eSolar nabs $30M licensing deal for Indian plants

eSolar nabs $30M licensing deal for Indian plants

eSolar has been focusing increasingly on building large-scale plants in the U.S., and shedding plans to do the same overseas. Just last week, it announced that it sold its rights to build 500 megawatts worth of solar-thermal plants to NRG Energy for $10 million in equity. Now it’s licensing its technology to Indian power company Acme Group, which will use it to build solar-thermal plants in India capable of producing 1,000 megawatts. In exchange, Acme… Continue Reading