Canning Vale, WA – 4 September, 2023 – Regen Power and its Managing Director Mr. Nikhil Jayaraj was named the winner of a Gold Stevie® Award in the “Fastest-Growing Company of the Year – in Asia, Australia and New Zealand” and “Best Entrepreneur – Energy” category in The 20th Annual International Business Awards®.
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2023 IBAs received entries from organizations in 61 nations and territories.
Winners will be celebrated during a gala banquet at the Cavalieri Waldorf Astoria Hotel, in Rome, Italy on Friday, 13 October.
More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Company of the Year, Marketing Campaign of the Year, Best New Product or Service of the Year, Startup of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others. This year’s competition also featured a number of new categories to recognize organizations’ and individuals’ achievements in sustainability initiatives.
We are thrilled to announce that Regen Power has been distinguished as the Fastest-Growing Company of the Year in the Asia, Australia and New Zealand region. Additionally, our Managing Director, Mr. Nikhil Jayaraj, has been honored with the Best Entrepreneur – Energy category award. The judges praised the company for its “robust nomination, with clear indications of the entrepreneur’s achievements, impact on the company, societal contributions, and vision for the future.” They lauded Mr. Jayaraj for achieving a “600% increase in sales and revenue,” and described Regen Power as having “a very strong track record of achievement in a few short years.” The judges were impressed with our focus on affordable power solutions, sustainable measures, and innovative technologies, stating that “Regen Power holds the highest market share in Western Australia” and that we have “achieved significant growth and recognition in the renewable energy industry.”
The recognition we have received is a testament to our team’s relentless dedication to driving sustainable and innovative energy solutions. A special congratulations to Mr. Nikhil Jayaraj, whose visionary leadership has guided us to this extraordinary accomplishment. It’s a momentous day for everyone at Regen Power, and it serves as a motivating force for our future endeavours.
The feedback from the judges not only validates our efforts but also highlights areas for future growth. We are proud of what we have achieved, and equally excited for the journey ahead.
Stevie Award winners were determined by the average scores of more than 230 executives worldwide who participated in the judging process in June and July.
“Nominations to the IBAs get better every year, and this year’s class of Stevie winners is the most impressive yet,” said Stevie Awards president Maggie Miller. “The winners have demonstrated that their organizations have set and achieved lofty goals. We congratulate them on their recognized achievements, and look forward to celebrating them on stage in Rome on 13 October.”
Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.
About Regen Power
Established in 2003 by Curtin University Emeritus Professor Chem Nayar, Regen Power is a National 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.
Ranked as the 55th-fastest growing company in Australia by Financial Review in 2020, Regen Power has won various awards and nods for sustainable development and product development.
Regen Power’s contribution has been instrumental in commercializing renewable energy power systems to regular households at affordable prices
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.