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Apollo Green Energy Expanding Into Green Hydrogen and Battery Storage

Publish Date : 06 Jun 2025

Apollo Green Energy Accelerates Green Expansion with Growth Targets

Strong FY25 performance: The company reported a net profit of ₹44.36 crore on revenues of ₹726.16 crore for the fiscal year ending 2025, and has recommended a 15% dividend for shareholders.

Solar capacity: Apollo currently operates over 400 MW of solar installations across various Indian states.

1 GW EPC goal by 2026: The firm aims to build a 1 GW order book for Engineering, Procurement & Construction (EPC) projects by 2026, driven by an asset-light, tech-focused model.

Clean-tech diversification: Apollo is expanding into green hydrogen, battery energy storage systems (BESS), and EV infrastructure, while exploring partnerships for long-duration storage projects

Major project portfolio:

EPC projects with NHPC in Odisha (40 MW fixed), Kerala (50 MW floating), and Gujarat (200 MW tracker systems)

A ₹700 crore flue gas desulphurization (FGD) project in Anuppur

Over 150,000 solar streetlights installed in Bihar

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