Energy Storage, Solar, Wind  -  March 21, 2025

SVJN Signs for Solar, Wind, Storage Project

Satluj Jal Vidyut Nigam (SJVN), an Indian public sector company in the Navratna Category, signed a contract to build a 500-MW hybrid megaproject combining solar, wind and energy storage technologies.

The agreement was signed with Zelestra, a global, multi-technology renewable energy company, through a Firm & Dispatchable Renewable Energy (FDRE) contract.

The hybrid multi-technology project will deliver 24/7 clean energy generation ensuring firm generation during peak morning and evening demand hours in Maharashtra, India.

Zelestra will begin work in 2025 on the approximately 250-MWdc solar, 180-MW wind power and 9-MWh battery energy storage system (BESS) that will begin operation in 2027.

The contract will be served by a project to be situated in Solapur, Maharashtra, India, with energy anticipated to come online in 2027.  

The combined annual electricity generation of the projects will be over 815 GWh, which could save around 0.7 million tons of CO2 emissions annually.

“We are very proud of signing this major contract with SJVN,” said Sajay K.V, Chief Executive Officer, Zelestra India, in a statement. "This is a transformational project that will combine solar, wind and battery storage to deliver clean energy at all points of the day in Maharashtra, including the critical peak hours when homes and businesses need reliable electricity the most. This is our first and largest multi-technology project win achieved in a single bid. Leveraging our robust technical expertise, we have intentionally transitioned from pure-play renewable projects to more complex and reliable green power solutions which can address the growing decarbonization demands of industrial units and data centres nationwide.”

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