Ecoppia has reached an agreement for deploying its E4 robotic system in a 325 MW site in REWA solar park in the state of Madhya Pradesh, India.
The site is developed by Sprng Energy, a renewable energy platform backed by emerging markets-focused private equity Actis Capital and is expected final COD by Q1 2019. Sprng Energy had won the project at a record low-tariff of INR 2.97, which was the lowest tariff at the time of bidding.
With the deployment of the Ecoppia robotic system, Sprng Energy is expected to save over 1 billion of liters of water and reduce its operating expenses drastically.
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Read moreThe project has been commissioned. It was completed in line with the power purchase agreement (PPA) time schedule