Key Takeaways
- ACEN and UPC Renewables announced over 500 MW of clean energy projects in Rajasthan and Karnataka.
- The projects, comprising a 420 MW solar farm and a 120 MW wind farm, are set for completion by early 2027 and will generate around 1,158 GWh of electricity annually.
- These initiatives are expected to create over 1,500 jobs during construction and significantly reduce carbon emissions.
New Clean Energy Initiatives in India
Energy companies ACEN and UPC Renewables have unveiled plans for significant clean energy projects in India, totaling over 500 MW. The announcement includes a 420 MW solar power facility in Rajasthan and a 120 MW wind power farm in Karnataka.
Expected to be completed by early 2027, these projects aim to produce approximately 1,158 GWh of clean electricity each year. This output could power around 241,000 homes and eliminate more than 876,000 tonnes of carbon emissions annually.
The Rajasthan solar farm, strategically located in the sun-rich Barmer region, is projected to generate about 767 GWh of electricity per year. In contrast, the wind farm in Karnataka is positioned to take advantage of strong monsoonal winds and favorable terrain, delivering around 391 GWh of renewable energy annually.
In addition to their environmental benefits, these projects are anticipated to create over 1,500 jobs during the construction phase, thereby bolstering local economies and employment opportunities.
Patrice Clausse, ACEN International CEO and group chief investment officer, emphasized the importance of their partnership with UPC Renewables in making disciplined capital investments in high-potential markets like India. Brian Caffyn, chairman and group CEO of UPC Renewables, highlighted their successful collaboration in deploying 630 MWp of solar capacity in India, expressing optimism about this next phase as a continuation of their trusted partnership and collaborative efforts in the region.
This joint initiative represents a significant step forward in India’s commitment to renewable energy, underscoring the potential for future collaboration between ACEN and UPC Renewables in driving sustainable energy solutions across the country.
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