SkyPower searching for partners in Indian PV market - Report

Facebook
Twitter
LinkedIn
Reddit
Email
SkyPower's latest announcement should help lower tensions over India's lofty solar goals. Image: Slim Dandy / Flickr

Canadian PV company SkyPower is searching for partners for its projects in India and will begin constructing them in Autumn 2016, according to Reuters.

SkyPower chief executive Kerry Adler said that the company was planning on expanding its base and activities in seven states, while also denying a report that stated that SkyPower could be leaving India.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“We do plan to announce in the days ahead the award of the engineering, procurement, construction (EPC) contracts for seven projects in India and are excited to commence construction of these projects we successfully won in the fall of this year,” Adler told Reuters.

SkyPower was recently reported to be looking to offload equity in its 150MW Madhya Pradesh PV project, which it won in July with one 50MW plant at a record low price of INR5.05/kWh (US$0.076).

Adler’s claim that SkyPower is staying put in India will be welcome news to the Indian solar sector, which may be having trouble closing finance for projects with low tariffs and has anxiously followed SunEdison’s recent financial woes, which threatened a large solar plant in Southern India.

While power purchase agreement (PPA) signings in Indian states such as Telangana were facing severe delays at the end of 2015, SkyPower announced in February 2016 that it had signed off on PPAs for four PV projects totaling 200MW combined in Telangana. 

Read Next

October 7, 2025
Juniper Green Energy through its subsidiary Juniper Green Sigma Eight has signed a 70MW power purchase agreement with renewable energy giant Tata Power. 
October 6, 2025
Indian infrastructure company focused on rooftop and ground-based solar power installations, PVV Infra has secured solar power orders worth INR7.9 billion (US$90 million) through two of its subsidiaries. 
October 6, 2025
Indian solar developer ACME Group has established a new subsidiary to manage its renewable equipment manufacturing business, under which it is planning to scale production of TOPCon PV modules.
October 6, 2025
Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life.
October 2, 2025
The Indian solar industry has 86GW and 182GW of solar cell and module manufacturing capacity, respectively, expected to be commissioned by 2027.
October 2, 2025
The Indian Department of Commerce has launched an antidumping investigation on solar encapsulants originating or exported from South Korea, Vietnam and Thailand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK