SunSource Energy, headquartered in Noida in the Indian state of Uttar Pradesh, has won a 1.95 MW solar project with 2.15 MWh battery energy storage in the union territory of Lakshadweep.
The project was won in an auction conducted by the Solar Energy Corporation of India (SECI). Once commissioned, it will be the largest solar + storage project in Lakshadweep and will power its four different islands—Agatti, Kavaratti, BangaRam, and Thinnakara.
The scope of work includes design, engineering, supply, construction, erection, testing and commissioning of the plants along with their asset management for ten years.
The commissioning period for the project is twelve months from the award of the contract.
Due to its remote location in the Arabian Sea, Lakshadweep doesn’t have the national grid connectivity and relies on expensive diesel-based power. This solar + storage project is expected to significantly reduce the diesel consumption of the four islands, and lower its existing electricity cost while offsetting millions of kg of CO2 emission over its lifetime by providing clean and reliable energy.
“This project is in line with the Hon’ble Prime Minister’s target of repowering Indian Islands with a cleaner source of energy and will serve as a model for other Pacific Island countries who aspire to attain energy independence while reducing its reliance on diesel based power”—read a statement by SunSource Energy.
Commenting on the project, Adarsh Das, CEO and Co-Founder, SunSource Energy said, “Our island power projects at Lakshadweep for SECI are an instance of the direction in which the power sector is headed: away from fossil fuels, towards grid modernization through energy storage and intelligent grids and mini grids.”
Kushagra Nandan, President, and Co-Founder, SunSource Energy added, “Our track record of adapting the latest viable technologies to our solar plants enabled us to develop one of the India’s first private solar + storage projects for a school in Uttar Pradesh way back in 2013. We understand that storage will play a key part in powering India’s growth ambitions and are glad to have contributed to the Prime Minister’s clean energy targets with our efforts over the last decade.”
SunSource, a commercial and industrial solar energy and storage solutions provider, is an investee of the Neev Fund—a private equity firm backed by State Bank of India (SBI) and UK’s Department for International Development (DFID).