HomeBusiness ›WattPower Enters Partnership with Renew Power to Provide 1.2 GW of String Inverters by December 2023

WattPower Enters Partnership with Renew Power to Provide 1.2 GW of String Inverters by December 2023

With a contract value of around INR 200 crores, this collaboration marks a significant milestone in progressing India's transition to clean energy.

June 22, 2023. By Nivedita Ojha

WattPower has declared an agreement with ReNew Power, with a contract value of around INR 200 crores, this collaboration marks a significant milestone in progressing India's transition to clean energy.

The agreement involves the supply of 1.2 Giga Watts (GW) of string inverters, making it one of the largest deals in the solar inverter industry.

On this occasion, Sivaprasad Manikkapurath, Executive Vice President of ReNew Power, stated, "This is a part of our total target of 5 GW of solar project by 2024. As an organisation, our focus will always revolve around maintaining the best quality and ensuring the timely completion of projects. Definitely, a contract like this will help us achieve our goals better."

WattPower's string inverters are renowned for their efficiency, reliability and advanced features, enabling seamless conversion of solar energy into usable electricity.

This deal with ReNew Power will empower the deployment of state-of-the-art renewable energy projects across India, contributing to the country's ambitious clean energy targets.

By leveraging WattPower's cutting-edge string inverter technology, ReNew Power aims to enhance the performance and output of its renewable energy installations.

Additionally, the advanced monitoring and control capabilities of WattPower's inverters will enable real-time performance tracking, fault detection and preventive maintenance, leading to improved operational efficiency and reduced downtime.

Speaking on the partnership, Divya Prakash Choraria, Managing Director of WattPower, stated, "We are thrilled to collaborate with ReNew Power, a trailblazer in the renewable energy sector. Our advanced string inverters will play a vital role in harnessing India's abundant solar resources effectively.This deal reaffirms our commitment to accelerating the adoption of clean energy and enabling a sustainable future."

This landmark deal between WattPower and ReNew Power will not only boost the country's renewable energy capacity but also contribute significantly to job creation and local economic growth.

The deployment of the 1.2 GW string inverters will create numerous opportunities for skilled professionals in the renewable energy sector.

WattPower and ReNew Power reiterate their shared vision of driving sustainable development, and delivering reliable and clean energy solutions that contribute to India's green energy revolution.

By harnessing the power of solar energy, the two companies aim to reduce carbon emissions, combat climate change, and create a greener future for generations to come.

WattPower is a provider of innovative energy solutions, specializing in advanced string inverters for solar power systems.

ReNew Power is a renewable energy company, dedicated to powering a sustainable future. With a diversified portfolio of wind, solar and hydroelectric power projects, ReNew Power is at the forefront of India's clean energy revolution, contributing significantly to the country's renewable energy capacity.
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