Kosol Energie, an Indian solar manufacturer and EPC firm, has committed Rs 90,000 crore in renewable energy projects through a memorandum of understanding (MoU) signed at the Vibrant Gujarat Global Summit 2026.

The agreement, which was signed in the presence of Prime Minister Narendra Modi and Gujarat Chief Minister Bhupendra Patel, focuses on solar manufacturing, green hydrogen, and green ammonia projects. As part of the MoU, Kosol will establish solar module manufacturing facilities, research and development centres, large renewable energy parks, and integrated green energy ecosystems in Gujarat. The projects are expected to generate over 100,000 direct and indirect work opportunities strengthening Gujarat's position as a renewable energy hub.

Kalpesh Kalthia, Chairman and Managing Director of Kosol Energie, emphasised, "Kosol sees renewable energy as a key driver of energy security and economic growth." This investment aligns with India's clean energy targets, which include reaching 500 gigawatts of non-fossil fuel power capacity by 2030.