Published On: Fri, Jun 2nd, 2017

My Home Group Forays Into Solar Power with PuREnergy

PuREngergy, a start up based at Indian Institute of Technology Hyderabad (IITH) focusing on solar energy solution has signed a MoU with ABJA Power, a part of My Home Group on   Monday.

PuREnergy has stepped on the gas as a catalyst for the nation’s green energy initiative and has taken the plunge to design smart hybrid solar energy solutions for industrial, commercial and residential users.

A My Home Group statement said that the MoU marks My Home Group’s foray into solar power segment focusing on rooftop and utility scale projects catering towards residential, commercial and industrial segments.

This alliance will execute joint projects in the areas of smart and innovative solar systems; IoT based energy management, health monitoring/diagnosis of solar plants, skill development and R&D activities.

The value addition will be on the form of hybrid and cost-effective solutions, quicker return on investment (RoI) for end users, durable systems and reduced land consumption for solar systems.

ABJA Power would focus on project management part and PuREnergy supported by IIT Hyderabad on design and development.  This arrangement would focus on power projects on the EPC (Engineering, Procurement & construction) model, it said.

Dr Nishanth Dongari, founder of PuREnergy and assistant professor at IIT-Hyderabad, said that the initiative was taken to build smarter and greener buildings on massive scale.

Their present focus is on residential and commercial projects to complement the smart city programmes. They have plans to enter into large scale utility projects in the upcoming solar parks across the nation.

Dr. Rameswar Rao Jupally, Chairman of My Home Group, said that the group was committed to developing sustainable projects. With this motive they have partnered with PuREnergy for providing smart andinnovative solar Systems and he is  confident this project will be achieve sustainable.

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