- It will also prepare, monetise, and hold carbon assets arising from clean energy generation, battery energy storage and energy efficiency
- Convergence Energy Services Limited (CESL) is focusing on energy solutions that lie at the confluence of renewable energy, electric mobility, and climate change by using innovative financial models
Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with CSC e Governance Services India Limited (CSC SPV) to create demand aggregation for electric mobility, solar, energy efficiency solutions and other initiatives of CESL. CESL and CSC will aggregate demand and carry out feasibility studies for projects in renewables (decentralised solar), energy efficiency (solar micro-grids, solar based agricultural pump-sets), e-mobility (EV charging stations, battery charging stations and battery swapping stations), Battery Energy Storage Systems, etc
Mahua Acharya, MD, CESL said, “Through this agreement, we will be able to expand our outreach across the country. Convergence, with its new and innovative business models, intends to maximise India’s efforts on climate action and accelerate the impact of our initiatives in greening India.”
Renewable energy, electric mobility, and climate change
Convergence Energy Services Limited (CESL) is focusing on energy solutions that lie at the confluence of renewable energy, electric mobility, and climate change by using innovative financial models. It will also prepare, monetise, and hold carbon assets arising from clean energy generation, battery energy storage and energy efficiency.
Saurabh Kumar, Executive Vice Chairperson (EVC), EESL Group, said, “The number of CSCs has increased, and it is offering several benefits to the common man, largely in non-metro areas. CSCs today are prescribed as one of the service delivery points in rural India. Through this partnership, I hope that we will be able to expand our footprint across remote areas of India and promote the implementation of energy efficiency projects.”
