- The contract with Suzlon will deliver 381 MW of wind capacity in India, which will support Zelestra’s multi-technology customer solutions.
- In total, the company has nearly 2 GW of wind and solar projects to go into construction this year in India, as well as 150 MWh of battery energy storage capacity.
Zelestra, a global, multi-technology, customer-focused, renewable energy company, has announced a major wind power contract with Suzlon for 381 MW of wind power capacity.
The contract will support the company’s ambitious growth plans in India and its strategy to deliver multi-technology customer solutions. In 2025, Zelestra aims to start the construction of approximately 480 MW of wind, 1,450 MW of solar and 150 MWh of battery energy storage capacity in India.
This includes the recently agreed Firm & Dispatchable Renewable Energy (FDRE) contract with Satluj Jal Vidyut Nigam (SJVN), an Indian public sector company, which enabled a large-scale hybrid megaproject combining solar, wind and energy storage technologies.
The solution meets SJVN’s needs delivering 24/7 green energy and will also ensure supply of clean energy during morning and evening peak hours, when demand from the grid is at its highest. The contract will be served by a project to be situated in Solapur, Maharashtra, India, with energy anticipated to come online in 2027.
Sajay KV, CEO, Zelestra India, said, '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 5 GW, from our strategically sited and uniquely co-located hybrid projects with Interconnection certainty of 2027 and 2028. We are confident that Suzlon’s experience and capabilities will help us deliver clean, reliable power to meet the country’s growing energy demand.'
Girish Tanti, Vice Chairman, Suzlon Group, said, 'India’s energy transition landscape is at a pivotal juncture, where the pursuit of reliable, round-the-clock renewable power (FDRE) is taking center stage. 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. At Suzlon, we’re committed to driving this transition forward, one innovative project at a time.'
In total, Zelestra in India now has a pipeline of more than 5.4 GW of clean energy projects across 7 states, with 1.7 GW contracted with customers. The company was recently named among the top 10 sellers of clean energy to corporate customers globally by BloombergNEF (BNEF), and number 2 in Europe, Middle East and Asia.
About Zelestra
With a portfolio of approximately 30 GW of carbon-free projects in 13 countries (5.5 GW contracted with customers and in operations, construction, or pre-construction stage) Zelestra is a vertically integrated company specializing in the development, commercialization, construction and operation of large-scale renewable energy projects. The company is backed by EQT, one of the world’s largest funds, with more than €273 billion in assets under management.
Source: Zelestra
