Thermax Limited signed an exclusive contract with Amonix Inc. to bring the latter’s concentrated photovoltaic power plants to India. Amonix will supply the equipment and parts while Thermax will handle the engineering, procurement and construction of the solar power plants to Indian customers.
Amonix’s solar CPV uses mirrors and lenses to concentrate sunlight hundreds of times onto a small solar cell to increase its power output. It offers 31 percent module efficiency and 29 percent system efficiency, significantly higher than competing solar technologies such as crystalline silicon and thin-film, according to Amonix.
“Concentrated PV will be a game changer in solar power generation technologies because of the substantially high efficiency it offers. India, with its above average solar incidence, is an ideal location for CPV technology and we expect our national solar mission to act as a catalyst for its growth,” said M.S. Unnikrishnan, chief executive of Thermax.
CPV power plants could aid the country in meeting the Indian Government’s Solar Mission, which currently aims to commission 1,000 megawatts of grid-connected solar power projects by 2013. GTM Research stated in a report published in May that new CPV installations will jump from under 5 MW in 2010 to more than 1,000 MW globally by 2015.