Vinay Pabba
CEO
Vibrant Energy
Vibrant Energy develops high-efficiency solar power plants and wind-solar hybrid projects to provide renewable electricity to commercial and industrial customers, addressing the need for sustainable energy solutions. With over 1.9 GW of assets under management, the company enables significant reductions in carbon emissions while delivering customized energy models for diverse industries across India.
- Clean Technology
- Energy
Updated 23 months ago
Funding
Raised to date
$268.8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Commercial and industrial (C&I) customers face increasing pressure to reduce their carbon footprint and adopt sustainable energy sources. Traditional energy procurement methods often lack the flexibility and customization needed to meet diverse industry-specific requirements for renewable energy solutions.
Solution
Vibrant Energy develops and manages high-efficiency solar power plants and wind-solar hybrid projects, providing renewable electricity to C&I customers. The company offers open access arrangements where they establish renewable energy plants at off-site locations and sign long-term power purchase agreements (PPAs) with consumers. They also provide virtual PPAs (VPPAs) for long-term delivery of green attributes and power services agreements where assets are transferred to the consumer's books. Additionally, Vibrant Energy facilitates power trading using their trading license and explores green hydrogen solutions.
Target Audience
The primary target audience includes commercial and industrial customers across various sectors such as FMCG, hospitals, pharmaceuticals, manufacturing, cement, OEMs, steel, beverages, and data centers seeking sustainable energy solutions.
Features
- Development and management of solar power plants and wind-solar hybrid projects.
- Open access arrangements with long-term power purchase agreements.
- Virtual power purchase agreements (VPPAs) for green attribute delivery.
- Power services agreements involving asset transfer to consumers.
- Power trading capabilities using a dedicated trading license.
- Exploration of green hydrogen as a next-generation fuel.
- Customized energy models tailored to diverse industry needs.
- Pan-India green power delivery capability.