KPI Green Energy has secured a significant new contract from Aether Industries, marking a major milestone in its expansion efforts. The order entails the development of a 100 MW hybrid captive solar power project, a strategic move within the company's captive power producer (CPP) segment. This project is set to be rolled out in multiple phases, with completion anticipated by the end of the financial year 2024-25.
This new contract underscores KPI Green Energy’s growing influence in the renewable energy sector, following their recent achievement of signing a Power Purchase Agreement (PPA) for a 50 MW solar-wind hybrid project with Gujarat Urja Vikas Nigam earlier this month. The integration of solar and wind power reflects a progressive approach towards sustainable energy solutions.
The hybrid captive solar power project with Aether Industries is expected to enhance KPI Green Energy's portfolio, showcasing their capacity to deliver large-scale, versatile energy solutions. This order not only strengthens the company's market position but also aligns with the broader industry trend of adopting hybrid power models.
KPI Green Energy's commitment to innovation and efficiency is evident as they continue to expand their project base, paving the way for a greener future.
News by Rahul Yelligetti