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Moser Baer Clean Energy invests Rs 3.3 billion for 23.8MW Germany Solar plant

According to reports, Moser Baer Clean Energy said on Friday it commissioned a 23.8 megawatts solar farm in Germany and invested 3.3 billion rupees for the same.

The project is financed with long term debt from Germany’s DKB Bank, the company said in a statement.

Moser Baer Clean Energy, promoted by the founders of Moser Baer India Ltd got an investment of 3 billion rupees last month from General Electric, after raising 13.5 billion rupees from U.S.-based private equity firm Blackstone Group in 2010.

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