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SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project

Post Time:Mar 27,2023Classify:Company NewsView:2503

SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, Asia’s leading C&I renewable energy company for purchasing green energy from a 5.5 MW renewable energy (Wind – Solar hybrid) project in Babra, Gujarat, India.

The green energy will be utilized to run SCHOTT’s operations at its glass tubing factory in Jambusar, Bharuch, Gujarat. This agreement comes under the aegis of SCHOTT’s commitment to becoming climate neutral across its production by 2030. To switch its electricity supply to 100 percent green energy, SCHOTT is also relying on power purchase agreements (PPAs). PPAs are contracts with operators of renewable energy plants, such as wind or solar farms.

CleanMax will set up and operate a hybrid power plant with a capacity of 3.6 MW Wind and 1.9 MW Solar and supply power to SCHOTT’s glass facility in Jambusar, Gujarat (India).

Kuldeep Jain, MD CleanMax, said, “CleanMax strives to be the sustainability partner of choice for corporates and companies. This PPA with Schott is another feather in our cap and we are proud to aid the sustainability efforts being undertaken at.”

Welcoming this move, Pawan Shukla, Managing Director SCHOTT Glass India, said, “We are very proud to have signed this PPA with CleanMax as a part of our global commitment to become climate neutral. Apart from the fact that this will reduce our energy cost by a significant percentage, it is our valuable contribution to India’s aim to reduce carbon emissions by 45 percent by the end of 2030”.

The 5.5 MW Wind – Solar hybrid project will lead to carbon abatement of approximately 16,000 tonnes CO2 equivalent annually. This is equivalent to planting 420 trees or taking 2,750 cars off the roads. This project capacity is part of a larger wind solar hybrid farm being developed by CleanMax in Babra, Gujarat. The overall capacity of the CleanMax wind solar hybrid farm will stand at 400 MW, leading to carbon abatement of more than 870,000 tons CO2 equivalent annually.

Source: glassonlineAuthor: shangyi

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