Radiance Renewables and PIDG form joint venture Radiance InfraCo Renewables to develop 87 MWp Korwar solar plant in Karnataka

Type: Partnership · Technology: Solar · Country: India · Capacity: 87 MW · Announced: 2026-06-24

Radiance Renewables and the Private Infrastructure Development Group (PIDG) have formed a joint venture called Radiance InfraCo Renewables. The JV will develop and operate the 87 MWp Korwar solar project in Karnataka, India. The plant adds to India's clean‑energy capacity and is slated for commissioning in 2026. The partnership aligns with both parties’ strategies to expand renewable portfolios in South Asia. The JV also includes social initiatives such as training women in solar repair in Tamil Nadu. No financial terms or advisors were disclosed.

Analysis

Radiance Renewables and the Private Infrastructure Development Group (PIDG) have formed a joint venture called Radiance InfraCo Renewables to develop and operate the 87 MWp Korwar solar project in Karnataka, India, which is slated for commissioning in 2026. Radiance Renewables is a leading renewable energy developer in India's Commercial & Industrial (C&I) sector, providing green energy solutions through Open Access and Behind the Meter models. The joint venture will add to India's clean-energy capacity and includes social initiatives such as training women in solar repair in Tamil Nadu. The partnership was announced on 2026-06-24. No financial terms or advisors were disclosed for the joint venture.

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