P2 Solar Inc., a developer of large-scale solar power stations, has entered into a letter of intent with South Korea-based OSolar. The two companies are working to form a strategic alliance as part of the project team for the 25 MW solar power station proposed for Punjab, India.
Both companies participated in working on the project's technical feasibility study that was submitted to the Indian government agencies at the end of January. As part of the strategic alliance, OSolar will provide various consulting, design and construction services, as well as assist in the funding.
SOURCE: P2 Solar Inc.