The CLIMAFIX Summit is India’s largest climate startup summit, organized by EAI & Energy Consortium – IIT Madras. Artur Zawadski, Deepak Gadhia – Sunrise CSP shares their thoughts on Renewable Energy at CLIMAFIX Summit 2022, Nov 25 & 26, 2022, at the IIT Madras Research Park, Chennai.
Other panel participants were:
Shreenivasan OJ – X2 Fuels & Energy (Watch their presentation – here)
Ajinkya Waradpande – Social Alpha (Watch their presentation – here)
Praneeth Pillarisetti – Birds Eye Energy (Watch their presentation – here)
Bangolae Lakshmikanth Balaji – RenKube (Watch their presentation – here)
Shubham Kumar – Flash Energy Solutions (Watch their presentation – here)
C Praneeth Sugandh – Abhyudaya (Watch their presentation – here)
Sunrise CSP, Led by CEO Martin Zabotsky, is at the forefront of delivering sustainable solutions to the energy-intensive industrial sector. In this blog post, we delve into the intricacies of Sunrise CSP’s concentrated solar thermal technology and explore its implications for the future of renewable energy.
The Problem:
The world is facing a climate crisis, driven primarily by the use of fossil fuels. Industries account for a significant portion of global energy consumption, with more than 60% of energy used for heating and cooling processes. Traditional fuels not only contribute to environmental degradation but also pose economic challenges due to price volatility and high costs.
The Solution:
Sunrise CSP offers a clean, affordable, and scalable solution to this pressing issue. Their concentrated solar thermal technology harnesses the power of the sun to deliver thermal energy for various industrial applications. Unlike traditional solar panels, which convert sunlight into electricity, Sunrise CSP’s technology focuses sunlight to generate intense heat at a central point.
How It Works:
At the heart of Sunrise CSP’s technology are solar concentrators, the largest of their kind in the world. These concentrators, resembling giant dishes, precisely redirect sunlight towards a central focal point. Here, the concentrated sunlight generates heat, with an average concentration of over 2000 Suns. This intense heat can then be used directly for processes such as electricity generation or stored for later use.
Applications:
The versatility of Sunrise CSP’s technology is evident in its wide range of applications. From food processing to manufacturing and beyond, industries across the board can benefit from this renewable energy source. With the capability to deliver thermal energy ranging from 100 to 2000 degrees Celsius, Sunrise CSP’s technology caters to diverse industrial needs.
Case Study: Kailash Cancer Hospital and Research Center
A shining example of Sunrise CSP’s impact is the Kailash Cancer Hospital and Research Center in Gujarat, India. By implementing Sunrise CSP’s solar thermal technology, the hospital meets all its thermal energy needs, including cooking, sterilization, and laundry operations. This project not only demonstrates the efficacy of the technology but also underscores its importance in critical sectors such as healthcare.
Market Potential:
Sunrise CSP has identified a vast market for its technology, both in India and globally. With over 25,000 potential installations in various industries, the market potential is staggering. The company’s robust sales pipeline, fueled by a dedicated team and strategic partnerships, positions them for significant growth in the coming years.
Expansion Plans:
To meet the growing demand for sustainable energy solutions, Sunrise CSP is ramping up its production capacity. Plans are underway to expand their capacity from 40 to 300 big dishes per year in India alone. Additionally, the company is focused on accelerating business development efforts and forging new partnerships to drive market expansion.
In a world facing climate crises, Sunrise CSP offers a beacon of hope with its solar thermal technology. Their clean, affordable, and scalable energy solutions provide a viable alternative to traditional fuels, positioning them to lead the charge towards a greener future as demand for renewable energy continues to rise.