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MAY 31 2017

IITH-based start-up forays into solar power

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 31st MAY 2017

 

A start up based at Indian Institute of Technology Hyderabad (IITH) focusing on solar energy has signed a MoU with My Home Group.

According to a release here on Tuesday, PuREnergy, a technology start-up evolving from IIT - Hyderabad Incubation Centre has signed the MoU 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.

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

Dr. Rameswar Rao Jupally, Chairman of My Home Group, said that the group was committed to developing sustainable projects. Dr. Nishanth Dongari, Founder of PuREnergy said that they have taken this initiative to build smarter and greener buildings for a better future of this country.

Tags

Solar Energy Gas Energy Memorandum Of Understanding Solar

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