India presents “considerable potential for EDF-EN to expandits solar-energy operations”, the company says.

EDF-EN, a major wind and PV developer present in 18countries, will hold a 25% stake in the joint venture. ACME will hold a 50%stake, while a third company, EREN, will hold the remainder.

ACME is currently building a 30MW PV project in MadhyaPradesh, and claims to have a 200MW pipeline in its home country of India.