Tata Passenger Electric Mobility and Tata Power Renewable Energy, a division of Tata Power, will use solar rooftop systems and electric vehicles to promote zero-emission mobility in India.
Customers of Tata Passenger Electric Mobility will be able to work with Tata Power Renewable Energy to build solar rooftop systems thanks to this partnership. In order to raise awareness of the advantages of solutions, both businesses will also market EVs and EV charging as well as solar rooftop systems to their respective clientele.
India’s transition to Net Zero emissions is mostly made possible by electric vehicles (EVs), which emit no emissions from the exhaust, and solar power systems, which produce electricity without emitting any pollutants. Over the past few years, the Indian government has supported electric vehicles (EVs) through a number of schemes. The most recent effort, the PM Surya Ghar Muft Bijli Yojana, intends to install solar rooftop panels at no cost to one crore families.
Even though solar rooftop systems and EVs each provide a separate business case for customers, combining the two solutions offers additional benefits like lowering the total cost of ownership for EVs, lowering EV customers’ electricity bills, quickening the payback period for solar rooftop owners who purchase an EV, and providing 100% emissions-free power for EVs.
In addition, combining Solar Rooftop Systems with EVs de-couples the well-to-wheel emissions of EVs from the grid mix, thus offering a much faster path towards net zero emissions for the transportation sector.
Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility Ltd. and Tata Motors Passenger Vehicles Ltd. said, “India’s net zero journey can only be achieved by switching to EVs and renewable power. We see significant synergies between the customers of EVs and solar rooftop systems. Over 90% of EV customers use home charging and nearly 30% of our EV owners are already using Solar Rooftop Systems. Combining forces with Tata Power Renewable Energy Ltd., we intend to democratize zero-emissions mobility and decouple EVs from the grid, while reducing running costs for customers.”
Praveer Sinha, CEO and MD Tata Power, said, “The combination of Solar rooftop and EV is a promising, cost-effective, sustainable solution for India and hence naturally complementary. Both solutions appeal to the same set of eco-friendly and value-conscious customers. We are excited to collaborate with Tata Passenger Electric Mobility Ltd. to drive greater adoption of Rooftop Systems and EVs and provide discerning customers with an opportunity to contribute to reducing emissions while saving money.”
Tata Power plans to aggressively promote solar rooftop adoption through its extensive network of over 700 channel partners and retailers to cover every nook and corner of the country. Notably, the company has served over 1,00,000 satisfied customers across India. Tata Power has installed a substantial number of 101,924 home chargers and 5,600 public chargers across India.
Tata Power Renewable Energy Ltd. through its extensive EV charging network of 5,600 public charging points is strategically positioned across India to provide solar-powered charging solutions.