Australia’s Sunrise CSP (Concentrated Solar Power) and India’s Engineers India Ltd (EIL) forged a collaborative agreement by executing a Memorandum of Understanding (MoU).
The MoU will facilitate an exclusive partnership in Concentrated Solar Thermal (CST) power for projects in the oil & gas sector in India, projects other than in the oil & gas sector, located in India, for domestic clients with single potential order size of over INR 300 million and projects where EIL has contributed to the identification & finalisation of international clients based on mutual discussion & agreement with Sunrise CSP.
With a vast coastline and immense open spaces, Australia has some of the best wind resources in the world and the second highest potential for solar power.
Australia is already the largest per-capita producer of solar energy in the world. Per head, Australia ranks seventh in the world for renewable energy patents. 90 percent of commercial solar cells globally use Australian technology.
Australia is taking action on climate change by legislating an ambitious emissions reduction target of 43 percent by 2030 and net zero by 2050.
Speaking about the MoU at today’s event, Catherine Gallagher, Minister – Commercial and Senior Trade and Investment Commissioner, South Asia for the Australian government said, “As a nation, Australia is committed to building a net-zero future. It gives me immense pleasure to know that Australian companies such as Sunrise CSP are able to partner with India’s leading Engineering, Project management consultancy and EPC companies contributing their expertise to India’s net zero agenda. With India undertaking energy transition to achieve Net Carbon Zero targets, Australian companies can offer a range of innovative technologies and products for Indian companies in the renewable energy space».
Speaking at the MoU signing, Artur Zawadski, Chief Executive Officer and Director of Sunrise CSP said, “Joining hands with EIL, a global leader in the engineering of critical energy infrastructure, will put Sunrise CSP and our Big Dish solar concentrator at the forefront of nation building energy solutions.
He added, “Together we aim to deliver the clean heat of the sun to industrial production at all scales and all temperatures – from heating and cooling a major cancer hospital as we are in Gujarat today, to making vital chemicals like hydrogen & ammonia, to national-scale power solutions delivering electricity on-demand – and all of our technology for this we Make in India. For us this strategic alliance is a game-changer!”
While congratulating the team on forging the alliance, CMD EIL, Vartika Shukla expressed, “The Strategic Collaboration between EIL and group companies of Sunrise CSP is a unique initiative and a collective effort in driving positive environmental impacts through shared vision and innovative technological solutions. Concentrated Solar Power (CSP) technology has wide applications and could also be integrated with the existing industrial facilities and process plants. We are poised to leave a lasting imprint towards transforming the global energy landscape in years to come.”