Page 25 - The 10 Most Innovative Green Energy Startups 2019
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respectively.
        Hotels like Le Méridien in New Delhi, Accor Hotels’ Ibis in
        Gurugram, and Hilton Shillim in Pune have installed rooftop
        solar plants for captive power consumption on their own
        premises. Due to the rising power prices, the hospitality industry
        is also resorting to captive off-site and open access power
        procurement of renewable energy to lower their operating
        expenses. Recently, the Oberoi Group’s Gurugram properties,
        Trident and Oberoi, switched to renewables and started
        procuring solar power from a 7.5 MW captive solar plant in
        Balasar, Haryana. Two large hotels in Jaipur, Le Méridien
        Resort & Spa and Hilton, source solar power through open
        access from 1.3 MWp and 2 MWp solar parks, respectively
        located in Gajner, Rajasthan. The hotels save roughly 1.5
        MUs and 2 MUs of energy per month respectively, leading to
        significant reductions in their power bills.
        In the southern part of the country, wind power is the preferred
        renewable energy source for the hospitality industry, with many
        large hotels procuring huge quantities of cheap wind power through
        the open access or captive route. For instance, ITC Grand Chola in
        Chennai gets most of its power from a captive wind power plant in
        Coimbatore. The hotel also produces biodiesel from organic waste
        to power its heat pumps and boilers. ITC’s other properties like
        ITC Maratha in Mumbai, and ITC Windsor and Royal Gardenia
        in Bengaluru meet almost their entire power consumption through
        captive wind farms. Other major hotels like the Leela Palace in
        Bengaluru, Oberoi in Bengaluru, Residency Towers in Chennai and
        Taj Coromandel in Chennai also procure significant wind power
        capacity. In fact, Vivanta by Taj in Coimbatore meets more than 80
        per cent of its total power requirements through wind power.
        The way forward
        As of today, ITC Limited’s hotels in total meet more than 58 per
        cent of their electricity requirements through renewable energy
        sources such as wind and solar. In 2017-18, Indian Hotels Company
        Limited, with its flagship brand, Taj, met 21.75 per cent of the
        total energy consumption of 60 hotels through renewable energy
        sources. Both ITC Limited and Indian Hotels Company Limited are
        expanding their solar and wind energy footprint. Other large hotel
        chains like Marriott International and Hyatt Hotels Corporation are
        also exploring renewable energy solutions as part of their corporate
        strategy. In fact, Mahindra Holidays & Resorts India Limited has
        committed to join RE 100, a global renewable energy campaign led
        by The Climate Group. It has also set a target to power 100 per cent
        of its global operations with renewable electricity by 2050.

        Renewable energy is expected to form a major part of the
        corporate strategy of hospitality companies as they strive to
        cut their operating costs and attract environmentally conscious
        youth travellers. In fact, hospitality is expected to emerge as
        a key stand-alone business segment for solar and wind power
        developers, and operations and maintenance service providers,
        leading to the development of innovative business models.
        Renewable integration with the use of energy storage systems
        may gain prominence in this space as quality and uninterrupted
        power is of utmost importance for hotels. Going forward, it will
        be interesting to see how renewable energy systems transform
        the hotel and hospitality landscape of the country.
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