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SAMHI & Statkraft-BLP Solar Solutions partner for distributed solar solutions

Tuesday, May 10, 2016, 13:00 Hrs  [IST]
By HB Staff | New Delhi

Hotel development and investment firm SAMHI Hotels has partnered with Statkraft BLP Solar Solutions (SBSS), a 50:50 JV between Bharat Light & Power Group and Statkraft as a step towards sustainable energy generation at three of their properties in India.

The 120-year-old, USD11bn strong Norwegian utility Statkraft has joined forces with leading Indian renewable company BLP, to contribute towards India’s ambitious plan of 100GW of solar installation. Statkraft has the technical and commercial expertise by not only owning more than 18GW of renewable power but also operating an 8 GW virtual power plant which optimizes the very small to large renewable power generators.

BLP has already completed two rooftop Photovoltaic solar installations at Hyatt Place Gurgaon andFormule1 Pimpri Pune that will save 1150 tonnes and 625 tonnes of carbon emissions over their lifetime respectively. In addition, SAMHI has signed a 1.5MW Power Purchase Agreement (PPA) for 25 years with SBSS which will be supplied from SBSS’ upcoming 4MW project in Karnataka, for its newly launched Courtyard and Fairfield by Marriott Bangalore, and is expected to save an additional 42,750 tonnes of CO2.

Acknowledging the growing importance of energy efficiency in the hospitality industry which has been considered an energy guzzler, this pioneering effort focuses in widening the scope of sustainability efforts.

“SAMHI has always advocated a progressive, avant-garde approach to hospitality industry and as a responsible corporation our initiative with Statkraft BLP Solar Solutions is a deliberate effort to use renewable energy. With the installation of cutting-edge solar technology and PPA with SBSS, we use alternative energy sources to both optimize operating costs and run more environmentally sustainable operations,” said Vinay Gupta, Vice President, SAMHI.

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