Insolation Energy Secures Major Solar Projects, Eyes ₹134 Billion Investment for 38 GW Solar Capacity

Insolation Energy has received a Letter of Intent (LOI) for significant solar power projects, further solidifying its position in the renewable energy sector. Recently, the company's subsidiary, Insolation Green Energy, secured orders worth ₹733.04 crore from KPI Green Energy for solar PV modules for projects under Gujarat Urja Vikas Nigam Limited (GUVNL). Additionally, Insolation Energy has orders from Rajasthan Renewable Energy Corporation and Teerth Gopicon worth ₹372.20 crore for rooftop solar installations and PV modules. The company is also planning an investment of approximately ₹134 billion to develop a 38 GW solar project, underscoring its ambitious growth plans in the sector.

 

Source: Business Standard, PV Magazine, Solar Quarter