Global provider of consulting and technical services for wind, solar and hybrid energy storage projects, ArcVera Renewables has announced its entry into India’s fast-growing renewables market. The Colorado-headquartered technical services provider for energy projects India office will be located in Bengaluru. The company has assembled a team of international experts to deliver industry-leading technical expertise to project developers, lenders, and investors in India as well as other Southeast Asian and Pacific Rim countries.
Describing the decision to enter the Indian market as a sound long-long term business expansion decision, Gregory S Poulos, CEO, ArcVera Renewables said, “On one hand, India is a large and rapidly growing renewables market. Now, with energy tenders and hybrid project requirements, it is an even more complex and competitive market. Local developers and investors are seeking best-in-class technical expertise to lower project risk, find advantages no other company has uncovered, and raise project value. On the other hand, the recent exit of a competitor from the Indian wind market has left a vacuum that ArcVera is ideally positioned to fill in.”
ArcVera’s services cover the full project lifecycle, including finance-grade resource assessments, project design, technology assessments, financing, M&A, due diligence, construction, operations, and repowering. Its team comprises experienced atmospheric scientists, engineers, and data analysts, who leverage their advanced technical expertise to provide accuracy-driven renewable energy project services. ArcVera Renewables’ technical expertise is at the intersection of energy resource and storage and well-suited to support the hybrid project trend in India.
“ArcVera has an impressive track record in providing advantageous insights for wind energy, solar energy, and battery storage projects globally. We are looking forward to bringing our 40 years of experience to India’s renewable energy developers, OEM’s and Investors,” commented CR Anbalagan, Country Manager & Director of Business Development, ArcVera Renewables India Private Ltd.
ArcVera Renewables has considerable experience in the disciplines of atmospheric science, engineering, and data science, which stems from the origins of the wind industry in the late 1970s. For 40 years, their atmospheric scientists, data analysts, and engineers have leveraged their advanced technical expertise to help projects be more successful in development and financing and to perform better across their project lifetimes. In particular, the company is at the forefront of the mesoscale and microscale modelling discipline for wind energy applications.