Power News We love to talk!

MAR 12 2015

SunEdisons Japan project to be handled from India

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 12th MAR 2015

The Indian arm of the US-based solar major, SunEdison, will be putting up a 9.6 MW solar plant in Japan, for which the company has recently secured a non-recourse loan of $21 million.

The Asia-Pacific headquarters of SunEdison is India, as the head of Asia-Pacific operations, Pashupathy Gopalan, is based in Chennai. As such, the construction and operations of SunEdison’s projects in Japan and China are handled out of Chennai.

The Tarumizu project is one of the first utility scale projects built by a US company in Japan with non-recourse funding from a Japanese Shinsei Bank, a press release from the company says.

Tags

Chennai China Asia United States Japan India Solar

Related News

  • Oil and gas exploration policy set for a major shift  Read more
  • 3 yards identified to build LNG ships  Read more
  • Brace for blackouts as western power plants go on the bl<x>ink  Read more
  • Welspuns 1.1 GW green assets attract Tata Power, Greenko  Read more
  • Gamesa building Rs 800 crorefacility in Andhra Pradesh's Nellore  Read more
  • Digitization of power grid will cut losses: Schneider official  Read more
  • MERC verifies the compliance of RPO targets by MSEDCL for 2013-14  Read more
  • Oil companies told to adopt villages  Read more
  • After SunEdison, Greenko Energy set to buy TAQA's hydro power unit  Read more
  • L&T gets Rs. 1,050-cr contract for rail tracks electrification  Read more