REC Group (REC), a solar photovoltaic (PV) panel’s manufacturer, will supply 45 MW of solar panels for the development of rooftop solar projects in India.
According to the company, it has secured major orders in the rooftop solar RESCO segment in the month of June and July 2018.
The orders are for the three-leading solar engineering procurement and construction (EPC) companies in India. Per Mercom’s source at REC Group, the firm will be supplying 16 MW of panels to Cleanmax Solar, 22 MW to Fourth Partner Energy, and 7 MW to Sunsource.
Out of the total, close to 40 MW of modules supplied are REC’s TwinPeak technology-based modules.
“These orders make it amply evident that REC panels are a clear favorite for the commercial and industrial segment in rooftops where reliability and track-record on the ground are fast becoming the catch phrases ensuring real levelized cost of electricity (LCOE) advantage for the end-consumer,” stated the firm in a release.
According to the recently released India’s Solar Market Leaders report, the top 10 rooftop solar developers in India accounted for 27 percent of rooftop solar PV installations. Tata Power was the top installer in 2017 followed by CleanMax and Fourth Partner Energy.
