New Delhi 6th April 2022: Amplus Solar, a leading distributed solar energy provider, has solidified further its position as a market leader in India, by achieving One Gigawatt (1GW) capacity of solar assets. Serving a portfolio of A-rated commercial and industrial customers primarily, Amplus Solar offers clean energy solutions with a customer-centric approach. The company commissioned its first project of 100kW at an engineering college in Maharashtra in May 2014 and continued to grow from strength to strength, backed by delivering services of the highest industry standards with a focus on quality and safety.
A member of the PETRONAS (Petroliam Nasional Berhad) group, Amplus Solar has expanded its client portfolio across diverse sectors and geographies. With its stronghold in India, the company is now making strides in the Middle East region. In addition, the company has been foraying into new avenues such as residential Solar (HomeScape offers differentiated, aesthetically designed rooftop solar for homes), battery storage, and electric mobility as a service, known as YELO.
Commenting on the 1GW milestone, Mr Sanjeev Aggarwal, MD and CEO, Amplus Solar, said, “We are excited to have surpassed 1GW of solar capacity. We have achieved this important milestone through our collective efforts and with the support from our customers, business partners and stakeholders. Until a few years ago, achieving this scale was limited to a few utility solar companies. Today, as distributed solar companies start to achieve GW scale, it demonstrates just how vast the solar canvas is in India. Moving forward, we remain committed to contributing towards the realization of India’s clean energy targets.”
Amplus Solar was conceptualized with a vision of addressing the clean energy needs of our customers and the community at large. As the world commits to the goal of a net-zero future, Amplus Solar is well on course to grow at an even more rapid pace than before. Since its inception, Amplus Solar has been leading innovation in India’s solar sector. For reference, the company pioneered a zero-investment risk-free business model (Solar Power As A Service) for Commercial and Industrial customers, developed an in-house remote monitoring system ‘Hawk-AI’ to help manage its vast portfolio of 450 solar projects spread over 25 states in India, and has recently received design innovation awards for its residential vertical ‘HomeScape by Amplus Solar’.
About Amplus Solar:
Amplus Solar is Asia’s leading distributed energy company providing low carbon energy solutions to industrial and commercial customers. Amplus Solar offers clean energy to its clients by setting up on-site solar projects (rooftop and ground-mounted) and off-site solar farms. Amplus has also diversified into new avenues such as battery storage, energy efficiencies, residential solar, and electric vehicles.
Amplus Solar is a member of the Petroliam Nasional Berhad (PETRONAS) group. PETRONAS recently announced that it will set up a new, independent entity focused fully on cleaner energy solutions and will capture opportunities in the energy transition alongside its core portfolio. The new entity will provide customers with lower carbon solutions through three initial core offerings – renewables, hydrogen and green mobility.
Amplus Solar is a member of the Petroliam Nasional Berhad (PETRONAS) group, Malaysia and is headquartered in Gurugram, India with regional offices in Bangalore, Mumbai, Pune, Bangkok, Dubai, and Kuala Lumpur. Today, Amplus Solar owns and manages a cumulative portfolio of 1GW of distributed solar assets across Asia.
Amplus Solar serves 250+ renowned Indian and multinational firms like Yamaha, Cisco, Amazon, Walmart, Reckitt Benckiser, Schlumberger, Carlsberg, ABB, TVS, Schneider, Qualcomm, Halliburton, GE, Honda among others, tripling its customer base from 2017 to 2022. Amplus Solar’s clientele comes from diverse industry verticals including manufacturing, warehousing, aerospace & defence, automotive, FMCG, consumer durables, pharma, food processing, retail chains, educational institutes, hospitals & healthcare, office buildings and other industrial or commercial establishments.
Amplus Solar’s operational plants are expected to cumulatively generate 23.8 billion units of electricity over the 20 years duration of the projects. The CO2 abatement over the lifetime of these projects amounts to 23 million Metric Tonnes. The environmental impact can also be equated to 26 million mature trees absorbing CO2 for 40 years.