Apollo Green Energy's Ambitious Expansion into Clean Energy: Focusing on Green Hydrogen and Innovation
Key Ideas
- Apollo Green Energy aims to achieve a 1 GW EPC order book by 2026, targeting growth in clean energy sectors like green hydrogen, BESS, and EV infrastructure.
- The company is currently executing over 400 MW of solar power projects in India with a robust order pipeline exceeding ₹3,000 crore, indicating strong market presence.
- Financially, Apollo Green Energy reported a consolidated revenue of ₹72,616 lakh for the financial year 2024-25, showcasing significant growth momentum.
- Through global collaborations, Apollo Green Energy is focusing on driving innovation by partnering with industry leaders to develop green hydrogen production and energy storage solutions.
Apollo Green Energy Limited, a division of the Apollo International Group, has announced ambitious plans for expansion in the clean energy sector. The company aims to achieve a 1 GW EPC order book by 2026, with a focus on diversifying into high-growth areas such as green hydrogen, battery energy storage systems (BESS), and electric vehicle (EV) infrastructure. These strategic moves are part of Apollo Green Energy's long-term growth strategy to become a comprehensive provider of clean energy solutions. With a strong project pipeline and successful execution track record in solar power projects across various Indian states, the company is scaling up operations. Financially, Apollo Green Energy demonstrated robust performance with a consolidated revenue of ₹72,616 lakh for the fiscal year 2024-25. Operating in eight states, the company emphasizes an asset-light and technology-driven business model for capital efficiency and operational scalability. Furthermore, Apollo Green Energy is actively engaged in global collaborations to drive innovation in green hydrogen production and long-duration energy storage solutions. By partnering with international industry players, Apollo aims to accelerate its entry into advanced energy technologies and explore new markets to establish a stronger foothold in the evolving clean energy landscape.
Topics
India
Renewable Energy
Clean Energy
Innovation
Sustainability
Green Technology
Financial Performance
Expansion
Project Execution
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