Public sector hydropower generator SJVN Ltd is discussing a collaboration with France’s official development agency AFD to set up solar projects in India.
AFD will also assist SJVN, which is looking to expand its presence on solar energy, with its experience and is discussing providing support on developing solar power as well as ensuring sustainability through the recycling of solar panels, said Lise Breuil, AFD’s India director.
SJVN began its foray into solar power in 2017, and has completed three projects with a total installed capacity of 81.3 MW.
AFD’s initiatives in India have placed a strong emphasis on renewable energy, with a particular accent on energy efficiency, hydroelectricity and solar power. In addition to collaborating with the Indian Renewable Energy Development Agency (IREDA), it has given financial and technical support to private sector solar, wind, biomass and hydropower projects.
“The first funding awarded to IREDA in 2010 (EUR 10 million credit line) resulted in the implementation of eleven projects, ranging from biomass to small-scale hydroelectricity, wind farms, and solar photovoltaic projects," AFD says on its official website
