Delta Electronics and KP Group Collaborate on Green Energy Solutions in India
Key Ideas
- KP Group and Delta Electronics signed multiple MoUs focusing on battery energy storage systems, green hydrogen, EV charging infrastructure, and solar inverters.
- Delta will supply 1 GW of solar inverters for KP Group's upcoming projects, supporting standalone and hybrid systems with advanced features.
- The collaboration aims to develop green hydrogen production units, EV charging stations, and scalable energy storage projects across India and globally.
- Both companies will offer post-installation services like training, maintenance, and spare part supply to ensure the success of the projects.
Delta Electronics and KP Group have entered a strategic collaboration to enhance green energy solutions in India. The partnership includes agreements targeting various aspects of renewable energy and sustainable mobility. KP Group will lead the development of battery energy storage systems (BESS) projects, while Delta Electronics will provide critical components like inverters and energy management systems. The companies aim to deploy energy storage projects in India and explore opportunities in global markets. Additionally, the collaboration focuses on green mobility, with plans to establish green hydrogen production units powered by renewable energy, supply hydrogen compression and EV charging technologies, and develop hydrogen refueling and EV charging stations across India. Delta will also supply 1 GW of solar PV inverters for KP Group's solar projects, supporting both standalone and hybrid systems with high efficiency and grid support features. The partnership extends to post-installation services, including training, maintenance, and spare part supply. The companies emphasize the importance of co-creating innovative solutions for India's energy independence and a cleaner, more sustainable future. Niranjan Nayak from Delta Electronics highlighted the commitment to delivering top-notch technology and support, while Faruk Patel from KP Group expressed the joint effort in shaping a greener tomorrow. KPI Green Energy, a subsidiary of KP Group, focuses on solar and hybrid power plant development and operation, contributing significantly to the company's financial growth as evidenced by a surge in net profit and total income in the latest financial quarter.