CIP, Amp Energy to develop 1.7GWp of renewables in India

By Charlie Duffield
Facebook
Twitter
LinkedIn
Reddit
Email
The portfolio will consist of both utility as well as commercial and industrial projects. Image: Amp Energy India via Twitter.

Danish investment firm Copenhagen Infrastructure Partners (CIP) has signed an agreement with Amp Energy to enable the addition of 1.7GWp of renewables projects in India.

The portfolio, consisting of both utility as well as commercial and industrial (C&I) installations, comprises around 900MWp in late-stage projects, including both solar as well as solar/wind hybrids, and an additional 800MWp of projects in earlier stages of development.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

CIP, though its Copenhagen Infrastructure New Markets Fund I (CI NMF), will commit US$100 million. The agreement with Amp Energy India will enable joint investments of more than US$200 million, with the potential for expansion in the future.

This transaction is CI NMF’s first investment in the Indian renewable energy market and its largest commitment since its establishment in 2019.

Pinaki Bhattacharyya, CEO of Amp India, said: “CIP is the world’s leading renewable energy-focused infrastructure fund manager and their significant domain expertise is a strong value addition, in addition to being a capital partner.

“Both will be critical to success as we diversify our portfolio to include solar, wind and hybrid in moving towards providing dispatchable clean energy to our C&I and utility customers. This is a key milestone as we march towards our goal of creating the first truly balanced and complete renewable power producer with a 5GWp target”.

Niels Holst, partner and head of CI NMF, commented: “As one of the world’s most dynamic and competitive renewable energy markets, India is a key focus for CI NMF and we are delighted to take this first important step together with a great partner in Amp, who combine an excellent track record and shared values in developing and realising projects.”

Read Next

September 8, 2025
Vikram Solar has won a 336MW module supply agreement from L&T Construction for the 2.3GW Khavda solar park in Gujarat. 
September 8, 2025
ClearGen has entered into a US$150 million partnership with Davis Hill to build 245MW of community and commercial solar projects in the US.
September 4, 2025
India’s Goods and Services Tax (GST) Council, the joint forum of the Centre and States, has reduced the GST rate on renewable energy components from 12% to 5%. 
September 4, 2025
Indian solar manufacturer Waaree Energies has acquired a 64% equity stake in power transformer manufacturing company Kotsons.
September 3, 2025
India has added 2.8GW of rooftop solar in H1 2025, a 158% year-on-year surge from just 1.1GW in the same period last year.
September 2, 2025
SMA Solar has forecast financial losses and further restructuring measures in 2025, as it responds to falling sales and a “challenging” market for residential and commercial renewable energy installations.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines