01 June 2011
US-based Astonfield Renewable Resources today announced that it has entered into a strategic partnership with Grupo T-Solar Global S.A., a Spanish-based solar power producer with an installed generation capacity of 168 megawatts (MW) in Spain and Italy, as well as a large pipeline in Southern Europe, Latin America and the US.
The partnership has been initiated with Astonfield's 5MW solar PV project in Osiyan Rajasthan, India, which is expected to be the first in a long-term strategic collaboration between Astonfield and T-Solar.
Astonfield will deploy T-Solar's latest generation 5.7 square metre (m2), hydrogenated amorphous silicon (a-Si:H), thin-film modules in Osiyan Rajasthan. This project will be one of the first utility-scale solar power plants commissioned under the Jawaharlal Nehru National Solar Mission (JNNSM) and is expected to be commissioned by October 2011. Construction on the Osiyan Rajasthan project has begun and, once operational, it is expected to generate at least 8500 megawatt hours (MWh) per year, enough to power the equivalent of more than 13,000 Indian households.
With T-Solar's strategic investment and project debt financing in place from leading Indian banking institutions, such as the State Bank of India and the Export-Import Bank of India, Astonfield has confirmed that site construction is well under way and the Osiyan Rajasthan project is set for on-time commissioning. Schneider Electric, an engineering, procurement and construction (EPC) provider based in France, has been retained as the project's (EPC) manager.
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