Indian developer Avaada Power signed a memorandum of understanding to develop 1.6GW of solar in the state of Uttar Pradesh at a cost of $1.55bn.
The MoU with the state government will allow Avaada to tap into the good solar resources available in India’s northern states, according to the company.
Uttar Pradesh has 569MW of solar installed now but a potential to host 22.8GW,
