KPI Green Energy saw a rise in its stock price after KP Group, its parent company, entered into three strategic Memoranda of Understanding (MoUs) with Delta Electronics to enhance India's clean energy ecosystem. The collaboration between the two companies focuses on various clean energy initiatives, including battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and solar inverters. The first MoU is centered on the development of scalable BESS projects, with KP Group leading project development and Delta providing critical components such as inverters and energy management systems. The collaboration aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector, where KP Group will establish green hydrogen production units powered by renewable energy, and Delta will supply hydrogen compression and EV charging technologies. The companies plan to develop hydrogen refueling and EV charging stations across India, utilizing AC and DC fast chargers along with monitoring and billing platforms. The third MoU involves Delta supplying nearly 1 GW of solar PV inverters for KP Group's upcoming solar projects. These inverters will support standalone and hybrid systems with features like high efficiency, remote diagnostics, and grid support functionalities. The collaboration extends to post-installation services, training, maintenance, and spare part supply. Niranjan Nayak, MD of Delta Electronics India, expressed optimism about the partnership, highlighting the commitment to delivering top-notch technology and lifecycle support for a cleaner, smarter mobility ecosystem. Faruk Patel, CMD of KP Group, emphasized that the collaboration aims to go beyond product supply, focusing on co-creating innovative solutions for a more sustainable energy landscape in India. Overall, the partnership between KP Group and Delta Electronics signifies a significant step towards advancing clean energy solutions in India and shaping a more sustainable future.