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As part of the Renewable Purchase Agreement (RPO), which requires the state to mix renewables and conventional thermal energy, the state set a goal of covering 21% of its total energy needs from solar sources by 2023-24 In 2015-2016, the author had the opportunity to work with entrepreneurs and experts in the solar energy industry (Banerjee, 2017). PPPs, generally valid for a period of 25 years in the case of solar energy, have been expressed by entrepreneurs as the most encouraging agreement, given that the agreement offers investors low risk for a guaranteed period of 25 years. PPAs are currently the main agreement for the sale of solar energy, as states are the only buyers of the majority of solar power plants.

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