KPI Green Energy's share price rose, driven by the announcement of three strategic MOUs with Delta Electronics India. The collaboration covers high-impact areas, including Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverters.
KPI Green Energy's share price had rallied by about 2%, trading at 513.50 as of 2:02 PM on June 6, 2025. The stock gained following a key development announced by KP Group in a press release, where it mentioned signing three strategic Memoranda of Understanding (MOUs) with Delta Electronics India, a leading provider of energy and power management solutions. This collaboration spans three high-impact areas: Battery Energy Storage Systems (BESS), Green Hydrogen and EV Charging Infrastructure, and Solar PV Inverter.
Delta Electronics India and KP Group already share a long-standing relationship. The newly signed MOUs deepen this collaboration and provide a structured framework to accelerate renewable energy and clean technology deployment at scale.
In view of India’s growing need for energy storage to support renewable integration and ensure grid stability, the BESS MOU outlines a detailed framework for developing and deploying scalable BESS projects.
KP Group will play a central role in project development, site integration, and regulatory coordination to accelerate the deployment of battery energy storage solutions. KP Group will be leveraging its proven expertise in engineering, procurement, and construction (EPC), with a strong track record in renewable project execution across India.
As KP Group’s strategic technology partner, Delta will supply key power electronics, including inverters and energy management systems, along with design, integration, and commissioning support. Delta will provide BESS Solutions for advanced grid support features (e.g., voltage/frequency ride through, reactive power support, low harmonic distortion), Integrated smart monitoring and remote diagnostics for proactive maintenance. Delta will also offer post-installation services, including maintenance training, remote monitoring, and long-term operational support. These products will be future-ready design with compatibility for hybrid (solar + storage) configurations. Together, they will jointly deliver energy storage projects in India and potentially overseas markets.
In a forward-looking step toward clean mobility, this second MOU focuses on integrated green hydrogen refueling and EV charging infrastructure. KP Group will lead the development of green hydrogen production plants powered by renewable energy. Delta will contribute critical technology including energy management systems, hydrogen compression and dispensing components, as well as EV charging hardware and software, such as power management, compression, and dispensing technologies), and integrated energy management systems.
The two companies will jointly design and implement green hydrogen stations and EV charging hubs across India. Delta shall supply EV chargers, including AC and DC fast chargers, energy management systems, and software platforms for real time monitoring and billing. Additionally, the collaboration will focus on Skill, with Delta also training KP Group teams for safe and efficient station operations.
Under the solar PV inverter agreement, Delta will supply approximately 1 GW of next-generation grid-connected solar inverters over the next 12 months for KP Group's upcoming solar projects across India and selected overseas markets. These next-generation inverters will offer high efficiency, built-in grid-support functionalities, and onboard smart monitoring with remote diagnostics. They are future-ready, supporting both solar-only and hybrid (solar + storage) configurations.
Delta will ensure strong after-sales support through preventive maintenance, rapid troubleshooting, spare parts support, and technical training tailored for KP Group’s operational teams. The two companies will also conduct regular joint technology workshops to ensure alignment with Delta’s latest innovations.
Disclaimer: The article is for informational purposes only and not investment advice.
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