ZEBASOLAR INC awarded 10MW PV Solar Power Station in Gujarat
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Zebasolar, a U.S. based solar developer has announced a project for 10 MW solar PV power plant in Gujarat, India. The project will be handled by ZEBASOLAR PVT LIMITED INDIA, an 85% subsidiary of ZEBASOLAR INC USA.
Zebasolar will begin production on the PV project sometime in the next five months, and hopes to see completion and full operation by the middle of 2010.
The Gujarat solar plant will cost the company €35 million and has an anticipated annual output of 16.37 million kilowatt hours. The plant also has a operation commitment contract for 25 years. The project will consist of PV panels installed directly into the ground at the power plant site.
The Gujarat-based plant will be developed by Zebasolar, which plans to establish a joint venture company to arrange the engineering, supplies, and construction contracts.
The U.S.-based Zebasolar owns 85% outright of its India-based subsidiary, and currently has plans for more than 25 MW of PV solar projects in the works in India.
The company also has an additional 500 MW’s worth of projects awaiting approval from the Indian government.
In late January 2009, The Gujarat State Energy Agency (GEDA) planned an open tender to confirm the on-grid electricity price and technical solutions. An estimated total of 70 International majors and domestic energy players bid for with over 5,400 MW worth of tendered applications.
“We are very proud to have won our concession in The State of Gujarat, we commend the Honorable Chief Minister of the State, Mr. Narendra Modi as well as the Secretary of Energy Mr. Jagdishan, for their vision and foresight in bringing Gujarat as the State which is not only leading the push in India to go GREEN, but also making an impact on the world market by announcing a concession of this size. ZEBASOLAR will bring its partners and technology to ensure that the State succeeds in its plans and initiatives and helping India become a renewable energy leader”, stated Shahal Khan, Founder and President of ZEBASOLAR INC.
The sudden boom in alternative energy in India is due to India’s recently announced National Solar MIssion, which was approved by the Council on Climate Change earlier last week. India hopes to expand their solar energy yield by almost 20GW by 2020, and by 200 GW by 2050. The thirty year plan will cost the government $20 billion, and greatly increase solar interests in India.
About ZEBASOLAR INC Super Fly movie
ZEBASOLAR INC is established in Bedminster New Jersey (USA), and is a fast-growing and ambitious company with international activities in the Solar IPP farm development and operation sector, with assets in Italy, India and ongoing applications in the USA. As a project developer and investor, ZEBASOLAR ensures the implementation of solar energy power plants, of which it controls the ownership.
ZEBASOLAR PVT LIMITED INDIA is in the process of developing, building and financing PV projects with a total capacity of more than 25 MW in 2009, which are fully approved, out of 500MW in applications in India.
ZEBASOLAR Website
Just visited their website. Looks like some hoax company who set up the business just to take the opp. of setting up plants in India. They don’t seem to be in business for long and does not look like they have their own infrastructure.
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