The energy storage landscape in India is experiencing a transformative phase, with a focus on sustainable solutions and technological advancements. The demand for energy storage systems has surged due to increased integration of renewable energy sources and government incentives, particularly in the electric mobility sector. Lithium-ion technology, a stalwart in this domain, has become a popular choice, not only for renewable energy storage but also in the burgeoning electric vehicle market.
The growth is further propelled by solar power projects seeking to enhance efficiency through energy storage integration. However, the nascent energy storage market in India is not without its challenges. Customers face issues such as behind-the-meter restrictions, solar generation fluctuations during peak hours, excess generation during nonworking days, and higher Point of Delivery (POD).
To this end, Arcedo Systems has identified these challenges and positioned itself as a one-stop solution provider, addressing the unique needs of its clientele. Arcedo Systems stands out as a trailblazer in the industry, particularly in offering energy storage solutions tailored for corporates.
As a vertically integrated turnkey EPC provider, the company ensures a fit-and-forget approach for its clients. This approach encompasses a thorough understanding of customer problems, design optimization, and reliability, making Arcedo a reliable partner in the industry.
Arcedo Systems takes a unique approach to design battery storage systems, prioritizing a comprehensive understanding of the client's needs. With a team rooted in technical engineering backgrounds, the company conducts thorough field studies, analyzing load data to identify and solve customer problems effectively. The emphasis lies on offering end-to-end solutions tailored to individual requirements.
Renowned for its proficiency in solar power projects, Arcedo has notably excelled in floating solar initiatives. These projects address the challenge of land scarcity in urban areas. By utilizing water bodies for solar installations, the company maximizes efficiency, reduces evaporation, and minimizes costs associated with land acquisition. Arcedo's floating solar projects not only provide additional energy generation but also contribute to environmental sustainability by preventing blue-green algae growth.
In the realm of rooftop solar PV projects, Arcedo focuses on commercial, industrial, and corporate clients. The company conducts detailed studies to understand the client's solar requirements and evaluates terrace space for optimal installation. The entire process, from conceptualization to commissioning, is handled by Arcedo, ensuring a hassle-free experience for the client. “Our company's expertise is demonstrated in a signature project in Bhubaneswar, where a rooftop installation withstood three consecutive cyclones, showcasing our dedication to engineering excellence and client satisfaction”, adds Sandeep Vangapalli, Chief Executive Officer.
As a vertically integrated turnkey EPC provider, the company ensures a fit-and-forget approach for its clients
Charting a Future in Sustainable Energy
Since its inception in late 2016, Arcedo Systems has embarked on a remarkable journey of growth and expansion. Commencing operations in January 2017, the company's revenue trajectory reflects a steady climb from 32-40 lac in the first year to an impressive 30cr in the last financial year, with an order book of 45cr currently in execution. Geographically, Arcedo has expanded from its roots in Hyderabad to encompass now a pan-India presence. Beyond national borders, the company has successfully extended its footprint to Sri Lanka and Saudi Arabia. Arcedo attributes its success not only to financial milestones but also to the invaluable assets of its employees. Starting with a team of four, the company now boasts a workforce of 65, emphasizing a strong commitment to employee welfare and retention.
Looking ahead, Arcedo Systems envisions becoming a pioneer in the industry, not just in solar solutions but also in cutting-edge technologies such as energy storage solutions and Green Hydrogen. The company has initiated research and development in these areas, demonstrating its forward-looking approach.