Enfinity Global Secures Grid Access For 2GW Indian Solar And Wind
POWER & RENEWABLE ENERGY

Enfinity Global Secures Grid Access For 2GW Indian Solar And Wind

Spanish renewable energy company Enfinity Global has secured connectivity for 2GW of utility-scale solar photovoltaic (PV) and wind projects in India, expanding its renewable energy portfolio. 
The projects, located in the states of Rajasthan, Uttar Pradesh, Maharashtra and Karnataka, can power 4.7 million households. 

They will contribute to a reduction of 49 million metric tonnes (mt) of CO? emissions annually. The generated power will be supplied to government utilities and commercial and industrial (C&I) clients. 

Enfinity Global’s renewable energy presence in India is growing, with 3.3GW of projects at various stages of development. This includes 240MW that are already operational, the 2GW that have been granted connectivity and an additional 1GW of solar PV, wind, and energy storage projects in the pipeline. The company also recently secured a 300MW solar-wind hybrid project through competitive bidding in the fourth quarter of 2024. 

Enfinity Global aims to develop and commission power plants that will deliver more than 5 gigawatt hours (GWh) of renewable electricity annually by 2028. It is also focusing on securing power purchase agreements (PPAs) with C&I customers, engaging with financial partners nationally and internationally to secure the capital required for these initiatives. 

Enfinity Global closed a $135m junior financing agreement with the Canada Pension Plan Investment Board (CPP Investments) in May 2024. This agreement is intended to bolster the development and construction of solar and wind projects throughout India.   

Spanish renewable energy company Enfinity Global has secured connectivity for 2GW of utility-scale solar photovoltaic (PV) and wind projects in India, expanding its renewable energy portfolio. The projects, located in the states of Rajasthan, Uttar Pradesh, Maharashtra and Karnataka, can power 4.7 million households. They will contribute to a reduction of 49 million metric tonnes (mt) of CO? emissions annually. The generated power will be supplied to government utilities and commercial and industrial (C&I) clients. Enfinity Global’s renewable energy presence in India is growing, with 3.3GW of projects at various stages of development. This includes 240MW that are already operational, the 2GW that have been granted connectivity and an additional 1GW of solar PV, wind, and energy storage projects in the pipeline. The company also recently secured a 300MW solar-wind hybrid project through competitive bidding in the fourth quarter of 2024. Enfinity Global aims to develop and commission power plants that will deliver more than 5 gigawatt hours (GWh) of renewable electricity annually by 2028. It is also focusing on securing power purchase agreements (PPAs) with C&I customers, engaging with financial partners nationally and internationally to secure the capital required for these initiatives. Enfinity Global closed a $135m junior financing agreement with the Canada Pension Plan Investment Board (CPP Investments) in May 2024. This agreement is intended to bolster the development and construction of solar and wind projects throughout India.   

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?