ArcelorMittal’s major renewable energy venture, a 1GW solar and wind project located in Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India, ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.
The USD 0.7bn project—developed, constructed and commissioned by AM Green Energy—is expected to reduce AM/NS India’s carbon emissions by 1.5 million tonnes per year, supporting AM/NS India’s target to reduce the carbon intensity of the steel it produces by 20% by 2030 (against a 2021 baseline).
The India renewables project has been developed as a hybrid project, integrating the 1GW of solar and wind capacity with a third-party hydro pumped storage solution (currently under testing and scheduled for commissioning by June 2025), ensuring the project will ultimately deliver at least 250MW of round-the-clock power—critical for continuous energy production. It will provide over 20% of the existing energy requirements at AM/NS India’s steel plant in Hazira, Gujarat.
Now fully commissioned and running at nameplate capacity, c. 1.5 million solar panels and 91 wind turbines will generate 2.5 billion kilowatt-hours (kWh) of power annually, equivalent to powering nearly 10 million Indian households.