Zelestra has signed a contract with Suzlon to deliver 381MW of wind power capacity in India to support its strategy of developing multi-technology renewable energy projects.
The agreement will contribute to Zelestra’s plans to begin construction this year on 480MW of wind, 1450MW of solar, and 150MWh of battery storage capacity in the country.
The portfolio includes a recently awarded Firm and Dispatchable Renewable Energy contract with public sector utility SJVN.
The project, which will combine wind, solar and storage, will be located in Solapur, Maharashtra, and is scheduled to come online in 2027.
Zelestra India chief executive Sajay KV said: “This partnership with Suzlon marks a significant step in our vision to deliver even more ambitious and complex multi-technology renewable energy solutions for our customers across India.
“It sets the foundation for delivering our portfolio of 5GW, from our strategically sited and uniquely co-located hybrid projects with interconnection certainty of 2027 and 2028.”
Suzlon vice chairman Girish Tanti said: “This project marks that critical shift. We are honored to collaborate with Zelestra, a global pioneer in decarbonization, as we collectively propel India towards a sustainable energy future.”
Zelestra said it now has a 5.4GW pipeline of clean energy projects in India across seven states, of which 1.7GW has been contracted.
The company was recently named among the top 10 global sellers of clean energy to corporate customers by BloombergNEF, and number two in the Europe, Middle East and Asia region.
Zelestra has approximately 30GW of projects across 13 countries and is backed by investor EQT.