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Search Result (10)
Showing Result for Keyword #renewable power
News & MediaMahindra Susten achieves ‘Water Positive Certification’ for 100% operating portfolio
Mumbai, January 10, 2024: Mahindra Susten, a leading renewable Independent Power Producer (“IPP”) with in-house expertise in engineering, procurement, and construction ("EPC"), is pleased to announce that it has been awarded the prestigious ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23.The accreditation, granted by esteemed certification authority TUV India (TÜV NORD GROUP), recognises Susten's commitment towards planet-positive initiatives and water resource conservation. This recognition comes after a thorough audit of all project locations in five states: Rajasthan, Gujarat, Madhya Pradesh, Telangana, and Andhra Pradesh. As per TUV India’s evaluation, Susten’s +1.5 GWp of renewable
Blog postHere’s how Commercial Solar Panels are changing your outlook on energy, one roof at a time.
What are Commercial Solar Panels?Commercial solar panels are nothing but the panels installed on rooftops that collect solar energy and form a Direct Current. They are an array of multiple photovoltaic (PV) solar panels that convert sunlight into electricity. Multiple cells make up a solar panel, create an electric field, and multiple panels or modules can be wired together to form a solar array. The energy collected from these panels then goes to a solar inverter which converts it into a usable energy source. Where do we put these panels? Aren’t these for bigger industrial areas?Commercial Solar Panels are not only
Sustain LeadershipSaurabh Mehta
Saurabh is the Head of IPP BD & Regulatory Affairs at Mahindra Susten. He joined the team in 2015; he has spearheaded business acquisition and project development activities for Mahindra Susten's IPP vertical. His primary focus lies in securing a renewable energy portfolio consisting of solar, hybrid, storage, and RTC-based projects with sustainable returns.Before joining Mahindra Susten, Saurabh garnered valuable experience working with esteemed organizations such as Reliance ADA Group and Electrotherm, where he held various leadership positions. Throughout his career, he has successfully facilitated the development of over 2.0 GW of renewable energy projects, including solar, wind, and solar
Blog postRevolutionizing Solar Energy: Using Robotics to Conserve Water
For many years, the solar industry has relied on water-intensive and labour-intensive processes to maintain and operate solar power technologies. From cleaning solar collection surfaces to photovoltaic panels, excessive water usage has been a common practice. However, at Mahindra Susten, we have been committed to finding a solution that reduces water consumption without compromising the efficiency of our systems.As a leading solar renewable Independent Power Producer (IPP), we take pride in managing a substantial portfolio exceeding 1.54 GWp. Yet, our impact extends beyond mere numbers. Our primary objective is to contribute 2.3 billion green units to the national grid through
Sustain LeadershipPravin Narkhede
Pravin is the Head of Design and Engineering at Mahindra Susten, where he plays a pivotal role in shaping the renewable energy projects involving solar, wind, and energy storage. With a strong focus on utilizing the right technology, Pravin is dedicated to advancing the mission of powering the world with renewable energy.Pravin brings a wealth of experience in the design and engineering field, specifically in renewable energy, having successfully designed and engineered over 4.2GWp+ of renewable energy projects that are currently powering grids. He believes in the power of value engineering and employs alternative thinking to create significant value in
Sustain LeadershipAnkit Jain
Ankit Jain is the Chief Projects Officer at Mahindra Susten. With over 17 years of invaluable experience in Real Estate, Infrastructure, and Renewable Energy, he has been one of the key driving forces behind the strategic and operational decisions that have shaped Mahindra Susten's success and propelled it to new heights in the renewable energy industry.Since inception of Mahindra Susten, Ankit has been associated with Susten and during this journey his expertise spans a diverse range of domains, from Business Development & Strategy to Procurement and Projects. His remarkable ability to handle the P & L responsibility for India and SEA
News & MediaA Milestone for Mahindra Susten: Winning the RUVNL Project
Mahindra Susten emerges victorious with 200 MW in Rajasthan Urja Vikas Nigam Ltd’s (RUVNL) latest 1 GW solar auction. The resounding victory underscores Mahindra Susten's dedication to pioneering sustainable energy solutions and its relentless pursuit of excellence in the renewable energy sector.The esteemed project was awarded to Mahindra Susten after navigating a competitive bidding process, followed by an impactful e-reverse auction phase. The endeavour will be formalized through a 25-year power purchase agreement between RUVNL and Mahindra Susten, reinforcing the long-term viability of the project.Earmarked for completion within 18 months, the project's timeline exemplifies Mahindra Susten's swift execution capabilities. With
News & MediaMahindra Susten-Ontario Teachers’ Deal Opens up a Wealth of Opportunities
Ontario Teacher's Pension Plan, a global investor, is set to acquire a 30% equity stake in Mahindra Susten, a cleantech arm of the Mahindra Group. This strategic move involves an equity value of ₹23.71 billion (-$300 million) and adheres to the regulations of the Securities and Exchange Board of India by establishing an Infrastructure Investment Trust (InvIT).Initially, the proposed InvIT will encompass renewable power assets with an operational capacity of approximately 1.54 GW, seeded by Mahindra Susten. Additionally, Mahindra Group's shareholder loans totalling ₹5.75 billion (-$73 million) advanced to Mahindra Susten will be duly repaid.A substantial influx of funds will
Blog postAdvantage: Rooftop Solar
Highlights of Rooftop SolarRooftop solar systems require lesser water when compared to ground-mounted solar power plants (for cleaning purposes). Plus, additional land acquisition, which is always the bane of any project, is not an issue with rooftop solar solutions. Off grid rooftop solar solutions reduce the requirement for large-scale transmission infrastructure for grid connectivity. Another problem that is tackled by on grid rooftop solar systems is that of under-utilization of the solar plant where the cost of building infrastructure to connect to the grid is much lower given the proximity to the grid.Opting for ‘net metering’, while installing your rooftop
Blog postSusten's Centre of Excellence Featured in UNGC
Genuine empowerment stems from empowering others. Mahindra Susten, a trailblazing Independent Power Producer (IPP) in the realm of renewable energy, stands as a beacon of this principle.Located at the heart of Karjat, the Susten’s Centre of Excellence is dedicated to training individuals from socio-economically disadvantaged backgrounds, preparing them for the transition into the renewable energy sector. To date, this initiative has made a profound impact, with the Karjat Center having provided comprehensive training to over 4,500 technicians in full-trade skills and more than 10,000 individuals in semi-trade skills.This remarkable endeavour, aimed at empowering communities to rise, has garnered recognition in
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Mahindra Susten Private Limited Embassy 247 Park, Tower B, 6th Floor, Lal Bahadur Shastri Marg, Vikhroli West, Mumbai 400083
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