SkyPower signs 150 MW PPA with Madhya Pradesh

SkyPower has entered into a long-term power purchase agreement (PPA) with the Government of Madhya Pradesh to provide 150 megawatts (MW) AC of utility-scale solar power to the Indian state.

Kerry Adler, SkyPower President and Chief Executive Officer, stated:

“SkyPower is committed to making a powerful contribution to India’s goal of generating 100 gigawatts of solar power by 2022. India is leading the world in deploying solar, not only with its significant targets but by its very actions, and the people of Madhya Pradesh will benefit from clean, reliable and affordable energy as a result of the vision and leadership of this great state.”

Mr. Sanjay Kumar Shukla, IAS, Managing Director, M.P. Power Management Company Limited (MPPMCL), commented:

“Renewable energy is a big focus for the State of Madhya Pradesh and signing this power purchase agreement with SkyPower highlights our commitment.”

The SkyPower is an international firm that develops and owns utility-scale solar photovoltaic (PV) energy projects. SkyPower team has built, assembled and acquired an extensive pipeline of over 25 GW worldwide – 9 GW of which were recently announced in bilateral agreements, and other contract awards, to be built on the continents of Africa and Asia over the next five years in Egypt, Nigeria, Kenya, Djibouti and India.

Over the past few years alone, SkyPower has secured over two dozen utility-scale solar PV Power Purchase Agreements (PPA) and Contracts, which in aggregate represent well in excess of 
US$80 billion worth of long-term renewable energy sales to leading utilities and governments around the world.