Regen Renewables Sign-up with J J Mills Group for the 3rd time to Solarize their factories

Exchange of letters JJ RR (LBN)

Regen Renewables (Pvt) Ltd., a leading provider of sustainable energy solutions, is excited to announce the signing of a landmark contract with J J Mills Group to commission state-of-the-art Solar Photovoltaic (PV) Systems across their facilities. This multimillion-dollar partnership marks a major milestone in advancing sustainable industrial practices in the country and demonstrates both commitment to environmental responsibility and carbon neutrality progression.

 



 

As part of the agreement, Regen Renewables will design, supply, and install customized Solar PV Systems specifically tailored to meet the energy requirements of J J Mills Group’s operations. This collaborative project aligns with global efforts to reduce carbon footprints and transition to renewable energy sources, positioning both companies as leaders in driving sustainability within their industries.

Dr. Lakmal Fernando, CEO of Regen Renewables, expressed his enthusiasm about the project: “We are thrilled to partner with J J Mills Group on this ambitious initiative. This collaboration not only supports their operational goals but also underscores their commitment to sustainable growth and environmental stewardship. At Regen Renewables, we are focused on providing innovative solutions that make clean energy both accessible and impactful for businesses. This is the third time JJM Group has signed up with Regen for a solar PV project.

The project will leverage cutting-edge solar technologies from Regen’s partner company, Das Solar with its latest N Type bifacial modules, ensuring maximum efficiency and reliability. With the installation of 4.2 MW of solar power, J J Mills Group is set to achieve a significant reduction in energy costs and a reduction in greenhouse gas emissions by 3,793 metric tons of CO₂ annually. This system will also enhance energy security and independence for J J Mills Group, further reinforcing their commitment to sustainability.

Mr. Srikumar Balasubramaniam, Managing Director of J J Mills Group, highlighted the importance of the partnership by saying “Partnering with Regen Renewables reflects our vision of integrating sustainability into our core operations. This project is a key step in reducing our carbon emissions and contributing to a cleaner, greener future for our industry. We have used Regens’ services twice in the past and very happy to partner with them for the third time to complete our largest RE initiative thus far”

Regen Renewables is a leading renewable energy company with over 12 years of expertise in delivering high-quality solar solutions. Focused on sustainability, they help industries, businesses, and communities reduce energy costs and contribute to a greener world.

J J Mills Group is a prominent industrial conglomerate with diverse interests in Yarn, Textiles, Apparel, Logistics, and Renewable Energy, with over 30 years in Sri Lanka’s apparel sector and a workforce of 10,000 across 11 factories.

Through this joint effort, Regen Renewables and J J Mills Group are working together to lead by example in the transition to renewable energy sources, setting a benchmark for other industries in the country. By adopting clean energy solutions, they are not only contributing to global efforts to combat climate change but are also fostering a culture of sustainability within their operations. This partnership therefore strengthens their ability to meet future energy demands, enhance their competitive advantage, and align with global sustainability goals, positioning both companies as trailblazers in driving a greener, more sustainable future for the industrial sector.

 



 

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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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