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Decarbonization project

Hyundai Motor India 118MW Wind-Solar PPA with Fourth Partner Energy

This project is announced in India. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
India
Sector
Renewable power
Announced
Not stated
Expected start
2024

About this project

The description is as the source gives it.

Hyundai Motor India Limited (HMIL) signed PPAs and a shareholder agreement with Fourth Partner Energy for a 75 MW solar plant and 42.9 MW wind farm in Tamil Nadu under a group captive model. HMIL invests for 26% ownership in the SPV, advancing renewable energy use at its Indian manufacturing operations for Scope 2 reductions. Evidence: "Hyundai Motor India signs wind, solar PPAs with Fourth Partner Energy... Under the PPA, FPEL TN Wind Farm will establish and operate a 75 MW solar power plant and 42.9 MW wind power plant in Tamil Nadu under group captive model." — https://www.pv-magazine-india.com/2024/11/20/hyundai-motor-india-signs-wind-solar-ppas-with-fourth-partner-energy/

Statuses, countries and reductions are as the public source states them, and may be out of date.

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