Head of International Business Development PVEL Napa, California, United States
All too often, we expect new businesses in emerging solar markets will succeed by mimicking the tactics of leading players in established regions. But Sishir Garemella, a veteran of India’s DG solar industry, knows the pitfalls of copycat strategies in the nuanced world of solar project finance and PPAs. New market entrants must learn the intricacies of their target regions and model their business plans in the context local conditions. In this presentation, Mr. Garemella will share lessons from his experience founding Sunvest, India’s first dedicated rooftop solar financing platform, and spearheading the efforts of PV Evolution Labs (PVEL) to expand internationally. His presentation will highlight challenges and opportunities for established companies to enter India’s market as investors and financiers. Attendees will leave the session with a new high-level framework for developing solar finance business models in developing markets.