Sunsure Energy, a prominent renewable power producer in India, has announced the initiation of solar power supply to Merino Industries, a global leader in high-pressure laminates, furniture, and surface solutions. Earlier this year, both companies signed a solar Power Purchase Agreement (PPA) for intra-state supply, allowing Sunsure to deliver approximately 10 million units of renewable energy annually to Merino’s Hapur plant. This collaboration builds upon Sunsure’s previous achievement of installing a rooftop solar solution at the same facility in May 2020. With this new PPA, Merino Industries aims to fulfill more than 60% of its energy requirements from clean, renewable sources, significantly advancing its environmental sustainability initiatives.
Merino Industries, renowned globally for its premium decorative laminates and commitment to Social Responsibility, Good Governance, and Environment & Sustainability, has received accolades from organizations like CII, ESG Research Foundation, and the Indian Green Energy Federation for its dedication to renewable energy.
The partnership with Sunsure Energy marks a significant milestone for both entities, emphasizing Merino Industries’ ongoing efforts to reduce its carbon footprint. This PPA is expected to result in substantial annual savings of CO2 emissions, further supporting Merino’s commitment to Science Based Targets Initiative (SBTI) goals.
Mr. Prakash Lohia, Managing Director of Merino Industries, expressed his enthusiasm about the collaboration, stating, “We are delighted to partner with Sunsure once again to enhance the sustainability of our Hapur facility’s energy use. This Open Access agreement underscores our steadfast commitment to sustainability and complements our existing clean energy initiatives, including rooftop and biomass-based generation. The industrial sector now has a crucial role in leading the transition to green power, and Merino Industries is proud to set an example.”
Mr. Shashank Sharma, Founder, Chairman, and CEO of Sunsure Energy, also shared his enthusiasm, saying, “We are thrilled to extend our partnership with Merino Industries, a global manufacturing leader. This marks our sixth project together since 2016, demonstrating Sunsure Energy’s dedication to being a trusted partner in the renewable energy transition. We are committed to supporting Merino Industries on their sustainability journey and look forward to future collaborations.”
Sunsure Energy operates across 16 states in India, providing renewable energy solutions to over 70 industrial clients, including multinational corporations such as Sandoz, KSB Pumps, and Olon API. With a current operational capacity of 120 MW in Uttar Pradesh, Sunsure serves some of the largest businesses in the region, including Dabur, Inox Air Products, Kajaria, APL Apollo, Orient Bell, and others.
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