Nov 21, 2011 - US solar power firm SunEdison, a unit of MEMC Electronic Materials (NYSE:WFR), last week said it had obtained USD 110 million (EUR 81.4m) financing for 50 MW of solar projects in India.
The Overseas Private Investment Corp, L&T Infrastructure Finance Company Ltd and Infrastructure Development Finance Company Ltd have provided the financing.
The solar plants, located in the states of Gujarat and Rajasthan, can produce 84,000 MWh of electricity in the first year of operation, according to SunEsidon.
(USD 1.0 = EUR 0.740)
Choose your newsletter by Renewables Now. Join for free!
You have run out of free articles this month. Get more for free
Tata Power to build captive solar park for new PV factory in India
TotalEnergies bets on 1-GW solar, wind portfolio of Adani Green
India opens tender for 1.26 GW of dispatchable renewables
AT Capital, Vitol boost bet on Juniper Green Energy
TotalEnergies weighs USD-700m investment in Adani Green's biz - report
Waaree Energies unit wins EPC deal for 52.6-MWp Indian PV project