Sunsure Energy, a round-the-clock (RTC) renewable energy solutions provider for leading businesses and utilities, has signed a long-term agreement with Deepak Fertilisers And Petrochemicals Corp. Ltd (DFPCL) for supplying hybrid renewable power combining solar and wind power. Both parties have signed an agreement for renewable power totalling 19.36 MW— comprising 8.86 MW (13.29 MWp) of solar and 10.5 MW of wind energy.
The hybrid power will be generated from Sunsure’s solar plant in Dhule, Maharashtra, and wind plant in Jath, Maharashtra, and supplied to DFPCL’s facility located in Raigad, Maharashtra.
The project is expected to generate around 5.50 crore units annually, enabling DFPCL to reduce its carbon footprint by over 40,000 tons of CO₂ each year — equivalent to planting nearly 2 million trees over the project lifetime.
“We are delighted to partner with DFPCL, a leader in the Indian chemical and fertiliser industry, for this wind solar hybrid agreement. This agreement showcases Sunsure’s ability to deliver renewable energy solutions that offer round-the-clock green energy to industries crucial to India’s growth trajectory. Hybrid solutions like these can offset up to 55-60% of the power demand of large-scale industrial consumer without relying on the banking framework,” said Shashank Sharma, Founder – Chairman & CEO, Sunsure Energy.
“At Deepak Fertilisers, we are committed to adopting cleaner, more reliable energy solutions that strengthen our industrial operations while advancing our sustainability goals. Partnering with Sunsure Energy enables us to achieve long-term cost efficiency and accelerates our transition to renewable energy,” said Pandurang Landge, President – Manufacturing, Deepak Fertilisers and Petrochemicals Corp. Ltd.
Founded in 2014, Sunsure is backed by Partners Group AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia. It has 600 MW operational assets and 7.10 GW under various stages of development across states like Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka, with a target of 10 GW by 2030.
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