Ex-Tata Power Solar CEO joins ReNew Power as president of solar business

- Advertisement -

Ajay GoelMay 20, 2015: ReNew Power Ventures Pvt Ltd has appointed Ajay K Goel as president, solar and chief new businesses. In his current role, Goel will be responsible for building new businesses on the distributed side of the solar sector focusing on commercial, industrial and residential segments. This will entail creating end-to-end innovative solutions around multiple products, technologies and business models such as rooftop solar, energy efficiency, energy storage, among others.

Prior to joining ReNew Power, Goel was the CEO at Tata Power Solar, where he revived their cell and module manufacturing business as well as moved the company downstream in both central and distributed generation. Earlier, he spent 20 years in the United States gaining in-depth experience at leading high-tech and clean-tech companies such as SunEdison, Brightsource Energy and McKinsey where he helped them with strategy, new investments, product development and streamlining operations.

Commenting on the appointment, Sumant Sinha, chairman and CEO, ReNew Power, said, “As a company, ReNew Power is committed to providing value by innovating and expanding to new verticals that suit the India market. I am delighted that an industry veteran of the stature of Ajay joins us at this crucial juncture to drive some of the growth initiatives that will enable us to cement our position as the leading clean energy solutions provider in India. It further re-affirms our commitment to meeting the ever-expanding energy needs of the country.”

- Advertisement -

Commenting on his appointment, Goel said, “I am delighted to join ReNew Power, the leading renewable IPP in India. I have tremendous respect for the exponential growth that ReNew Power has achieved in a short span of time under the outstanding leadership of Sumant and I look forward to helping ReNew Power become the first name in Solar in India.”

Goel is an electrical and computer software engineer from Indian Institute of Technology, New Delhi and holds an MBA from the University Of Chicago Booth School Of Business.

- Advertisement -

Most Popular Articles

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

Progress And Challenges In Autonomous Commuting

0
Despite over a decade of technological advancements and testing in cities like Phoenix and San Francisco, robotaxis still faces significant hurdles.  Companies like Waymo, Cruise,...

New EV Policy Offers Incentives For Plant And Machinery Investments

0
Investments in creating physical infrastructure such as plants, machinery, charging stations, and other assets developed or acquired by companies will qualify for incentives under...

Battrix’s Dr Yashodhan Gokhale Joins JSW Energy As VP

0
Interestingly, he had started his professional innings in the role of a Research Chemist with Sudarshan Chemical Industries Dr Yashodhan Pramod Gokhale has joined JSW...

Important Sectors

Progress And Challenges In Autonomous Commuting

0
Despite over a decade of technological advancements and testing in cities like Phoenix and San Francisco, robotaxis still faces significant hurdles.  Companies like Waymo, Cruise,...

New EV Policy Offers Incentives For Plant And Machinery Investments

0
Investments in creating physical infrastructure such as plants, machinery, charging stations, and other assets developed or acquired by companies will qualify for incentives under...

Battrix’s Dr Yashodhan Gokhale Joins JSW Energy As VP

0
Interestingly, he had started his professional innings in the role of a Research Chemist with Sudarshan Chemical Industries Dr Yashodhan Pramod Gokhale has joined JSW...

Zevo India Aims For 50% Solar-Powered EVs In Logistics By FY25

0
The company intends to power its electric fleet using solar energy. Solar-powered vehicles, as implied by the name, are electric vehicles that use solar...

EVR Motors Discusses Tech Sharing With Indian OEMs

0
The Israel-based EVR Motors designs Radial Flux Permanent Magnet (RFPM) motors and licenses this technology for manufacturing by OEMs and component makers. EVR Motors, an...

Manufacturing

EVR Motors Discusses Tech Sharing With Indian OEMs

0
The Israel-based EVR Motors designs Radial Flux Permanent Magnet (RFPM) motors and licenses this technology for manufacturing by OEMs and component makers. EVR Motors, an...

Automotive Electronics Industry Growth Prospects And Strategies

0
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...