KPI Green Energy Limited and Delta Electronics India Private Limited announced the signing of three significant Memoranda of Understanding (MoUs), marking a major step in advancing India’s clean energy transition. The strategic partnership focuses on key areas such as Battery Energy Storage Systems (BESS), green hydrogen, Electric Vehicle (EV) charging infrastructure, and solar photovoltaic (PV) inverters.
This collaboration aims to leverage both companies’ strengths in clean energy technology, facilitating scalable energy solutions that will help power India’s ambitious green energy objectives.
As of 1:06 PM, KPI Green Energy's share price was up by 2.45%, trading at ₹515.80 on the NSE.
The first MoU focuses on Battery Energy Storage Systems (BESS), addressing India’s pressing need for energy storage to integrate renewable sources efficiently into the grid. The collaboration will see KPI Green Energy leading the deployment of energy storage solutions across India, while Delta Electronics will contribute with its advanced power electronics, including inverters, energy management systems, and support services.
This partnership intends to enhance grid stability, enable renewable energy integration, and ensure the development of future-ready storage systems.
The second MoU is aimed at creating integrated green hydrogen production plants powered by renewable energy. Delta Electronics India will supply key technologies, including energy management systems, hydrogen compression, dispensing components, and EV chargers. These green hydrogen refuelling stations and EV charging hubs will be established across India to promote cleaner, sustainable mobility solutions.
The joint effort will also include skill development programs to train operational teams for efficient station management, marking a critical step towards clean transportation infrastructure.
Under the third MoU, Delta Electronics will supply 1 GW of next-generation solar PV inverters for KP Group’s solar projects. These inverters, designed for high efficiency and grid support, will play a key role in KP Group’s renewable projects in India and select international markets.
Delta's continued support will ensure long-term operational efficiency through after-sales services, maintenance training, and technology workshops for KPI Green Energy’s teams.
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The strategic partnership between KPI Green Energy and Delta Electronics India aligns with India’s renewable energy targets, addressing critical infrastructure gaps in energy storage, clean mobility, and solar energy. With a shared vision for sustainability, both companies are set to play a pivotal role in shaping India’s energy landscape, ensuring the deployment of scalable, future-ready technologies.
This collaboration highlights the combined strengths of KPI Green Energy in project execution and Delta Electronics’ global expertise in energy management solutions. As both companies continue to innovate, their partnership promises to deliver significant contributions towards India’s green energy goals.
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Published on: Jun 6, 2025, 2:51 PM IST
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