A Memorandum of Understanding (MoU) has been signed by global solar developer SunEdison and the state government of Rajasthan, India to build 5GW of solar.
Multiple ‘mega’ sized solar installations, each 500MW and above will be built, making Rajasthan a ‘solar hub’ of India, according to SunEdison.
As part of the MoU agreement, the Rajasthan state government will help with identifying suitable land for the solar developments, and will provide grid and interconnection infrastructure.
The 5GW proposal is in line with state government ambition for 25GW of solar in the next five years; the MoU signed by Rajasthan chief minister Vasundhara Raje Scindia.
SunEdison said nodal entities of the Central Government of the Union of India, the Solar Energy Corporation of India, NTPC, the Power Trading Corporation or SunEdison and its affiliates, including yield cos, are to be the end owners of the solar projects.
“This MOU paves the way for socially and environmentally responsible economic growth and prosperity in the State of Rajasthan,” said SunEdison’s Pashupathy Gopalan, president of Asia Pacific operations.
Gopalan also said SunEdison is supporting “the emergence of India as a global solar energy leader under the vision and leadership” of the Prime Minister, Narendra Modi and energy minister, Shri Piyush Goyal, and the “long-term development of India's solar program and supports its quest for energy security”.
SunEdison is building local and global partnerships for India to be at the cutting edge of solar technology to provide citizens with “clean, reliable, affordable energy solutions” said Gopalan.
SunEdison also said it intends to create more solar facilities to supply solar energy to India.
SunEdison will also assist in the development of new business models and strategies and policies to facilitate the large scale replacement of existing electric and diesel water pumps with solar powered water pumps, allowing farmers to increase their incomes
SunEdison already has 50MW of large solar projects and more than 1000 solar water pump installations in the state of Rajasthan and recently bid in a 500MW solar auction in the state of Andhra Pradesh.
Rajasthan was rumoured to be cancelling a 4GW solar proposal after environmental concerns were raised.