Adani Solar, Smart Power India to jointly promote solar rooftop panels in rural areas

New Delhi: Smart PowerIndia(SPI), the Indian subsidiary ofRockefeller Foundation, andAdani Solarhave signed a non-financial and non-commercial memorandum of understanding (MoU) to encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha.

According to the official press release, the MoU aims to promote the usage of solar rooftop panels and achieve 5 MW of solar deployment through Adani Solar’s channel partners in rural and peri-urban areas of these states.

“The objective of this MoU is to support inclusive economic growth, build resilient communities, develop the ecosystem to scale and replicate sustainable businesses that provide renewable energy for productive use, and expand the economic activity to underserved, rural areas in India,” said Mukesh Khandelwal, director C&I – Smart Power India.

The initial phase would start with around five channel partners in UP followed by deployment in other states.

“As most of the energy produced is consumed on the same premises, the loss associated with this source is very small. To address this, we have a huge network of channel partners who will benefit from SPI’s vast experience and field expertise in furthering the adoption of renewable energy models,” said Cecil Augustine, head – retail, Adani Solar.

Rahul Bhutiani, head – sales and marketing, Adani Solar said that the MSME segment in the rural and peri-urban market will be the driving force of rooftop solar space for the next two to three years.