Zelestra, a global renewable energy company known for its multi-technology and customer-focused approach, has been awarded a Firm & Dispatchable Renewable Energy (FDRE) contract by Satluj Jal Vidyut Nigam (SJVN), a leading Indian public sector company in the Navratna Category. This milestone paves the way for Zelestra to develop a pioneering 500 MW hybrid megaproject that combines solar, wind, and energy storage technologies to deliver reliable, round-the-clock green energy.
The project will be located in Solapur, Maharashtra, and is expected to become operational in 2027. It will feature approximately 250 MWdc of solar power, 180 MW of wind power, and a 90 MWh battery energy storage system (BESS). This innovative setup is designed to supply consistent clean energy to the grid, ensuring uninterrupted power, even during peak demand hours in the morning and evening. As a vertically integrated energy company, Zelestra will handle every aspect of the project — from development and construction to ownership and operations.
Sajay K.V, Chief Executive Officer, Zelestra India, said in a statement, “We are very proud of signing this major contract with SJVN. This is a transformational project that will combine solar, wind and battery storage to deliver clean energy at all points of the day in Maharashtra, including the critical peak hours when homes and businesses need reliable electricity the most. This is our first and largest multi-technology project win achieved in a single bid. Leveraging our robust technical expertise, we have intentionally transitioned from pure-play renewable projects to more complex and reliable green power solutions which can address the growing decarbonization demands of industrial units and data centres nationwide.”
Once completed, the project is projected to generate over 815 GWh of electricity annually, which is enough to meet the needs of more than 225,000 Indian households. It will also help reduce carbon emissions by approximately 0.7 million tonnes each year, contributing significantly to India’s clean energy goals. This latest venture strengthens Zelestra’s presence in India, adding to its growing pipeline of over 5.4 GW of clean energy projects spread across seven states.
Recently recognized by BloombergNEF (BNEF) as one of the top 10 sellers of clean energy to corporate customers globally — and ranked second in Europe, the Middle East, and Asia — Zelestra continues to showcase its expertise in delivering tailored renewable energy solutions. India remains a key market for Zelestra, thanks to its immense growth potential and crucial role in the global transition toward a more sustainable energy future. This project reflects Zelestra’s unwavering commitment to supporting India’s green energy ambitions while advancing the broader goal of creating a cleaner, more sustainable world.
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