Indian firm to invest $6 billion in solar power as a country targets lofty renewable energy goals

Indian firm to invest $6 billion in solar power as a country targets lofty renewable energy goals India's Adani inexperienced Energy restricted (AGEL) has won a significant contract which can see the firm develop eight gigawatts (GW) of alternative energy over consequent few years, as authorities within the country look to build capacity to fulfill formidable renewable energy targets. Announced on a weekday, the $6 billion producing-linked agreement between AGEL and therefore the alternative energy Corporation of Asian nation (SECI) can see AGEL got wind of two GW of what it delineated as "solar cell and module manufacturing capability." Under the agreement, AGEL, which is an element of the larger Adani cluster, can develop two GW of star capability by the year 2022, with the opposite half-dozen GW returning on-line in two GW chunks. These come can embrace a large-scale "single-site generation project" of two GW. In terms of the producing fac...