Four years ago, solar energy producer ACME Group was facing an existential crisis of sorts. But last year, it announced three projects in a new vertical that could cost over $15 ..
Scatec enters the Indian market by signing agreement for a 900 MW solar power plant
June 03, 2021 02:42 ET | Source: Release Release Oslo, NORWAY
Oslo, 3 June 2021: Scatec has today entered a partnership with ACME, a leading solar developer in India, to realise a 900 MW solar power plant in the state of Rajasthan, India. The project holds a 25-year PPA with Solar Energy Corporation of India (SECI) secured in a tender in 2018.
“We are excited to partner with ACME, a leading solar power developer, on our first project in India. The country is targeting a significant growth in renewable energy capacity by 2030 and is a key growth market for renewables. We have already established presence on the ground and are positioning for future tenders within solar, wind and hybrids”, says Raymond Carlsen, CEO of Scatec.
Scatec has entered a partnership with ACME, a leading solar developer in India, to realise a 900 MW solar power plant in the state of Rajasthan, India. Construction is expected to start in 2021 with scheduled completion in 2022.
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