Clear Skies Solar just signed an $8 million USD agreement with Prayag Green Solar Power Private Limited to develop and construct a two megawatt solar power project in Chitrakoot, Uttar Pradesh, India. This deal rides in the wave of a previously announced $20 million project for the area.
Since its launch, Clear Skies Group has installed solar power systems for municipalities, real estate developers, agricultural locations, office and residential complexes, storage facilities, manufacturing plants, schools, and more. Systems today run at efficiencies up to 95% for inverters and 15-20% efficiency of the solar panels. Clear Skies Group has developed several technologies which not only control energy consumption and monitor it, but also reduce demand load. It’s not hard to see that areas underserved by the petroleum industry can find an easy and cost effective energy source without the need for an intense infrastructure.
“We developed an aggressive international expansion plan earlier this year that was designed to take advantage of markets with a solid feed-in tariff structure in order to obtain support for renewable energy from governments in both Europe and Asia,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “This strategy is already paying off; in addition to closing agreements for two projects in India, Clear Skies Solar has also recently announced a contract to design and construct a 150kW solar project in Greece – and this is just the first of several projects to be announced in the coming weeks.”
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