The solar project is expected to allow Biosar to enter the US solar PV markets rapidly and efficiently.
BBLU is expected to provide licenses, permitting, design and construction expertise that complements Biosar’s equipment procurement and large-scale project execution expertise.
Prior to the signing of the agreement, the two parties have been working together on project proposals for 10 to 100MW solar PV projects.
Biosar is a wholly owned subsidiary of ELLAKTOR that specializes in the engineering, procurement and construction (EPC) of utility scale solar PV projects MW size.