To build floating solar photovoltaic plants in India, Ciel et Terre from France has signed a memorandum of agreement with Kolkata-based Klystron Electronics by
using the Ciel et Terre's hydrelio technology. As part of the agreement, the two companies would undertake solar power projects in the eastern part of the country.
The deal was facilitated by the European Business and Technology Centre (EBTC). Ciel et Terre and Klystron Electronics will be jointly evaluating and tapping the immense opportunities to co-develop floating solar PV projects, according to EBTC.
EBTC said in a statement that floating solar PV is a unique solution to address the combined issue of energy, water conservation and land availability. The Hydrelio system patented by Ciel & Terre is a reliable and eco-friendly way to save valuable land and convert a water area into a profitable large scale solar power plant (from 1 to 50 mw).
Critical success factors for such a project include building a local supply chain, attaining an appropriate power purchase agreement (PPA), power plant investors and operators. All of which are possible given the abundance of resources and potential in the region.
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