First Solar to build 45MW in India
First Solar has announced plans to develop its first PV projects in India, totaling 45MW.
Thus far, the US thin-film PV specialist has only sold modules in India.
It will develop two projects — a 25MW site and a 20MW installation — in Mahabubnagar, in the southern Indian state of Telangana, First Solar spokesperson Deepali Girdhar tells Recharge.
It expects to finish the two solar plants by May 2015.
The projects will generate enough electricity to supply 92,000 households, to be sold over a 20-year period to regional utility Southern Power Distribution at roughly 6.49 rupees ($0.11) per kWh.
Non-Indian solar companies are increasingly diversifying into project development in India, as the government considers the imposition of duties on foreign PV modules.
In late July, Arizona-based First Solar said it would consider investments in micro-grid PV projects in the country, according to local media reports.
New York-listed SunEdison also unveiled plans last month to build 159kW of solar-powered micro-grid projects in rural India.