“Radiance Renewables: Pioneering India’s Green Energy Revolution with Sustainable Innovations and Social Impact”
Established in 2018, Radiance Renewables Private Limited has quickly emerged as a leading force in India’s renewable energy sector. Backed by Eversource Capital, one of India’s largest climate impact investors, Radiance specializes in delivering decarbonization solutions tailored to the needs of commercial and industrial customers. Its diverse energy offerings include solar and wind power, with customizable, sustainable solutions designed to meet the unique requirements of each client. The company operates through various business models such as third-party open access, group captive, and on-site solutions, ensuring flexibility and adaptability. Radiance is deeply committed to aligning its operations with Environmental, Social, and Governance (ESG) standards. Its initiatives prioritize monitoring and reducing carbon emissions, minimizing water usage, and protecting biodiversity.
The company actively integrates United Nations Sustainable Development Goals (SDGs) 6 (clean water and sanitation), 7 (affordable and clean energy), and 13 (climate action) into its operations. By focusing on greenhouse gas emission reductions and providing innovative and cost-effective energy solutions, Radiance plays a critical role in combating climate change. As of 2024, Radiance has achieved significant milestones in the renewable energy landscape. It has installed 518 MWp of solar energy solutions, successfully avoiding 551,646 tonnes of CO2 emissions. To conserve water resources, Radiance employs advanced robotic cleaning technology for solar panels, ensuring minimal water usage. This innovative approach conserved 22,159 cubic meters of water in the financial year 2024. The company also conducts rigorous Environmental and Social Impact Assessments (ESIA) for all new projects, ensuring minimal environmental disruption while maximizing potential benefits for the surrounding communities. Radiance’s commitment extends beyond environmental sustainability to encompass its employees, stakeholders, and local communities.
The company fosters innovation and professional growth through in-house learning and development programs, empowering its workforce to excel in a dynamic industry. Social responsibility is at the heart of Radiance’s operations, as evidenced by its flagship Corporate Social Responsibility (CSR) initiative, Drishta. This program uplifts women in rural areas by providing them with skills to create handmade products and facilitating sales through online platforms and exhibitions. To date, Drishta has empowered 104 women, enabling them to earn 1.5 times their previous income. Additionally, Radiance has positively impacted 908 students and 450 families through its voluntary CSR initiatives near solar park locations. The company has also supported environmental conservation by installing 105 tree guards, reinforcing its commitment to sustainability and community development. Radiance’s innovative energy solutions and dedication to environmental and social causes position it as a key driver in India’s renewable energy transition. By continuing to provide sustainable and affordable energy solutions, Radiance aims to remain at the forefront of India’s green energy revolution, shaping the future of sustainable energy development and ensuring long-term growth and innovation.
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