Sunsure Energy Begins Supplying RE to Sandoz Production Facility in Navi Mumbai

#SunsureEnergy #Sandoz #RenewableEnergy #Sustainability

"The efficient use of resources and the reduction of greenhouse gas emissions are key issues for Sandoz. The supply of renewable energy through this project therefore fits perfectly with our sustainability ambitions." - Sudhir Bhandare, Executive Director, Sandoz India.

August 2024 : Sunsure Energy, one of India's leading renewable power producers, has begun supplying renewable electricity to the Navi Mumbai production facility of Sandoz, the global leader in generic and biosimilar medicines. This power supply from Sunsure's Solapur plant is part of the solar open access Power Purchase Agreement (PPA) signed between the two companies last year.

This landmark project will enable Sandoz to save 26 thousand tonnes of CO2 annually and marks a significant step forward in the implementation of decarbonization initiatives undertaken by Sandoz: by switching to green energy for its Navi Mumbai production plant, Sandoz Group will reduce its total direct emissions by 11 percent. As part of its commitment to sustainability, Sandoz has also submitted a Commitment Letter to the Science Based Targets Initiative (SBTi) to set science-based carbon emission reduction targets, in line with the goals of the Paris Agreement. Sunsure will supply Sandoz with 32 GWh of renewable electricity annually, which is enough to power 7,000 homes in India*.

At the inaugural event to mark the start of supplies from the Solapur plant, Sudhir Bhandare, Executive Director, Sandoz India, said, "The efficient use of resources and the reduction of greenhouse gas emissions are key issues for Sandoz. The supply of renewable energy through this project therefore fits perfectly with our sustainability ambitions."

Sunsure has begun power supply almost 2 months ahead of schedule.

Shashank Sharma, Founder and CEO, Sunsure Energy, said, "Supporting Sandoz in its gradual transition to green energy is an important project for Sunsure and we are delighted that we could make it happen before committed timelines. This project signifies Sunsure's strong presence and goals for Maharashtra, a state that has been at the forefront of renewable electricity adoption for the past decade."

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