SunSource Energy expands solar energy target to one gigawatt by 2027

SHV Energy's Indian division, SunSource Energy, has announced that it will increase its solar deployment target from 550 MW to 1 GW by 2027. According to the official press release, the capacity increase will support a growing customer base across India and the Indian leadership team will also be expanded to support the scale-up of supply.

“Along with the expansion of our local management team, we will now be better equipped to meet the evolving energy transition needs of commercial and industrial consumers in India and Southeast Asia,” said Bram Gräber, CEO of SHV Energy, a multinational clean energy provider. energy solutions.

The press release states that SHV ​​Energy will become 100% owner of SunSource Energy, a well-known energy distributor.

Adarsh ​​Das has been named chief commercial officer to support the company's accelerated growth trajectory, and Kushagra Nandan, the current general manager, will assume the role of chief executive officer as part of the company's team expansion.

The position of Chief Operating Officer will be transferred from SHV Energy in the Netherlands to Sytze Nijman, and the position of Chief Financial Officer will be transferred to Pratik Adhikari, who joined the company from professional services firm Alvarez & Marshall. “The demand for solar energy from commercial and industrial customers in India is growing rapidly and we are pleased to help meet that need. This expansion also allows us to continue to take advantage of SHV Energy's global network and its vast expertise and resources,” said Kushagra Nandan, general manager and CEO of SunSource Energy.

SunSource's current senior leadership team remains critical and committed to achieving the company's long-term goals.

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