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Moser Baer to set up India’s largest grid solar farm

November 30, 2007

Moser Baer Photo Voltaic (MBPV), a wholly owned subsidiary of Moser Baer India just a while ago told us that it has signed a memorandum of understanding with the Government of Rajasthan for setting up of a large solar power project in the State with an estimated generation capacity of 1 – 5 MW. The project will be the largest grid-connected solar farm in India and entail an investment of around US $ 25 million (Rs 100 crores) at US $ 4.5 million per MW.

Clean Energy is the order of the day and even Internet Giants like Google have ventured into renewable Energy & Power. Google is already known for giving hefty discounts to its employees who drive Totyota Hybrid cars.

Moser Baer is also evaluating various options for setting up large sized solar farms across the SAARC region with strategic tie ups with some of the leading global solar PV companies and clean energy funds. Moser Baer Photo Voltaic plans to emerge as a leading technology driven PV equipment manufacturer in the world by implementing a capacity of 500 MW by FY10 through a mix of technologies in the crystalline silicon, concentrator and thin film domain. The company’s photovoltaic equipment manufacturing capacities for crystalline silicon, concentrator and thin film technologies are coming up in an SEZ in Greater Noida.

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