Recent global events, both related to the pandemic and climate change, have exposed chinks in our present development model and brought to the fore an urgent need to address the United Nations Sustainable Development Goals. We believe that a sustainable energy system is a sine qua non of sustainable development and that India has made significant progress in increasing the share of renewable energy sources in the country’s energy portfolio. India is also aware that further increase in the share of renewables in the electricity mix, requires deep structural changes in regulation and policy, in technology and finance, in skills and in grid management and a general all-round improvement in the entire related ecosystem.
Greenko is leading the digitalization, decarbonization, and decentralization of the Indian energy market and is determined to deliver clean, reliable and affordable power Through its IRESP, Greenko is crafting state-of-the-art solutions by intelligenetly combining the storage and energy generation using solar, wind and hydro to provide RTC power to the grid. The key innovative developments of Greenko will create new value pools by addressing the dilemmas in the Indian Energy Sectors for scheduling of peak and base loads, grid balance, inefficient storage systems and difficulty to switch between sources.
The transformative journey from GKO 3.0 to GKO 4.0 and above has carved the internal operating elements to harness the value pools and has catalyzed a state of ownership in the minds of its stakeholders. Greenko’s DNA and values are providing strategic direction to progress through a changing environment. All these have leveraged Greenko to evolve as a champion in the power sector and Greenko is also keen on distributing its expertise to various stakeholders. Greenko has played a major role in India’s policy framing ecosystems to shape the evolution of RE hybrid energy projects, tariff determination for RE plus storage projects, aiding the inclusion of the definition of ‘storage’ for pumped storage projects to integrate with RE generation.