Serentica Renewables announced this week it has installed the first set of turbines and PV modules for its 1.5 GW round-the-clock renewable power supply project.
Supplying 1.5 GW of round-the-clock RE power requires Serentica Renewables to commission 4 GW of wind and solar capacities. The offtakers are multiple industrial customers with whom Serentica has signed power delivery agreements
Serentica will set up these solar and wind capacities across India, supplemented with balancing solutions like energy storage. These capacities will likely be deployed in the states of Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan, where Serentica has secured connectivity to the inter-state transmission system (ISTS).
Established in 2022, Serentica Renewables (India) aims to provide assured renewable energy to large-scale, energy-intensive industries through a combination of solar, wind, energy storage, and balancing solutions. The company has already secured investments worth $650 million from global investor KKR.
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