ArcVera Renewables enters into India’s hybrid, wind, solar, and energy storage market to provide its finance-grade consulting and technical services.
ArcVera Renewables has announced its entry into India’s fast and rapidly growing renewables market. The US-headquartered company is an international consultancy and technology service provider for the sectors like wind, solar, hybrid, and energy storage projects.
ArcVera has brought together a team of foreign experts to provide leading industrial-technological expertise for project developers, lenders, and investors in India and other countries of Southeast Asia and the Pacific Rim countries. The company will be operating from its new Indian offices that are located in Bengaluru, India.
Services of ArcVera cover every aspect of the project, be it finance grade assessments of resources, technology assessments, financing, M&A, due diligence, or project designing, construction, operations, re-powering.
ArcVera’s with their advanced technical expertise provides accuracy-driven renewable energy project services. The team’s technological experience is well suited to promoting the Indian hybrid project trend.
“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. 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,” commented Gregory S. Poulos, CEO of ArcVera Renewables.
In its disciplines of atmospheric science, engineering, and data science, ArcVera has significant expertise, which sprouts from the origin of the wind industry in the late 1970s. Their atmospheric researchers, data analysts, and engineers have used their highly advanced technological know-how for 40 years to enable projects to grow and fund more efficiently and produce better outcomes over their project lifecycle.
“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 of ArcVera Renewables India Private Ltd.
ArcVera is especially at the forefront of the wind power mesoscale and microscale modeling discipline, delivering customers consistent superior wind energy project results and enabling them to comprehend their wind power resource with a high degree of precision before even the measurements are carried out.