UK & Australia Team Up for Indian Solar Projects

In Clean News, News, Renewable Energy, Solar

British solar power projects developer Lightsource Renewable Energy and Australian bank Macquarie will jointly fund the development of large solar power projects in India, the bank said on Monday.

As part of the venture, Macquarie’s UK Climate Investments will provide 49 percent of the equity for the construction of the first project, which is Lightsource’s 60 megawatt (MW) solar project in India’s Maharashtra state.

The deal reached financial close on Monday.

Join Our Newsletter!

Love Clean Future? We love to tell you about our new stuff. Subscribe to newsletter!

Mobile Sliding Menu

Clean Future