Fortum launches solar power production in India by acquiring a 5-MW photo-voltaic solar power plant
PRESS RELEASE 11 June 2013Fortum has acquired a solar power plant in the state of Rajasthan, north-western India. The company's short term ambition is to build a small photo-voltaic (PV) solar portfolio in order to gain experiences in different solar technologies and operating in the Indian power market. "Solar power fits well with Fortum's other CO2-free production and we believe it will play an important role in tomorrow's low carbon energy system," says Matti Kaarnakari, Managing Director, Fortum India Pvt. Ltd. "Solar power is a strong growth segment that will account for an