The renewable sector should focus on R&D to boost Aatmanirbhar Bharat
June 9, 2021
Renewable Energy for sustainable development in India
Renewable Energy for sustainable development in India
June 30, 2021

Solar Power : Reducing carbon footprints effectively

India is on the cusp of a ‘solar powered revolution’. The country has to deal with the twin problems of fast depletion of conventional fuels and environmental degradation leading to climate change.  Notably,  global warming and climate change are  the biggest challenges faced by humanity today. Consequently, there is an urgent need to reduce dependence on petroleum and other conventional fuels such as coal to ensure a cleaner environment. India is now at a tipping point, when utilization of solar energy can address both these issues.

According to a report released in 2019 by Scripps Institution of Oceanography in California, carbon dioxide levels peaked to a record high of 414.8 ppm (parts per million), the highest recorded peak in the last 61 years.  The increase of CO2 emissions is primarily because of human activities – such as burning fossil fuels which leaves behind carbon footprints. Due to the imbalance caused by human activities, the earth’s weather and climate systems are experiencing shifts, commonly referred to as climate change.  It has emerged as the biggest developmental challenge and calls for an urgent action.

Building the green way :

Cities are national hubs of community and economic activity – but they are also centers of energy consumption and pollution. Cities around the world notoriously consume two-thirds of the world’s energy, generating and polluting the world with 70% of the global greenhouse gases. Therefore, reducing green gas emissions in cities has  to be considered along with solving the energy crisis. However, these metropolitan cities are doing their part by opting for work-spaces that  shield   the environment, often known as green buildings, contributing towards sustainable living.

Green buildings are eco- responsible structures built using natural materials that are available in abundance. For eg: bricks made of clay, sand and recycled material such as fly ash that is disposed by power plants. Green buildings also attempt to work towards on-site energy generation through renewable energy utilization to cater to energy needs. For instance, solar thermal systems can help generate hot-water and replace the conventional electrical geyser in buildings. Solar PV panels can help generate electricity which can reduce the buildings dependence on grid power. Renewable friendly practices like rainwater harvesting and harnessing solar energy can be implemented for a better environment.

In an increasingly carbon-constrained world, the solar sector represents one of the least carbon-intensive means of electricity generation. Solar power produces no emissions while generating energy. Moreover, harnessing solar power as an energy resource, compared to biomass and hydropower, requires no water and therefore eliminates environmental concerns regarding increasing water consumption and subsequent shortages.

The way forward:

COVID-19 proved to be a stark reminder of how we all are an integral part of nature and the  larger eco-system. We are at the cusp  of a  global climate crisis, and our efforts to achieve environmental sustainability is crucial to tackle this crisis. India needs a green boost, therefore investing in solar power manufacturing and green building initiatives assumes greater significance. In the coming years, we will need policies that not only lower pollution and carbon emissions but also create jobs for its growing workforce. At the same time, the government needs to accelerate the phasing out of inefficient older coal plants in order to kickstart a green – oriented recovery.

As a solar power manufacturing company, Premier Energies is working towards a greener decade by expanding our capacities and developing innovative solutions to drive sustainability in the renewable sector. We aim to become one of the largest solar power manufacturing companies in India and support our government in meeting the green targets.

Highlights:

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has…

Play Video
Priyadarshan

Priyadarshan Bhatewara, CFA

Chief Financial Officer

He has 15 years of experience in Corporate Finance, Project Finance, Project Management, Business Development, and Financial Analysis of Climate Change Projects. He has worked in Hydro Power, Thermal Power, Wind Power and Solar Power projects. He has expertise in closing Investment deals, Management Information systems, Data Analysis, Financial Modelling. He has worked with companies like Azure Power, ReNew Power, Asian Development Bank, Rattan India, SNC Lavalin and Mott MacDonald. Priyadarshan has been awarded Zee Yuva Award (2017) for best practises in water conservation, Water Crusader Award (2017) by Hindustan Unilever and Energy Conservation Award (2016) by Vigyan Bharti. He holds a Bachelor in Engineering from VJTI, Mumbai, M.Tech from IIT Delhi and has earned CFA Charterholder from CFA Institute, USA.

Kasturi Roy

Advisory Team

Ms. Kasturi Roy Choudhury is on the Advisory team at Premier Energies. She has over 3 decades of professional experience with ‘Consultancy for Change and Growth’ and specializes in the areas of Management Consultancy and Corporate Training. At CFCG, Kasturi works as a Senior Consultant anchoring key client relationships & accountable for deliverables.

In her personal capacity, Kasturi is associated with social organizations like Jeevika Development Society, Garbage Free India & Sanjeevani Life beyond Cancer. Her distinguished academic career includes:PGDM from IIM Ahmedabad (1988), DBF from ICFAI, Hyderabad (1990), BE (Electrical) from Jadavpur University (1986).

SURENDER PAL SINGH

Founder & Chairman

A visionary, Surender Pal Singh is an eminent energy expert and accomplished business leader with over 40 years of rich industrial experience. His work states achievements in both conventional as well as non-conventional power projects. Known for his resourcefulness and deep knowledge on Solar, he has been conferred with national and international awards such as the International Project of The Year from Renewable Energy World, USA 2013, National Awards for Excellence in Renewable Energy for Rural Electrification from World Federation Of CSR Professionals, 2015, Udyog Bharti & Udyog Patra awards from the Vice President of India. A mechanical engineering graduate from Dharwad University, today he oversees operations and finance of the organization in addition to mentoring the young leaders.

CHIRANJEEV SALUJA

Founder & Managing Director

He is one of India’s 100 Most Influential Solar Business Leaders and a visionary who transformed the company from a solar enterprise to an integrated renewable energy solutions provider. Steering the company from a 5 MW production capacity in 1995 to 500 MW in 2018, he is now leading Premier Energies towards growth by expanding the production capacity to 750 MW solar cells and 1.2 GW solar modules.

He is a Founding Member of Premier Solar Power Tech and has built over 650+ MW of EPC and 130 MW of IPP. He serves as a Director on board for over 10 companies in the Solar Manufacturing and IPP space and the All India Solar Industries Association (AISIA). He is a member of the Governing Council of Indian Solar Manufacturers Association (ISMA). He holds a bachelor’s degree in Engineering from Osmania University, Hyderabad.

SUDHIR MOOLA

Executive Director

A distinguished engineer from JNTU, Hyderabad; an MS from Colorado University and an MBA from ISB, Sudhir has worked with PwC, USA before taking on a directorial mantle at Premier Energies. He heads the EPC business, as well as the construction of our new state of the art manufacturing facility. Sudhir is actively involved in all day-to-day operations of the organization, from managing external relations to defining policies, supervising department heads, and working on strategies for growth and business expansion.

VISHNU HAZARI

Chief Operating Officer

He brings over 14+ years of rich consulting experience in BFSI, Pharma and Healthcare sectors, having worked at JP Morgan Chase, Anthem, Infosys, Cognizant and Deloitte. He holds a MS (Mechanical Engineering) from Western Michigan University. At Premier Energies, Vishnu is responsible for managing the entire spectrum of operations of the manufacturing division.

REVATHI ROHINI B

Director & CFO-designate

She has served the Government of Telangana for over 30 years and retired as an Additional Commissioner of Commercial Taxes. A graduate in Agricultural Sciences, she brings in with her a rich, on-ground experience in indirect taxation and government regulatory affairs. A trailblazer and an expert in legal and commercial taxes, she now leads all financial and government related matters of the organization.

NIYATHI MADASU

Director

She comes in with over 16 years of experience in Talent Management, Leadership Consulting & Organization Development. She is proficient in a variety of methodologies including leadership framework development, psychological profiling & assessment, and design of talent management frameworks.

Niyathi holds an MBA in HR from the Symbiosis Centre for Management and Human Development, Pune and an executive certification in organization development from ISB Hyderabad. She leads People Operations for the group and double hats as a member of the marketing & branding team. She recently joined the elite Business World People 40 under 40 2020 list.

Jasveen Saluja

Director

She’s been a serial entrepreneur and comes in over a decade of experience in running her own company specialising in interior design. With an astute sense of business, she is responsible for business development, procurement, project planning and government liaisoning. She has a degree in commerce and fashion designing.

Dhruv Sharma

Advisory Team

Mr. Dhruv Sharma, has been associated with Solar Manufacturing in India since 2008. As the CEO of Jupiter Solar, he has played a pivotal role in the transformational journey of the company. He is responsible for leading the development and execution of the company’s vision, strategy and plans.

His understanding of the business has been instrumental in evolving growth strategies and significantly contributed to implementation of the group’s expansion and diversification into solar power sector.

Additionally, as Chief Business Manager at Premier Energies, he holds the responsibility of leading the foray of the Company into Solar cell manufacturing, focusing on Technology, Vendor relationships, Project management, Organization building and Key Account Marketing.