Solar energy giant to install 3GW in India

Lightsource Renewable Energy has announced it will install 3GW of solar capacity in India. The firm, in partnership with Indian companies, will develop different solar projects as part of a […]

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By Jacqueline Echevarria

Lightsource Renewable Energy has announced it will install 3GW of solar capacity in India.

The firm, in partnership with Indian companies, will develop different solar projects as part of a £2 billion investment in the next five years.

It claims they will create more than 600 jobs in India and the UK.

Lightsource’s CEO, Nick Boyle said: “The Indian Government has ambitious plans for renewable energy and we’re very pleased that Lightsource will be contributing significantly to that goal.”

India has a target to install 175GW of renewable energy by 2022.

The country is on track to achieving its goal, according to the Energy Economics and Financial Analysis (IEEFA).