Mar 29th, 2013
KSK Energy Ventures and MiaSolé to build 11.6 MW solar project in India
KSK Energy Ventures, a leading India power development and generation company, and MiaSolé, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels and system solutions, announced that the commissioning of an 11.6MW solar photovoltaic project occurred on February 26, 2013.
- U.S. Export-Import Bank will provide $9 million of debt financing for the project.
The project is under India’s Jawaharlal Nehru National Solar Mission and is one of the largest solar power plants in Rajasthan, India.
U.S. Export-Import Bank will provide $9 million of debt financing for the project, marking the second MiaSolé project in India that the U.S. Export-Import Bank has supported.
The KSK project highlights MiaSolé’s ability to scale solar technology at a price that is attractive for both solar developers and utilities and underscores the company’s position as the leading supplier of high-efficiency CIGS modules and solar solutions in India. Over the past year, MiaSolé has completed projects in Rajasthan, Gujarat, Maharashtra and Tamil Nadu, making MiaSole one of India’s leading providers of solar energy.
MiaSolé’s headquarters and manufacturing are located in California, where the company employs approximately 200 people. In 2013, the company plans to hire over 200 additional employees in California to expand its manufacturing, research and development and commercial activities.
MiaSolé panels have been used in a variety of projects globally, from large scale projects utility scale fields to commercial and residential rooftops. MiaSolé is also developing a flexible solar solution, and last year announced a new flexible solar photovoltaic efficiency world record of 15.5 percent.
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