Toyota Kirloskar Motor and ReNew Energy Global inaugurate 27.2 MW Group Captive Solar and Wind Renewable Energy Project in Karnataka
Phase 1 of this initiative entails the development of solar and wind energy capacity, totalling 20.6 MW and Phase 2 encompasses a further 6.6 MW of wind energy generation.
Toyota Kirloskar Motor today inaugurated the 27.2 MW Group Captive Solar and Wind Renewable Energy Project, which is established through a joint venture with ReNew Energy Global, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKM’s existing solar plant. Commencing today, the green power generated through this project will be exclusively channelled to TKM, leading to an expected reduction of 51 kilo tonnes/year in CO2 emissions.
This latest accomplishment further reaffirms TKM's sustained achievement of 100% Renewable Energy in grid electricity since June 2021.
“We are delighted to partner with Toyota Kirloskar Motor and support them in their endeavour to adopt sustainable energy sources. ReNew is committed to being a catalyst for global energy transition toward Net Zero and will offer innovative solutions to companies to decarbonize their operations and support their climate goals”, said, Rahula Kashyapa, Vice President, Business Development - B2B Business, ReNew.
Sudeep. S. Dalvi, Senior Vice President, Director and Chief Communication Officer of Toyota Kirloskar Motor, said “All our vehicles are manufactured using green energy source. This collaboration reflects our shared commitment toward reducing carbon emissions, thereby supporting India in achieving its Net Zero Carbon Emission targets.
With the inauguration of the 27.2 MW Group Captive Solar and Wind Renewable Energy Project, TKM’s total cumulative green energy adoption is 53.4 MW. By adopting such green initiatives, TKM is strongly focused to achieve ‘Net Zero Carbon Emission in Manufacturing’ much before its global target timeline of 2035, further solidifying its position as a leader in sustainable business practices.
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