Sunsure Energy, a prominent player in India’s renewable energy sector, has commenced the supply of green electricity to Sandoz’s production facility in Navi Mumbai. The power is being sourced from Sunsure’s Solapur plant under a solar open access Power Purchase Agreement (PPA) that was signed between the two companies last year.
This project represents a significant milestone in Sandoz’s efforts to reduce its carbon footprint. By transitioning to renewable energy for its Navi Mumbai facility, Sandoz is set to cut its annual CO2 emissions by 26,000 tonnes, thereby reducing its total direct emissions by 11 percent. This move aligns with Sandoz’s broader decarbonization initiatives, including its commitment to the Science Based Targets Initiative (SBTi) to set emission reduction goals consistent with the Paris Agreement. Sunsure will provide Sandoz with 32 GWh of renewable electricity annually—enough to power approximately 7,000 homes in India.
During the inaugural event celebrating the launch of power supplies from the Solapur plant, Sudhir Bhandare, Executive Director of Sandoz India, emphasized the importance of resource efficiency and reducing greenhouse gas emissions for the company. He noted that the renewable energy supplied through this project aligns seamlessly with Sandoz’s sustainability objectives.
Sunsure Energy managed to begin power supply nearly two months ahead of schedule. Shashank Sharma, Founder & CEO of Sunsure Energy, expressed his satisfaction with the timely execution, stating, “Supporting Sandoz in its transition to green energy is a crucial project for Sunsure, and we are pleased to have delivered ahead of schedule. This project highlights Sunsure’s strong presence and commitment to Maharashtra, a state that has led the way in adopting renewable energy over the past decade.”
Established in 2014, Sunsure Energy is a leading provider of renewable energy solutions for businesses across India. As an Independent Power Producer (IPP), Sunsure facilitates the transition to clean energy through long-term PPAs, enabling businesses to offset up to 70% of their energy consumption with renewable sources, including solar, wind, and battery storage.
Backed by Partners Group AG with a $400 million equity commitment, Sunsure aims to become India and Southeast Asia’s largest industrial decarbonization company. With 500 MW of operational assets, 2.5 GW of renewable capacity under construction, and a target of 5 GW by 2028, Sunsure Energy is dedicated to advancing India’s energy independence and promoting green energy across the country.
