German solar and storage firm IBC Solar has commissioned a 27MW PV project in the Indian state of Odisha.
The plant near Kesinga in the District of Kalahandi was part of a 270MW PV tender floated by Solar Energy Corporation of India (SECI) in Odisha in August 2016.
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Non-recourse project financing was concluded with L&T Infrastructure Finance Company Limited in March 2017. Following the securement of land in August 2017, the local electric power transformation substation had to be upgraded and a transmission line for roughly 8 kilometres was built. Construction of the solar plant started in November 2017.
“With this project, we have consolidated a strong know-how in project development, land securitization and grid connection in Odisha, a state with a high potential for solar PV build-up,” said José María Llopis, CEO of IBC SOLAR Energy.
As of Autumn 2017, Odisha had just 90MW of installed PV capacity.
