Skip to site menu Skip to page content

Daily Newsletter

08 July 2025

Daily Newsletter

08 July 2025

ACEN and UPC Renewables announce 540MW clean energy projects in India

The projects are a 420MW solar farm in Rajasthan and a 120MW wind farm in Karnataka.

Shalini Nair July 08 2025

 ACEN and UPC Renewables are developing two clean energy projects in India with a total capacity of 500MW: a 420MW solar farm in Rajasthan and a 120MW wind farm in Karnataka, as reported by PTI via Economic Times.

These renewable energy projects are set for completion by early 2027.

The solar farm in the high-irradiance Barmer region of Rajasthan is projected to produce 767 gigawatt hours (GWh) annually.

The Karnataka wind farm will leverage strong monsoon winds and favourable terrain to deliver 391GWh of renewable energy each year.

Together, the projects will generate 1,158GWh of clean electricity annually, which will power approximately 241,000 homes and 876,000t of carbon emissions each year.

They will create 1,500 green jobs during the construction phase, contributing to local employment and economic development.

Commenting about the collaboration with UPC Renewables, ACEN International CEO and group chief investment officer Patrice Clausse stated, "Our enduring partnership with UPC Renewables has been instrumental in enabling disciplined capital deployment across high-potential markets like India."

UPC Renewables chairman and group CEO Brian Caffyn stated:  "Following the successful deployment of 630 MWp of solar capacity in India, this next phase further strengthens our trusted partnership with ACEN and the excellent team in India driving this vision forward."

This latest development comes as India's power sector has seen growth, with total installed capacity increasing from 305GW in 2015/16 to 476GW by June 2025.

Official figures released on 22 June 2025 highlight strong expansion driven by rising demand and supportive policies for conventional and renewable energy sources.

Electricity generation in India has also grown from 1,168 billion units (BU) to an estimated 1,824 BU during 2024/2025. Power shortages have decreased from 4.2% in 2013/14 to just 0.1% in 2024/25, and 20 million households have gained access to electricity.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close