Date post: | 29-Jul-2015 |
Category: |
Environment |
Upload: | shubham-sandeep |
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About Your
Startup
Name of founders1. Shubham Sandeep2. Nimesh Gupta
Name of the organisationAeon Solaris
AddressAddress: 61 Sant Nagar, East of KailashCity: New Delhi - 110065
Social linksFacebook: /AeonSolarisTwitter: /AeonSolarisLinkedIn: /aeon-solarisYouTube: N/A
Contact number98735 07799
What does your
startup do?
We’re SOLAR, We’re DISTRIBUTED, and We’re an ELECTRIC UTILITY
We help companies GO GREEN and SAVE ON ENERGY COSTS with
ZERO INVESTMENT
Tell us something
about your
founders
NameShubham Sandeep
Social linkshttps://in.linkedin.com/pub/shubham-
sandeep/16/b4/298
• B-Tech in Electrical Engineering from IIT Delhi
• Worked in the Investment Banking Division of Deutsche Bank where he executed transactions worth more than $ 300 m
• Core team member of a youth-oriented advertising start-up platform in final year at IIT
Tell us something
about your
founders
NameNimesh Gupta
Social linkshttps://in.linkedin.com/in/
nimeshgupta2
• B-Tech in Electrical Engineering from IIT Delhi
• Worked with Royal Bank of Scotland in their Global Banking & Markets Division
• Briefly worked in a social venture fund funding entrepreneurs from low income background
How is your
startup transforming India?
Aeon Solaris is accelerating the shift from costly polluting imported fuel based generation to cheaper and sustainable
Distributed Solar
We help India in reducing carbon emissions and save the planet
We help India in lowering the fuel import billWe help India in bridging the fiscal deficit
We help India in meeting the energy deficitWe help India in decreasing investment in T&D infrastructureA commercial solar system (100kW) will offset over 18,00,000 kg of carbon dioxide over 15 years, saving the equivalent of
CO₂ absorbed by 1700 trees in their lifetime
Amount of net CO₂ exhaled by 450 humans for 15 years
Driving a car 72,00,000 kms
How is your
startup transforming India?
India imported 150 MT coal in
2012 – projected to rise to 450 MT
by 2022
Government claims a peak
energy deficit of 10% but doesn’t
factor in 24% T&D losses
Diesel generator usage is rampant
and generates electricity at INR
16/kWh
T&D investment of $ 40 billion
required to meet increasing
electricity needs
Coal based generation relying on costly imported coal and weak transmission & distribution infrastructure is not the solution to meet the
increasing energy needs of India