Spain-based Zelestra has partnered with Daimler India Commercial Vehicles (DICV) to supply 16.2 MW of clean energy from its renewable energy project in Tamil Nadu. The power purchase agreement (PPA) will enable DICV to source green energy for its manufacturing facility in Ora.
Zelestra is currently developing a 149 MW hybrid renewable energy project near Chennai, aligning with the company’s goal of enhancing sustainability in its manufacturing operation. The agreement with DICV reflects the growing adoption of renewable energy by industrial and automotive manufacturers in India, contributing to the country’s broader clean energy transition.
India is making significant strides in its transition to clean energy, with its Green Open Access initiative linked to the Inter-State Transmission System (ISTS) set to add 40 gigawatts of renewable energy capacity by 2030. This move is a crucial step towards achieving India’s ambitious renewable energy goals, promoting sustainability, and reducing dependence on fossil fuels.
The Green Open Access initiative allows consumers, particularly commercial and industrial users, to purchase renewable energy directly from independent power producers across state boundaries, facilitating the seamless transfer of electricity from renewable energy-rich states to those with higher demand.
The Indian government has introduced a simplified approval process to facilitate Green Open Access, making it accessible to small (SMEs) as well. The policy encourages the development of Power Purchase Agreements (PPAs) between industries and renewable energy providers, fostering long-term energy security and stability in electricity prices.
The Green Open Access initiative will have a profound impact on India’s energy landscape, significantly reducing carbon emissions, aligning with India’s commitment to achieving net-zero emissions by 2070. Economically, the initiative will attract substantial investments in the renewable sector, creating jobs and boosting the manufacturing of solar panels, wind turbines, and other green technologies.
Economically, the initiative will attract substantial investments in the renewable sector, creating jobs and boosting the manufacturing of solar panels, wind turbines, and other green technologies. It will also strengthen India’s position as a global leader in renewable energy deployment fostering competition and lowering costs.
In a major step toward sustainability, Zelestra and Daimler India Commercial Vehicles (DICV) have signed a Power Purchase Agreement (PPA) for the supply of 16 megawatts (MW) of renewable energy. This agreement highlights Daimler India’s commitment to reducing its carbon footprint by transitioning to clean energy sources for its manufacturing operations.
Advancing Renewable Energy Adoption
Under the PPA, Zelestra will supply 16 MW of solar and wind energy to Daimler India’s production facilities, significantly cutting down the company’s dependence on conventional power sources. This initiative aligns with India’s Green Open Access Policy, which enables industries to procure renewable energy efficiently and at competitive prices.
By shifting to clean energy, Daimler India aims to lower operational costs, reduce emissions, and enhance long-term energy security. Corporate PPAs like this are becoming increasingly common as businesses seek to meet sustainability targets and hedge against volatile energy prices.
Environmental and Economic Benefits
The 16 MW clean energy supply will help Daimler India reduce CO₂ emissions by thousands of tons annually, reinforcing its commitment to green manufacturing. The agreement also supports India’s larger goal of achieving 500 GW of non-fossil fuel capacity by 2030 making them a strategic choice for industries aiming to achieve net-zero targets.
The partnership between Zelestra and Daimler India marks a significant milestone in corporate renewable energy adoption. It showcases the growing role of clean energy in industrial sustainability, paving the way for future green collaborations across India’s manufacturing sector Additionally, long-term renewable energy contracts offer price stability and economic benefits.
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