Vibrant Energy signs a PPA with UltraTech Cement Limited for delivering 21.60 MW Renewable Energy Project – EQ
Vibrant Energy (Vibrant), a leading corporate renewable energy solutions provider, has concluded agreements for providing 21.60 MW of Wind project in Maharashtra. The project will deliver green power to Ultratech’s multiple facilities in Maharashtra.
Mr. Srinivasan Viswanathan, CEO, Vibrant Energy, said “We are excited to partner with Ultratech and accelerate their green energy transition. This partnership marks a significant step towards a sustainable and carbon-neutral future. This will act as a catalyst for transforming not just the cement industry but other energy-intensive industries as well.”
The project is expected to generate about 72 million Units of green power on an annual basis that would help Ultratech reduce its carbon footprint and achieve their sustainability targets.
About Vibrant Energy:
Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG) with a mission to lead the decarbonization initiatives for corporate renewable energy customers and help them to attain a more sustainable, resilient, and low-cost energy future. Vibrant is currently operating and delivering c. 2GW of renewable energy solutions for corporates.
