Established in 2003 by Curtin University Emeritus Professor Chem Nayar, Canning Vale-based Regen Power is a Western Australian company providing renewable energy products and services to residential, commercial and off-grid mining and remote community markets, with a vision to create affordable access to power through sustainable solutions and innovative technologies. Some of the major strengths of the company include that it has undertaken research and development approved by AusIndustry, has collaborative links with The University of Western Australia, Curtin University and the University of Tasmania, and has completed more than 25,000 residential and commercial installations in WA.
Regen Power’s contribution has been instrumental in commercialising renewable energy power systems to regular Perth households at affordable prices. Key components of its success are its quality products and services, affordable pricing, ongoing innovation, and its futuristic approach.
Ranked as the 55th-fastest growing company in Australia in the 2020 Australian Financial Review Fast 100 list, Regen Power has won various awards and nods for sustainable development and product development, vouching for its existence as a reputable brand in the solar power business of WA. This year, Financial Times also listed Regen Power among the Top 500 Asia-Pacific High-Growth Companies, with the company ranked at 209.
A major achievement for the company took place in 2017-18, when it designed and commissioned the largest floating power plant in India.
Another came the same year, when Regen Power was appointed as owner’s engineer for a US$50 million, 50 megawatt ground-mounted solar farm project in central Vietnam.
Professor Nayar was conferred the prestigious Sustainable Energy Association Awards’ Ambassador Award in 2011, while Regen Power won the Product and Technology award in the same year for the invention of a variable-speed diesel/bio-diesel generator – HybridGEN – which has wide-ranging applications in mining and the microgrid. Regen Power was also a finalist in the Australian Technologies Competition in 2014 and a semi-finalist in 2019. Other awards include the Business News Rising Stars People’s Choice Award in 2019 and the recent Business News 40Under40 Awards awarded to Regen Power Managing Director Nikhil Jayaraj on September 16 of this year.
With a client base over 25,000, and exclusive agreements with major suppliers like Tesla, Regen Power is confident in capturing the future market.
Article reposted from TheWestAustralian.