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Sembcorp Expands Solar-Energy Storage Projects in India

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Sembcorp Expands Solar-Energy Storage Projects in India

Confident Investing Starts Here:

Sembcorp Industries ( (SG:U96) ) has shared an announcement.

Sembcorp Industries has secured a 150MW solar power project with a 300MWh Battery Energy Storage System in India, marking its second solar-energy storage hybrid project in the country. This project, part of SJVN Limited’s larger tender, will enhance Sembcorp’s renewables capacity in India to 6.3GW. Although the project will not materially impact Sembcorp’s financials for 2025, it signifies the company’s ongoing commitment to expanding its renewable energy footprint.

The most recent analyst rating on (SG:U96) stock is a Buy with a S$7.49 price target. To see the full list of analyst forecasts on Sembcorp Industries stock, see the SG:U96 Stock Forecast page.

More about Sembcorp Industries

Sembcorp Industries is a Singapore-based company operating in the renewables sector through its subsidiary, Sembcorp Green Infra Private Limited. The company focuses on solar power projects and energy storage solutions, with a significant presence in India and a global renewables portfolio of 17.7GW.

Average Trading Volume: 4,082,662

Technical Sentiment Signal: Buy

Current Market Cap: S$11.94B

See more data about U96 stock on TipRanks’ Stock Analysis page.

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