Jul 2, 20201 min read

Renewable's Italian Giant ENEL In Asia Breakthrough With Major India Tender Win

ENEL announced its first solar plant in India – and a huge expansion of its footprint in Asia – after emerging as one of the winners of the nation's latest 2GW auction that’s said to have produced record-low bids.

The Italy-Based Global Renewable Energy Giant said it won a 420MW deal to build a PV plant in Rajasthan in the ninth tranche of the PV programme run by the Solar Energy Corporation of India (SECI), which runs tenders for the Indian government.

“This new tender award is testament to Enel Green Power’s continuous commitment to expand its clean, sustainable energy footprint, with the aim to move forward along the Enel Group’s path towards full decarbonization,” said Antonio Cammisecra, CEO of Enel Green Power. “India represents an important market in strategic geography for our company, as it boasts a wealth of renewable resources and a highly competitive environment coupled with growing energy demand. We are proud to strengthen our presence in India with our first solar project, as we continue to contribute to the achievement of the country’s sustainable energy goals while providing clean energy with the most innovative technologies.”