SunSource Energy wins award at 2024 Asian Power Awards

SunSource Energy’s Lakshadweep project wins ‘Solar Power Project of the Year’ for its advanced clean energy innovation. (Image Credit/Source: Tom Fisk/Pexels)

US-based SunSource Energy, a subsidiary of SHV Energy, received the ‘Solar Power Project of the Year – India’ award at the 2024 Asian Power Awards in Singapore for its Lakshadweep project. This initiative, commissioned by the Solar Energy Corporation of India (SECI), covers Kavaratti and Agatti islands, combining 1.7 MW of solar power with a 1.4 MWh Battery Energy Storage System (BESS). As per SunSource Energy, the project reduces diesel reliance by approximately 190 lakh liters, delivering projected commercial savings of INR 250 crore. The company claims it will also offset around 58,000 tons of CO2 emissions over its operational lifespan, enhancing sustainability and energy stability in isolated areas.