Indian state awards 500MW of solar projects

The Indian state of Karnataka has awarded solar power projects with a total capacity of 500MW. More than 40 developers put their bids in to the Karnataka Renewable Energy Development […]

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By Priyanka Shrestha

The Indian state of Karnataka has awarded solar power projects with a total capacity of 500MW.

More than 40 developers put their bids in to the Karnataka Renewable Energy Development Limited (KREDL).

US solar manufacturer SunEdison won the contract to construct five solar projects totalling 150MW – the largest share awarded to a single company.

It will own the wind farms and sell the electricity generated via power purchase agreements (PPA), the company said.

Pashupathy Gopalan, SunEdison President – Asia Pacific Operations said: “This is yet another milestone in the journey of SunEdison in India to build a strong pipeline of projects that will be developed and commissioned in the coming years.”

The company recently also signed a memorandum of understanding with the provincial government of Rajasthan to build 5GW of projects in the northern Indian state.