Emissions crackdown hots up with solar
PSA Mumbai and O2 Power are teaming up to develop a 6.25MW solar farm to provide the terminal with green energy and help India achieve its 2030 renewables target.
With commissioning slated for the end of 2023, the farm will provide nearly 70% of the PSA Mumbai’s power, reducing emissions by an estimated 10,000 tonnes each year. It will also help India achieve its goal of making 50% of the country’s power from renewables by 2030.
O2 Power, a renewable energy platform owned by EQT Infrastructure and Temasek, will develop and manage the solar farm located in Yavatmal, Maharashtra.
“Investing into our own large-scale solar farm together with our other green transport initiatives underscores our commitment towards sustainability,” said Wan Chee Foong, regional chief executive of Middle East South Asia and head of group business development, PSA International.
PSA Mumbai is targeting a 50% reduction in its carbon emissions by 2030 and has also pledged to cooperate with the Jawaharlal Nehru Port Authority to reducing emissions via nature-based solutions.
Other major initiatives under way include the electrification of its equipment fleet, a move to 100% renewable power across the entire terminal, and a zero-emissions rail corridor from the port.
“By expanding our renewable energy access, accelerating equipment electrification and reducing emissions in other areas, we aim for PSA Mumbai users to be able to access a zero emissions corridor through the terminal and beyond,” said Wan Chee Foong.
“We also look forward to working with JNPA on exploring nature-based solutions for emissions reductions in the area, which will benefit both people and planet,” he added.