Interviews

Exalta India- Making India Source of Clean Energy Consumption

CXOToday has engaged in an exclusive interview with  Mr. Ashutosh Verma, founder of Exalta

 

1-How was Exalta incepted? How has it evolved over the years, and what is the next step?

Ans- Ashutosh Verma, a 37-year-old research scientist in clean energy, has been innovative since elementary school. He started Exalta in 2009 after teaching and working for Appin Technologies, Quarbz, and several government agencies.

Ashutosh started the business in Agra, but its main office is now in Noida, Uttar Pradesh. Now, Exalta India is an industry leader in renewable energy products.

In 2015, Exalta introduced India’s first solar-powered direct-current air conditioner. This was the company’s first product. This air conditioner does not require a battery. Nowadays, this solar-powered AC has been installed across numerous Indian institutions, including the ISKCON Temple in Noida, the Devi Temple in Mathura, the Manesar Hero Honda Complex in Haryana, and many others. In addition to solar manufacturing devices, Exalta also offers supply, installation, maintenance support, and advisory services. Over the past decade, the company has expanded into a one-stop shop for all types of solar products.

Exalta India’s product portfolio comprises solar ACs, solar water pumps, medical equipment, etc. Exalta began work on the electric car in 2019. Ashutosh intends to produce India’s least expensive and entirely Made in-India scooter. Every component will be designed to be manufactured in India. Ashutosh explains that he plans to develop an electric two-wheeler with low maintenance costs, zero emissions, and a range of 70–80 kilometres per charge affordable to middle-class residents.

2- How has Exalta confronted recent regulatory initiatives involving solar energy?

Ans- Exalta is the most efficient company in India that makes solar products. The company has been founded on the idea that it should always try to get better while keeping the highest standards of honesty in all of its business dealings. The work they do and the strategies they implement to strive for a better and healthier tomorrow with continuous improvement in the quality of our products and services contribute to enriching the organisation’s core values.

To a great extent, Exalta has successfully developed first-of-their-kind indigenous pharmaceutical and agricultural products predicated on oxygen, hydrogen, and nitrogen. Over the past 14 years, Mr. Ashutosh Verma, the founder of Exalta, has worked with various government and non-government agencies in multiple industries. Hydroscience, cyber security, clean energy, artificial intelligence, robotics, and forensics are just a few of the many fields that fall under this category. Additionally, Exalta has worked with several different businesses in these areas. Exalta is in the process of discussing the distribution of oxygen devices and plants with a variety of government agencies as well as healthcare facilities at present.

3- In what manner is Exalta solar ac and magic inverter a boon for renewable energy?

Ans- Exalta started with the goal of making the best use of India’s plentiful solar energy, and this goal is still at the heart of the company. Exalta is a leading firm in the solar energy sector,

offering installation and maintenance services and production, supply, and advisory services for solar products. In the past ten years, Exalta has developed into a single-source supplier of a wide range of solar goods.

Exalta introduced the world’s first solar-powered, direct-current air conditioner to the Indian market in 2015. They made history with this product, which was their inaugural offering. This air conditioner runs on solar energy alone, so there is no need to worry about replacing a battery.

Exalta was also responsible for creating the magical inverter. This innovative item is an example of an inverter that incorporates a customised lithium-ion battery. A typical lifespan for one of them is 15 years. This inverter stands alone and can even be attached to a wall. Also, solar energy can be used to power their magic inverter. The device is compatible with any electronic device. Ashutosh said a modernised version of this magical inverter, dubbed the Health Inverter, is also on the way. It also has an inverter-powered exercise bike. The initial rollout began in March, with the Pune facility serving as the point of origin.

4- How do you, as a clean energy scientist, view India’s solar energy product sector as it explores clean energy sources?

Ans- India’s rapid economic growth is primarily fueled by the country’s large population (1.33 billion people). India suffered from a power deficit during independence, but efforts have persisted for over seven decades to make the country energy independent. With over 4,000,000 MW of installed electrical capacity, the United States is now a power surplus nation.

Across the world, including in India, solar energy is gradually replacing coal. By 2040, the price of solar photovoltaic electricity will have dropped by another 66% from its 2009 peak.

India has some of the best conditions in the world to capture and use solar energy, with nearly 300 days of sunshine per year. The significant drop in the price of solar power indicates that the market agrees with this point of view. The country set a new record low tariff of INR 2.44 per unit for a solar project in the arid state of Rajasthan in its most recent solar auction.

The government of India has set lofty goals, one of which is to install 160 GW of wind and solar power by 2022. This will allow hundreds of millions of people to have access to home lighting, enabling children to study after dark, food to be preserved, and families to relax in front of the TV after a hard day’s work. It’s also a reason foreign companies enter India’s solar industry.

5- How will this new development propel the growth trajectory of the renewable energy market, particularly in the repair and maintenance realm?

Ans- The rapid growth of solar and wind power in the past few years has helped with efforts to reduce greenhouse gas emissions and lessen the worst effects of climate change.

Only 1.7% of the world’s electricity came from renewable sources like solar and wind in 2010. It was 8.7 percent a year ago, which was significantly higher than what the majority of conventional energy models predicted.

Knowing that renewable energy has grown exponentially in the past gives us hope that it can expand quickly enough to achieve climate goals in the future.

Renewable energy technologies are less expensive to use because of, among other things, economies of scale and competitive supply chains. Reduced expenses encourage further rollout.

The use of renewable energy sources has additional mutually reinforcing features. Obtaining more government funding and backing becomes less of a challenge as renewable energy gains popularity and political clout. Capital costs have decreased as investors learn more about the technical and project risks associated with renewable energy. Further, evidence suggests that adopting renewable energy is socially contagious; when one home embraces rooftop solar, its neighbours are more likely to follow suit.

6- What is your vision and idea behind manufacturing solar acs and magic inverters?

Ans- The company’s efforts to improve the quality of its products and services for future generations are part of its core values.

Exalta can offer the cleanest solar solutions in the business because it has more than 20 locations. The company provides services to both the business and consumer markets. Company leaders aim to make sustainable energy and electric automobiles universally accessible at competitive prices. Another aspect of the company’s idea is changing how power is produced and used, reducing its carbon footprint, and providing the most cost-effective, environmentally friendly solar energy solutions. Ashutosh Verma has done substantial work in clean energy research on oxygen and hydrogen. The ‘National Small Industries Corporation’ (NSIC) in New Delhi is showcasing his significant works. Ashutosh Verma has worked with various public and non-profit organisations to advance sustainable energy innovation.

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