Enfinity Global Secures Connectivity for 2GW of Solar and Wind Projects

Enfinity Global receives transmission connectivity for 2 GW renewable energy projects in India.
New Delhi, India; January 30, 2025-New Delhi, USA: Enfinity Global, Inc. (Enfinity Global) today announced that it has secured transmission connectivity for the evacuation of electricity from 2 GW utility-scale solar and wind projects spread over multiple states in India. It is likely that the power shall be supplied to government utilities as well as to C&I customers with clean electricity. Projects are located in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka.

The 2 GW portfolio will produce enough electricity that will power about 4.7 million homes per year and also do its bit in environmental sustainability by preventing 49 million metric tonnes of CO₂ emissions, according to Enfinity Global.

Enfinity Global's CEO Carlos Domenech said, "Our strategic approach is to combine our global presence with strong local capabilities to serve long-term energy needs efficiently.".

The company will initiate the development of over 1 GW of projects in 2025, mainly in Maharashtra and Karnataka, under the banner of a much larger portfolio of 3.3 GW of renewables across India, right after the grant of connectivity here.

India Enfinity Global Renewables Portfolio The Enfinity Global renewable portfolio across India aggregates to 3.3 GW and comprises:

Already operational- 240 MW
Connectivity is granted to- 2 GW
In different levels of new solar PV, wind, energy storage-1 GW
Within the next three years, the firm will construct and energize renewable power plants generating more than 5 GWh of electricity annually. This shall include signing PPAs with C&I customers to ensure that a steady supply of clean energy enters their business.

Cooperation with Financial Partners
Aggressive collaboration with the national and international financial institutions is carried out by Enfinity Global to support the execution of its renewable projects in India. Capital investments are matched in strategic collaborations so that the company may ensure the smooth execution of its projects in time.

Global Footprint and Expansions
As of 2019, Enfinity Global has rapidly scaled up the presence in multiple continents. Its renewable energy and storage portfolio covers 32.1 GW with operational, under construction, and development assets. Additionally, Enfinity Global is in negotiations for another 37 GW of pipeline projects across the United States, Europe, Japan, and India.

This robust foundation in the global renewable energy market is being leveraged to play a meaningful role in the transition of India towards clean energy, reducing its reliance on fossil fuels, and moving forward with sustainable energy solutions.

Key Benefits of the 2 GW Renewable Projects
The portfolio will avoid 49 million metric tonnes of CO₂ emissions, reducing India's carbon footprint.
Energy Security: Produce renewable energy, and thus, electricity to be utilized by around 4.7 million new homes. This reduces the dependency on fossil power resources
Economic Growth Huge investments in renewable energy create hundreds of thousands of jobs and puts much-needed money back into local economy
C&I Sector growth The project enables the companies to sit on a mountain of reliable low-cost sources of renewable energy hence helping India's industrial sector in their decarbonization efforts
India has been pushing the transition to renewable energy very aggressively; it indeed has taken on a climate commitment of having 500 GW of nonfossil fuel capacity by 2030. India focused on solar and wind energy as well as long-duration energy storage solutions, and it will join the rest of the world in its effort to mitigate climate change.

Ensuring the transmission connectivity to 2 GW of solar and wind energy by Enfinity Global will make India a forerunner of the world countries in adopting renewable energy.

Conclusion and Future Outlook
More aligned for near-term expansion and would be a very aggressive player in the transition of India in green energy, Enfinity Global has been more focused on serving the long-term goal of bringing down carbon emissions for the country by concentrating more on sustainable power solutions, financial partnerships, and large-scale renewable projects hence developing the security in the energy sector as well.

With rapidly rising investments from global players, Indian renewable energy now seems all set for staggeringly giant expansion. Commitment to the expansion in the portfolio by Enfinity Global would speed the country along the path of a low-carbon economy as it works on making businesses and households better at cleaner power.

Source: Enfinity Global Inc.