Vancouver-based SkyPower is pleased to announce it has entered into an agreement with China’s BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India.
The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party Secretary of China’s Guangdong Province. The conference, hosted by British Colombia Premier Christy Clarke, was aimed at strengthening the socio-cultural and economic ties between China and Canada.
SkyPower has also signed an agreement on April 28, 2016, with Sterling and Wilson for engineering, procurement and construction as well as operation and maintenance (O&M) of 350 MW (AC) solar projects to be built in India.
Construction of the seven 50 MW projects, 150 MW in Madhya Pradesh and 200 MW in Telangana, are to commence in Q3-Q4 of 2016.
“SkyPower, an industry leader in the development of large-scale solar energy projects, is excited to work with BYD, a global leader in battery technology, to bring together a highly-competitive bid for low-carbon, clean technology solutions,” said Charles Cohen, SkyPower’s Chief Commercial Officer, Commercial Strategy and Development.
The joint venture will draw upon SkyPower’s vast global experience and its proprietary development platform to develop clean energy solutions in India at truly market-competitive rates, while ensuring the highest quality construction and world-class execution. BYD’s award-winning environmentally-friendly battery storage technology, in concert with SkyPower’s wealth of experience in developing utility-scale solar projects, will enable a significant solar implementation strategy in India.
“We are thrilled to join forces with like-minded visionary leaders at SkyPower,” stated Stella Li, Senior Corporate Vice President of BYD. “BYD is the global leader in reliable, efficient battery storage and solar technology, and we are committed to providing affordable, sustainable energy solutions that not only help countries recover economically but also help reduce air pollution caused by traditional, dirty fossil fuels.”
The Government of Guangdong continues to invest in clean energy mass transit solutions to help address the environmental objectives of China’s 13th Five-Year Plan.
SkyPower is the largest and one of the most successful developers and owners of utility-scale solar energy projects in the world. With roots dating back more than a dozen years, SkyPower’s global team possesses a vast track record of over 900 years of combined experience in power and large infrastructure projects.
The experienced and accomplished SkyPower team has built, assembled and acquired an extensive pipeline of over 25 GW worldwide – 9 GW of which were recently announced in bilateral agreements, and other contract awards, to be built in the Middle East, Africa and Southeast Asia over the next five years.
SkyPower’s over 30 utility-scale solar Power Purchase Agreements (PPA) and Contracts in aggregate represent well in excess of approximately US $80 billion worth of long-term renewable energy sales to leading utilities and governments around the world.
BYD is headquartered in Guangdong, China’s most populated province, accounting for more than twenty-five percent of China’s foreign trade.
BYD is one of China’s largest companies and has successfully expanded globally. Specializing in battery technologies, their green mission to “solve the whole problem” has made them industry pioneers and leaders in several High-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services.
Sterling and Wilson has installed nearly 1 GW of solar energy projects in India alone, and continues to lead the industry as more than 3,500 of its highly skilled workforce build international solar operations across Southeast Asia, the Middle East, and Africa, and has already commissioned nearly 150 MW in solar farms across Africa and Southeast Asia. fii-news.com
