Vector Green and Evergreen Power to Develop 300MW Wind Projects in India

Vector Green Energy Pvt Ltd (Vector Green) along with Evergreen Power Mauritius Pvt Ltd (Evergreen Power) will develop around 300 MW of wind power projects in India. Vector Green is a renewable focused Independent Power Producer (IPP). Evergreen Power is a development centric renewable energy platform involved in developing, constructing and managing renewable, including wind, solar, hybrid and battery storage projects. It has its project footprint in the USA and India. With this partnership, Vector Green intends to significantly expand its wind footprint capitalising on the re-emerging wind opportunity.

Vector Green has 650 MW of operating renewable capacity of which currently only 23 MW is wind, and is developing an additional 90MWp of solar in Gujarat. Evergreen Power has recently been awarded Power Purchase Agreements (PPAs) under the auction conducted by SECI (Solar Energy Corporation of India) and is also developing a pipeline of another 250MW. The brands also agreed to explore expansion of the partnership beyond this initial wind capacity.