Milton Financials has learned that Courbevoie, France headquartered energy firm Areva is planning a $3 billion investment into India’s rapidly growing solar energy sector. Areva, which primarily focuses on nuclear energy, intends setting up 1000 MW of solar thermal power capacity over the next five years.
The firm already has an established presence in the Indian biomass sector and has recently entered into a joint venture with Astonfield Group Of Companies to increase its 60MW capacity (…)
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