A Pioneer In Sustainability
Tanya Singhal, Founder of SolarArise and Mynzo, is a climate tech entrepreneur who has made transformative strides in sustainability. In a male-dominated industry, she has emerged as the only female founder challenging norms and achieving remarkable success.
After leaving BCG, Singhal embarked on her entrepreneurial journey and, together with her team, raised an impressive capital of Rs 2,000 crore. They led the development of seven significant solar projects, generating nearly 500 MW of renewable energy across India. The team's commitment to sustainability and profitability was highlighted by the recent listing of solar assets on the London Stock Exchange, which is a testament to Singhal’s leadership in scaling solar power in India.
This initiative has resulted in an annual reduction of 600,000 tonnes of CO2 emissions, simultaneously providing clean energy to approximately 250,000 homes.
Singhal’s focus has expanded to climate technology, emphasising AI-based carbon footprint measurement and the innovative 'Forests' initiative for carbon sequestration.
The journey began in 2014 with the launch of SolarArise, culminating in a successful listing on the London Stock Exchange in the first half of 2023. Over the years, Singhal collaborated with global investors, including the European Investment Bank's GEEREF fund and Kotak Mahindra's CIIF fund, contributing to shaping renewable energy policies with the Ministry of New and Renewable Energy (MNRE).
Singhal has not only excelled in her professional career, but also established crucial partnerships and serves on the board of Milaan, an NGO that supports underprivileged girls. Her current focus is on empowering individuals and corporations in their pursuit of NetZero goals, and she is partnering with NCG Naandi for afforestation projects.
Speaking of receiving well-deserved awards, Singhal was recently named “Woman of the Year in Solar”. She has also gained recognition as Asia’s most influential Woman in Renewable Energy.
Her leadership transformed the solar energy sector, making it a mainstream, economically viable alternative. Innovatively, she optimised unit economics, increased the AC-DC ratio, and introduced a digital twin concept, redefining industry norms.
Adding another feather in her cap, she established a dedicated data analytics team and pioneered the concept of a digital twin, significantly enhancing the efficiency of solar plants.
Currently, she employs Artificial Intelligence (AI) and Internet of Things (IoT) technologies to measure carbon footprints, promoting sustainability and environmental responsibility.
This move has not only redefined industry norms but also demonstrated the feasibility of solar power as a mainstream solution for a greener future.
Tanya Singhal's impact on the renewable energy landscape is indisputable. Her leadership, innovation, and commitment to a greener future have not only transformed the industry but also inspired others greatly. Her journey stands as a beacon of success, breaking barriers and leading the way towards a more sustainable and eco-friendly future.
