Enfinity Global Secures 2 GW Of Solar And Wind Projects
POWER & RENEWABLE ENERGY

Enfinity Global Secures 2 GW Of Solar And Wind Projects

Enfinity Global has secured connectivity for 2 GW of utility-scale solar PV and wind projects in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka. US-based private-sector power producer Enfinity Global announced this week that it has secured connectivity for 2 GW of utility-scale solar PV and wind projects in the Indian states of Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka. 
The combined 2 GW capacity is expected to produce electricity equivalent to powering around 4.7 million households and avoiding 49 million metric tons of CO2 annually. The power generated from these projects will be supplied to government utilities, as well as commercial and industrial (C&I) customers. 
With over 1 GW of projects expected to enter the construction phase this year, including those in Maharashtra and Karnataka starting in the first quarter of 2025, Enfinity Global’s renewable energy portfolio in India now totals 3.3 GW in various stages. This includes 240 MW already operational, 2 GW with granted connectivity, and an additional 1 GW of solar PV, wind, and energy storage projects in development. In Q4 2024, the company won a 300 MW solar-wind hybrid project through competitive bidding in an auction by SJVN. 
Over the next three years, Enfinity intends to develop and commission renewable power plants to supply over 5 GWh of renewable electricity annually, including through power purchase agreements (PPAs) with C&I customers. 
The company is also taking significant steps to align the necessary capital to execute its portfolio in India through collaboration with national and international financial partners. In May 2024, it closed a $135 million junior financing agreement with the Canada Pension Plan Investment Board (CPP Investments) to support the development and construction of solar and wind projects across the country. 

Enfinity Global has secured connectivity for 2 GW of utility-scale solar PV and wind projects in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka. US-based private-sector power producer Enfinity Global announced this week that it has secured connectivity for 2 GW of utility-scale solar PV and wind projects in the Indian states of Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka. The combined 2 GW capacity is expected to produce electricity equivalent to powering around 4.7 million households and avoiding 49 million metric tons of CO2 annually. The power generated from these projects will be supplied to government utilities, as well as commercial and industrial (C&I) customers. With over 1 GW of projects expected to enter the construction phase this year, including those in Maharashtra and Karnataka starting in the first quarter of 2025, Enfinity Global’s renewable energy portfolio in India now totals 3.3 GW in various stages. This includes 240 MW already operational, 2 GW with granted connectivity, and an additional 1 GW of solar PV, wind, and energy storage projects in development. In Q4 2024, the company won a 300 MW solar-wind hybrid project through competitive bidding in an auction by SJVN. Over the next three years, Enfinity intends to develop and commission renewable power plants to supply over 5 GWh of renewable electricity annually, including through power purchase agreements (PPAs) with C&I customers. The company is also taking significant steps to align the necessary capital to execute its portfolio in India through collaboration with national and international financial partners. In May 2024, it closed a $135 million junior financing agreement with the Canada Pension Plan Investment Board (CPP Investments) to support the development and construction of solar and wind projects across the country. 

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement