Volvo Group India selects CleanMax Solar for long-term supply of solar power

has signed up with Group India Private Limited (VGIPL) for long-term supply of 2.75 MW of solar power for ’s truck operations in Bangalore.

This is expected to reduce ’s carbon dioxide emission by 3380 tonnes per annum, and will also lead to a significant operating cost savings for Volvo. The agreement was formally signed today by Mr. Kamal Bali, President & MD, Group India and Andrew Hines, Co-founder, CleanMax Solar.

Volvo is expected to begin drawing power from ’s Bellary facility in May 2018, for its Hoskote and Peenya manufacturing facilities, and will continue to do so for a period of 10 years, under the agreement.

Andrew Hines, Co-Founder, said, “We are honoured that Volvo has chosen as a partner. By supplying 60% of their power requirement from our solar farm, Volvo will see significant operating cost savings, while also making a very impressive reduction in their CO2 emissions. Volvo Group has made significant and tangible commitments via the WWF Climate Savers program, and we are proud be a part of their climate and solution

He further added, “In our solar OPEX model, Volvo will achieve these benefits with minimal risk and hassle, because the entire investment and operations is done by CleanMax. We have seen this model gaining significant traction among MNCs in India, with others like Adobe India, SKF India, and United Breweries, to name a few of our other clients who are achieving their renewable energy targets from our solar farms.”

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