Suzlon and Axis MoU with Andhra Pradesh for 4GW of solar, wind and hybrid projects

Facebook
Twitter
LinkedIn
Reddit
Email
Suzlon, Axis and Andhra Pradesh chief minister sign the MoU. Credit: N. Chandrababu Naidu

India-based renewable energy firms Suzlon Energy and Axis Energy Group have signed a provisional agreement with the Indian state of Andhra Pradesh to develop up to 4GW of solar, wind and hybrid renewable energy projects.

The projects will be set up in the Anantapur and Nellore districts over the next five years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Andhra Pradesh chief minister N. Chandrababu Naidu said the projects will create 8,000 jobs in the state as well as 25,000 indirect jobs.

A Suzlon spokeswoman confirmed the memorandum of understanding but was unable to provide detail on what proportion of the 4GW will be in solar.

In November, Trina Solar, part of PV Tech’s ‘silicon module super league’, signed a provisional agreement to build a new PV manufacturing plant in Andhra Pradesh. Naidu revealed that the deal would be worth INR2,800 crore (US$422 million) and employ some 3,500 workers.

Also in November, renewable energy firm SunEdison won 500MW of solar capacity in a solar park under the National Solar Mission (NSM) auction in the state, quoting a record low tariff of INR 4.63/kWh (US$0.071).

Read Next

July 8, 2025
German solar glass manufacturer Glasmanufaktur Brandenburg (GMB) has filed for insolvency after posting monthly losses of €900,000 this year.
July 8, 2025
Energy consultancy JMK Research has forecast 28.3GW of utility-scale and residential solar PV to be installed in India during fiscal year 2026.
July 8, 2025
SJVN Green Energy has commenced commercial operations of 100.02MW from its 1,000MW solar power project in Bikaner, Rajasthan.
July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
July 2, 2025
Indigenous-led renewable energy company Yindjibarndi Energy Corporation (YEC) has submitted plans for a hybrid wind and solar PV renewable energy project to the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act.
June 27, 2025
Indian solar manufacturer Premier Energies has commissioned its 1.2GW TOPCon solar cell manufacturing line at Fab City, Hyderabad, Telangana.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK