
MoU16 Mar 2025, 04:09 am
Solarium Green Energy Ltd Signs MoU with Citizen Solar & Navitas Solar for 78.40 MW Solar Panels Supply
AI Summary
Solarium Green Energy Ltd has entered into two Memorandum of Understanding (MOUs) with Citizen Solar Private Limited and Navitas Solar Private Limited. As per the terms of the MOUs, Citizen Solar Private Limited will supply a total of 53.70 Megawatts of solar panels during the period from March 2025 to September 2025. Navitas Solar Private Limited will supply an additional 24.70 Megawatts of solar PV modules by the end of December 2025. This partnership will ensure the timely availability of solar panels for ongoing orders and meet the anticipated demand arising from tenders and new orders from the residential segment.
Key Highlights
- Solarium Green Energy Ltd has signed an MOU with Citizen Solar Private Limited for 53.70 MW of solar panels supply
- Solarium Green Energy Ltd has also signed an MOU with Navitas Solar Private Limited for 24.70 MW of solar PV modules supply
- The total supply of solar panels from both MOUs is 78.40 MW
- The supply from Citizen Solar will be from March 2025 to September 2025
- Navitas Solar will supply the solar PV modules by the end of December 2025