KPI Green Energy announced that its subsidiary, Sun Drops Energia Pvt Ltd, secured contracts to develop 32.15 MW of solar power projects for industrial clients in India. The projects, awarded through Letters of Award/Intent, involve clients such as Aditya Ultra Steel Pvt. Ltd, Suraj Dyeing & Printing Ltd, Sunita Processors Pvt. Ltd, and others. Sun Drops Energia is responsible for the design, development, and construction of these solar plants, with phased completion planned during FY 2025–26. Despite this development, KPI Green Energy shares fell by 3%.
Sun Drops Energia secures 32.15 MW solar projects in India
Sun Drops Energia to design and build 32.15 MW solar plants in India, set for phased completion by FY 2025–26. (Image Credit/Source: Kelly/Pexels)
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Starting in 2026, the project powers 225,000 homes annually with clean energy, cutting 910,000 tons of carbon emissions. (Image Source: Lumea)
Husk Power supplies energy to 1.5 million people, with plans for 100 MW projects and a goal of 100% revenue growth in 2025. (Image Credit/Source: Thinnapob/Pixabay)