The Delhi-based energy-efficiency technology startup helps businesses, particularly hospitals, optimise power consumption; the excess electricity can be redirected to places that experience shortages
Energy efficiency is the lowest-hanging fruit in climate action, says Arjun Gupta. There are solutions and technologies that exist today, which are proven, scalable and profitable.
Gupta is co-founder and CEO of Delhi-based Smart Joules, an energy-efficiency technology startup, whose innovations help commercial businesses, particularly hospitals currently, optimise their energy requirements. The startup has a little over 40 clients across 25-odd cities in India, and Gupta claims to have generated an average energy savings of about 29 to 30 percent across the portfolio, meaning a “reduced energy cost of about Rs150 crore”. The startup has prevented the release of 140,000 tonnes of carbon dioxide since it was launched in 2016, Gupta claims, and his target for the decade is to reach 29 million tonnes. He had started this company with co-founders Sidhartha Gupta (also CFO) and Ujjal Majumdar (also COO).