SunSource doubles its solar energy target to 1 GW by 2027

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SunSource Energy, the Indian arm of Dutch multinational SHV Energy, now targets to install 1 GW of solar capacity by 2027. Its India leadership team is also being expanded to support the significant scale-up of PV installation.

SunSource provides solar-based energy and storage solutions to commercial and industrial (C&I) customers and manages the entire lifecycle of distributed solar projects.

“This investment to significantly bolster our solar energy delivery capacity reiterates SHV Energy’s commitment to India and to our solar subsidiary, SunSource Energy. Together with the expansion of our local management team, we will now be better equipped to address the evolving energy transition needs of commercial and industrial consumers in India and Southeast Asia,” said Bram Gräber, CEO of SHV Energy.

As part of its leadership team expansion, the company’s existing managing director, Kushagra Nandan, will take on the role of chief executive officer, and Adarsh Das has been appointed chief commercial officer to support the accelerated growth trajectory. Sytze Nijman will move from Netherlands-based SHV Energy to take on the role of chief operating officer.

“This expansion also enables us to continue to benefit from the global SHV Energy network and its vast expertise and resources,” said Kushagra Nandan, managing director and CEO of SunSource Energy.

Headquartered in Delhi NCR, SunSource Energy has a solar portfolio of over 400 MW, including projects deployed, contracted, and under-development, across 24 states in India and Southeast Asia.

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