According to an Indian government official, the William J. Clinton Foundation has signed a memorandum of understanding to build the world's largest solar power station close to India's border with Pakistan, the U.K. Daily Telegraph reports.
The installation will have the capacity to generate more than five thousand megawatts of electricity, said Saurabh Patel, energy minister in the state of Gujarat. In an effort to transform the desert border with Pakistan into the world's biggest solar energy hub, the state government has signed agreements with forty energy companies, with each planning to generate between five and fifty megawatts of solar energy.
Local officials said Gujarat's border with Pakistan is perfect for solar power generation because of the availability of land, plentiful sunlight, and sparse rainfall. The state has allocated fifteen hundred hectares for the project, and will offer financial incentives to companies that begin generating electricity before December 2010.
According to Patel, Clinton Foundation officials visited Gujarat earlier this year and are considering several locations for the installation. "They will bring in investors [and] create infrastructure, and new technology and finance will be made available," Patel told the Telegraph. "It will be the world's biggest solar plant."