Sunsure Energy Secures 30 MWp Solar PPAs with Wonder Cement
Event summary
- Sunsure Energy signed three long-term solar open-access PPAs with Wonder Cement, delivering 30 MWp across Maharashtra and Uttar Pradesh.
- The agreements will displace 67% of electricity consumption at Wonder Cement's Dhule facility and 52% at its Aligarh facility.
- The partnership will offset 33,000 metric tonnes of CO2 emissions annually, equivalent to planting 1.5 million trees.
- Sunsure is supplying power from its 150 MWp plant in Solapur and 49 MWp plant in Augasi.
The big picture
The cement sector is critical to India's industrial growth, and its energy transition will define the pace of sustainable development. Sunsure Energy's repeat agreements with Wonder Cement highlight the growing trend of industrial players committing to significant renewable energy targets. With 700 MW operational assets and a target of 10 GW by 2030, Sunsure is positioning itself as a key player in India's renewable energy landscape.
What we're watching
- Execution Capability
- Whether Sunsure can sustain its execution capabilities across multiple states and large-scale projects.
- Industry Benchmark
- How Wonder Cement's renewable energy targets will influence other cement manufacturers to adopt similar strategies.
- Future Collaborations
- The pace at which Sunsure and Wonder Cement will expand their partnership beyond the current agreements.
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