Braithwaite’s Mission to Boost Solar Development and Empower India's Future - PowerPoint PPT Presentation

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Braithwaite’s Mission to Boost Solar Development and Empower India's Future

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Discover how Foster Solar is leading the way in advancing sustainable energy solutions to power India's future with clean and renewable solar technology. By fostering solar progress, India can significantly reduce its dependence on fossil fuels, decrease greenhouse gas emissions, and provide reliable power to its population. Braithwaite believes India needs transformation in its existing energy system. – PowerPoint PPT presentation

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Date added: 30 May 2024
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Title: Braithwaite’s Mission to Boost Solar Development and Empower India's Future


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  • With rapid industrialization and a focus on the
    implementation of sustainable energy resources,
    the Government of India is emphasizing exploring
    new avenues that can assist the nation in
    reducing its dependence on fossil fuels and its
    overall carbon footprint. Due to its geographical
    location, India receives sunshine equivalent to
    3000 hours per year and is leveraging solar power
    to meet a significant portion of its energy needs
    in an environment-friendly manner. Even in
    ancient times, solar power was a limitless and
    dependable source of energy for Indian citizens.
  • According to reports, India's total renewable
    energy capacity is 144 GW, out of which solar
    power accounts for 82 GW. By 2023, 51 solar parks
    were sanctioned by the Govt. of India to harness
    solar photovoltaic power for green energy
    transition.
  • After successfully reinforcing its credentials in
    the maintenance and overhaul space, Braithwaite
    Co. Ltd. has diversified its verticals to support
    the nation in achieving sustainability goals and
    enhancing the solar power capacity of India. With
    a commitment to clean and renewable energy
    sources, the Miniratna company is leveraging its
    expertise to increase India's installed renewable
    energy capacity.  

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  • Braithwaite believes India needs transformation
    in its existing energy system. The hour needs to
    establish a low-carbon energy system driven by
    new and renewable energy. By following a
    low-carbon pattern, India can foster economic
    development by gaining energy independence and
    reducing vulnerability to geopolitical
    disturbances.
  • In addition to making efforts to create renewable
    energy resources, the focus should be on
    conserving energy and enhancing energy
    efficiency. Since the core goal is to reduce GHG
    emissions, which are caused by fossil fuel
    consumption, the company looks forward to
    developing alternatives that can provide access
    to clean, safe, affordable, and reliable energy.
    Having already begun its march toward
    sustainability, Braithwaite has undertaken
    several projects in the renewable energy sector.
    One of its notable initiatives is the solar power
    projects spread across several parts of the
    nation. 
  • In 2022, the company began work on installing a
    10 MW solar power plant and a ten-year
    maintenance contract. With this feat, the company
    laid the foundation for future renewable energy
    projects to fulfill its mission of making India
    achieve its goal of developing 500 GW of
    renewable energy capacity by the year 2030. 

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  • In addition, it is supporting the nation's green
    initiatives through its contribution to the KUSUM
    scheme, launched by the Ministry of New
    Renewable Energy (MNRE). To ensure energy
    security in the Indian agricultural sector, the
    company provides innovative solutions to solarize
    irrigation pumps under all three components of
    the KUSUM scheme of MNRE in both CAPEX and OPEX
    mode.   
  • Recently, Braithwaite collaborated with Pinewood
    Systems, an active investor in the renewable
    energy sector, to develop a 500 MW solar project
    in Maharashtra. Holding a similar stance on clean
    and renewable energy, Braithwaite Pinewood
    Systems have joined hands to create sustainable
    solutions for a reduced carbon footprint. These
    projects are just the tip of the iceberg the
    Miniratna company is well prepared for the
    future. With several solar power projects in the
    pipeline, it is equipped to make India take the
    spotlight in the renewable energy sector.  
  • To achieve its goals and ambitions to open doors
    to sustainable avenues, Braithwaite has not
    limited itself to leveraging the sun. It is also
    leveraging wind and water energy to cut the
    percentage of fossil energy usage and decarbonize
    the energy mix.

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  • In addition, it contributes through its diverse
    projects in the waste management sector. Its
    leadership believes that sustainable
    manufacturing practices and harnessing renewable
    energy resources are the keys to producing green
    energy and achieving the target of net zero
    emissions by 2070 for India. India is one of the
    largest energy-consuming countries, and
    therefore, there is a significant need to develop
    clean-energy resources to reduce dependence on
    imports, resolve energy poverty, and strengthen
    Indian energy infrastructure. Moreover, the
    company's emphasis on indigenous development of
    such resources reflects its determination toward
    the 'Make in India' initiative.  
  • Braithwaite is determined and dedicated to
    finding resources and solutions to combat climate
    change mitigation. With time, it has equipped
    itself with the latest technologies, expanded its
    operations, and upskilled its workforce to work
    on the resources for the future. Braithwaite will
    continue to unlock new doors that pave the path
    to national progress. 

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