Companies such as Astonfield Renewable Resources Limited and San Jose, CA based Sun Edison are counting on India’s solar energy market for succsess . Astonfield, is building a 250 MW solar photovoltaic power plant in the Indian state of Andhra Pradesh.
SunPower Corporation and Enterprise Business Solutions (EBS) have established a joint venture to build a $110 million manufacturing facility. SunPower in Maryland and EBS also plan to construct a chain of solar power plants, including rooftop solar projects on government buildings, across the State of Punjab to generate nearly 1,000 MW of power over the next two years.
Look for many more of these deals as India expands its solar production from virtually nothing today to 20 gigawatts over the next decade or so.
