The Fact Maker

Energy Storage Company Sheru enters coveted Cleantech OpenAccelerator program

Sheru among 2 companies selected from Asia and only Energy Company

New Delhi : One of India’s leading Energy Storage companies,Sheru has been selected for the 2022 cohort of the Cleantech Open Accelerator program. Cleantech Open is the world’s largest cleantech accelerator program which provides entrepreneurs and innovators with the training and resources to launch and grow their cleantech businesses. Since 2005, it has helped over 1,800 innovative enterprises to scale up, grow, and create a positive impact on society.

Sheru is one of only two companies from Asia selected for the program and is the only one from the energy industry. Sheru’s innovative cloud storage platform provides energy producers with cloud storage solutions and makes energy storage easy and accessible. Through its storage solutions, the company aims to reduce carbon emissions from India’s power sector by 30%.

“We’re honoured to be selected for this esteemed program and look forward to meeting and exchanging ideas with innovators from around the world. Creative solutions across sectors are the need of the hour, and we want to showcase our technologies to the rest of the world while gaining firsthand experience of other innovations. We are also proud to be the only energy company from Asia in this elite group”, says Mr Ankit Mittal, Co-founder and CEO of Sheru.