Greenko Energy Holdings Orders 616 Megawatts Solar Inverters From SMA

Greenko Energy Holdings, which now controls solar power assets of SunEdison India, has given a large order of solar inverters.

SMA, one of India’s major solar inverters providers, has landed an order to supply 616 MW of inverters for Greenko’s solar power projects in the states of Karnataka and Andhra Pradesh. SMA shall supply Greenko with its ‘high-performance, cost-efficient’ Sunny Central 1000CP XT inverters.

The solar inverters are likely to be used at, perhaps, the largest solar power project being developed by a single company in India. SunEdison India had secured the rights to develop a 500 MW solar power project in Andhra Pradesh.

SunEdison had secured the project at a record-breaking tariff of ₹4.63 per kWh (US¢7.12/kWh) beating several leading project developers, including Trina Solar, SkyPower, ACME Solar, Aditya Birla, Azure Power, Welspun Energy, ReNew Power, and Suzlon Energy.

Greenko Energy Holdings seems to be progressing well with the project. Recently, the Solar Energy Corporation of India (SECI) received payment of $30 million as fees for the development of a 500 MW project. The project was secured by SunEdison India through competitive auction.

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