Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India

Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India.

Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M⁺ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India.

Launched in association with GoMassive Earth Network, an angel investor forum focused on sustainability, The MILES Challenge will provide participants mentorship as well as access to resources in the Energy Industry. Amplus has committed to support the winners of The MILES Challenge through seed capital that will help them scale up.

“Amplus began as a start-up with an idea in the area of distributed solar. One of the reasons behind our success was the support we received from mentors and investors who believed in us. With the MILES Challenge, we wish to help other Indian start-ups in the clean energy space achieve their potential”, said Sanjeev Aggarwal, Managing Director and CEO, Amplus Solar.

The Focus Areas of The MILES Challenge are:

1. Distributed Solar – for Residential and Commercial & Industrial Consumers. Any idea/solution that helps to fasten the pace of adoption and/or adds economic and process efficiencies in the design, construction and maintenance of distributed solar plants.

2. IoT Applications in Energy -Sensing and analysing data has significant, but not yet fully commercialised, use-cases in the energy industry. Any idea/solution that builds on the IoT stack to enable such unlocking is sought here.

3. Battery Storage – Given the infirm nature of renewable power sources, storage technologies are needed to increase adoption further. We are looking at solutions in the domain of storage integration with renewables that can be commercialised.

4. Electric Mobility – Any idea/solution which has a focus on adding value to the EV mobility space – can be IoT applications, battery integrations, financial inclusion models, etc.

Ernst & Young LLP are the Process Advisors for the event. A jury comprising renowned experts from leading Indian and international institutions like the World Bank, UNEP, IIM Ahmedabad among others, will evaluate the competition.

The firm stated that India’s energy story has seen exponential growth over the last decade, with market development and technological advancements in renewable energy and electric mobility. Identifying and promoting new ideas in this segment is the next step in accelerating India’s energy trajectory.

The applications are open till January 31, 2021. And, the Winners will be announced at an energy conclave, EnergyScape 2021, to be held in May.