SunSource Energy announced the commissioning of a 9 MW DC Solar project for Varun Beverages, a key player in the beverage industry and one of the largest franchisees of PepsiCo in the world. As per the PPA, Lone Cypress Ventures Private Limited, an SPV incorporated by SunSource Energy, will supply 9 MW DC solar power to two bottling plants of Varun Beverages, located in Sandila in Hardoi and Kosi in Mathura for a period of 25 years.
The project commissioned is part of SunSource Energy’s 45 MWp open access solar project in Uttar Pradesh. The 9 MW DC project expects to provide a lifetime generation of approximately 300 GWh of clean energy, offsetting 270 mn kg of carbon dioxide emission for Varun Beverages’ two bottling plants over its technical lifetime.
SunSource Energy has been supporting several Commercial and Industrial clients with their energy transition. SunSource Energy is a leading provider of solar-based energy and storage solutions to commercial and industrial customers and manages the entire lifecycle of distributed solar projects. Headquartered in Delhi NCR, the company has a portfolio of over 400 MW of solar power projects, deployed, contracted, and under-developed, across more than twenty states in India and Southeast Asia.
In March 2022, SunSource Energy announced the successful commissioning of the first phase of its 45 MWp open-access project in Shivala Kalan village of Uttar Pradesh. Upon being fully commissioned, the project is expected to be one of the largest open-access solar power projects in the state.
