Once fully commissioned, this will be one of the largest open-access solar power projects in the state.
In a ceremony held at the project site, SHV Energy CEO Bram Graber (photo: middle) inaugurated the 15 MWp first phase by unveiling a plaque in the presence of Ajay Kumar, Board Member at SunSource Energy, SHV Energy's Lukas Gresnigt, Director Renewable Solutions; Kushagra Nandan (photo: left), Co-Founder and Managing Director of SunSource Energy; and Adarsh Das (photo: right), Co-Founder, and CEO, SunSource Energy.
Bram Graber said: “We are here to support the energy transition of our customers and are excited to be part of the solar energy revolution in India. The setting up of the project is in alignment with our long-term commitment to the country. I am pleased that I was able to be present at this important event. As one of the largest open-access solar projects in Uttar Pradesh, this plant will be a major step forward for the state’s industries, as they look for clean power to support their existing and future operations.”
Co-Founder and Managing Director, SunSource Energy, Kushagra Nandan, said: “This project is yet another step towards fulfilling our commitment to providing affordable and reliable solar power to our clients and support India’s clean energy goals."
“We are excited to begin the first phase of this project, which will support Uttar Pradesh’s growth ambitions sustainably. I would like to thank the Government of Uttar Pradesh and the local communities for their support and cooperation in helping us commission this key project," said Adarsh Das, Co-Founder and CEO, SunSource Energy.
The 45 MWp project is being built on 164 acres of land and utilizes transmission lines of 40 kilometres to connect to the grid. The first phase has been built across 64 acres of land and connects to the state grid via a 16 kilometre transmission line. The land used in the development of this project has been leased from multiple local owners, creating a steady cash flow stream to the local communities for more than two decades without displacing their existing source of income or changing land ownership patterns.
With the commissioning of the first phase, SunSource will supply clean and reliable power via the state’s power grid to leading corporations in the state, including Taj Hotels and a Coca-Cola bottling plant. The project will offset over 1,500 million kilogram of CO2 emission over its technical lifetime.
Uttar Pradesh, India’s most populous state, is emerging as one of the country's fastest-growing economies in recent years. The state accounts for a tenth of the country’s overall power demand. During the last decade, its peak electricity demand has more than doubled and is expected to grow significantly in the coming years. Going forward, solar energy is expected to play a crucial role in powering the state’s growth ambitions.
About SunSource Energy
SunSource Energy, an SHV Energy company, is a leading provider of solar-based energy and storage solutions to commercial and industrial (C&I) customers and manages the entire lifecycle of distributed solar projects. Headquartered in Delhi NCR, the company has a portfolio of over 400 MW of solar power projects, deployed, contracted, and under-development, across 24 states in India and Southeast Asia.
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