Lightsource Renewable Maharashtra Solar PV Park is a 60MW solar PV power project. It is located in Maharashtra, India. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in April 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 60 60 – Active Maharashtra, India Lightsource BP Renewable Energy Investments

Description

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The project was developed by Lightsource BP Renewable Energy Investments. Lightsource BP Renewable Energy Investments and UK Climate Investments are currently owning the project.

Lightsource Renewable Maharashtra Solar PV Park is a ground-mounted solar project which is spread over an area of 240 acres.

The project supplies enough clean energy to power 20,000 households. The project cost is $53.407m.

Development Status

The project got commissioned in April 2018.

Power Purchase Agreement

The power generated from the project is sold to Solar Energy Corporation of India under a power purchase agreement. The power is sold at the rate of $0.066kWh for a period of 25 years.

Contractors Involved

Sterling and Wilson Solar was selected to render EPC services for the solar PV power project.

LONGi Solar Technology was selected as the supplier of the PV modules for the project. The company installed 200,000 modules at the site.

Lightsource BP Renewable Energy Investments is the O&M contractor for the solar PV power project.

About Lightsource BP Renewable Energy Investments

Lightsource BP Renewable Energy Investments Ltd (Lightsource BP) formerly Lightsource Renewable Energy Ltd, is an alternative energy company. It acquires, develops and manages large-scale solar projects and smart energy solutions. The company’s service offering includes site identification, power marketing, engineering, procurement, construction management, and operation and maintenance services. Lightsource BP also provides power purchase agreements, risk management, asset management, monitoring, optimization and financing solutions. It operates across Americas, Africa, Asia Pacific, the Middle East and Europe. The company is owned by BP Plc and its management and staff. The Company is headquartered in London, Greater London, the UK.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.