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Clear Skies Solar bags $8M project in India

Posted: 23 Oct 2008 ?? ?Print Version ?Bookmark and Share

Keywords:solar power? India solar plant? energy source?

Clear Skies Solar Inc. has reached an $8 million agreement with Prayag Green Solar Power Private Ltd to develop and construct a 2MW solar power project in Chitrakoot, Uttar Pradesh, India.

The agreement has opened a pathway for the company to execute other contracts in the region, including a previously announced $20 million project to design and construct a multi-megawatt solar power system in Uttar Pradesh.

"To ensure our continued growth, we developed an aggressive international expansion plan earlier this year that was designed to take advantage of markets with a solid feed-in tariff structure in order to obtain support for renewable energy from governments in both Europe and Asia," said Ezra Green, chairman and CEO of Clear Skies Solar. "This strategy is already paying off; in addition to closing agreements for two projects in India, Clear Skies Solar has also recently announced a contract to design and construct a 150kW solar project in Greeceand this is just the first of several projects to be announced in the coming weeks."

Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs.

Clear Skies Solar Skies will provide the technology, engineering and construction services needed to create the photovoltaic project and will also provide the operation and maintenance services needed.

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