The Most Influential Leaders in Solar Industry April2024

www.ciolookindia.com I N D I A Vol 04 Issue 03 2024 The Most Influential Leaders in Solar Industry Beyond Panels How Leaders are Shaping Solar Policy and Advocacy? CEO and Managing Director CIEL ET TERRE SOLAR PVT LTD Deepak Ushadevi Ushadevi Trailblazing a Floating CIEL ET TERRE SOLAR Powered Indian Future

The Most Influential Leaders in Solar Industry Solar Industry

ILLUMINATING CHANGE: LEADERS SHAPING THE FUTURE OF SOLAR ENERGY T he sun, once a source of passive energy, has become a powerful engine propelling our world towards a sustainable future. The solar industry has witnessed significant growth and innovation in recent years, driven by visionary leaders who have revolutionized the way we harness renewable energy. At the forefront of a change, these visionary leaders in the solar industry, with their dedication and innovation are reshaping the energy landscape. These leaders demonstrate exceptional foresight, strategic thinking, and a deep commitment to driving positive change in the energy sector. They spearhead groundbreaking research and development initiatives, champion policies that support solar energy deployment, and foster collaboration among industry stakeholders to accelerate progress towards a clean energy future. Their leadership extends beyond business success to encompass environmental stewardship, social responsibility, and community engagement. By promoting solar energy adoption, they not only contribute to reducing carbon emissions and mitigating climate change but also create economic opportunities, empower local communities, and improve energy access worldwide. These influential leaders play a pivotal role in shaping the future of solar power and driving sustainable change on a global scale. These influential leaders understand that solar energy is more than just generating electricity. They champion a vision for a sustainable future, one powered by clean, renewable resources. Their commitment extends beyond profit margins, encompassing environmental responsibility and a desire to create a more equitable energy landscape. As we navigate the challenges and opportunities of the transition to renewable energy, the influence of CIOLook India’s chosen ones of ‘The Most Influential Leaders in Solar Industry,’ will continue to shape the trajectory of the solar industry. Their vision, dedication, and innovation inspire us to reimagine the way we power our world and pave the way for a brighter, more sustainable future for generations to come. As we recognize the most influential leaders in the solar industry, it's essential to acknowledge their profound impact on advancing solar technology, promoting renewable energy adoption, and advocating for environmental sustainability. Editor's Note - Gaurav PR Wankhade Managing Editor

Profiles Cover Story 08 Unmesh Jagtap 20 Enlightening Indian Energy Industry with Ino-Group’s Green Solar Solutions An Influential Leader Leading the Shift to Sustainability - Yash Tarwadi Making the Switch to Solar Energy Easier, Faster, and Affordable for Everyone 28 articles 16 Beyond Panels How Leaders are Shaping Solar Policy and Advocacy? Deepak Ushadevi Ushadevi Global Changemakers Top Ten Trends in Leadership Pioneering Solar Power Around the World 24 Trailblazing a Floating CIEL ET TERRE SOLAR Powered Indian Future

FOLLOW US ON www.twitter.com/ciolookindia www.facebook.com/ciolookindia/ LOOK I N D I A www.ciolookindia.com WE ARE ALSO AVAILABLE ON The Most Influential Leaders in Solar Industry Solar Industry Abhishek Joshi Editor-in-Chief CONTENT CONTACT US ON Managing Editor: Gaurav PR Wankhade Assisting Editor : Prajakta Zurale Email sales@ciolookindia.com For Subscription www.ciolookindia.com Featuring Company Brief As the CEO and Managing Director of CIEL ET TERRE SOLAR Pvt Ltd India, Deepak is instrumental in developing the solar floating market to provide floating solar guidelines, knowledge transfer, and know-how to ensure quality and bankable floating projects in India. DESIGN Deepak Ushadevi, CEO and Managing Director CIEL ET TERRE SOLAR Pvt Ltd Visualizer: Sandeep Tikode Art & Design Director: Sameen Arif Sr. Graphic Designer : Rashmi Singh Copyright © 2024 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India. Eric Widget led Revoltcreations Solar Solutions deploy smart and advance energy design tools to design, install and commission the solar power plants. Revoltcreations Solar Solutions Eric Widget, CEO and Founder SALES As the Director and CEO of Ino-Group of Companies, Unmesh, with his team is engaged in diversified activities mainly in engineering, design and manufacturing, solar power, energy saving projects and products and specialty paint and coatings. From pioneering Freyr Energy’s growth in the solar sector, achieving a 10x revenue increase, to spearheading tech innovations that revolutionized the customer experience, Vidya navigates the complex terrains of strategic planning and digital marketing with finesse. Unmesh Jagtap, Director and CEO Ino-Group of Companies Vice President : Swapnali Vasaikar Asst. Vice President : Tejaswini Whaval Sr. Team Leader : Suraj Gadekar BDE : Bhagyshri Bhandwilkar Vidya Shenoy, General Manager Marketing Freyr Energy TECHNICAL Technical Head : Prachi Mokashi Technical Specialist: Rajeshwari Avhad Technical Consultant : Tanaji Fartade Driven by his vision of making solar energy accessible to all, Yash founded Solnce Energy, a company aimed at streamlining the adoption of solar power. Solnce Energy Private Limited Yash Tarwadi, Founder and CEO sales@ciolookindia.com April, 2024 SME-SMO Research Analyst : Renuka Kulkarni SEO Lead : Nikita Khadalkar Cover Price: Rs.300/-

Cover Story The Most Influential Leaders in Solar Industry Deepak Ushadevi Ushadevi Trailblazing a Floating CIEL ET TERRE SOLAR Powered Indian Future Deepak Ushadevi CEO and Managing Director CIEL ET TERRE SOLAR PVT LTD

W hat influences us the most are the simple innovations with profound impact. That impact could be seen in the global sustainability cause by the most influential leaders in the solar industry like Deepak Ushadevi, who, as the CEO and Managing Director of CIEL ET TERRE SOLAR PVT LTD, is pushing the envelope with a pioneering innovation of floating solar since 2011. As of today, CIEL ET TERRE INDIA (CTSP) has successfully commissioned projects across seven different states in India, boasting an impressive cumulative capacity of 260+ MWp, with a flagship project of 120 MWp in phase 1 contributing to the ambitious 600 MWp – phase 1&2 floating solar project led by RUMSL, solidifying its position as the world's largest floating solar initiative. Your uniqueness is defined by your innovation and authenticity. The Solar landscape is continually evolving. When asked how they ensure that their company remains adaptable and ahead of industry trends, providing innovative solutions to their clients, Deepak informs CIEL ET TERRE has been fully devoted to floating PV ever since. Deepak’s success mantra is simple. “Be the change you wish to see in the world. This quote by Mahatma Gandhi is what I ardently believe in,” he says. And Deepak has become that change throughout his personal and professional life. He started his career as an engineer at Chartered Semiconductor in Singapore. Professionally with over 23 years of experience in the field of solar and semiconductors in various capacities as a subject matter expert, technologist, and business unit head. Deepak's primary areas of expertise include new commercial initiatives, the introduction of new technology, strategic alignment, and market development. He focused on developing/commissioning new single Junction & Tandem Junction think film lines in India, Italy, Germany, China, Japan, and the US. Its unique expertise and track record make the company become the most experienced group in ‘Floating PV,’ especially thanks to ‘all-in-one’ solutions and high-quality services. CIEL ET TERRE’s teams are trained to adapt and respond smartly to the various needs in floating solar worldwide as the demand increases each year a little faster. Deepak adds, “Bankability, Reliability, Proximity and Flexibility are the key factors that enable us.” PioneeringHydrelio® Floating Solar What propels his passion for the Solar Industry is its expansive and eco-friendly nature, championing the cause of green energy. “This profound commitment to sustainability resonates with my professional journey,” he adds, as he has played a pivotal role in ushering in new technologies globally. Deepak’s involvement spans the IC Chip processor segment, Solar technology, and the revolutionary field of floating solar technology. The confluence of his experiences and the transformative advancements in these industries has shaped his career and fuelled his dedication to pioneering innovations in the pursuit of a greener and more sustainable future. In 2006, CIEL ET TERRE embarked on a journey in the renewable energy sector, initially focusing on rooftop and ground-mounted solar projects. In 2011, a pivotal moment occurred with the introduction of the Hydrelio® product, the patented Hydrelio Classic, a floating solar solution capable of accommodating modules up to 300 Wp. Classic Hydrelio design with a Standard tilt of 12° and easy operations and maintenance is its major feature. Building on this success, CIEL ET TERRE continued to push the boundaries of solar technology. Significant Strides in Renewable Energy Deepak informs that in 2015, they unveiled the Hydrelio Equato, designed to support even more powerful 400 Wp modules. Equatorial design with fixed tilt 5°. They are designed for equatorial adaptation, anchoring control, and cost-effective transport solutions optimised for 4-in-a-row configuration. CIEL ET TERRE is world leader in floating solar and also the leader in floating solar domain in India. Deepak shares the guiding philosophy that has propelled his organization's success. In 2018, CIEL ET TERRE embarked on its Indian venture, and since then, the company has been making significant strides in the renewable energy landscape. The company's headquarters, situated in Manyata Tech Park, Bangalore, has been instrumental in overseeing the implementation of various capacity addition and expansion projects. The year 2019 marked another milestone with the launch of Hydrelio Air 1280, a product capable of handling modules up to 500 Wp, demonstrating the company's commitment to staying at the forefront of solar energy advancements. Air Hydrelio is designed with 11° floats with a racking system, extra ventilation, and a cost-effective transport solution.

In 2019, CIEL ET TERRE once again raised the bar by introducing Hydrelio Air 1440, which is designed to accommodate modules with a capacity of up to 570 Wp. The company's dedication to innovation culminated in the groundbreaking release of Hydrelio Air Optim in 2023, which can support modules with an impressive 670 Wp capacity. improvement contribute to our efficiency, striving to enhance the overall ecosystem daily. Sustainability and environmental responsibility are crucial aspects of the modern Solar niche. According to Deepak, India, the world's most populous country, grapples with an insatiable demand for energy and land, departing fossil fuels imperative for a sustainable future. Considering the nation's circumstances, embracing green energy emerges as the optimal choice. However, challenges such as space constraints, land disputes, legal intricacies, and acquisition delays necessitate innovative solutions, with floating solar power emerging as a compelling alternative. The Guiding Light Today, Deepak’s leadership style is recognized as a driving force behind CIEL ET TERRE’s tremendous success. Shedding the light on his approach, he says leadership is the cornerstone of any organization's success. Be it a driving force that shapes the culture, values or behaviour of the workforce well, different leadership styles can profoundly impact how an organization operates on a day-to-day basis and the type of culture it fosters. “At CIEL ET TERRE INDIA, we have Democratic and transformational Leadership.” In the realm of solar, technology plays a pivotal role in enhancing efficiency. Similarly, Deepak says that in the ever-evolving landscape of renewable energy, the efficiency of floating solar stands out, influencing economic, environmental, and social dimensions more profoundly than conventional models. With nearly two decades of expertise in the renewable energy sector and a leadership role in a technology solutions provider, the journey into the realm of floating solar has unveiled a new market – floating photovoltaics (PV). A global imperative propels this evolution to generate clean energy with greater efficiency while conserving valuable land resources. *Democratic leadership: Deepak says they have leaders who believe in involving employees in decision-making. They seek input, opinions, and ideas from their team members. “This style encourages a culture of inclusivity, open communication, and teamwork. Our Employees feel valued and are likelier to be engaged and committed to the organization's goals.” Surmounting Adversities *Transformational Leadership: At CIEL ET TERRE INDIA, it is also about inspiring and motivating employees to achieve extraordinary results. This style fosters a culture of innovation, creativity, and continuous improvement. “Leaders encourage our employees to think outside the box, take risks, and pursue ambitious goals for the betterment of the organization.” The workforce is the cornerstone of any successful organization. Deepak says that as a technology-centric organization, they focus on empowering their human assets with the best industry practices to foster a culture of growth, skill development, and empowerment among their employees. They are promoting diversity and inclusion in all the functional departments. They prioritise continuous learning for all the employees and empower them to make decisions on their expertise areas. They promote a 360- degree feedback system to share inputs, raise concerns and receive constructive feedback from peers and supervisors. They are in high favour of reward and recognition programs, and their Fridays are filled with fun. Consistently Exceeding Client Expectations The essence of renewable energies lies in seamless operations and enhancing the end-user experience. To balance operational efficiency and customer satisfaction, operating as a multinational corporation across 30+ countries, CIEL ET TERRE adheres to rigorous protocols and standards. These guidelines propel us to consistently exceed client expectations. Daily tasks such as project tracking, milestone planning, and continuous project progress assessments ensure that our project execution consistently meets high standards. Moreover, engaging in face-to-face interactions with clients, actively seeking their feedback, and navigating through channels for Deepak adds, “We encourage our team to have a work-life balance with flexible timing and work-from-home options. We also have short- and long-term monitory benefits plans called Project-based benefits (PBB) to keep them motivated throughout the journey with us.” As a leader in India's Solar sector, challenges are an integral part of running any company, and “We've encountered our

fair share,” says Deepak. He adds that transportation headaches, tight timelines, and unpredictable weather conditions have all been hurdles they've navigated. All this model is being tested to extreme wind at ONETA French aerospace for wind tunnel testing and computational fluid dynamics, bending fatigue tested at IFP EB, UV corrosion tested for 20+ years lifetime, and drinking water compliance with BS standards. Transportation problems have been recurring, particularly when moving solar equipment or components to their project sites. To tackle this, they've fostered local partnerships for efficient transportation services and explored modular components that are easier to transport. “Flexibility in our logistics approach has proven key in overcoming this challenge.” Additional testing on the HDPE and colourant control, DQP, thickness control, cooling jig spec, dimension control, leak testing, etc., have also been benchmarked in our design and innovation space. In short, under the visionary leadership of Deepak, team CIEL ET TERRE is ensuring that India emerges as a super- player in the floating solar innovation, contributing tremendously to the global sustainability mission. For more information, please visit https://ciel-et-terre.net/ Time constraints often press on the team, threatening delays in installation and commissioning. “To counter this, meticulous project planning and scheduling have become our allies,’ says Deepak. Thus, he ensures they prioritize tasks and deploy project management tools. “Regular assessments and course corrections help us stay on track.” . Unpredictable weather conditions are part and parcel of working in the renewable energy sector. Deepak mentions that to tackle this challenge, they design their systems with weather resilience in mind. This includes flexible structures to withstand extreme weather and incorporating forecasting tools to anticipate changes. Smart technologies that adjust system parameters in response to weather conditions contribute to optimal performance and stability. “In the face of these challenges, our commitment to finding innovative solutions remains unwavering,” says Deepak. “We believe in a holistic approach that combines technology, strategic partnerships, and community engagement. Regular reviews and updates to our strategies based on project experiences keep us adaptive and resilient in the dynamic landscape of the solar sector.” Fostering A Floating Solar-Empowered Tomorrow Finally, Deepak divulges that looking towards the future, CIEL ET TERRE is actively engaged in research and development, aiming to introduce solutions that can accommodate panels with capacities of up to 700 Wp by the end of 2024. This commitment to pushing the limits of solar technology underscores CIEL ET TERRE's role as a trailblazer in the renewable energy industry, contributing to the ongoing global transition towards sustainable and clean energy solutions. With each product launch, CIEL ET TERRE reaffirms its dedication to driving innovation and shaping the future of solar energy.

S olar panels gleaming on rooftops have become a symbol of a greener future. But the journey towards a sun-powered world extends far beyond the hardware. The solar industry is not just about these panels that capture sunlight and convert it into electricity; it's also about the policies and advocacy efforts that shape the adoption and growth of solar energy. A new breed of leaders is emerging in the solar industry – leaders who are not just focused on installing panels, but on shaping the policies and advocacy efforts that will propel solar energy into the mainstream. Leaders in the solar industry are playing a crucial role in driving policy changes and advocating for the widespread adoption of solar energy as a clean and renewable source of power. A Call for Change: Championing Sustainable Policy These leaders understand that a robust policy framework is crucial for solar's long-term success. They actively engage in advocacy, pushing for policies that incentivize solar adoption, streamline regulations, and create a level playing field with traditional energy sources. Their efforts go beyond simply lobbying; they work to educate policymakers and the public about the economic and environmental benefits of solar energy. One of the key areas where leaders are making an impact is in influencing government policies related to solar energy. They work closely with policymakers at the local, national, and international levels to advocate for favorable policies that support the development of solar infrastructure, incentivize investment in solar projects, and remove barriers to solar adoption. This includes advocating for policies such as tax incentives, rebates, net metering, renewable energy standards, and streamlined permitting processes. How Leaders are Shaping Solar Policy and Advocacy? Building Bridges: Collaboration for a Sustainable Future The transition to a solar-powered future cannot be achieved in isolation. These forward-thinking leaders recognize the power of collaboration. They forge partnerships with environmental groups, consumer advocates, and energy utilities. By working together, they can address challenges like grid integration, storage solutions, and ensuring equitable access to solar energy for all communities. Leaders in the solar industry also play a vital role in shaping public opinion and raising awareness about the benefits of solar energy. They engage in public outreach Beyond Panels 16 | www.ciolookindia.com April, 2024 17 | www.ciolookindia.com April, 2024

campaigns, educational initiatives, and media outreach to inform the public about the environmental, economic, and social benefits of solar power. By dispelling myths and misinformation about solar energy and highlighting its advantages, they help build support for policies that promote solar adoption. solar energy becomes the cornerstone of a clean energy future for generations to come. Building a Collaborative Ecosystem The rise of solar energy necessitates a collaborative approach. These leaders recognize the value of partnerships, forging connections with governments, research institutions, and other industry stakeholders. By working together, they can overcome challenges, accelerate innovation, and ensure that solar energy becomes the cornerstone of a sustainable global energy system. Empowering Communities: A Grassroots Movement The fight for a solar future doesn't happen solely in boardrooms and committee meetings. These innovative leaders understand the importance of empowering communities. They support grassroots initiatives that encourage local solar installations, educate residents about the benefits of clean energy, and advocate for policies that prioritize community solar projects. A Brighter Future The leadership of these visionaries paves the way for a brighter future powered by the sun. Their dedication to sustainability, innovation, and collaboration will ensure that solar energy continues to illuminate the path towards a cleaner, more secure energy future for generations to come. Additionally, leaders in the solar industry collaborate with other stakeholders, including environmental organizations, community groups, businesses, and utilities, to build coalitions and advocate for shared goals. They participate in industry associations and advocacy groups to amplify their voices and leverage collective influence to advance solar policy objectives. Leaders in the solar industry are not only driving technological innovation but also shaping policy and advocacy efforts to accelerate the transition to a clean energy future. Their leadership and advocacy are essential for overcoming regulatory barriers, mobilizing public support, and unlocking the full potential of solar energy to address climate change and create a more sustainable world. Investing in Innovation: A Brighter Future Powered by the Sun Leaders in solar policy and advocacy recognize that innovation is key to overcoming existing challenges and unlocking the full potential of solar energy. They support research and development initiatives exploring next- generation solar technologies, improved energy storage solutions, and more efficient grid integration methods. Furthermore, leaders in the solar industry are actively involved in shaping international agreements and initiatives aimed at addressing climate change and promoting renewable energy adoption. They participate in global forums, conferences, and negotiations to advocate for ambitious targets for solar energy deployment and to promote international cooperation on clean energy solutions. A Legacy of Sustainability The leadership driving solar policy and advocacy is not just shaping an industry; it's shaping a more sustainable future. Their tireless efforts to create supportive policies, foster collaboration, and empower communities will ensure that 18 | www.ciolookindia.com April, 2024

The Most Influential Leaders in Solar Industry Our mission has been to enlighten the lives of every Indian by providing clean and safe energy at an affordable cost and Making in India green and environment- friendly technology and products. ‘‘‘‘ Enlightening Indian Energy Industry with Ino-Group’s Green Solar Solu?ons T he most influential solar leaders are those with a mission. Unmesh Jagtap’s mission with his Ino-Group of Companies is to enlighten the lives of every Indian by providing clean and safe energy at an affordable cost and 'Make in India' green and environment-friendly technology and products. As the Director and CEO of Ino-Solar Energy Pvt Ltd, Sonnenschein Engineering & Infra LLP, and NEOUNPA Engineering Technologies Pvt Ltd, or Ino- Group of Companies in short, Unmesh, with his team is engaged in diversified activities mainly in engineering, design and manufacturing, solar power, energy saving projects and products and specialty paint and coatings. The Team of Technocrats The group is promoted by technocrats who have vast experience working in the engineering and energy sector in India and worldwide with technology support from USA, India, and South Africa-based companies who have conducted numerous research programs in the energy and engineering sectors and have successfully commissioned projects which have illuminated the homes of thousands of low-income houses in all parts of the world as well as helped the environment through energy saving and reducing hazardous waste. Unmesh, along with Bipin Shah, is a founder and director. With a Mechanical Engineering Degree, Unmesh did his Master's in the USA as a Research Assistant under the guidance of Dr Yogi Goswami, a renowned researcher in solar energy, at the University of Florida’s Solar Energy & Energy Conservation Laboratory. Director and CEO, Ino-Group of Companies 20 | www.ciolookindia.com April, 2024 21 | www.ciolookindia.com

distribution, marketing, servicing of solar-based products such as Solar Home Kits and appliances, Solar Lights, Solar Power packs, Solar Water Pumps; Electronics Products such as power saving transformers, capacitor banks, waste to energy appliances, prefabricated efficient house; energy optimization equipment’s, smart remote monitoring and control systems. with the Global Cool Cities Alliance, Sustainable Energy for All and Nesta’s Challenge Prize Centre and supported by the World Resources Institute.” SEIL has been selected by the World Bank's IFC (International Finance Corporation) Tech Emerge Program as an “Innovator” for our passive cooling solutions, such as Cool Paints. SEIL will collaborate with various Adopters from South America and Nigeria to conduct Pilot Projects and implement our solutions in countries like Mexico, Colombia, and Nigeria. One Group Company manufactures various Diesel Engine Parts and Fuel Rail Assemblies. It has a full- fledged CNC Machine shop. It offers Turnkey Projects for the complete Product Development of Special-Purpose Testing Machines for the Food and Engineering Industries, such as NDT-type Testing Machines. Engineering services include concept design, 3D modelling, prototype products, and special-purpose machines, as per client requirements. Ÿ The company's goal is to provide a holistic 360-degree Solution to any customer in all the above areas by measur- ing, analysing, and understanding the exact Energy need and usage. The solutions should be technologically advanced and affordable to all sectors based on their financial capacity and give them optimum ROI on any investments made. Ÿ Ÿ Ino-Indian Future Green Energy Vision Ÿ Divulging his future vision, Unmesh says, “Currently, we are working on some Solar Projects and researching providing Smart Power Optimization solutions for Residen- tial applications in the USA and other parts of the World.” Future projects are in the pipeline to provide Solar Grid- Connected Systems with Smart Power Conditioning Units for big residential Projects in the USA. We are also planning a few MW-scale Solar projects in India. Optimum Advances Unmesh’s take on advanced technologies is optimistic. He says AI and ML are the way most companies will operate or have to operate in the future. The Mechanical Engineering Industry is adopting these techniques fast for large manufacturing or Service Units. The adoption of MSME is not that fast due to investment constraints, but eventually, as technologies evolve and scale increases, “I am sure MSME will use both AI and ML in the best possible and optimum way.” Unmesh researched Experimental Evaluation and Theoreti- cal Modeling of Solar Optical Properties and Shading Coefficients of Compound Fenestrations. He has expertise in manufacturing Solar PV Modules and as a System Integrator for designing and implementing various projects in Solar PV Power Plants, Solar Water Heaters, Domestic Wind Turbines, Wind & Solar Hybrid Systems and Energy Conservation Solutions. He has completed assignments like setting up a PV Module Manufacturing Plant, EPC of Solar PV Plants from 1 KW to 1000 KW and Consultancy for Solar PV and CSP Plants. of the community, which are in low-income areas or Rural areas, at affordable prices. Flexibility to adapt as per Customer Needs. There is no compromise on Quality Products even though the Market competition is forcing price cuts. Holistic and honest 360-degree guidance and solutions to Clients regardless of actual Business Case Conver- sion also help. “Our aim is always to educate our clients and the general society about Energy Conservation,” adds Unmesh. Telling more about their offerings, he says they include Solar Project Development, EPC, and Infrastructure Projects are in CAPX and OPEX mode, mainly for industrial and corporate clients. Developing and manufacturing Solar Module Mounting Structures with LUXRA Solar, Germany. Reflective Cool Paints are manufactured in a joint venture with Millennium Solutions, USA. The product is certified by the Cool Roof Rating Council (CRRC), USA, and is now being exported from India to Africa, Mexico, Colombia, and Bangladesh. “Our Paint has been approved and used by almost all participants in the Million Cool Roofs Challenge going over the Globe, which is a joint Project by the Kigali Cooling Efficiency Program (K-CEP) in collaboration Ÿ Ÿ Other Major R&D is going on Energy Simulation for Buildings and Smart Fenestrations, which have AI capabili- ties to adjust the solar radiation to the building for proper lighting while keeping the heat transmitted to a minimum level. Ÿ Ÿ In the Solar Module Manufacturing industry, full automa- tion has already become mandatory for world-class quality products. As the product is too sensitive to contamination and manual errors, manual intervention is becoming almost zero in new, upcoming manufacturing facilities. “In specialty paints, we have developed Fire-Resistant Paints, and our future plan is to Export them along with our Reflective Paints to a global client base.” Ÿ He has also worked as a Board Member for LUXRA India, a subsidiary of LUXRA Group, Germany, and is engaged in solar module manufacturing and projects. “Lastly, we are working on a Carbon-Neutral Resilient Farming project.” It aims to provide small farmers with zero-carbon farming solutions, which include various technologies like Bio-Digesters, biogas, Solar-Powered Prefabricated small Cold Storage Plants, Solar pumping solutions, and passive-cooled storage areas. Remote monitoring of solar plants is used effectively, even for small ones. However, the way ahead is to control parameters and make corrections or maintenance remotely. This will be a great help in the case of Remote and large solar plants. Ÿ Excellence Through Innovation Ÿ Unmesh states, “Our philosophy is Excellence through Innovation, and our mission has been to enlighten the lives of each and every Indian by providing clean and safe energy at an affordable cost and Making in India green and environment-friendly technology and products.” “We have tied up with the University of Gujrat, which has set us up with an Energy Centre. Through that, we are implementing a Pilot Project for a smart Village that will be self-power sufficient and aim for zero carbon emissions,” concludes Unmesh. The Sustainable Goal Ÿ According to Unmesh, the objectives of the group are to carry on in India and abroad the business of manufacturing, engineering, designing, consultancy, repairing, developing, fabricating assembling, production, sales, trading, Sharing their other USPs, Unmesh says they include: Ÿ Focus on Technology, Innovation and continuous improvements in products and services. Ÿ Focus on providing technologies to the neediest sector 22 | www.ciolookindia.com April, 2024 23 | www.ciolookindia.com April, 2024

A s the world increasingly recognizes the urgency of addressing climate change and transitioning to renewable energy sources, solar power has emerged as a key player in the global energy landscape. The sun is rising on a new era of leadership in the global energy sector. Visionary individuals are emerging as changemakers, pioneering advancements in solar power and pushing the boundaries of what's possible. Leadership in the solar industry is not only driving technological innovation but also shaping trends that are pioneering the widespread adoption of solar power around the world. Top Ten Trends in Leadership Pioneering Solar Power Around the World Progressive Policy Powerhouses: Leaders in the solar industry are actively advocating for policies that support the development and deployment of solar energy. They work with governments and regulatory bodies to implement favorable policies such as tax incentives, feed-in tariffs, and renewable energy mandates. These leaders are adept at navigating the complexities of policy and regulation. They advocate for policies that incentivize solar adoption, streamline permitting processes, and create a level playing field with traditional energy sources. Community Engagement Champions: Solar industry leaders are engaging with local communities to build support for solar projects and ensure that solar benefits are equitably distributed. They are partnering with community Global Changemakers 24 | www.ciolookindia.com April, 2024 25 | www.ciolookindia.com April, 2024

organizations, local governments, and indigenous communities to develop community-owned solar projects and share the economic benefits of solar energy. They understand the importance of empowering local communities. They support grassroots initiatives, educate residents about solar benefits, and champion policies that prioritize community solar projects, fostering local energy independence. creating a sustainable future powered by clean, renewable resources. Education, Outreach, and Collaboration Connoisseurs: Solar industry leaders are raising awareness about the benefits of solar energy and educating consumers, businesses, and policymakers about the opportunities and challenges of solar adoption. They are developing educational programs, hosting events, and leveraging media and social media platforms to promote solar power. They recognize that a successful solar future requires collaboration. They forge partnerships with governments, research institutions, energy utilities, and environmental groups to address challenges and accelerate progress. Ingenious Innovation Architects: These leaders are champions of research and development. They invest in exploring next-generation solar technologies, improved energy storage solutions, and more efficient grid integration methods, ensuring solar remains competitive and accessible. Solar industry leaders are expanding into new markets around the world, driving global growth in solar installations. They are investing in emerging markets and working to overcome barriers to solar adoption in regions with limited infrastructure and regulatory challenges. Global Vision, Local Action: These leaders understand that the path to a solar future is paved at both the global and local levels. They champion international cooperation on solar development while actively implementing solutions within their own communities. Solar industry leaders are working together on international initiatives and partnerships to promote global cooperation on solar energy deployment. They are collaborating on research and development projects, sharing best practices, and supporting capacity building efforts in developing countries to accelerate the global transition to solar power. Transformational Tech Titans: Technology is a key driver of progress in solar. These leaders leverage advancements in AI, data analytics, and blockchain to optimize solar panel efficiency, streamline project management, and create intelligent solar grids. Leaders in the solar industry are driving innovation in solar technology, including improvements in solar panel efficiency, energy storage solutions, and smart grid integration. They are investing in research and development to make solar power more affordable, reliable, and accessible. Data-Driven Grid Integration Decisions: In today's data- rich world, these leaders leverage data analytics to optimize solar projects, identify areas with the highest solar potential, and track the industry's progress towards sustainable energy goals. Solar industry leaders are working to integrate solar power into existing energy grids and optimize grid stability and reliability. They are developing technologies such as energy storage systems, demand response programs, and grid-scale solar installations to support the integration of solar energy into the grid. Financial Finesse Architects: Financing solar projects can be complex. Solar industry leaders are pioneering new financing models to make solar energy more accessible to a wider range of customers. They are developing innovative financing solutions such as solar leasing, power purchase agreements, and green bonds to overcome financial barriers to solar adoption. These leaders develop innovative financing models like green bonds and community solar subscriptions, making solar power more accessible to individuals and businesses. Storytelling Corporate Leadership Strategists: Effective communication is key to garnering public support for solar energy. These leaders are adept storytellers, using compelling narratives to educate the public about the economic and environmental benefits of solar power, fostering a sense of shared responsibility for a sustainable future. Leading companies across industries are committing to renewable energy targets and investing in solar power to reduce their carbon footprint and meet sustainability goals. Solar industry leaders are working with corporate partners to develop customized solar solutions and drive corporate investment in solar projects. Sustainability Policy Coordinating Crusaders: Solar industry leaders are collaborating with governments, utilities, and other stakeholders to develop coordinated policies and regulations that support the growth of solar power. They are advocating for policies that enable grid modernization, streamline permitting processes, and facilitate interconnection of solar systems. They are driven by a deep commitment to environmental responsibility. Their leadership extends beyond profit margins, focusing on 26 | www.ciolookindia.com April, 2024

An Influential Leader Leading the Shift to Sustainability - Yash Tarwadi Founder and CEO Solnce Energy Private Limited Making the Switch to Solar Energy Easier, Faster, and Affordable for Everyone W ith their keen vision and deep-rooted entrepre- neurial acumen, influential leaders guide others to shed pollution-increasing practices and embrace sustainable and eco-friendly innovations so that we can cleanse our environment. global climate change. Motivated by his desire to positively impact the environment, he set out to harness solar power for his use. However, in 2017, when Yash began installing solar panels on his roof, he was inundated with choices and uncertain- ties: which panels to choose, who to hire for installation, where to procure the necessary components, and how to budget for it all. Recognizing that many others faced similar challenges, Yash saw an opportunity to simplify the transition to solar energy. Influential leaders like Yash Tarwadi, who possess the innate ability to identify opportunities, take calculated risks, and build successful ventures, can inspire and guide others. Yash is the Founder and CEO of Solnce Energy Private Limited. Solnce Energy is an Indian company focused on simplifying the adoption of solar energy for homes and businesses. Yash informs that they offer services through their app, including connecting clients with solar panel installers, facilitating competitive bidding, and managing paperwork. Driven by his vision of making solar energy accessible to all, Yash founded Solnce Energy streamlining the adoption of solar power. “My mission was clear: to make the switch to solar energy easier, faster, and more affordable for everyone,” says Yash. , a company aimed at A Young Visionary Fostering Accessible and Affordable Sustainable Energy Yash, aged 27, is a chemical engineer and an alumnus of IIM. During his engineering days, renewable energy wasn't a hot topic. However, Yash was deeply concerned about Emerging as one of the best solar companies, Yash says that from the beginning, they focused on making solar services accessible and affordable. “Being in the industry, we know the loopholes, so we have developed India’s First Solar app 28 | www.ciolookindia.com April, 2024 29 | www.ciolookindia.com April, 2024

The Most Influential Leaders in Solar Industry empowerment, and continuous growth. “I believe in leading by example, setting clear goals and expectations while providing the necessary support and guidance for my team to thrive.” “We gather customer feedback through surveys and reviews and use this information to refine our processes and enhance the end-user experience. By being proactive and responsive to customer feedback, we demonstrate our commitment to their satisfaction and loyalty.” - Solnce App - for customers to make it as easy as Amazon to buy anything. In our case, it is any kind of solar service. This accessibility has attracted most of our customers, and our app works on a unique bidding process to make it affordable. These points were major focuses we have taken care of, which has been our organisation's guiding philosophy,” states Yash. First and foremost, he prioritizes open communication and transparency. He encourages feedback from team members at all levels and actively listens to their ideas, concerns, and suggestions. “By creating an environment where everyone feels heard and valued, we foster trust and mutual respect within the team.” Benchmarking Environmental Ethos The Solar landscape is continually evolving. Thus, to ensure their company remains adaptable, Yash says they closely monitor industry trends and technological advancements. They closely observe research and development to stay at the forefront of solar technology, allowing them to anticipate changes and adapt their services accordingly. According to Yash, sustainability and environmental responsibility are fundamental principles that guide their company's operations and shape their commitment to creating a greener future. “We understand the solar industry's critical role in mitigating climate change and reducing our carbon footprint, and we are dedicated to leading by example.” Furthermore, Yash believes in empowering his team members to take ownership of their roles and projects. He adds, “I provide them with the autonomy and resources they need to succeed while encouraging innovation and creativity.” By empowering individuals to make decisions and take initiative, Yash cultivates a sense of ownership and accountability, driving individual and collective success. Moreover, their commitment to innovation is exemplified by the development of India’s First Solar app - Solnce App. This groundbreaking platform revolutionizes how customers access solar services, making it as easy as shopping on Amazon. Yash adds, “By this, we continue to lead the way in providing cutting-edge solutions to our clients, ultimately driving the growth and success of our company in the ever- evolving solar landscape.” One of the primary ways they integrate sustainability into their operations is by promoting renewable energy sources, particularly solar power. “By providing high-quality solar energy solutions to our customers, we enable them to reduce their reliance on fossil fuels and transition to clean, renewable energy sources.” This not only helps to lower carbon emissions but also contributes to the overall health of our planet. Efficiency Optimum – Satisfaction Maximum Yash furthers that at Solnce, they understand that the essence of solar lies in providing efficient and sustainable energy solutions and ensuring a seamless customer experience. “Striking a balance between operational efficiency and customer satisfaction is at the core of our business strategy.” An Ever-Triumphant Leadership In addition to promoting renewable energy adoption, they are committed to minimizing their environmental impact as a company. “We strive to operate in an eco-friendly manner by implementing energy-efficient practices, reducing waste generation, and optimizing resource utilization wherever possible. We are dedicated to raising awareness about environmental stewardship and sustainability within our community.” Through educational initiatives, outreach programs, and partnerships with local organizations, Yash ensures he and his team empower individuals and businesses to make more sustainable choices and take meaning- ful action to protect our planet. Yash’s leadership is what drives Solnce’s success. Accord- ing to him, as a leader, his approach to leadership and team building is rooted in fostering a culture of collaboration, Gone are the days of cumbersome paperwork and lengthy consultations. With the Solnce App, the entire process of solar energy adoption has been digitized and simplified, putting the power in the hands of the consumer. From selecting the right panels to finding reputable installers, every step of the journey is seamlessly integrated into one user-friendly platform. Yash and his team of experts have implemented several key initiatives to achieve this balance, and their Solnce app plays an important role. Firstly, they invest heavily in cutting-edge technology and streamlined processes to optimize operational efficiency. “By leveraging our Solnce app, we minimize manual errors and maximize the speed and accuracy of our operations.” This allows them to deliver prompt and reliable customer service while minimizing downtime and disruptions. By leveraging the latest digital technology, Solnce App empowers users to make informed decisions quickly and effortlessly. “Whether it's comparing prices, reviewing installation options, or tracking energy savings, our app offers unparalleled accessibility and transparency, paving the way for a brighter, more sustainable future for all,” claims Yash. Being in the industry, we know the loopholes, so we have developed India’s First Solar app - Solnce App - for customers to make it as easy as Amazon to buy anything. Epitomizing Techno-Smart Solutions Furthermore, they prioritize customer-centricity in every- thing they do. “From the initial consultation to post- installation support, we prioritize open communication, transparency, and responsiveness. We listen closely to our customers' needs and preferences, tailoring our solutions to meet their requirements.” Additionally, they provide comprehensive support and guidance throughout the customer journey, ensuring a smooth and hassle-free experience. In the realm of solar energy, technology plays a pivotal role in enhancing efficiency. Ardently believing in this fact, Yash says that at the heart of their focus lies the innovative Solnce App, representing a revolutionary leap into the digital realm and epitomizing smart solutions for the Indian market. Serving as India’s first one-stop solar application, Solnce App embodies efficiency and convenience like never before, streamlining what used to be hours of offline labour into a matter of seconds. Ensuring Constant Team Upgrade He also adds that they recognize that their workforce is the backbone of their success. “We are committed to fostering a culture of growth, skill development, and empowerment among our employees, ensuring they have the tools and support they need to thrive.” Moreover, they continuously monitor and evaluate their performance to identify areas for improvement. 30 | www.ciolookindia.com April, 2024 31 | www.ciolookindia.com April, 2024

One of the key ways they promote growth and development is through ongoing training and professional development opportunities. They offer a variety of workshops, seminars, and online courses to help employees enhance their skills and knowledge in their respective areas of expertise. “We believe in providing opportunities for employees to take on new challenges and responsibilities. We offer cross- functional training and rotational programs that allow employees to gain exposure to different aspects of the business and develop a broader skill set. We also promote from within whenever possible, recognizing and rewarding employees who demonstrate initiative and leadership potential.” forefront of India's solar landscape, driving innovation, sustainability, and accessibility in the renewable energy sector. Work more on our vision of making solar accessible and affordable. We aspire to continue making a significant impact by expanding our reach, advancing technological solutions, and promoting widespread adoption of solar energy across the nation.” He furthers that they are committed to expanding their presence across India, reaching underserved communities and remote areas with innovative solar solutions. “We believe everyone should have access to clean and affordable energy, and we are dedicated to bridging the gap through our initiatives and partnerships.” In addition to formal training and development initiatives, Yash says they have open mic sessions that focus on the employees' mental health, and they empower employees to take ownership of their work and contribute ideas for improvement. They also provide opportunities for employees to participate in decision-making processes and initiatives that directly impact the company's direction and success. Yash’s vision for the future is to drive India's transition to a sustainable energy future powered by solar. “Through innovation, expansion, advocacy, and collaboration, we are committed to making a lasting and positive impact on India's solar landscape,” he concludes. Recently, Yash and his team Solnce have received Skilled Problem Solvers The prestigious honour of “Tech For Good 2023 Award” from Times Network India and ‘Emerging Energytech Startup of the Year 2021,’ by The Southern Gujarat Chamber of Commerce and Industry. UNDP has selected the company. • As a leader in India's Solar sector, Yash reveals they faced a significant technical challenge when implementing a large- scale solar project with complex integration requirements. “Our team, however, displayed exceptional problem-solving skills and collaboration.” Through rigorous research and collaboration with experts, they developed a tailored solution that addressed the technical complexities and enhanced the overall efficiency of the project. “This instance demonstrated our team's technical prowess and determination to deliver innovative solutions, solidifying our reputation as leaders in the solar sector,’ says Yash proudly. • • Solnce Energy's initiative shows immense potential for sustained growth and continuity. With a target market of 19.9 million Micro, Small, and Medium Enterprises (MSMEs) seeking solar solutions, the initiative has a vast opportunity to make a significant impact. As the global focus on renewable energy and environmental sustainability intensifies, the demand for Solnce Energy’s services is expected to rise consistently. Envisioning a Solar-Powered Nation Thus, looking to the future, Yash divulges his plans: “As we look to the future, our vision for our company is to be at the 32 | www.ciolookindia.com April, 2024

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The Most Influential Leaders in Solar Industry April2024

The Most Influential Leaders in Solar Industry April2024

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