Indian Prime Envoy Narendra Modi and French President Emmanuel Macron inaugurated a 101-megawatt rise solar facility in India on Monday.
The Mirzapur solar power weed, developed by French utility firm Engie, is the largest in the state of Uttar Pradesh, in the north of the nation. Engie CEO Isabelle Kocher said it was “one of our key assets” in India.
Tweet One
Engie suggested a number of other renewable energy developments and deals in India on Monday.
These involved the signing of a 25-year power purchase agreement for the Kadapa solar estate in Andhra Pradesh, in the country’s southeast; the beginning of commercial operations at a solar reservation in Rajasthan in the north; and two wind projects in Gujarat and Tamil Nadu, in the west and south each to each.
“The different successes we announce today support our ambition to be a major mate for the development of renewables in India, a fast-growing country for global energy change-over businesses,” Kocher said.
The European Investment Bank announced Saturday that it had trade marked a 150 million euro ($185 million) long-term loan with the Indian Renewable Vigour Development Agency. The agreement will help to support renewable dash investment throughout India, the EIB said.