A large scale solar undertaking has been signed between solar power service provider Vision Energy Solutions and wholesale trader CJ Patel and Company Pte for the generation of approximately 632.84 megawatt hour of electricity annually.
“Initiated on July 22, 2024, this ambitious endeavour aims to install a 380.16kW solar capacity system, expected to generate approximately 632.84MWh annually,” Vision Energy said in a statement.
“This translates into estimated utility savings of 563.50MWh per year and a reduction of annual carbon emissions by 224.26 tonnes.
Chief executive officer of Vision Energy Solutions Sanjesh Prasad said the collaboration with CJ Patel was the result of 24 months of dedicated discussions and thorough assessments.
“We are excited to embark on this journey and the opportunities it presents,” he said.
The project is aligned to Vision Energy’s mission to provide sustainable energy solutions and commitment to environmental stewardship, which includes the promotion of renewable energy sources.
“This contract symbolises more than a business agreement; it marks the beginning of a meaningful collaboration,” Mr Prasad said.
“We envision tremendous potential for future projects that benefit both our companies and contribute to a sustainable future for Fiji and beyond.”
CJ Patel signed the contract early this month, marking a milestone in its commitment to renewable energy initiatives.