L&T Expands Green Energy Portfolio: Partnerships in Concentrated Solar Power and Thermal Energy Storage
Larsen & Toubro (L&T) is expanding its presence in the green energy sector through two key partnerships. L&T Energy Green Tech Limited has signed an MoU with John Cockerill Energy to explore Concentrated Solar Power and Thermal Energy Storage technologies. The collaboration aims to combine L&T's manufacturing and EPC expertise with John Cockerill's energy transition solutions. L&T is also exploring other green power technologies, including hydrogen production, to support India's transition towards cleaner energy sources.

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Larsen & Toubro (L&T), a leading Indian multinational conglomerate, is making significant strides in the green energy sector with two strategic partnerships aimed at advancing sustainable energy solutions. The company's recent moves underscore its commitment to expanding its capabilities in renewable energy and energy storage technologies.
Collaboration with John Cockerill Energy
L&T Energy Green Tech Limited (LTEGL), a wholly-owned subsidiary of L&T, has signed a Memorandum of Understanding (MoU) with John Cockerill Energy to explore various technologies in Concentrated Solar Power (CSP) and Thermal Energy Storage (TES). This partnership, announced on March 24, 2025, aims to identify and develop strategic collaboration opportunities in manufacturing, component supply, and engineering solutions critical to the successful implementation and deployment of CSP and TES projects.
Mr. Subramanian Sarma, Whole-time Director & President (Energy) at L&T, emphasized the company's commitment to accelerating the adoption of next-generation green energy technologies. He stated, "Ensuring round-the-clock availability of renewable power is crucial for driving the global energy transition. Our collaboration with John Cockerill marks a significant step in this direction, combining L&T's end-to-end expertise in manufacturing, EPC and services with John Cockerill's global leadership in energy."
Advancing Sustainable Energy Solutions
The partnership between LTEGL and John Cockerill is expected to leverage the strengths of both companies:
- L&T's Expertise: End-to-end capabilities in manufacturing, EPC (Engineering, Procurement, and Construction), and services.
- John Cockerill's Experience: Over 200 years in energy and industry, with innovative technological solutions contributing to the energy transition.
Mr. Derek Shah, Sr. Vice President & Head of L&T Energy - Green Mfg. & Development, highlighted the significance of this collaboration, saying, "Partnering with John Cockerill and leveraging its expertise in CSP and TES technology allows us to integrate advanced energy storage solutions with our robust engineering and manufacturing capabilities. By leveraging these synergies, we aim to accelerate the deployment of green RTC power generation, driving the shift towards a greener, more sustainable energy future."
Focus on Green Power Technologies
In addition to the partnership with John Cockerill Energy, L&T is also exploring other avenues in green power technologies. The company has expressed interest in expanding its capabilities in renewable energy and energy storage solutions, potentially focusing on areas such as hydrogen production and other eco-friendly power generation methods.
These strategic moves align with L&T's broader vision of contributing to sustainable development and supporting India's transition towards cleaner energy sources. As global demand for renewable energy solutions continues to grow, L&T's partnerships and investments in green technologies position the company as a key player in the evolving energy landscape.
As these collaborations unfold, stakeholders will be watching closely to see how L&T leverages these partnerships to drive innovation and growth in the renewable energy sector, potentially reshaping the future of energy production and storage in India and beyond.
Historical Stock Returns for Larsen & Toubro
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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