Noida-headquartered distributed solar energy company SunSource Energy has announced that it has been awarded a grid-connected floating solar-plus-storage project in Andaman & Nicobar islands by the Solar Energy Corporation of India (SECI).
The project will have a solar power generation capacity of 4 MW (AC) and a battery energy storage system of 2MW/1 MWh.
The project will be situated at the reservoir of Kalpong Hydroelectric Project (KHEP) Dam, built across Kalpong river in Diglipur district of North Andaman.
Once commissioned, the project will reduce Andaman’s existing dependency on diesel for electricity while offsetting around 8112 tonnes of CO2 annually.
SunSource Energy will sign a power purchase agreement for 25 years with the Electricity Department, Andaman & Nicobar administration for this floating solar-plus-battery storage project.
Kushagra Nandan, President and Co-Founder, SunSource Energy, said, “With renewable energy taking center-stage in all discussions about reduction of carbon footprint, SunSource Energy is totally committed to supporting the government mission with its expertise in the solar segment.”
Adarsh Das, CEO and Co-Founder, SunSource Energy, added, “The fact that renewable power will transition into becoming the world’s cleanest and most economical fuel is a foregone conclusion. SunSource Energy intends to play a leading role in this journey. This project win is yet another step in our nation’s climate change promise to the world as well as enabling our nation’s Atma Nirbhar Bharat Abhiyan (Self Reliant India Program).”
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).
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