Serentica Renewables has entered into an agreement with Greenko Group to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India.
Serentica will leverage Greenko’s energy storage capacity from its upcoming Off Stream Closed Loop Pumped Storage Projects (OCPSP) at Pinnapuram in Andhra Pradesh and Gandhi Sagar in Madhya Pradesh. This arrangement will enable Serentica to deliver round-the-clock, and dispatchable renewable energy to its various industrial clients.
Serentica has entered into three long-term Power Purchase Agreements (PPAs) and is in the process of developing ~1,500 MW of solar and wind power projects across various states including Karnataka, Rajasthan, and Maharashtra.
Serentica’s medium term goal is to install 5,000 MW of carbon-free generation capacity coupled with…
Serentica to source 1500MWhr energy storage from Greenko
