LONDON, June 18 (Reuters) -
* UK-based Lightsource BP , Europe's biggest solar energy developer, has completed its first big solar project in India, it said on Monday.
* The project in the Indian state of Maharashtra can generate 60 megawatts (MW) of electricity at its peak, enough to power around 20,000 homes.
* India is one of the fastest-growing markets for clean energy.
* The project was financed in partnership with UK Climate Investments - a joint venture between Macquarie MQG.AX owned Green Investment Group and the British government's Department for Business Energy and Industrial Strategy.
* The company did not reveal any details on the cost of the project.
* Oil major BP BP.L acquired a 43 percent stake in Lightsource last year.
* India currently has around 60 gigawatts (GW) of installed renewable capacity, but plans to add a further 115 GW by 2022, which could cost $125 billion.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.