Serentica Renewables has inked a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 MW round-the-clock (RTC) project. As part of this agreement, Serentica Renewables must fulfill 80 percent of the specified hourly demand each month. The load obligations will vary from 17 MW during low-demand hours to 100 MW during peak demand.
Furthermore, to fulfill this requirement, the company will utilise a combination of wind and solar capacities backed with battery energy storage systems. The project is anticipated to deliver over 400 GWh of clean energy each year.
Earlier this month, Serentica Renewables inked agreements to acquire the Indian solar business of Statkraft, which consists of a 445 MWp operational solar plant at Bikaner and 1 GWp of development assets across Rajasthan.
Furthermore, in the same month, Serentica Renewables invited expressions of interest from infrastructure and construction partners to support wind project execution across sites in Andhra Pradesh, Karnataka, and Maharashtra.
