Mahindra Susten will retain a majority 51% stake in its Marvel Solren unit, which operates 16 MW of solar at four sites in India. It aims to jointly build up to 150 MW of capacity with the Japanese trading house by 2023.Japan's Mitsui & Co. will acquire a 49% equity stake in Marvel Solren, a subsidiary of Mahindra Susten. Mumbai-based Mahindra Susten will retain a majority 51% stake in Marvel Solren, which runs four distributed solar projects in India with a combined capacity of 16 MW. All of the installations are operating under long-term power purchase agreements of 10 to 25 years. Mahindra ...Den vollständigen Artikel lesen ...
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