This is the largest acquisition for the company till date and reinforces its already strong position in the Indian market.
The facility delivers 110 megawatts of electricity plus 1,100 megawatt-hours of energy storage to Nevada’s gridunder a 25-year power purchase agreement with NV Energy, Nevada’s largest utility.There is no other existing solar project at this scale that can provide on-demand energy 24 hours a day, without any fossil fuel back up.
When it comes to clean energy the entire world has a vested interest in making sure good ideas become reality.
The World Bank also announced that it planned to provide more than $1 billion to support India’s ambitious initiatives to expand solar through investments in solar generation.
Solar energy investments in India of this magnitude are only starting to happen.
New Report from BNEF for Clean Energy in the America’s. Worldwide investment in renewable energy and energy-smart technologies totalled $70bn in the third quarter of 2015, just 1% below the equivalent figure a year earlier,…