30 Oct '14, 9pm

SunEdison Wins Big in Two Indian States

SunEdison Wins Big in Two Indian States

"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," said Pashupathy Gopalan, president Asia Pacific Operations, in the company announcement, adding that “the PPA's are likely to be signed in the next two to three months.” The deals show that India is serious, one India solar analyst says. “The 5-GW MOU is obviously the largest announcement in India since it started its solar program in 2010, with the caveat that we want to see how the MOU plays out,” says Raj Prabhu , CEO of Mercom Capital Group, a clean energy communications and research firm based in Austin. “This also reflects what is going on since June when elections were held; the new administration is very active in supporting solar, and each successive announcement ramps up their solar goals,” Prabhu...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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