Senvion and KP Group sign agreement for wind, solar hybrid projects in India
Yahoo Finance·2025-11-17 10:56

Core Insights - Senvion India and KP Group have entered a framework agreement to develop up to 2,000MW of wind and wind-solar hybrid projects in India over the next three years, aiming to enhance project execution and accountability [1][2] Group 1: Partnership Details - KP Group will lead site identification and development, including land acquisition, permits, and overseeing the balance of plant scope [2] - Senvion India will supply wind turbine generators through project-specific agreements, leveraging its advanced turbine technology [3][4] Group 2: Strategic Goals - The partnership aims to accelerate the creation of high-quality, bankable wind and hybrid assets, contributing to India's green energy goals [4] - The collaboration is designed to simplify execution and provide a seamless path from planning to generation for customers [4] Group 3: Company Background - KP Group, established in 1994, has evolved into a conglomerate focused on renewable energy and infrastructure, with a history of projects in wind, solar, hybrid energy, and battery storage [5] - Senvion India has installed various rotor turbines in the country and recently signed a memorandum of understanding with Integrum Energy to supply up to 50 units of the 4.2M160 model [5]

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