3 Canadian Utility companies have formed Sarus Solar, and will being to develop a 500MW solar PV plant that will be located in India, in the state of Maharashtra. More than $1 billion will be invested in the large-scale plant which hopefully be the first of many.
Currently, power purchase agreements are still being negotiated with local utilities. Sarus Solar has also announced its collaboration local the local company, Neelkanth Solar Energy. Arun Agrarwall, head of the company’s operations in India says that their goal of developing 100 GW of solar photovoltaics by 2022 across India is what initially attracted the Canadian companies to their market.
Development of the plant will be carried out by the Canadia EPC, Guycan, with Canadian Solar providing the solar panels. The project will be entirely funded Mackie Research. They expect the plant to be completed within 30 months of it’s commission, after which a similar 500MW park in Northeast India will be built.
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