Friday, February 3 2023 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Jan 30
Week of Jan 23
Week of Jan 16
Week of Jan 09
Week of Jan 02
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Swiss Firm Eyes Stake in Gurugram Based Sunsure Energy


    December 8, 2022 - Chemical Industry Digest

     

      Partners Group Holding AG, a Switzerland based private equity firm, is planning to invest $300 million in leading rooftop solar firm Sunsure Energy. The private equity firm plans to grow Sunsure, one of India’s largest solar rooftop engineering, procurement and construction (EPC) companies, as a green energy platform. Founded in 2014, Sunsure focuses on large-scale rooftop and open access solar plants that supply electricity to the commercial and industrial segment.

      In India, renewables projects such as solar PV and onshore wind have already achieved grid parity, where generation costs can match coal-fired power over the project lifetime. Government policies are further encouraging renewables projects by giving them priority in power dispatch, reducing demand risk. “Sunsure is a transformational, next generation infrastructure investment opportunity in India’s growing renewable energy sector, which has been a thematic focus area at Partners Group for many years,” comments Luv Parikh, Managing Director, Private Infrastructure Asia, Partners Group.

      India has an installed renewable energy capacity of 163GW, with green energy projects recording a foreign direct investment of $78 billion. India’s green energy deal space has also been active. Global investors’ interest in India’s clean energy space is sustained and growing, given the government’s focus on the unfolding energy transition, the largest such exercise anywhere in the world. Sunsure Energy CEO Shashank Sharma informs, “We believe Sunsure’s transition into an independent power producer is the best way to ensure more businesses benefit from low-cost solar and wind power in the future”.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.