‘Swades’ story in Real life
With an engineering and management degree from University of Pennsylvania, a flourishing career with energy-focused companies in the US where the base package is a sinful $1,00,0000 per annum. What more can you ask for? Well, Siddharth Malik had other ideas. This passionate 30-year old left all this to come back to India and start his own renewable energy venture amalgamating high-performing solar-thermal systems with fossil fuels.
He started Megawatts Solutions in 2010, which provides concentrated solar-thermal solutions. “At least when sun is shining, fossils need not be fired,” says Malik, adding, “this simple idea creates long-term economic value for industry owners.”
Its 0.5-mw pilot project in Guragon provides a hybrid solution by integrating solarthermal with fossil fuel that offers considerably higher value than stand-alone solar thermal plants. “
Its 0.5-mw pilot project in Guragon provides a hybrid solution by integrating solarthermal with fossil fuel that offers considerably higher value than stand-alone solar thermal plants. “
It has resulted in up to 25% more efficient performance than competing technologies, which makes a drastic improvement in economics of solar,” adds Malik. MS’ solutions are based on home-grown concentrated solar thermal technology and its role ranges from designing to manufacturing, installing and commissioning industrial-scale solar thermal projects. It has four projects in the pipeline including a 3 mw solar thermal heating project in Gujarat – the largest ever in India.
Megawatt Solution was founded in 2010 with a vision to provide Clean Energy For All. The company aims to develop and manufacture promising innovative industrial-scale energy solutions to advance clean energy contribution in industrial energy mix. The immediate focus of the company has been to harness solar thermal energy and the long term focus is also on alternative technology platforms such as geothermal, biogas, etc.
Contact Details:
Megawatt Solutions Pvt. Ltd.A 272, Sector 46
Noida.
Uttar Pradesh - 201301.
India.
Phone: +91 9654451401
Fax: +91 11 66173761
Email: info@megawattsolutions.in
Website: http://megawattsolutions.in/contact.php
Megawatt Solutions Pvt. Ltd.A 272, Sector 46
Noida.
Uttar Pradesh - 201301.
India.
Phone: +91 9654451401
Fax: +91 11 66173761
Email: info@megawattsolutions.in
Website: http://megawattsolutions.in/contact.php