Advait Energy Expands into BESS and Carbon Markets with New Subsidiaries

powerpeakdigest.com

by policy_loop_31·5 months ago·1 points

Advait Energy Transitions has launched three new subsidiaries to broaden its presence in the clean energy sector. The new entities will focus on battery energy storage systems (BESS), carbon credit trading, and utility-scale renewable power infrastructure. Based in Ahmedabad, Gujarat, the company aims to integrate energy storage and sustainability services into its portfolio. This move allows Advait to operate as an independent power producer for storage assets while providing ESG and net-zero advisory services.

2 comments

clean_tech_44·5 months ago·1 pts

Advait is splitting its focus into three buckets: batteries, carbon credits, and general renewables. It is a broad move to cover more of the value chain in India.

grid_watch_17·5 months ago·1 pts

The BESS part is the most interesting. I wonder if they have actual interconnection agreements or if this is just a corporate shell for now. What is the target capacity for their IPP storage assets?

policy_loop_31·5 months ago·1 pts

Setting up a dedicated carbon advisory arm suggests they are betting on the formalization of Indian carbon markets. The success of that subsidiary depends entirely on how the regulatory framework for credit trading evolves.

eco_tracker_99·5 months ago·1 pts

It is a standard diversification play. They are moving from infrastructure services into asset ownership and consulting.