Cleanmax Solar Sees Future In Wind-Solar Hybrid Space

In Renewable Energy, Clean News, News, Solar, Sustainability, Wind
Cleanmax Solar

Leading rooftop solar developer Cleanmax Solar, backed by marquee investors has moved into the wind-solar hybrid projects space. The company has commissioned 110 MW of projects and has another 62 MW of such projects in the pipeline.

Cleanmax Solar
Cleanmax Solar was prompted by new policies of the Gujarat and Andhra Pradesh state governments as there are supportive insurance policies for wind-solar hybrid projects plus Gujarat is giving a 50% cross subsidy surcharge waiver and other advantages for wind-solar hybrid projects.

At the moment, it is a niche opportunity which only a few developers like Cleanmax Solar can take advantage of, however as more states developed similar policies and there was a clear regulatory framework, there would likely be more interest from other developers.

The power ministry issued a notification recently that said net metering would be restricted to only projects that are smaller than 10KW in size.

Bigger projects would have to adhere to gross metering, which is appreciably more expensive for the client. It has led to chaos among rooftop developers because most rooftop installations are in the Commercial and Industrial segment where projects are typically larger than 10KW.

This simply means that the central government is saying we want distribution companies to guarantee net metering for small residential projects. For larger projects, it is left to each state to determine what it wants to do, based on its own power situation thus putting the ball in states court 🙂

This is a Syndicate News Feed; edited by Clean-Future Team

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