Indian power development company KSK Energy Ventures has commissioned the development of 11.6MW solar photovoltaic project in the state of Rajasthan.
The company has collaborated with solar panel manufacturer MiaSole to develop the project in Gurha village of Bikaner district under the Jawaharlal Nehru National Solar Mission.
Also, the project is reportedly a significant step in the company’s plan to set up 100MW of solar by the end of 2014.
As a part of the partnership, MiaSole will provide copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels for the project.
KSK director Anil Kumar Kutty, commenting on the alliance, stated: "MiaSole CIGS solar panels have proven to deliver the best solution for our project and are a compelling solution for the India market."
Meanwhile, MiaSole has secured a debt of $9m from US Export-Import Bank to fund the project, making it the second financial aid granted by the bank to MiaSole for its Indian projects.
In the last one year, MiaSole has completed renewable energy projects in the states of Rajasthan, Gujarat, Maharashtra and Tamil Nadu.
MiaSole CEO John Carrington remarked: "In 2013, we will expand our global footprint and our business model to invest in projects, acquire project pipeline and partner with leading developers and EPC companies in sustainable markets like India."
KSK, meanwhile, is also developing a 3600MW coal-based plant in Chhattisgarh, India, and it expects to commission its first unit by April 2013.