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AMPIN Energy Transition
Indian renewable energy company From Wikipedia, the free encyclopedia
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AMPIN Energy Transition (Pvt.) Ltd. (AMPIN or AET) is an Indian renewable energy company that develops, owns, and operates solar, wind, and hybrid power projects for both utility-scale and commercial-and-industrial (C&I) customers. As of 2025, it had a 5 GW portfolio across 22 Indian states, with plans to reach 10 GW in operating capacity and a 25 GW project pipeline by 2030.[2]
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History
AMPIN was incorporated in 2016 and operated under the name AMP Energy India until it rebranded to AMPIN Energy Transition in 2022.[3]
In 2023, the company announced a ₹3,100-crore investment plan in eastern India to build more than 600 MW of renewable capacity and a 1.3 GW solar cell and module manufacturing facility.[4]
In 2024, the company reached financial closure for a 200 MWp solar-wind hybrid project in Rajasthan.[5]
In the same year, it expanded its partnership with Copenhagen Infrastructure Partners to jointly develop large-scale renewable energy projects in India.[6]
In September 2024, Japan’s Sumitomo Corporation acquired a 49% stake in a joint venture with AMPIN to develop C&I renewable energy projects in India, marking its entry into the Indian market.[7]
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Operations
The company develops projects under cluster-based development strategies in multiple states. These include solar, wind, hybrid, and battery energy storage solutions. AMPIN’s customers span utilities, commercial and industrial enterprises, and government bodies.[3]
List of State-wise capacity
As of August 2024, AMPIN Energy Transition has approximately 4 GWp of portfolio across 21 Indian states, with a 2030 target of 25 GW total capacity.[3][8]
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Major projects
Strategic partnerships
Sumitomo Corporation
In 2024, Entered a joint venture with AMPIN Energy Transition by acquiring a 49% stake.The collaboration focuses on developing commercial and industrial (C&I) renewable energy projects in India.[11]
Copenhagen Infrastructure Partners
In 2024, Expanded partnership with AMPIN Energy Transition. Focus on co-developing large-scale renewable energy projects across India.[12]
Siemens Financial Services
In 2025, Invested $50 million in equity funding. Raised AMPIN’s total equity base to $700 million.[13]
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Financials
In FY 2024–25, AMPIN raised US$50 million from Siemens Financial Services, bringing its total equity capital base to approximately US$700 million.[14]
Awards
- Awarded Best Solar Initiative at the ET EnergyWorld Rajasthan Business Awards 2024.[15]
- Won the Utility-Scale Solar Developer award at the Mercom India Renewable Industry Awards 2024.[16]
- Recognized as a top Utility-Scale Developer at the Mercom India Renewable Industry Awards 2023.[17]
- Honored for excellence in solar project development at the Mercom India Solar Awards 2022.[18]
- Recognized as a leading renewable energy developer at the Renewable Energy India (REI) Awards.[19]
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See also
References
Further reading
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