K.P. Energy Limited has informed the Exchange regarding 'Press Release titled KP Group and Delta Electronics India Sign Strategic MOUs to Power India s Green Energy Transition .
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K.P. Energy Limited announced that its parent KP Group has signed three Memoranda of Understanding with Delta Electronics India covering Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters. Under the inverter MoU, Delta will supply approximately 1 GW of next-generation grid-connected solar inverters over the next 12 months for KP Group's upcoming solar projects across India and select overseas markets. KP Group will lead project development, EPC execution, and regulatory coordination, while Delta will provide power electronics, design support, and after-sales services. The partnership also targets joint development of green hydrogen refueling stations, EV charging hubs, and large-scale energy storage projects in India and abroad. KP Group already has over 5.75 GW of solar, wind, and hybrid assets developed across its listed platforms.
This is a positive development for shareholders — it secures a strong global technology partner for KP Group's near-term project pipeline, including a concrete 1 GW inverter supply commitment, and opens new growth avenues in energy storage, green hydrogen, and EV charging. The expanded collaboration could strengthen order book visibility and support premium valuations tied to KP Group's clean energy expansion.