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India-based business conglomerate Sanmar Group has acquired a majority stake in renewable energy platform AltEons Energy, investing an undisclosed sum to support the development of more than 1.5GW of renewable energy projects across India.
The collaboration will focus on delivering cleaner power solutions for corporate and industrial customers.
AltEons Energy is expanding its integrated platform, combining solar, wind, energy storage and energy management technologies to provide clients with round-the-clock renewable power.
Its current pipeline includes a 210MW hybrid project under construction in Maharashtra featuring wind, solar and battery energy storage systems (BESS).
This project aims to meet the rising energy requirements of businesses operating in the state.

#energy #India
2 months ago

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