News & Updates
Catch up with the latest news and developments at CleanMax Solar. Track the company’s progress as it brings renewable energy within easy reach for businesses in South Asia.
KERC EXPEDITING SOLAR PROJECTS AS DEMAND SURGES IN KARNATAKA
In lieu of this, the KERC organised hearings, during which The Green Power Market Development Group (GPMDG), proposed a long term policy framework that provides for fixed wheeling charges.
Apart from this, the KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018.
A prime example of the success of the scheme is the works done by CleanMax Solar in the region. CleanMax Solar operates on a unique OPEX/zero investment/pay as you go model, in which solar developers provide 100 percent of the investment in solar power plants, and sell power to large consumers under long-term Power Purchase Agreements.