Sunsure Energy, a corporate renewable energy solutions provider, announced it has signed a 25-year solar power purchase agreement (PPA) with Dabur India Ltd, India’s leading science-based ayurveda products manufacturer.
Sunsure will develop a solar power plant to supply electricity to Dabur’s factory in Ghaziabad, Uttar Pradesh.
Through the PPA, Sunsure Energy will supply over 4 million units of green power to Dabur’s Ghaziabad factory. This will enable them to offset over 3.2 million kg of CO2 annually for the next 25 years.
Sunsure Energy is backed by Partners Group AG with a $400 million equity investment for developing over 3 GW of RE assets by 2027. Founded in 2015, the company has developed and installed solar power plants for power-intensive industrial customers across 16 Indian states.
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