SunSource Energy, a leading provider of solar energy solutions and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, has been selected as a finalist for the Platts Global Energy Awards program, now in its 26th year.

The 2024 finalists, nearly 56% of which hail from outside of the United States, were just announced by program host S&P Global Commodity Insights, the leading independent provider of information, data, analysis and benchmark prices for the energy, petrochemicals, metals, shipping, commodities, and energy transition markets. The Platts Global Energy Awards recognize corporate and individual innovation, leadership, and exemplary performance in 19 categories spanning the entire energy and chemicals value chain.

SunSource Energy has been announced as one of the 12 finalists for the ‘Infrastructure Project of the Year’ award’ for its clean energy transition project in Lakshadweep. Constructed by SunSource Energy for Solar Energy Corporation of India (SECI), the project boasts a combined solar capacity of 1.7 MW and a 1.4 MWh battery storage system and is one of the first on-grid solar projects with a cutting-edge Battery Energy Storage System (BESS) for island electrification in India.

On this occasion, Santanu Guha, CEO, SunSource Energy said, “We are delighted to be recognized as a finalist in the Platts Global Energy Awards. The Lakshadweep (Solar with Battery Storage) project is an innovative environmental stewardship initiative of national importance and represents a monumental step towards sustainable energy for the region.”

“The Platts Global Energy Awards has a long history of honouring industry pioneers whose vision and dedication power the progress and innovation of tomorrow. We are delighted to celebrate those who illuminate the path to a more sustainable future and look forward to convening this remarkable group of participants in New York this December," said Allison Sacco, Awards Executive Producer, S&P Global Commodity Insights.

Winners of the 26th annual Platts Global Energy Awards will be announced on the evening of December 12 at a black-tie gala in downtown Manhattan. The winners of the Platts Global Energy Awards are determined by an independent judging panel of international energy experts whose backgrounds and experiences include regulation, policymaking, corporate leadership, trading, and strategic consulting. Neither S&P Global Commodity Insights nor its event sponsors submit votes or select winners.

Access the full list of nomination categories and event details at the Platts Global Energy Awards website: www.globalenergyawards.com

About SunSource Energy

SunSource Energy, a subsidiary of the 127-year-old Dutch multinational SHV Energy, stands as a leading provider of solar-based energy solutions to commercial and industrial (C&I) customers. Headquartered in Delhi NCR, the company manages the entire lifecycle of solar power projects, with a robust portfolio of deployed, contracted, and under development, across key states in India. For more information, visit www.sunsource-energy.com.

About S&P Global Commodity Insights

At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value. 

We’re a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global. 

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.

Media Contact: Nishant Shukla, communications@sunsource-energy.com