Combining the RESCO and community power propositions to electrify 5,000 Indian villages
Community power leverages telecom towers for bankability, but generation assets should not be co-located on cell sites to ensure scalability
SunEdison is the world’s largest renewable energy development company, currently managing over five gigawatts of solar and wind assets worldwide. Under SunEdison’s Social Innovation business unit, the company seeks to bring renewable energy to the 1.3bn people in the world without access to electricity by solving the technical and financial equations, whilst understanding the social and cultural aspects. The business has two arms; the foundation, which is a strategic charity, and a for-profit rural electrification business. SunEdison recently announced a partnership with community power pioneers OMC Power in India, leveraging cell sites as anchor tenants.
TowerXchange: Please introduce SunEdison to our readers – where does your company fit into the telecoms infrastructure ecosystem?
Alakesh Chetia, President of Social Innovations, SunEdison:
As the world’s largest renewable energy development company, SunEdison is seeking to transform the way energy is generated, distributed and used.