Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax

By Saur News Bureau/ Updated On Wed, Mar 22nd, 2023

Highlights :

This Power Purchase Agreement to procure 5.5 MW is part of the GermanTechnology Group SCHOTT’s global commitment to achieve climate neutrality by
2030
• The Agreement is signed for 20 years, which will significantly reduce carbon
emissions in an otherwise energy-intensive glass production facility.

Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax

Seeking Even Better Finish With Clean Energy

The international technology group SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, the 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% 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.

Seeking Even Better Finish With Clean Energy

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). The PPA is for a period of 20 years. Kuldeep Jain, MD CleanMax, said, “CleanMax strives to be the sustainability partner of choice for corporates and companies. This PPA with Schott Glass is another feather in our cap and we are proud
to aid the sustainability efforts being undertaken at Schott Glass.”

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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% by the end of 2030”.

The 5.5 MW Wind – Solar hybrid project 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.