KPI Green Energy has secured 74.3 MW new orders for solar power projects. Within this total, KPI Green Energy has taken on 27 MW, including 20 MW for a solar power project that is part of a wind-solar hybrid project.
Furthermore, the company’s fully owned subsidiaries, under the captive power producer segment, KPark Sunbeat and Sun Drops Energia, have committed to 30 MW and 17.3 MW of capacity, respectively. According to the terms of the order, the projects are anticipated to be finished in fiscal year 2024-2025, in various phases.
In January 2024, Emmvee Photovoltaic Power announced the signing of a contract to provide KPI Green Energy Limited with 300 MWp of bifacial monoPERC solar panels for a 240 MW solar facility located in Gujarat.
In December 2023, KPI Green Energy Limited announced that it had raised Rs 3 billion through a qualified institutional placement route.