Indian renewable energy producer Juniper Green Energy has signed a deal with First Solar to receive 1 GW of thin film PV modules over the next two years.
The agreement is one of the largest for domestically produced modules within India, as the modules will be reliably sourced from First Solar’s manufacturing plant in Chennai.
Regarding securing a domestic supply, Naresh Mansukhani, CEO of Juniper Green Energy, explained that acquiring the modules from First Solar aligns with the company’s domestic content strategy.
Meanwhile, Georges Antoun, Chief Commercial Officer of First Solar, said that Juniper Green Energy’s selection of an American manufacturer will strengthen India’s supply chain by improving the country’s reliable and stable access to high-quality modules.
The future
Juniper Green Energy plans to deploy the modules across its projects in the states of Gujarat, Rajasthan, and Maharashtra in the next fiscal year.
By acquiring modules from American manufacturer First Solar, Juniper Green Energy will reduce its reliance on China’s controversial supply chains and supply of crystalline silicon.
Furthermore, the modules will be tailor-made for India’s ground-mounted solar market. According to the companies, benefits will include ALMM enlistment, DCR eligibility, and BIS compliance and help lower India’s levelized cost of electricity (LCOE) for projects.
