SkyPower has entered into a long-term power purchase agreement (PPA) with the Government of Madhya Pradesh to provide 150 megawatts (MW) AC of utility-scale solar power to the Indian state. SkyPower is the largest developer and owner of utility-scale solar photovoltaic (PV) energy projects in the world. The company is majority owned by CIM Group, a U.S. based transformational urban real estate and infrastructure investment firm
“SkyPower is committed to making a powerful contribution to India’s goal of generating 100 gigawatts of solar power by 2022,” said Kerry Adler, SkyPower President and Chief Executive Officer. “India is leading the world in deploying solar, not only with its significant targets but by its very actions, and the people of Madhya Pradesh will benefit from clean, reliable and affordable energy as a result of the vision and leadership of this great state.”
“Renewable energy is a big focus for the State of Madhya Pradesh and signing this power purchase agreement with SkyPower highlights our commitment,” said Mr. Sanjay Kumar Shukla, IAS, Managing Director, M.P. Power Management Company Limited (MPPMCL).
SkyPower believes its team’s experience, ability to leverage its global purchasing power and proprietary development platform allow them to provide solar power in India at market competitive rates whilst ensuring the highest quality construction.
ST Staff Writers
This post was prepared by Solar Thermal Magazine staff.