India based Inox Clean Energy has announced that its subsidiary Inox Neo Energies had acquired 250 MW of solar projects from SunSource Energy. The company said it was in the process of acquiring an additional 50 MW, taking the total to 300 MW. SunSource, a wholly owned unit of Netherlands-based SHV Energy, operated the projects across 13 states through multiple SPVs. The assets sold power to commercial and industrial customers under long-term PPAs with a weighted average tenure of 24 years. Customers included manufacturing, FMCG, power equipment, healthcare and pharmaceutical companies. Inox Clean said the acquisition supported its plan to scale renewable generation capacity toward 3 GW by FY26-end.
Inox Clean acquired 300 MW solar portfolio from SunSource in India
SunSource Energy, a subsidiary of SHV Energy, transferred 300 MW of Indian solar projects to Inox Neo Energies under Inox Clean Energy’s expansion plan.
/solarbytes/media/media_files/2026/01/05/2026-01-05-inox-pr-2026-01-05-15-36-56.jpeg)
Advertisment
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)