Sembcorp Expands with Solar-Battery Project in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2024
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Should l Buy ?
Source: Business Insider
Sembcorp's Renewable Energy Initiative: Sembcorp Industries is advancing its renewable energy efforts in India with a 150MW solar and battery energy storage hybrid project, which will increase its capacity to nearly 6GW in India and 16.5GW globally.
Project Timeline and Impact: The project, awarded by the Solar Energy Corporation of India, is expected to be operational within 24 months and represents a significant milestone in Sembcorp's expansion in the renewable energy sector.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
