Integrum Energy to Build 800 MW Hybrid Wind-Solar Parks in Gujarat
- Integrum Energy partners with Gujarat government to build 800 MW of co-located wind and solar farms, contributing to India's renewable energy goals and reducing reliance on fossil fuels.
Integrum Energy, an Indian hybrid renewable project developer, has signed a Memorandum of Understanding (MOU) with the government of Gujarat to build approximately 800 MW of co-located wind and solar farms in the state. The deal, worth around INR 50 billion ($602.2 million), was signed during the Vibrant Gujarat Global Summit 2024. Integrum plans to deploy more than 700 MW-800 MW of co-located wind and photovoltaic (PV) power capacity, with the hybrid sites expected to become operational within five years. The company has already put on stream almost 150 MW of wind and solar farms over the past two years.
Integrum is currently working on an additional 200 MW portfolio across the states of Gujarat, Maharashtra, and Karnataka. The company's focus on hybrid facilities, which combine wind and solar power, reflects the growing trend in the renewable energy sector to maximize energy generation and optimize land use. This deal with the government of Gujarat is a significant step towards achieving India's renewable energy targets and reducing its reliance on fossil fuels.
What is Integrum Energy's plan to build co-located wind and solar farms in Gujarat?
- Integrum Energy has signed a Memorandum of Understanding (MOU) with the government of Gujarat to build approximately 800 MW of co-located wind and solar farms in the state.
- The deal is worth around INR 50 billion ($602.2 million) and was signed during the Vibrant Gujarat Global Summit 2024.
- Integrum plans to deploy more than 700 MW-800 MW of co-located wind and photovoltaic (PV) power capacity.
- The hybrid sites are expected to become operational within five years.
- The company has already put on stream almost 150 MW of wind and solar farms over the past two years.
- Integrum is currently working on an additional 200 MW portfolio across the states of Gujarat, Maharashtra, and Karnataka.
- The focus on hybrid facilities reflects the growing trend in the renewable energy sector to maximize energy generation and optimize land use.
- This deal with the government of Gujarat is a significant step towards achieving India's renewable energy targets and reducing its reliance on fossil fuels.