Suzuki procures power from 17.6-MW wind-solar facility in India

Japanese carmaker Suzuki Motor Corp (TYO:7269) on Thursday said it is boosting the use of renewable electricity at its plants in India through a power purchase agreement (PPA) to get electricity from a 17.6-MW wind and solar hybrid facility.

The facility was installed by Indian renewables company ReNew Power (NASDAQ:RNW) exclusively for Suzuki Motor Gujarat Pvt Ltd (SMG), a Suzuki subsidiary in the state of Gujarat. According to the announcement, this is the first Suzuki Group company to source renewable electricity through an off-site corporate PPA.

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SMG also has a 0.5-MW solar array, installed on its premises in 2018.

Maruti Suzuki India Ltd (MSIL), another Indian subsidiary of Suzuki, started installing solar at its Manesar Plant in 2014 and now has 26.3 MW of solar generation at the factory.

Suzuki aims to achieve carbon-neutral production by 2050.