Construction Industry News
Leading mobility and technology company Michelin has signed a power purchase agreement (PPA) with CleanMax Enviro Energy Solutions for the supply of green energy. The agreement marks Michelin's Thervoykandigai plant, the first long-term open access PPA to increase the total contribution of renewable energy to 37% of the current 11% and good for a reduction of 11,712 tons of CO2 emissions per year.
Commenting on the partnership, Florent Chaussade, Plant Director, Michelin Chennai, said: "The Michelin Group's social responsibility is embodied in its strategy for sustainable development and mobility. Our goal is to make Michelin one of the most innovative, responsible and high-performing companies in the world, in all its responsibilities: economic, environmental, social and social. Because Michelin is aware of the need to conserve natural resources and earth systems in order to operate sustainably, we care deeply about the environmental impact of our operations. In India, we have been a pioneer in adopting multiple innovative green initiatives, both inside and outside our factory. Our partnership with CleanMax is another concrete step by Michelin in India to contribute to our global green mission."
Michelin India has led numerous green projects in Chennai around its state-of-the-art plant as part of the Michelin Group's global green mission to achieve climate goals and commit to becoming carbon neutral by 2050. In 2019, the company wanted to shift the facility from fossil fuel-based energy to renewable energy. Later in 2020, the company installed a roof installation that covered about 45% of the roof area, provided 11% of the plant's energy needs, and helped reduce 9,856 tons of CO2 emissions through January 2023.
Kuldeep Jain, MD CleanMax, said: "In 2020, CleanMax completed a 4.2MW on-site solar PV project for Michelin Group, and we have since become their preferred partner for sustainability, as seen by this current PPA for this approximately 11 MW solar PV project. We are excited to help Michelin in their quest for sustainability by implementing innovative green products, clean energy solutions."
To maintain and support lower emissions, the Michelin plant in Chennai has taken several steps as part of its 4R (reduce, reuse, recycle and renew) strategy in each operation. It is a "Zero Liquid Discharge" production facility, where the company ensures that the water used in the facility is treated and consumed indoors. On 30 hectares, 22090 additional trees have been planted to improve the green cover and ensures 145 tons of CO2 absorption per year.
