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Bengaluru startup ThingsCloud plans to solve India's power crisis with smart solar inverters for homes

12 59 0
21.05.2019

That India is faced with a power crisis, both in residential and industrial markets, is common knowledge. Not only are we deficient, with large swathes of our population starved of uninterrupted power supply, but we are also disadvantaged by the rising cost of fuel.


Hence, it is imperative for us to look for affordable, alternative sources of energy like solar power.


The good news is, we are.


Solar power is a rapidly growing industry in India, with our installed capacity reaching 28.18 GW as of March 31, 2019, surpassing the government’s initial target of 20 GW, four years ahead of schedule.


The domestic market for distributed solar products (which include lanterns, motors, pump sets, and other home appliances) is poised to grow more than 2.5x to Rs 10,117 crore by 2023, according to GOGLA, a global association of the solar power industry.


Hence, for startups like ThingsCloud that harnesses solar power to build clean, connected, and intelligent home devices, it is time to make hay while the sun shines (quite literally).


Anusheel Nahar (left) and Amruth Puttappa, Co-Founders, ThingsCloud

ThingsCloud was founded in 2015 by NIT Surat and University of Texas alumnus Amruth Puttappa. After working with energy companies in the US for seven years, Amruth returned to India and started up to solve the energy crisis in the residential market.


He was later joined by Co-founder & CTO, Anusheel Nahar (a University of Wisconsin-Madison grad in electronics and control systems). In 2016, Bengaluru-based ThingsCloud was incubated under NASSCOM’s 10000 Startups initiative. Earlier in........

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