Sunsure Energy has signed a long-term power purchase agreement (PPA) with Evonith Steel to supply 30 MWp of solar power to the steelmaker’s integrated facilities in Wardha, Maharashtra, with deliveries scheduled to begin in October 2026.
The agreement will allow Evonith Steel to source renewable electricity from Sunsure Energy’s existing 120 MWp solar park in Dhule, Maharashtra. By drawing on an operational project, the arrangement offers the manufacturer a route to incorporate solar power into its operations without waiting for a new generation facility to be developed and commissioned.
The partnership reflects the growing use of long-term renewable power agreements by industrial consumers seeking to diversify their electricity supply and reduce dependence on conventional grid power.
Solar power to support steel-sector decarbonisation
Steel manufacturing is energy-intensive, making electricity sourcing an important consideration for producers seeking to reduce the emissions associated with their operations.
Under the agreement, Evonith Steel expects renewable electricity to support its sustainability objectives and improve the environmental performance of its manufacturing activities at Wardha.
According to industry estimates cited in the source report, the solar power supplied under the arrangement is expected to help avoid approximately 34,700 tonnes of carbon dioxide equivalent (CO₂e) emissions annually. The estimated reduction could contribute to lowering the carbon intensity of the company’s operations, although the actual emissions benefit will depend on factors including electricity consumption, the power displaced and the applicable emissions accounting methodology.
Existing solar capacity enables a faster transition
The 30 MWp supply will be sourced from Sunsure Energy’s existing 120 MWp solar park in Dhule. Using capacity from an operational facility can allow industrial customers to access renewable electricity without the development timeline associated with building a new project specifically for their requirements.
For Evonith Steel, the arrangement provides a mechanism to integrate solar power into its electricity procurement strategy while continuing its manufacturing activities.
Long-term PPAs can also provide renewable energy developers with contracted demand from commercial and industrial customers. For industrial buyers, these agreements offer a structured route to procure clean electricity, subject to the applicable contractual and regulatory arrangements.
Sunsure Energy expands its industrial renewable energy portfolio
Established in 2014, Sunsure Energy provides renewable energy solutions for utility-scale projects and commercial and industrial consumers. Its technology portfolio includes solar, wind and battery energy storage.
Backed by an equity commitment from Partners Group, the company has an operating and contracted renewable energy portfolio of 2.5 GW, according to the source material. It is also developing additional capacity as part of its longer-term expansion plans towards 2030.
The Evonith Steel agreement adds to Sunsure Energy’s renewable power partnerships with industrial and manufacturing customers across India, a segment in which electricity demand and emissions-reduction objectives are increasingly linked.
Evonith Steel targets cleaner electricity for Wardha operations
Evonith Steel manufactures hot metal and flat steel products at its integrated facility in Wardha, Maharashtra. Incorporating solar electricity into its energy mix is expected to support the company’s efforts to improve the environmental performance of its manufacturing operations.
As steel demand grows, renewable electricity procurement is one option available to manufacturers seeking to address the emissions associated with energy use. The impact of such arrangements will depend on the scale of renewable power actually consumed, the electricity sources displaced and the broader energy requirements of each facility.
The planned start of supply in October 2026 will mark the beginning of the agreement’s contribution to Evonith Steel’s renewable electricity procurement, subject to the project’s contractual arrangements.
Bioenergy Business Analysis
The Sunsure Energy–Evonith Steel agreement highlights how renewable power procurement is becoming part of the wider decarbonisation strategy for energy-intensive manufacturing in India.
Although solar electricity does not directly replace the fuels used in every stage of steel production, it can help address emissions associated with electricity consumption. The potential value of the agreement will depend on how much solar power Evonith Steel uses, how that electricity changes its overall power mix and how the estimated annual emissions avoidance is calculated.
For renewable energy developers, industrial PPAs offer an avenue to serve large electricity consumers through contracted arrangements. For steelmakers, they provide one pathway towards cleaner electricity procurement, alongside other measures that may be needed to address emissions from industrial processes and fuel use.
The agreement therefore represents a targeted step in electricity-related decarbonisation, rather than a standalone solution to the steel sector’s wider emissions challenge
