First Solar begins selling 130-MW of solar to Indian distribution companies under 25-year PPAs

Written By: Stratton Report
August 10, 2016

First Solar

On August 10, First Solar Power India Pvt. Ltd. today announced the successful commercial operation of 80 MWAC and 50 MWAC capacity in Andhra Pradesh and Telangana respectively. These projects are part of the 260MWAC project portfolio wholly owned by First Solar in India.

The electricity from the projects will be purchased by the Southern Power Distribution Company of Andhra Pradesh and The Telangana State Southern Power Distribution Company Limited under 25 year power purchase agreements.

Sujoy Ghosh, First Solar’s Country Head for India remarked:

“After achieving a recent milestone of 1GW of PV solar capacity footprint in India, we are delighted to add 130 MWAC of Utility-Scale Solar Power to the Grid, growing our portfolio of operational solar assets to a cumulative capacity of 150 MWAC. With the commissioning of these plants we have once again demonstrated our strong execution capabilities, and with First Solar’s module performance and reliability, the plants will provide the best possible return on investment.”