ACEN logs over 2,100 MW of attributable renewables in India
This includes two major deals in the country.
Philippines-based ACEN has reached over 2,100 megawatts of direct current (MWdc) of attributable capacity in India.
This was according to ACEN International CEO Patrice Clausse, who was at the CEO roundtable attended by Philippine President Ferdinand Marcos Jr. during his state visit to India.
“Its ambitious target of 500 GW of renewable capacity by 2030, along with a supportive policy environment, provides a strong platform for long-term investment and collaboration,” said Clausse.
Since entering India in 2019, ACEN has built two major partnerships, one with UPC Renewables and another with Yanara, formerly BrightNight India. These ventures represent over 2,100 MWdc of attributable capacity, including 630 MWdc already operating and a robust pipeline under development across Rajasthan, Karnataka, Gujarat, Maharashtra, and Madhya Pradesh.
ACEN’s partnership with UPC Renewables includes three operating solar farms. Meanwhile, those with Yanara include developing and building hybrid and dispatchable projects.
Further, in the immediate pipeline are a 420 MWdc solar farm and two firm and dispatchable renewable energy projects in Rajasthan with a combined capacity of 806 megawatts (MW) and a 120 MW wind farm in Karnataka. These projects have already secured purchase power agreements with power generators, including Solar Energy Corporation of India Limited, Satluj Jal Vidyut Nigam, National Hydroelectric Power Corporation, and National Thermal Power Corporation.