Ecoppia posts regional growth, wins big solar PV projects
HERZELIYA (Israel), December 16, 2020
Ecoppia, a pioneer and world leader in robotic solutions for photovoltaic solar, said it has secured new projects for more than 10GW in the last four quarters, maintaining a compound annual growth rate (CAGR) of more than 280 per cent in the last six years despite the ongoing global pandemic.
The company has signed yet another significant project of 450MW with Azure Power, the renowned solar energy player. The project is now reaching advanced stages, scheduled to go live on the beginning of Q1 2021.
Azure Power is a leading independent solar power producer with a pan-India portfolio of 7.1 gigawatts on June 30, 2020 of which 1.8 GWs is operational.
It had developed India's first private utility scale solar project in 2009 and has been at the forefront in the sector as a developer and operator of solar projects since its inception in 2008.
Azure Power is part of a long list of leading Energy players, realizing the need of an automated operations and management (O&M). While tariffs become lower, the solar industry understand just how crucial efficient O&M can be to remain profitable.
Without any physical presence, Ecoppia enabled its clients across the globe to keep an optimal production while avoiding soiling losses and potential damage, delivering operation continuity even during complete lockdown. Covid-19 made it even clearer that full automation and advanced technologies are crucial in maintaining an optimal solar production, it stated.
Over the last 7 years, Ecoppia has been one of the vital pillars of the solar revolution, leading the shift in the way large-scale solar sites are managed and operated, as a key for reducing LCOE.
This significant deployment is yet another vote of confidence in Ecoppia by Azure Power, as Ecoppia deepens its compelling market share in India while expanding its global reach with projects in North and Latin America as well as the Middle East, said a top official.
"We are thrilled to be working with such a company that sets high targets both in terms of volume and quality," remarked Jean Scemama, CEO of Ecoppia.
With a growing project pipeline, Azure Power needed a robust solution that can cope with the mass while maintaining an optimal performance, creating a clean-green energy production, stated Scemama.
"We see this long-term partnership as one of the growing signs that the solar industry is revolutionizing towards automated O&M. Ecoppia takes great pride in being at the forefront of this revolution, supporting the green recovery of the post Covid-19 era," he added.-TradeArabia News Service