The world is looking for alternate sources of energy because our non-renewable energy deposits are limited and depleting fast. Therefore, companies like the Private Limited, which is one of the biggest EPC firms in Western India, is what the future needs. Sunbuy, currently working in the B2B segment, has its own management tools for processing Solar Power Plant assets and presently, it has 50MW of projects in hand. More recently, Sunbuy has brought in the concept of a Mini Solar Park, with the help of small investments and an agreement regarding long-term power purchase from clients, which include industries, institutions, hotels and MNCs. The groundbreaking concept, when ready, would offer solar power at rates lower than the existing power tariffs, that too without any upfront investment.
Taking this concept forward, Sunbuy’s aim is to add 250 MW to India’s alternate energy capacity, with these Mini Solar Parks. These parks not only denote healthy, long-term returns on investments but also cheaper power to Industries, especially MSMEs. For now, Sunbuy is developing 3 such parks in Gujarat and for that it has brought on board High Net-worth Investors as well as auto-chemical-pharma companies as prospective consumers.
However, with diversity in sight, Sunbuy’s latest venture, Kosh Energy Technologies (KET) involves setting up a state-of-the-art Advance Chemistry (Lithium) battery assembly line production in Gujarat. This is a significant step ahead for the future of alternative energy because this plant will serve larger applications with its 50MW capacity annually. Talking about the strides that the group is making towards the future, Founder Darshan Shah says, “With this backward integration, Sunbuy is targeting upcoming EV market and Energy storage system. We are also focusing on a service delivery platform, which will also serve as the country’s only renewable energy marketplace. Our ultimate aim is to penetrate the ever-growing global solar energy market.”
Co-founder Shivam Shah pitches in, “Our teams and Our Management has always ensured health and safety of our labours and engineers on-site and off-site. We have incurred zero accident on our sites in last 5 years.”
Both Darshan & Shivam aim to make Sunbuy a pioneer in Innovative Renewable Energy Applications model. Having spent more than a decade in the business, the group has earned a vast experience in renewable energy project designing, financing and execution. No wonder then that Sunbuy is today leading the market for solar energy in India. If it continues in this direction, it won’t be long before Sunbuy becomes a world leader in cleaner, cheaper energy generation and create a literally brighter future for the world citizens.