SkyPower continuous its solar developing plans by signing four new PPAs with the Indian state of Telangana to build and operate a total of 200MWac of solar PV projects. SkyPower has already secured 400MWac of solar project in the states of Madhya Pradesh and Telangana in 2015.
"India is a world leader in deploying solar, not only with its significant targets but through its very actions," said Kerry Adler, SkyPower's President and Chief Executive Officer. "SkyPower is committed to making a powerful contribution to India's goal of generating 100 GW of solar power by 2022, while the people of Telangana will benefit from clean, reliable and affordable energy as a result of the vision and leadership of this great state."
SkyPower has introduced several investment and development programs in many countries since 2015. It announced to invest US$2.2 billion in developing up to 1GW of solar power in Kenya in July, 2015, and announced to form a joint venture in Mexico for Mexican market. In October 2015, SkyPower unveiled multiple utility-scale solar projects totaling 2.35GW in Bangladesh, Djibouti and India.