Related Keywords: attractive option for investors, has invited three solar power developers, hunt for investors to fund small solar farms, Indian Texpreneurs Federation, on factory rooftops, safer development models in renewable energy, take care of power needs, Tamil Nadu spinning mills, textile belt of Coimbatore and Tirupur
Spinning mills in the textile belt of Coimbatore and Tirupur have begun hunting for investors to fund small solar farms on the rooftops of their factories as power can be consumed directly, with minimal wheeling or transmission charges for the energy as opposed to drawing power from distant solar farms or state -provided grid power. It is safer development models in renewable energy.
Investor interest in funding small, rooftop units in the south have picked up due to attractive returns from a round-the-year textile industry.