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Zelestra signs a long-term contract with SJVN to supply renewable energy in India

Multi-technology renewable energy company Zelestra has been awarded a Firm & Dispatchable Renewable Energy (FDRE) contract by Indian public sector company Satluj Jal Vidyut Nigam (SJVN), enabling it to build a 500 MW hybrid megaproject combining solar, wind and energy storage technologies.
Zelestra signs a long-term contract with SJVN to supply renewable energy in India
Courtesy of Zelestra.

The innovative hybrid multi-technology project will deliver 24/7 clean energy generation, with wind, solar and battery storage technology ensuring firm generation during peak morning and evening demand hours in Maharashtra, India.

Zelestra will begin work this year on approximately 250 MWdc solar, 180 MW wind power and a 90 MWh battery energy storage system (BESS) that will come into operation in 2027.

With a commitment to developing tailor-made, multi-technology solutions, Zelestra put forward a bespoke solution that meets SJVN's needs delivering 24/7 green energy. Zelestra will also ensure supply of clean energy during morning and evening peak hours, when demand from the grid is at its highest.

The contract will be served by a project to be situated in Solapur, Maharashtra, India, with energy anticipated to come online in 2027. It will include approximately 250 MWdc of solar, 180 MW of wind power and a 90 MWh battery energy storage system (BESS). As a vertically integrated energy player Zelestra will develop, construct, own and operate the project.

The combined annual electricity generation of the projects will be over 815 GWh, which could meet the equivalent needs of over 225,000 Indian households and save around 0.7 million tonnes of CO2 emissions annually.

In total, Zelestra in India now has a pipeline of more than 5.4 GW of clean energy projects across 7 states.

“We are very proud of signing this major contract with SJVN” said Sajay KV, Chief Executive Officer, Zelestra India. "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 won 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 centers nationwide."

Zelestra, recently named among the top 10 sellers of clean energy to corporate customers globally by BNEF, and number 2 in Europe, Middle East and Asia, with this agreement again demonstrates its ability to develop tailored solutions to customers and its commitment to India, a key market due to its enormous growth potential and its significant role in the global transition to a more sustainable energy future.

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Zelestra

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