New Delhi, India, 27 June 2022 – Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, has commissioned two projects with system sizes of 8.5 MW and 5.3 MW at its solar parks in Maharashtra and Tamil Nadu respectively for UNO MINDA Group. Power from these solar projects will be procured on a captive basis.
This long-term solar partnership between Cleantech Solar and UNO MINDA is expected to generate approximately 495 GWh of clean energy during the lifetime of the projects, which amounts to a reduction of over 450 kilotonnes of CO2 emissions. The fully operational solar PV systems have been built by Cleantech Solar and will be operated and maintained by Cleantech Solar throughout the term of the agreement.
Mr. Rajiv Kapoor – CHRO of UNO MINDA Group, said: “Our vision is to fulfil 75 percent of our energy needs in our operation with renewable energy to make pollution free India and to improve the quality of present and future generations. We are very pleased to partner with the Cleantech Solar, for their support to achieve the first milestone of our vision w.r.t Renewable Energy and we are appreciating them for their high-quality, cost-competitive and environment-friendly solar power. These solar projects will help us to move towards carbon neutrality.”
Mr. Raju Shukla, Founder and CEO of Cleantech Solar, said: “We are very pleased to partner with the UNO MINDA Group, providing them with high-quality, cost-competitive and environment-friendly solar power for their operations in India. These solar projects will significantly reduce carbon emissions whilst providing security of energy supply. We are proud to be part of this clean energy transition being spearheaded by top-tier automobile industry leaders like UNO MINDA and hope to take this partnership further in the coming years.”
About Cleantech Solar
Cleantech Solar is a pan-Asia supplier of renewable energy to corporates, combining the capabilities of a regional player with responsiveness and agility.
Headquartered in Singapore, Cleantech Solar has been selected for numerous solar power plants across India and Southeast Asia, covering over 600 MW across the various stages of operations, construction and development. This includes installations in India, Singapore, Cambodia, Indonesia, Malaysia, Thailand and Vietnam.
Cleantech Solar is backed by long-term strategic shareholders – Keppel Corporation, Keppel Asia Infrastructure Fund and Shell Eastern Petroleum. These projects are co-funded by Climate Investor One. The company helps corporations to meet their sustainability goals, offering them a unique combination of:
- Shared values ensuring long-term partnership
- Leading technical expertise with a strong focus on delivering safe and high-quality projects
- Experienced local teams in all markets to ensure compliance and smooth execution
- Virtual control room managing the whole cycle of operations, monitoring and comprehensive maintenance of our solar PV plants, thereby delivering optimised performance in real time
About UNO MINDA Group
Established in 1958 UNO MINDA is a conglomerate engaged in manufacturing, development and sales of diverse auto components for the global and domestic automotive market. Making its mark in the International Grid of Automobile Components manufacturing, UNO MINDA steers ahead as a leading Tier 1 supplier of proprietary automotive solutions to original equipment manufacturers (OEMs). The conglomerate today notches up a group turnover beyond US$ 1 Billion.
For more than six decades, UNO MINDA has made significant contributions to the automotive industry supply chain with innovative products, designed and engineered for efficiency with an emphasis on enhanced comfort levels and fine-tuned response.
UNO MINDA has 72 manufacturing plants in India, Indonesia, Vietnam, Spain, Mexico, Colombia, Germany; design centers in Taiwan, Japan and Spain and sales offices in North America, Europe and ASEAN Countries. The company has a workforce of over 23,000 employees. Headquartered in Manesar, Haryana, India, the Group has more than 18 engineering, research and development centres globally.
They manufacture automotive switches, lighting, alloy wheels, horns, automotive seating etc.
With continued focus on technology and innovation, UNO MINDA’s underlying vision is to create a culture that fosters great ideas that can be the basis for planning ingenious products, successfully manufactured to deliver value to customers.