Greenam Energy set up power plant

CONTEXT:

  • Greenam Energy has set up its first floating solar power plant at Tuticorin.
  • AM International Group Founder-Chairman Ashwin Muthiah laid the foundation stone for the power plant, which would lead to significant energy savings.
  • The 24 MW floating solar power plant would be one of its kind and the first floating renewable energy initiative to optimise energy production in industrial plants.

BACKGROUND:

  • The project is a one-of-its-kind and one of India’s first floating renewable energy initiatives to optimise energy production in industrial plants.
  • As no land is required for construction, floating solar plants are gaining popularity across India.
  • Also, the water beneath keeps the panels cool and boosts efficiency, thus providing mechanical leverage.
  • The tropical climate of Southern India and availability of water bodies provide ideal opportunities for the construction of floating solar power plants.
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