Gurugram-headquartered Amplus Solar today announced the acquisition of an aggregate of 17 on-site operational solar projects from Sterling and Wilson. These rooftop PV projects aggregating to 7.2 MWp are spread over Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana, and Karnataka. These have been supplying solar power to 13 leading industrial, commercial, and institutional customers.
This addition further augments Amplus Solar’s existing portfolio of 800+ MWp, catering to a 200+ C&I customer base.
“The addition of these assets to our portfolio furthers our commitment to promote the growth of renewable energy in India and provide outstanding service to our ever-increasing customer base. We remain open to the acquisition of assets that meet our standards and add Amplus’ operational excellence to these assets,” said Sanjeev Aggarwal, chief executive officer and managing director of Amplus Solar.
Amplus Solar—a wholly-owned subsidiary of Malaysia-based Petronas Holdings—provides clean energy to industrial and commercial customers by setting up both on-site solar projects (rooftop and ground-mounted) and off-site solar farms.
Today, it owns a portfolio of 800+ MWp of distributed solar assets across Asia.
Amplus has recently forayed into the residential solar segment with the brand HomeScape by Amplus Solar, which has already provided residential solar systems to over 600 customers to date. Amplus is also diversifying into battery storage, energy efficiency, and electric mobility to cater to evolving market and customer requirements.
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