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First Solar in 100-mw deal
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EM NEWS BUREAU
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Saturday, October 08, 2011, 10:42 Hrs [IST] |
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First Solar has announced a 100-mw
solar module supply agreement with
Reliance Power where it will 40 mw of
advanced thin film modules to Reliance
Power by the end of 2011 for its solar
power project in Jaisalmer in Rajasthan.
The delivery of the remaining 60 mw is
expected be completed in 2012. This
agreement is the largest PV module
supply agreement in India to date. The
US Export-Import Bank approved an
$84.3 million direct loan on August 25
to Reliance Power's Dahanu Solar Power
Pvt. unit to purchase First Solar panels
for the first 40 mw of the project.
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