Sunedison launches 50-MW solar project in Madhya Pradesh

By Editor


Renewable energy development company SunEdison has launched the 50-megawatt Dammakhedi DC solar power plant in Madhya Pradesh.

It is the first solar power plant in the state to use single axis tracker technology, which helps maximize energy output.

Sterling and Winson and Larsen and Toubro handled the engineering, procurement and construction of the project. And the project was grid connected last December.

Dammakhedi is connected to the Madhya Pradesh state grid and delivers power to the Renewable Energy Corporation of India (previously Solar Energy Corporation of India, or SECI).

It is among the first projects to be commissioned under phase-2 of Jawaharlal Nehru National Solar Mission (JNNSM).

Madhya Pradesh New and Renewable Energy Department (MPNRED) was the nodal agency at the state level, which oversaw the project.

SunEdison Services will undertake operation and maintenance of the solar power plant under 24×7 asset management, monitoring and reporting services.

Recently, SunEdison and TerraForm Power had closed the acquisition of 521-megawatt portfolio of operating wind power plants from Atlantic Power.

The acquired wind power plants are located in Idaho and Oklahoma, and are contracted under long term power purchase agreements (PPAs) with investment grade utilities with a weighted-average credit rating of A3.

The power purchase agreements have weighted-average remaining life of about 18 years and the portfolio is expected to generate annual adjusted EBITDA of approximately $56 million and average annual cash available for distribution of $44 million over the next 10 years.

And SunEdison Services will also be performing operation and maintenance for three of the five wind power plants.

Ajith Kumar S

[email protected]

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