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Virginia developer signs 25-year deal for first commercial solar-thermal project in India
A Virginia-based developer has signed a 25-year agreement to build what is described as the first commercial solar-thermal project in India. The long-term deal marks a milestone for solar-thermal technology, which has seen less commercial deployment than photovoltaic solar in the country, and signals growing international investment in India's renewable energy sector.
Why now: It marks a first for commercial solar-thermal energy in India, a notable step in the country's renewable energy expansion.
Evidence
- Virginia developer signs 25-year deal for first commercial solar-thermal project in India · Energies Media
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