Regen Power Generates Steady Growth While Providing Sustainable Energy Solutions

Posted by Amanda Del Signore on Mon, Feb 05, 2024 @ 11:31 AM
Amanda Del Signore

23 spotlight Square-Feb-05-2024-04-27-01-5020-PMStevie-winner Regen Power is a renewable energy solution provider meeting the power requirements of residential, commercial, and off-grid markets in Australia and internationally since 2003.

They provide renewable energy engineering design, consulting, and training in Australia and overseas, and have more than 40,000 residential clients in Perth, providing an 8% market share and significantly reducing CO2 emissions.

With a strong emphasis on innovation, Regen has deployed various off-grid solutions for the mining sector as well as for resorts across the country. Outside of Australia, they have commissioned ground-mounted, utility-scale solar farms in Malaysia and Vietnam. Regen Power is also proud to have installed the largest floating solar power plant in India.

Amid the challenges posed by the COVID-19 pandemic, Regen Power proactively launched the "Regen Solar Academy”, an online training program that equips individuals with the necessary skills for employment in the solar industry. These initiatives played a crucial role in expanding market share and driving profitability for the company.

Regen has become a household name in Western Australia and is an upcoming brand in eastern states, as they have extended business to New South Wales, South Australia, and Queensland, contributing increased sales margin and market share. 

Strategic Entrepreneurship Regen power winner
Managing Director Nikhil Jayaraj won a Gold Stevie® Award for Best Energy Entrepreneur. Nikhil's journey at Regen Power began in 2010, where he then steadily progressed to Managing Director. With his efforts, he has greatly contributed to transforming Regen into a thriving commercial enterprise.

Under Nikhil's leadership, Regen Power has become a renowned brand in Australia. With over 40,000 solar installations totaling 200MW, they generate 800,000 units of clean energy daily, equivalent to planting six million trees annually and avoiding significant carbon emissions. His visionary approach also led to the commercialization of HybridGen, a patented next-gen variable-speed diesel generator integrated with solar, wind, and battery technology.

Recognizing the need for innovation, Nikhil drove Regen to invest more in research and development, securing grants from the Australian Research Council. He also delivered a keynote presentation at the World Renewable Energy Conference in 2022 to expand awareness.

Nikhil's commitment to education and mentorship is reflected in his mentorship of 50 students. He is also committed to his own learning, as evidenced by his pursuit of a PhD on the topic of "Transition towards solar energy storage: A multi-level perspective." His research aims to guide electricity retailers, customers, and manufacturers in embracing sustainable energy solutions.

Regen continues to create value for customers in the field of solar power through innovation, sustainable organizational approach, and research. Through collaboration, they continue to create new technological solutions to resolve challenges related to the renewable industry in Australia.

Regen Power won two Gold Stevie Awards for Fastest-Growing Company of the Year in Asia, Australia, and New Zealand, and for Best Energy Entrepreneur in The 2023 International Business Awards®.

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Topics: International business awards