SunEdison to install 150 MW in solar power projects in India

SunEdison Inc., a solar technology manufacturer and provider of solar energy services, won 5 solar photovoltaic (PV) projects totaling 150 MW from Karnataka Renewable Energy Development Limited as announced by the government of Karnataka, India.

SunEdison or SunEdison affiliates, including Yieldcos, are envisioned as the ultimate owner(s) of these solar power projects, and will sell the electricity generated to various entities via power purchase agreements.

While 44 developers responded to KREDL’s tender for 500 MW of grid-connected solar power plants, SunEdison 150 MW represents the largest share awarded to any single company.

Following SunEdison’s recent announcement of a memorandum of understanding for 5 GW with the Rajasthan government.


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