SkyPower announced that it has been awarded 150 MW of solar PPAs in the Indian State of Madhya Pradesh's procurement process.

SkyPower has been present in India for several years assessing the market very carefully and building its team both in India and globally as it prepared for the launch and the strategic deployment of a significant number of gigawatts of solar energy.

Madhya Pradesh will mark the beginning of SkyPower's electrification efforts in India with more announcements expected in the months ahead.

The SkyPower team's vast experience coupled with its proprietary development platform will help provide solar power in India at market competitive rates, ensuring at the same time, the highest quality and world-class execution.

Kerry Adler, President and Chief Executive Officer of SkyPower Global Group of Companies stated, "It is the diversity of SkyPower's team members, shareholders, and investors from around the globe and our ability to assimilate and welcome new partners in all our endeavours both in India and globally that has been and will continue to be paramount to our continued success".

SkyPower also plans to announce soon the launch of its India Solar Fund which will provide a platform for investors, partners, and stakeholders to invest alongside SkyPower and participate with it as it grows throughout India.

SkyPower looks forward to contributing to the very fabric of the country's ambition to bring 100 GW of solar power to the people of India, a vision and an objective that truly makes India a world leader and a priority country of focus for SkyPower in its continued global development efforts.

End