtrols said that the investors in the solar project specifically wanted Canadian Solar modules. Canadian Solar modules are available for a little over 60 US dollar cents a watt. The Bonfiglioli inverter prices at around 12 US dollar cents a watt. Indian module manufacturers buy cells from different sources abroad. The Rs 7.5-crore project would be paid back in four years with incomes from ‘renewable energy certificates’, or in six years, if the income was not counted.
Chemtrols used 4,232 Canadian Solar modules of 240 watt each. It also used string inverters of SMA make.
Converting close to 15 per cent of the energy contained in the sunlight falling on it into electricity, the 1 mw plant would generate 1.65 million units of electricity a year.