KP Green Engineering Limited 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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KP Group, the parent of KP Green Engineering Ltd, signed three strategic MOUs with Delta Electronics India, a major power and energy management company. The MOUs cover three areas: 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 to KP Group over the next 12 months for solar projects in India and select overseas markets. KP Group will lead project development, EPC execution, and regulatory work, while Delta will provide core power electronics, energy management systems, EV chargers (AC and DC fast), and post-installation support. The partnership builds on an existing relationship and positions KP Group to expand across storage, hydrogen, and EV charging infrastructure alongside its existing 5.75 GW of renewable assets.
Positive signal for shareholders — a concrete 1 GW inverter commitment from a global player like Delta validates KP Group's project pipeline and strengthens its competitive position in solar, storage, and emerging clean-tech segments, which could support future order book growth.