Serentica Renewables
About Serentica Renewables
Serentica Renewables provides hybrid renewable energy solutions, combining solar and wind power with energy storage systems to deliver round-the-clock carbon-free electricity to industrial clients. The company addresses the challenge of high carbon emissions in energy-intensive sectors by enabling a seamless transition to sustainable energy sources, significantly reducing their carbon footprint.
```xml <problem> Many energy-intensive industries face challenges in transitioning to sustainable energy sources due to the variability of renewable power generation and the need for a consistent, reliable electricity supply. This reliance on traditional carbon-emitting sources contributes significantly to their carbon footprint and hinders decarbonization efforts. </problem> <solution> Serentica Renewables offers hybrid renewable energy solutions that combine wind and solar power generation with advanced energy storage systems to provide round-the-clock, carbon-free electricity to industrial clients. By integrating these renewable sources and storage, Serentica ensures a stable and dispatchable power supply, enabling industries to seamlessly transition to sustainable energy and significantly reduce their carbon emissions. The company signs power delivery agreements (PDAs) with clients, guaranteeing a consistent supply of renewable energy to meet their operational demands. </solution> <features> - Hybrid renewable energy solutions combining wind, solar, and energy storage - Round-the-clock carbon-free power supply for energy-intensive industries - Integration of pumped storage solutions for enhanced energy reliability - Power Delivery Agreements (PDAs) ensuring guaranteed renewable energy supply - Remote monitoring and control systems for optimized energy delivery - Expertise in developing and managing large-scale renewable energy projects - Focus on decarbonizing hard-to-abate industrial sectors </features> <target_audience> Serentica Renewables primarily targets energy-intensive industries and commercial clients seeking to reduce their carbon footprint and transition to sustainable energy sources. </target_audience> <revenue_model> Serentica generates revenue through long-term power purchase agreements (PPAs) with industrial clients for the supply of round-the-clock renewable energy. The company has secured approximately $2.25 billion in equity and has signed PDAs for ~2150 MW of renewable energy. </revenue_model> ```
What does Serentica Renewables do?
Serentica Renewables provides hybrid renewable energy solutions, combining solar and wind power with energy storage systems to deliver round-the-clock carbon-free electricity to industrial clients. The company addresses the challenge of high carbon emissions in energy-intensive sectors by enabling a seamless transition to sustainable energy sources, significantly reducing their carbon footprint.
Where is Serentica Renewables located?
Serentica Renewables is based in Gao, India.
When was Serentica Renewables founded?
Serentica Renewables was founded in 2022.
How much funding has Serentica Renewables raised?
Serentica Renewables has raised 1000000.
Who founded Serentica Renewables?
Serentica Renewables was founded by Pratik Agarwal and Akshay Hiranandani.
- Pratik Agarwal - CEO
- Akshay Hiranandani - CEO
- Location
- Gao, India
- Founded
- 2022
- Funding
- 1000000
- Employees
- 200 employees