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KPI Green Energy is forming a strategic partnership with UAE-based Fabtech Group to develop green-energy powered life sciences projects on a global level.
KPI Green Energy builds solar and hybrid renewable energy power plants. While Fabtech Group is an engineering company that provides start-to-finish solutions for biopharma and healthcare projects.
The deets: under the partnership, KPI Green Energy will provide solar, wind energy, Battery Storage Energy Systems (BESS), and green-hydrogen based power to Fabtech’s projects. These projects will span across India, Middle East, and Africa.
Why this matters: the healthcare sector is responsible for 5% of global greenhouse gas emissions. With partnerships like these, the emissions could be brought down without compromising the continuous supply requirement.
Moreover, KPI Green Energy recently received regulatory approval to produce clean electricity worth 40.96 MW through its power-production arm.
