Wedoany.com Report-Aug. 3, Zelestra has entered into a contract with Suzlon to deliver 381MW of wind power capacity in India, aligning with Zelestra’s broader strategy to develop multi-technology renewable energy projects in the country.

This agreement supports Zelestra’s 2025 construction plans for a renewable energy portfolio that includes 480MW of wind, 1450MW of solar, and 150MWh of battery storage capacity. A key component of the portfolio is a recently awarded Firm and Dispatchable Renewable Energy (FDRE) contract with SJVN, a public sector utility.

The FDRE project, combining wind, solar, and energy storage technologies, will be located in Solapur, Maharashtra, and is expected to become operational in 2027. The site will benefit from hybrid project development, where technologies are co-located to enhance grid integration and efficiency.

Sajay KV, Chief Executive of Zelestra India, commented: “This partnership with Suzlon marks a significant step in our vision to deliver even more ambitious and complex multi-technology renewable energy solutions for our customers across India. It sets the foundation for delivering our portfolio of 5GW, from our strategically sited and uniquely co-located hybrid projects with interconnection certainty of 2027 and 2028.”

Girish Tanti, Vice Chairman of Suzlon, stated: “This project marks that critical shift. We are honored to collaborate with Zelestra, a global pioneer in decarbonization, as we collectively propel India towards a sustainable energy future.”

Zelestra currently holds a 5.4GW pipeline of clean energy projects spread across seven Indian states. Of this pipeline, 1.7GW has been secured under contracts. The company has gained industry recognition and was recently ranked among the top 10 global clean energy sellers to corporate clients by BloombergNEF, and placed second in the Europe, Middle East, and Asia region.

Globally, Zelestra has approximately 30GW of renewable energy projects in development across 13 countries. The company is supported by investment from EQT.