Amplus Energy Solutions has signed an MoU with Uttar Pradesh government for eyeing an investment of Rs 2,200 crore over the next 5 years to set up solar power with a capacity of 500 MW in the state.
The MoU was signed in ‘UP Investors’ Summit’ with a push from the state government under the new solar energy policy 2017 for attaining solar energy capacity of 10,700 MW in the next five years.
With the push from the Yogi Adityanath’s govt, the new UP solar energy policy 2017 allows investors the facility of ‘open access’ and thus sell power to individuals or institutional consumers within or outside the state.
Amplus already has several marquee projects in UP with India’s largest rooftop captive solar plant of 6.2 MW on Yamaha factory located in Noida, which is also the largest net metered project at one location in India.
India’s first BESS (Battery Energy Storage System) with extensive logic in the EMS (Energy Management System) controlling all the sources has been installed and running successfully at Siwaya Toll Plaza, Meerut, UP with a solar hybrid system with 96 kwh battery and 83 kw. This is the first plant of its kind in India and certainly the first Lithium-ion based energy storage system for complete load of a commercial establishment in India.
Speaking about the partnership, Sanjeev Aggarwal, Managing Director and CEO, Amplus Energy, said “Uttar Pradesh is looking to be at the forefront of adopting solar power at a rapid pace. With the new solar energy policy 2017, we are looking at rapid expansion of solar power capacity in the state. We are excited to be associated with the state government in their journey and are committed to install solar capacity of 500 MW in the state in the next 5 years.”
Amplushas solarised three out of the 13 sites of Walmart outlets- 1 in Agra and 2 in Meerut, UP.Amplushas also set up a rooftop solar plant of 2.5 MW at IEML’s Greater Noida facility which is the first solar plant for an Expo Mart in India.