Senvion and KP Group sign agreement for wind, solar hybrid projects in India

Senvion India and KP Group person signed a model statement to jointly make up to 2,000MW of upwind and wind-solar hybrid projects crossed respective states successful the state implicit the adjacent 3 years.

The concern aims to streamline execution and accountability for upwind and star hybrid projects India, combining some companies’ expertise to accelerate task delivery.

Under the presumption of the agreement, KP Group, represented by KPI Green Energy, KP Energy, and KP Green Engineering, volition pb tract recognition and development.

This includes managing onshore acquisition, obtaining permits and approvals, and overseeing the afloat equilibrium of works (BoP) scope specified arsenic civilian works, interior roads, foundations, and grid evacuation approvals.

Both Senvion India and KP Group volition proceed to run independently wrong their defined roles nether this collaboration.

Senvion India, operating nether the strategical ownership of Global Renewable Energy Development Holding Company, the Dubai-based concern limb of Alfanar Group, volition enactment arsenic the supplier of upwind turbine generators. These volition beryllium contracted done project-specific proviso agreements.

KP Group founder, chair, and managing manager Faruk G Patel said: “This concern with Senvion marks different milestone successful KP Group’s travel towards driving India’s renewable modulation with velocity and scale.

“By combining our proven task improvement and execution capabilities with Senvion’s precocious turbine technology, we are poised to accelerate the instauration of high-quality, bankable upwind and hybrid assets - delivering sustainable worth to our stakeholders and contributing meaningfully to the nation’s greenish vigor goals.”

Senvion India managing manager and CEO Amit Kansal said: “This multiyear model is astir making execution simpler and much predictable. By pairing KP Group’s improvement and BoP strengths with Senvion’s made-in-India turbine platforms, customers get a seamless, turnkey-like way from readying to generation.”

KP Group, established successful 1994 by Patel, has developed into a multifaceted conglomerate focusing connected renewable vigor and infrastructure.

Over the past 30 years, the radical has spearheaded projects successful wind, solar, hybrid energy, artillery vigor retention systems, and greenish hydrogen.

A turbine shaper successful the upwind vigor sector, Senvion India has installed its 120m, 130m, and 140m rotor turbines successful the country.

Last month, Senvion India announced the signing of a memorandum of knowing with Integrum Energy to proviso and committee up to 50 units of the 4.2M160 model.