EKI Energy Services Launches India’s First Floating Solar Project in Tamil Nadu Under Voluntary Carbon Market

EKI Energy Services Ltd., a global leader in carbon credit development and supply, has announced the registration of the first-ever floating solar project under the Voluntary Carbon Market (VCM). This large-scale initiative, developed by Greenam Energy for captive use, is also the first floating solar project registered under the Verified Carbon Standard (VCS) worldwide.

Located on water reservoirs in Tamil Nadu, the 24.7 MW floating solar photovoltaic (PV) plant is expected to generate clean energy while mitigating approximately 38,376 tonnes of CO2 emissions annually. This innovative project showcases India’s advancements in renewable energy and underscores the country’s commitment to reducing carbon emissions.

Mr. Manish Dabkara, Chairman and Managing Director of EKI Energy Services, emphasized the significance of this initiative, stating, “A sustainable future with innovative solutions is not just a possibility; it is a responsibility. As we lead in sustainable energy innovation, we redefine the possibilities of solar energy by harnessing the sun’s power on water. This initiative reflects our belief in technology’s transformative potential and the urgent need for climate action.”

By tapping into previously unutilized resources, EKI Energy Services is paving the way for a more sustainable future that redefines humanity’s relationship with the environment and inspires action across various industries.

Verra, the non-profit organization managing standards for sustainable development and climate action, supports initiatives like this floating solar project, aiming to promote ambitious climate objectives and expedite the transition to sustainability.