GALAXY SOLAR ENERGY PVT. LTD.

USHERING INDIA TO A CLEAN, GREEN AND EQUITABLE ENERGY FUTURE

Shyamal Chatterjee MD & CEO

It’s outstanding to see how our lives and technique of subsistence have developed over the earlier ten years. Particularly, how improvements have enhanced our potential to assume, act swiftly, and join. However above all issues, persons are paying a lot nearer consideration to inexperienced practices. The world is shifting from climate-wrecking fossil fuels to scrub, renewable vitality so as to reduce CO2 emissions. Fossil gas continues to be a chief supply of  vitality in addition to the principle cause for growing air pollution.

It impacts each life and the financial system, since each are inversely corelated with the diploma of environmental degradation Given the state of affairs, switching to photo voltaic options might be a prudent transfer. The solar is essentially the most renewable and available supply of vitality. Alternatively, photo voltaic cells to seize and convert mild vitality into electrical energy are actually extra inexpensive. However to have a sustainable photo voltaic resolution, you want a robust accomplice that delivers on its guarantees.

That is the place Galaxy Solar is available in. Headquartered in Nagpur, Galaxy Photo voltaic is an acclaimed turnkey photo voltaic engineering, procurement, and commissioning (EPC) firm. The corporate is climbing new heights underneath the aegis of Mr. Shyamal Chatterjee (MD & CEO). His management has additionally curated a social arm, Galaxy Basis. He additionally serves as Chairman Committee Renewable at Maharashtra Financial Growth Council (MEDC),Secretary of Bengal Photo voltaic Federation and Secretary of Mahasolar Sangathan.

He’s additionally the CEO of Aubade Energies Pvt. Ltd. , Carbon Inexperienced Resolution Pvt. Ltd. and Radiant Energy Methods. The next account relies on a dialog we had with Mr. Shyamal, wherein he spoke how his firm has been a “constructing block” of India’s photo voltaic stature.

BEGAN WITH A MAGNANIMOUS VISION

“A giant enterprise can begin small, but it surely will need to have a grand imaginative and prescient.” Mr. Chatterjee incepted this firm in 2017 with an identical imaginative and prescient. Though there have been over 300 firms registered within the photo voltaic sector, it was a promising avenue to discover. Folks have been shifting, despite the fact that at a gradual charge, in the direction of photo voltaic options. Subsidies have been initiated in Nagpur, which attracted many individuals in the direction of solar energy. So, the time was ripe to enter the market.

Mr. Chatterjee envisioned his enterprise’s footfall in each state to have a PAN-India presence. Concurrently, he aspired to have a sure area of interest. That is when he noticed a niche within the service construction. He says, “I observed many firms taking orders and passing them to commissioning and set up distributors that end the permits on their behalf.” This required a major funding from the shoppers for the photo voltaic plant, and shoppers would inevitably lose religion.” With the main target of fixing the state of affairs, Mr. Chatterjee based Galaxy Photo voltaic.

He deliberate it as a one-stop-shop for numerous photo voltaic providers. The corporate started with a workforce of three folks, however now they’re a thriving group of 500+ folks with a presence in 25+ states. They’ve over 30 gross sales networks throughout Asia, serving over 1000 prospects. Mr. Chatterjee’s dedication to see his thought via has not solely made Galaxy Photo voltaic a frontrunner but additionally a frontrunner in shaping the imaginative and prescient of Inexperienced India.

CHALLENGES THAT TESTED THEIR MIGHT

Though beginning with a considerate mission, Galaxy Photo voltaic hasn’t had a easy trajectory. The primary problem was bringing the precise folks on board. As talked about, Mr. Chatterjee sought to create footfalls in each state, so as a substitute of taking dealerships, he would take 50% possession of branches. The second factor that examined his would possibly was market challenges like Demonetization. The money crunch made it robust to pursue prospects and handle sources on board. “It was robust to rent the precise folks and hold them engaged, given our disarray.”

Since we’re in service, maintaining a constant move of income was additionally a trial itself,” explains the MD. Whereas these challenges have been meddling with their minds, the corporate confronted tight competitors, particularly from many huge names. Mr. Chatterjee, although, wasn’t there to go away. He informed shoppers that Galaxy Photo voltaic solely focuses on photo voltaic providers, in distinction to different firms with numerous considerations. From operations to supply, they’ve in-house groups divided into particular operations.

This devoted method has given him the important edge in a cutthroat market. The agency has carved a distinct segment for O&M providers. Though they’re a brand new participant available in the market, strolling the speak in O&M has given them a significant higher hand. Their providers are recognized for his or her unmatched high quality and photo voltaic crops for scalability and longevity. Resulting from their wonderful providers, the agency’s experience unfold by word-of-mouth, and now huge gamers select them over the main ones.

A TRENDSETTER IN VARIOUS ASPECTS

Galaxy Photo voltaic has established itself as a pioneer by maintaining an in depth eye on high quality and constantly elevating the bar for service. Whereas it’s always leveling as much as be abreast of the market, it’s well-valued for in-house providers by way of engineering, procurement, development, and lifelong upkeep of the plant. This area of interest helped it simply outweigh the impacts of COVID-19.

“We discovered numerous prospects within the meals and pharma sectors, on condition that they have been thriving and have been on the lookout for sustainable photo voltaic options,” says Mr. Chatterjee. Galaxy Photo voltaic at present has sturdy presence throughout sectors starting from FMCG, Cars, Meals, Retail (buying facilities), Schooling institutes, Artificial producers, Healthcare & pharma, Finance, Actual Property, and Public Sector.

NOT A TEAM BUT A FERVID FAMILY

Apart from traits, high quality, and in-house improvements, Galaxy Photo voltaic is thought for its family-like tradition. As per Mr. Chatterjee, it’s considered one of their largest achievements. The workforce could also be unfold throughout the nation, however they rejoice events and take part in leisure actions in the identical place. They’ve annual outings and even rejoice cultural festivals as properly.

Each location is interconnected with its headquarters, which ensures seamless communication and functioning. The workforce on board principally contains downside solvers that take possession of their challenges and resolve them whereas upholding the agency’s ethics. This additionally says rather a lot about Mr. Chatterjee’s management. In simply 5 years, Galaxy Photo voltaic has grow to be the photo voltaic phase’s fastest-growing firm due to its in-depth mastery of the sector. His aware management springs from his compassion for society, which has enabled him to have interaction in numerous CSR efforts.

CONTINUALLY BUILDING A PLAUSIBLE ROUTE

Galaxy Photo voltaic has had quite a few wins during the last 5 years. This consists of a number of the greatest initiatives for Bharti Business, Sri Sainath Agri Pvt. Ltd., Ashapura Agro Industries, Saibaba Solvent LLP, Shri Ram Meals Merchandise, Ramdevbaba Solvent Pvt. Ltd., and so forth. It has a report of 850+ photo voltaic initiatives put in throughout India. Unnecessary to level, the efforts have bestowed upon them prestigious accolades specifically:

• “Rooftop EPC Firm of the 12 months,” East India Annual Photo voltaic Awards
• Award from CEO Insights
• 10 Greatest Cleantech Startups 2021 by Silicon India
• Acknowledged by DGEF with Proper to Vitality Day Award
• Related to JCI Orange Metropolis – Colors of India
• Acknowledged in Agro Imaginative and prescient
• Recognition From Shri Ramdeobaba Faculty Of Engineering & Administration
• Recognition From Sungrow
• Recognition From Panasonic

Apart from this, the agency is working with a number of NGOs prepared to go photo voltaic. “Photo voltaic vitality will help NGOs reduce down on their working bills, releasing extra funds for his or her purpose to boost society,” says Mr. Chatterjee. They’re additionally centered on engaging areas like integrating PPA into challenge administration. Together with this, they’re collaborating with main business gamers to introduce EVs. With such notable initiatives, Galaxy Photo voltaic’s future is definitely pledging.

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