Renewable Energy Transactions in India

Renewables.digital currently lists 10 renewable energy transactions in India between January 2025 and October 2026, with a combined capacity of 8,530 MW. By technology: Onshore Wind (7), Solar PV (6) and Battery Storage (BESS) (1). The most active companies are ACEN (2), Diamond India Renewables One (2), Inox Clean Energy (2) and ACEN Renewables International Pte. Ltd. (1). The most recent deal is “KPI Green Energy Acquires 507.9 MW Operational Wind Portfolio in Gujarat from Alfanar Group for ~Rs 2,410 Crore” (1 October 2026).

  • 10Transactions
  • 8,530 MWTotal capacity
  • 3Technologies
  • 5With PPA
  • January 2025 – October 2026Period

Key facts

All renewable energy transactions in India

DateTransactionTechnologyCapacityCountryBuyerSeller
KPI Green Energy Acquires 507.9 MW Operational Wind Portfolio in Gujarat from Alfanar Group for ~Rs 2,410 Crore Onshore Wind 507.9 MW India KPI Green Energy Alfanar Group
Blueleaf Energy Acquires 40 MW Operational Wind Farm in Belgavi District, Karnataka, India Onshore Wind 40 MW India Blueleaf Energy –
ACEN Corp. Sells Up to 49% Stake in 100 MW Diyos Wind Project in Karnataka, India to Dutch Investor DIRO Onshore Wind 100 MW India Diamond India Renewables One B.V. (DIRO) ACEN
ACEN Corp. Sells Up to 49% Stake in 250 MWac Tejorupa Solar Project in Rajasthan, India to Dutch Investor DIRO Solar PV 250 MW India Diamond India Renewables One ACEN Corp.
Inox Clean Energy Acquires Vena Energy India's 5.4 GW Solar/Wind and 2.5 GWh BESS Platform from Vena Group Solar PV, Onshore Wind, Battery Storage (BESS) 5,400 MW India Inox Clean Energy Vena Group
Technique Solaire Group Acquires 117.5 MWp Solar Project in Tamil Nadu, India from ReNew Energy Global Solar PV 118 MW India Technique Solaire ReNew Energy
INOXGFL acquires 600 MW Wind World India IPP assets and 4.5 GW O&M portfolio Onshore Wind 600 MW India INOXGFL Group units Wind World India
ACEN Takes Full Ownership of 1,059 MW Renewables Platform in India Solar PV, Onshore Wind 819 MW India ACEN Renewables International Pte. Ltd. UPC Renewables
Statkraft Sells 1.5 GWp Renewable Energy Portfolio in Rajasthan, India to Serentica Renewables Solar PV, Onshore Wind 445 MW India Serentica Renewables Statkraft
Inox Clean Energy acquires ~300 MWp operating C&I solar portfolio from SunSource Energy Solar PV 250 MW India Inox Clean Energy SunSource Energy

Largest transactions by capacity

Most active buyers

#CompanyDeals as buyerCapacityTechnologiesCountries
1 Inox Clean Energy 2 5,650 MW Solar PV, Battery Storage (BESS), Onshore Wind India
2 Diamond India Renewables One 2 350 MW Onshore Wind, Solar PV India
3 ACEN Renewables International Pte. Ltd. 1 819 MW Onshore Wind, Solar PV India
4 INOXGFL Group units 1 600 MW Onshore Wind India
5 KPI Green Energy 1 508 MW Onshore Wind India
6 Serentica Renewables 1 445 MW Onshore Wind, Solar PV India
7 Technique Solaire 1 118 MW Solar PV India
8 Blueleaf Energy 1 40 MW Onshore Wind India

Most active sellers

#CompanyDeals as sellerCapacityTechnologiesCountries
1 ACEN 2 350 MW Onshore Wind, Solar PV India
2 Vena Group 1 5,400 MW Battery Storage (BESS), Onshore Wind, Solar PV India
3 UPC Renewables 1 819 MW Onshore Wind, Solar PV India
4 Wind World India 1 600 MW Onshore Wind India
5 Alfanar Group 1 508 MW Onshore Wind India
6 Statkraft 1 445 MW Onshore Wind, Solar PV India
7 SunSource Energy 1 250 MW Solar PV India
8 ReNew Energy 1 118 MW Solar PV India

Questions & answers

How many renewable energy transactions in India are listed?

Renewables.digital currently lists 10 renewable energy transactions in India between January 2025 and October 2026, with a combined capacity of 8,530 MW.

Who are the most active buyers of renewable energy in India?

Diamond India Renewables One (2), Inox Clean Energy (2) and ACEN Renewables International Pte. Ltd. (1) (number of deals).

Who are the most active sellers?

ACEN (2), Alfanar Group (1) and ReNew Energy (1) (number of deals).

What is the largest of the renewable energy transactions in India?

Inox Clean Energy Acquires Vena Energy India's 5.4 GW Solar/Wind and 2.5 GWh BESS Platform from Vena Group with 5,400 MW (4 June 2026).

Deal summaries

KPI Green Energy Acquires 507.9 MW Operational Wind Portfolio in Gujarat from Alfanar Group for ~Rs 2,410 Crore

1 October 2026 · 507.9 MW · India

KPI Green Energy has agreed to acquire 507.9 MW of operational wind assets in Gujarat, India from Saudi Arabia-based Alfanar Group for an enterprise value of approximately Rs 2,410 crore. The portfolio comprises 301.4 MW held by Alfanar Energy and 206.5 MW by Netra Wind, both backed by long-term SECI PPAs with approximately 21 years remaining. The transaction is expected to close by 28 February 2027.

Inox Clean Energy Acquires Vena Energy India's 5.4 GW Solar/Wind and 2.5 GWh BESS Platform from Vena Group

4 June 2026 · 5,400 MW · India

Inox Clean Energy has signed a definitive agreement to acquire 100% of Vena Energy India from Vena Group, comprising approximately 1 GW of operational capacity, 1.7 GW of advanced-stage solar and wind assets plus 1.2 GWh BESS, and a 2.7 GW development pipeline plus 1.3 GWh BESS. The deal is Inox Clean's tenth acquisition in ten months and will bring its near-operational portfolio to approximately 4 GW.

Technique Solaire Group Acquires 117.5 MWp Solar Project in Tamil Nadu, India from ReNew Energy Global

26 March 2026 · 118 MW · India

Technique Solaire Group has signed a Share Purchase Agreement to acquire a 117.5 MWp (100 MW AC) operational solar project in Tamil Nadu, India from ReNew Energy Global Plc. Commissioned in September 2019, the project operates under a 25-year PPA with TANGEDCO. The transaction is carried out through Technique Solaire's Indian subsidiary JLT Energy 9 and is expected to close subject to customary conditions.

ACEN Takes Full Ownership of 1,059 MW Renewables Platform in India

5 February 2026 · 819 MW · India

ACEN has consolidated its joint venture with UPC Renewables to gain 100% ownership of a 1,059 MWdc renewable energy portfolio in India, alongside a nearly 7 GW development pipeline. The move reinforces ACEN’s long-term commitment to India’s clean energy transition.

Statkraft Sells 1.5 GWp Renewable Energy Portfolio in Rajasthan, India to Serentica Renewables

15 September 2025 · 445 MW · India

Statkraft has signed an agreement to sell its Indian renewable energy portfolio in Rajasthan, totalling approximately 1.5 GWp, to Serentica Renewables. The deal includes the 445 MWp Khidrat solar plant (operational in 2025) and approximately 1,000 MWp of solar and wind projects in various stages of development. The transaction reflects Statkraft's strategic refocus on core markets in Europe and South America.

By technology

Region

Other countries

Most active companies

Directories

Data as of 13 October 2026. The overview covers the transactions currently listed in the Renewables.digital database; each deal links to its original public source.