ArcVera Enters Indian Renewable Energy and Storage Market

ArcVera Renewables, provider of consulting and technical services for renewable energy storage projects, has entered into India’s fast-growing renewables market with Indian office in Bangalore.

In order to deliver industry-leading technical expertise to project developers, lenders, and investors in India as well as other Southeast Asia and Pacific Rim countries, the company has assembled a team of international experts.

Commenting on India entry, Gregory S. Poulos, CEO of ArcVera Renewables, said “several factors have converged to make this a timely and strategically sound long-term business expansion decision for ArcVera. 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.”

Poulos further added “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.”

The company’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 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,” said CR Anbalagan, Country Manager & Director of Business Development of ArcVera Renewables India Pvt Ltd.

The company also said that it’s technical expertise is at the intersection of energy resource and storage and well-suited to support the hybrid project trend in India.

Moreover, it 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.

Since 40 years, it’s 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 modeling discipline for wind energy applications, providing clients with consistently superior wind energy project results, and giving them the ability to understand their wind energy site resource with high fidelity before measurements are even completed.