Serentica Renewables to establish 10GW renewable energy projects

The  target is to achieve 72 GW of renewable energy capacity by 2030 in Andhra Pradesh. This approach by Serentica will contribute towards the state’s green vision. Through this 10 GW commitment, Serentica aims to establish a foundation for sustainable industrial growth in the region.

Serentica Renewables announced its plans to establish renewable energy projects with a combined capacity of 10 gigawatts (GW) in Andhra Pradesh. This initiative underscores the company’s commitment to supporting India’s clean energy goals and fostering sustainable growth in the region.

The target is to achieve 72 GW of renewable energy capacity by 2030 in Andhra Pradesh. This approach by Serentica will contribute towards the state’s green vision. Through this 10 GW commitment, Serentica aims to establish a foundation for sustainable industrial growth in the region.

Commenting on this initiative,Pratik Agarwal, Chairman of Serentica Renewables, stated, “Andhra Pradesh holds immense renewable energy potential, and the 10GW commitment is a bold step toward unlocking it. Therefore, this project will provide reliable, round-the-clock green power, supporting both regional growth and India’s vision for a sustainable, energy-secure future.”

Akshay Hiranandani, CEO of Serentica Renewables, added, “Our 10GW development to build this project shows the proven track record of executing complex renewable projects. We are combining solar, wind, and storage technologies to develop Round-the-Clock projects to ensure green power on 24×7 basis.”

Serentica Renewable’s 10GW renewable energy project is set to be a cornerstone in Andhra Pradesh’s renewable driving towards regional development while contributing to India’s national goal for achieving 500 GW of renewable energy carbon reductions by 2030. Serentica’s target is to develop 17GW of Round the Clock renewable projects with 5,000 MWh of storage by 2030, of which 4GW will be operational by 2025 to meet the round-the-clock green energy needs of its customers. The company has also collaborated with Greenko Group for an energy storage capacity offtake contract, utilising 1,500 MWhr from upcoming projects in Andhra Pradesh and Madhya Pradesh and supplemented by 3,500 MWh of battery storage. With a vision to deliver 50 billion units of renewable energy annually by 2030 and cut carbon emissions by 47 million tonnes, Serentica is dedicated to leading India’s renewable energy sector and fostering a sustainable industrial future.