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CleanMax Solar has signed up with Volvo Group India Pvt Ltd (VGIPL) for long-term supply of 2.75 MW solar power for Volvo’s truck units in Bengaluru. This is expected to reduce Volvo’s carbon dioxide emission by 3,380 tonnes per annum, and will also lead to a significant operating cost savings for Volvo.
Volvo is expected to begin drawing power from CleanMax Solar’s Ballari facility in May 2018, for its Hoskote and Peenya manufacturing facilities and will continue to do so for 10 years, under the agreement.
The agreement was formally signed by Kamal Bali, President and Managing Director, Volvo Group India, and Andrew Hines, Co-founder, CleanMax Solar.
Andrew Hines, Co-Founder, CleanMax Solar, said: “By supplying 60 per cent of their power requirement from our solar farm, Volvo will see significant operating cost savings, while also making an impressive reduction in their CO2 emissions.”
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