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Solarpack and Think Energy Partners to build 100MW solar in India’s Telangana

A consortium of Spain-based solar firm Solarpack and US company Think Energy Partners will build six PV projects totalling 100MW capacity in the Indian state of Telangana
State distribution company TSSPDCL will acquire the energy from the plants in the districts of Mahbubnagar, Medak and Nizamabad, under 25-year power purchase agreements (PPAs). Construction will begin during the first half of 2016 and the plants are expected to be in operation at the end of January 2017.
Pablo Burgos, chief executive of Solarpack, said: “The entry into a market as important as India demonstrates our experience and growing international presence that permits us to be competitive in the most relevant markets.”
https://www.pv-tech.org/news/solarpack-and-think-energy-partners-to-build-100mw-solar-in-indias-telangan

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Solarpack wins a Contract to Construct Six PVS Plants with a Total Power of 100MW DC in the State of Telangana: Bloomberg

Solarpack has been awarded a contract to construct six photovoltaic solar plants with a total power of 100MW DC in the Indian state of Telangana. As part of this development, Solarpack has entered into a collaboration agreement with Think Energy Partners. Expected to generate around 160GWh annually, the six plants will be located in the districts of Mahbubnagar, Medak and Nizamabad in the Indian state of Telangana. Construction on the projects will begin during the first half of this year, while the plants are expected to be in operation at the end of January 2017.

www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=41983333

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Solarpack wins contract to develop 100MW DC solar plant in India: PV Magazine

Spanish PV group Solarpack is set to construct six solar PV plants with a combined capacity of 100 MW in the Indian state of Telangana. Solarpack is partnering on the project with U.S. firm Think Energy Partners, which develops, finances and constructs photovoltaic solar plants in India. The state electricity distribution company, TSSPDCL, will acquire all the generated electricity through a 25-year power purchase agreement. The consortium will build the six plants in the Telangana districts of Mahbubnagar, Medak and Nizamabad. Construction is slated to begin in the first half of the year, with the plants scheduled to be operational by January 2017. The plants are expected to generate some 160 gigawatt-hours annually. Solarpack CEO Pablo Burgos said the deal allowed “the entry into a market as important as India’s and demonstrates our experience and growing international presence that permits us to be competitive in the most relevant markets.”Burgos added that it was counting on the support of Think Energy Partners, which is already widely established in the country, to respond to any challenges that may be encountered. Ravishankar Tumuluri, managing partner of Think Energy Partners, said the project was “just the beginning” and the company would continue to work toward bringing more and more experience and solar business to India. The project marks the first contract awarded to Solarpack in India. The company has so far focused primarily on the Spanish and South Amercian markets. It has commissioned five solar plants in Spain with a combined capacity of 35 MW in addition to 37 MW from three solar installations in Chile and 62 MW from three plants in Peru.

www.pv-magazine.com/opinion-analysis/blogdetails/beitrag/solarpack-wins-contract-to-develop-100-mw-in-india_100022927/#axzz47CDeSY2Z

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