Thermax, Amonix tie up to bring in new solar tech

Thermax Ltd and Amonix Inc, US, on Monday announced an agreement that will bring proven, concentrated photovoltaic (CPV) technology for clean power generation to India. 

The exclusive partnership will see Amonix offer high-performance solar power generation systems and Thermax will be the engineering, procurement and construction (EPC) partner to provide turnkey solutions to customers in India. 

As the Amonix CPV technology requires no water for power production and uses land more efficiently, compared to conventional solar technology, CPV systems deliver more energy output from a given area at low production costs. 

Speaking to media persons, managing director and chief executive officer of Thermax, MS Unnikrishnan said, “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.’’ 

CPV technology will pave the way to meet the goals of the Indian government’s solar mission that promotes sustainable growth while addressing India’s energy security.

The first phase of the mission aims to commission 1,000 MW of grid-connected solar power projects by 2013.