A significant solar project has been officially launched between Vision Energy Solutions, a solar power service provider, and CJ Patel and Company Pte, a wholesale trader. The venture is set to produce approximately 632.84 megawatt hours of electricity on an annual basis.
The initiative, which commenced on July 22, 2024, focuses on installing a solar capacity system of 380.16kW, projected to generate the aforementioned electricity amount each year, according to a statement from Vision Energy.
This project is expected to result in utility savings of around 563.50 megawatt hours each year and will contribute to an annual decrease in carbon emissions by 224.26 tonnes.
Sanjesh Prasad, the Chief Executive Officer of Vision Energy Solutions, shared that the partnership with CJ Patel stemmed from two years of dedicated discussions and comprehensive evaluations.
“We are excited to embark on this journey and the opportunities it presents,” he stated.
The project aligns with Vision Energy’s mission to offer sustainable energy solutions and emphasizes their commitment to environmental stewardship, including the encouragement of renewable energy sources.
“This contract represents more than just a business arrangement; it signifies the start of a meaningful collaboration,” Mr. Prasad remarked.
He also expressed optimism about the potential for future projects that would be mutually beneficial for both companies while advancing sustainability initiatives in Fiji and beyond.
CJ Patel formalized the agreement earlier this month, marking a significant step in its dedication to renewable energy projects.