SunEdison has announced that it will set up 15.2 GW of solar and wind energy capacity in India over the next 5 years. The company is expected to develop solar as well as wind energy projects. This would be SunEdison´s contribution to India´s ambitious target to add 100 GW renewable capacity by 2022. India´s installed renewable energy capacity currently stands at just above 32 GW.
SunEdison had recently signed agreements with the state governments of Rajasthan and Karnataka to set up large-scale renewable energy projects. In Rajasthan, the company will add 5 GW solar power capacity while in Karnataka the company will add an equal capacity but through solar and wind power technologies.
SunEdison has been taking part in solar power project auctions conducted in the past by several state governments and the central government.
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