Introduction

ReNew Power launches ‘Sumant Sinha ReNew Centre of Excellence for Energy & Environment’ in collaboration with Indian Institute of Technology (IIT), Delhi

ReNew Power is founded by Sumant Sinha and backed by marquee investors
  • Client

    ReNew Power

  • Services

    Renewable energy

  • Technologies

    Renewable energy

  • Dates

    29/09/2017

Description

New Delhi, September 2017: ReNew Power Ventures Pvt Ltd (“ReNew Power”), India’s leading renewable energy company, has recently announced the launch of the ‘Sumant Sinha ReNew Centre of Excellence (CoE) for Energy & Environment’ at the Indian Institute of Technology (IIT), Delhi. The CoE was inaugurated by Sri Prakash Javadekar, Union Minister for Human Resource Development, Government of India. The inauguration ceremony was attended by Prof. V Ramagopal Rao, Director of IIT Delhi, Sumant Sinha, Founding Chairman & CEO of ReNew Power, faculty members and students of IIT Delhi and other dignitaries from academia, industry bodies, government and the corporate world.

The aim of this Centre of Excellence is to:

1. Establish a world-class research & development facility to develop cutting-edge renewable energy solutions

2. Foster exchange of ideas between industry, academia and policy makers from across the world to promote faster adoption of renewable energy

3. Offer research and internship opportunities for undergraduate, postgraduate and Ph.D students in industry

4. Develop research reports on renewable energy policy matters for Government of India and multilateral organizations, and

5. Skill enhancement of women engineers for entrepreneurship and in the field of renewable energy.

A hub for clean energy research

In the current form, the COE will be a hub at IIT Delhi for clean energy related research and the endeavour is to make it the most reputable and eminent centre for clean energy research. The Centre is currently undertaking research in the fields of:

1. Integration of large scale solar rooftop capacity with the electricity distribution network using battery storage technology

2. Measures for strengthening of transmission grid to accommodate the flow of renewable energy from utility scale plants, and

3. Development of charging infrastructure for electric vehicles.

Research outcomes will contribute towards accelerated development of these evolving fields. Also, the outcomes would be shared with the relevant Government Institutions on a periodic basis to enable policy shaping.

Union Minister Sri Prakash Javadekar while inaugurating the CoE said, “I am delighted that ReNew Power has undertaken this initiative to take industry academia partnership to greater heights. Industry participation is essential for creating solutions which are market ready and this COE will help solve critical problems in the clean energy sector.”

Sumant Sinha, Chairman & CEO, ReNew Power said, “We, at ReNew Power, are delighted to be partnering the Indian Institute of Technology (IIT), Delhi and I consider myself fortunate to start this initiative in my alma mater. I would like to thank the IIT team for their support and collaboration in setting up this Centre of Excellence. We are confident that this partnership will facilitate innovative research and help develop leading edge clean energy solutions to preserve the Earth for future generations. It will also promote the exchange of ideas between industry, academia and policy makers from across the world to promote faster adoption of renewable energy.”

Speaking about the initiative, Prof. V Ramagopal Rao, Director, IIT Delhi said “We are confident that the collaboration between IIT Delhi and ReNew Power in the form of the Centre of Excellence will go a long way in bringing to life the solutions and opportunities for prospective renewable energy scholars. The CoE will bring together knowledge and research on clean energy, facilitate clean energy investments, and help deploy clean energy technology solutions to establish India as a rising leader in the world of renewable energy.”

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