|[February 04, 2013]
Ravi Sharma Joins Deeya Energy's Global Board as a Director
FREMONT, Calif. & NEW DELHI --(Business Wire)--
Deeya Energy, a leader in energy storage systems, today announced that
Ravi Sharma, a veteran in the Indian energy and telecom sectors, has
joined its global board of directors and will play a key role in the
future growth of the company.
As an industry leader, Sharma has nurtured and grown businesses in
energy, telecom and satellite technology companies over more than a
decade now. Before joining Deeya Energy, he was the CEO of Adani Power
Ltd, India's second largest private power producer. He was also the CEO
South Asia for Alcatel Lucent (News - Alert), European telecom solutions giant and
later Videocon Telecom, part of the diversified Videocon Group. Sharma
has held leadership roles at BT (formerly British Telecom) and India's
UB Group, and has served on the board of several public and private
"Ravi brings deep industry experience to the company's key growth areas.
His diverse expertise and strong track record across South Asia, the
Middle East and Africa at both startups and multinational companies will
help us achieve the next level of success. We are honored and privileged
to have Ravi join the team," said J. Kelly Truman, GlobalPresident and
CEO of Deeya Energy.
Commenting on his new position, Ravi Sharma, Director, Deeya Energy
said, "Deeya Energy offers a break-through and innovative technology
that is set to revolutionize the stationary energy storage market,
estimated to be worth $500 billion globally. India's energy needs are
rising by leaps and bounds and the country needs such break-through
technologies to bridge the demand supply gap. Deeya's green technology
will help India reduce its fuel subsidy bill and cut operational
expenses for industry which uses expensive diesel as a fuel."
Sharma is an Electrical Engineer from Indian Institute of Technology,
Roorkee and holds a Masters in Business Administration from IMT,
Ghaziabad, India. He has worked closely with government and industry on
strategic policy matters, and has served as Co-Chairman of the Power
Committee on the Federation of Indian Chambers of Commerce and Industry
and as Executive Chairman of the Communication, Multimedia and
Infrastructure Association of India.
Deeya Energy provides breakthrough energy storage technology, featuring
innovative flow battery technology, that reduces energy costs of
industries up to 70 percent by minimizing or even eliminating diesel
generator use. It has more than 60 patent applications and nine issued
About Deeya Energy:
Deeya Energy is a leader in stationary energy storage using innovative
flow battery technology. Its proven Energy Storage Platform (ESP)
transforms rechargeable batteries from short-lived consumables to
long-lasting capital assets while reducing CO2 emissions. The ESP also
helps companies reduce their energy costs and operational expenses,
while improving power reliability. Deeya Energy is headquartered in
Fremont, California, USA, with additional operations in Gurgaon, India.
The Company is backed by venture capital firms including Technology
Partners, NEA, BlueRun Ventures (News - Alert), DFJ and Element Partners. For more
information, visit http://www.deeyaenergy.com.
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