Sunsure Energy signs 8 MWp solar PPAs with Daeseung Autoparts India and Ilgahng Automotive

The power for these PPAs will be supplied from Sunsure Energy's 75 MWp solar plant at Ilayangudi, Tamil Nadu. Daeseung Autoparts India is an Indian subsidiary of South Korea–based automotive components company Daeseung Group. Ilgahng Automotive is a Korean-origin automotive company from the same business group. The agreement with Daeseung will allow them to meet close to 60% of its total power demand with renewable energy, offsetting approximately 5,800 metric tonnes of CO2e emissions per year. The agreement with Ilgahng will help them offset 3,400 metric tonnes of CO2e emissions per year. Sunsure Energy is backed by Partners Group AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia. Sunsure has 700 MW operational assets with an additional 7.10 GW under various stages of development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka. It targets 10 GW RE capacity by 2030. Quotes: "from its 75 MWp solar plant at Ilayangudi, Tamil Nadu.", "Indian subsidiary of South Korea–based automotive components company Daeseung Group", "Korean-origin automotive company from the same business group.", "This will allow Daeseung Autoparts India to meet close to 60% of its total power demand with renewable energy, offsetting approximately 5,800 metric tonnes of CO 2 e emissions per year.", "This will help Ilgahng offset 3,400 metric tonnes of CO 2 e emissions per year.", "It is backed by Partners Group AG with an equity commitment of $400 million towards its vision of building the largest industrial decarbonisation company in India and Southeast Asia.", "Sunsure has 700 MW operational assets with an additional 7.10 GW under various stages of development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka.", "It targets 10 GW RE capacity by 2030."