Sharma joined Deeya Energy’s Board of Directors in late 2012, bringing industry leadership and success in businesses in the energy and telecommunications markets. Before joining Deeya Energy, he was CEO of Adani Power Ltd, India’s second largest private power producer, CEO South Asia for Alcatel Lucent, and CEO of Videocon Telecom, part of the diversified Videocon Group, as well as holding other key industry management positions. He has also served on the board of several public and private companies.

“The appointment of Ravi Sharma as Chairman of Deeya Energy’s Board of Directors will greatly benefit the reach and strategy of our business, given his deep expertise in our major growth areas and his extensive experience in South Asia, the Middle East, and Africa region,” said Kelly Truman, President and CEO of Deeya Energy, Inc.

Mr. Sharma said of his new role, “I am excited and honored to serve in this new position. My focus will be on driving adoption and accelerating global revenue growth for Deeya’s breakthrough energy solution.”

Sharma went on to say, “This breakthrough energy solution is the first of its kind and is currently being used in telecom tower sites. It has proven to reduce diesel fuel consumption by more than 50% and completely eliminate diesel generator use wherever grid power is available for at least eight hours a day, providing huge operating cost savings and a cleaner environment. In India alone telecom towers consume more than 5 billion litres of diesel fuel annually to produce power that is very polluting. The Deeya Energy solution could easily be extended to railways, rural electrification and data centers, helping these industries with more reliable power that is economical, clean and green.”

Ravi Viswanathan, General Partner at NEA who serves on Deeya’s Board of Directors, said, “Ravi Sharma brings the right blend of technology leadership and industry knowledge to this new role at the company. He will be pivotal in leading Deeya Energy through its next growth phase and beyond.”

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 NEA, Technology Partners, Blue Run, DFJ and Element Partners.

Sethuraman brings to the company extensive experience in planning, building, and executing telecom and networking infrastructure businesses in South Asia.

Before joining Deeya Energy, Sethuraman was the Executive Director, Regional Unit and Vice President for Solutions Sales and Marketing and CTO of Huawei Telecommunications India for past four years. Prior to that, he held a number of senior executive positions at Alcatel-Lucent, including Chief Marketing Officer, Country Senior Officer, Director Business Development & Strategy for South Asia, and Director of Broadband Networking Division over a ten-year period.

“Sethu brings to Deeya Energy a wealth of operational, strategic and technical expertise and will help to shape and guide telecom and other key applications areas in our target markets,” said Dr. J. Kelly Truman, Global President and CEO of Deeya Energy Inc.

Commenting on his new position, Sethuraman, Managing Director, Deeya Energy India Pvt. Ltd. said, “Deeya Energy is an innovator at the forefront of smart, renewable energy storage solutions. I am excited about the opportunity and the revolution that’s about to take place in the global energy storage space. I am looking forward to leverage my experience to extend the company’s reach in the region and beyond.”

Sethuraman holds an Electronics and Communications Engineering degree from University of Madras, India. He is active in various industry associations and has been Chairman of GSA in India, an association of leading mobile telecom vendors. Sethuraman has also been on the Board of Directors of six telecom companies in India and been involved with various industry bodies as a telecom expert and assisted in shaping policies.

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, 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 companies.

“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, Global President 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 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 patents.

“This year’s GoingGoing Global 200 displays a maturity in the green technology industry that makes it very attractive to both investors and innovators. Greentech research is maturing rapidly, and as it couples with technology innovators and investors, companies are emerging that have the ability to change the way we live our lives for the better and bring huge returns to their founders and funders.” says Tony Perkins, founder and editor of AlwaysOn. “This year’s GoingGreen Global 200 winners are pushing the bounds of how technology can bring about change in the war on our planet’s waning resources. The strength of these companies lies in their ability to nurture innovative ideas and seen them through to successful, sustainable, and profitable businesses.”

More information on the GoingGreen Global 200 awards is available here »

Fremont, CA – May 24 2011 – Assemblymember Bob Wieckowski announced today that he selected Deeya Energy, a Fremont-based energy storage management firm, as the 20th Assembly District’s Small Business of the Year. The company will be showcased in small business day events in the Capitol on June 6, led by Senate President Pro Tem Darrell Steinberg, Assembly Speaker John Perez, and the California Small Business Association.

“I am proud to select Deeya Energy as the 20th Assembly District’s Small Business of the Year,” said Assemblymember Wieckowski. “Deeya Energy is an innovative company that has successfully leveraged NASA research from the early 70’s to create an energy storage platform that is conducive to clean and green energy.

“This company truly serves as a powerful example of the importance of investing in research and development to create technological breakthroughs,” said Wieckowski, who serves as the co-chair of the Assembly Select Committee on California’s Clean Energy Economy. “As in Deeya’s case, these advancements can spur innovation for decades to come.”

Deeya Energy, founded in 2004, developed an energy storage platform that complements wind, solar, biomass and other renewable energy platforms by storing grid or electricity board power. This significantly reduces diesel generator usage, resulting in lower greenhouse gas emissions.

Deeya Energy has won various accolades, including being selected as the 2010 Global Cleantech 100– Asia-Pac Top 10 Company, the AlwaysOn GoingGreen Top 100 Winner, and it was also named a Global Cleantech 100 company by Guardian News and Media.

Assemblymember Bob Wieckowski currently serves as the chair of the Committee on Environmental Safety and Toxic Materials and is a member of the Judiciary, Insurance, and PERS committees. Wieckowski was elected in November 2010 to represent the 20th Assembly District, which includes all of Fremont, Union City, Newark, Milpitas, and parts of Castro Valley, Hayward and Pleasanton.

Contact: Jeff Barbosa 916-319-2020

Via: Assemblymember Bob Wieckowski

FREMONT, CA (May 3, 2011) – Deeya Energy has been awarded TiE50 Winner, a leader in innovation, ingenuity, and management excellence. The TiE50 award is presented by TiE at TiECon2011 to the top 50 start-ups from close to 1200 nominees.

Visit the TiE50 Site »

The answer is derived by the Cleantech Group, who draws on its own data and research, and combines it with the weighted qualitative judgments of both hundreds of cleantech industry insiders, and the viewpoints of a 60-strong, international expert panel. To qualify for the list, companies must be independent, for-profit, cleantech companies.

Winning a place on the prestigious Global Cleantech 100 list two years running, and being named a Top 10 Cleantech company in Asia-Pacific, is a strong affirmation of Deeya Energy’s technology, products and continued commitment to delivering value to customers.

The 60-strong expert panel is drawn from well-respected organisations in cleantech innovation from around the world, including leading investors such as Emerald Technology Ventures, Generation Investment Management, Kleiner Perkins Caulfield & Byers, New Enterprise Associates, SAM Private Equity, Sequoia Capital, and VantagePoint Venture Partners, and from a wide variety of corporations from many different industries, such as BASF, GE, Honeywell, IBM, Procter & Gamble, Siemens, and Veolia.

“The second Global Cleantech 100 shines a spotlight on which companies and which technology areas the global innovation community is currently most excited about, from a commercial standpoint,” said Richard Youngman, MD, Europe & VP, Global Research at Cleantech Group.” There have been significant changes since 2009: more Asian companies and less renewable energy generation companies attest to the growing diversification of cleantech innovation. Cleantech is a broader phenomenon than just clean energy. The wider issues of resource scarcity are starting to gain attention and traction.”

“The Global Cleantech 100 list represents the most rigorous, serious attempt made yet to provide a scorecard of the progress that is being made by cleantech companies. This year’s expert panel involved a greater level of corporate participation than last year’s, and we also saw an increased presence of companies from China in the Top 100 list – both trends that we at VantagePoint see as critical signs of the times,” commented Stephan Dolezalek, the CleanTech Group Leader at VantagePoint Point Venture Partners.
The full list of Global Cleantech 100 firms is available online, on the websites of the Cleantech Group (http://cleantech.com/GlobalCleantech100.cfm) and the Guardian (http://www.guardian.co.uk/globalcleantech100).

About Deeya Energy, Inc.
Founded in 2004 in the heart of Silicon Valley, Deeya Energy is a cleantech company dedicated to creating the industry’s most environmentally sound and cost-effective energy storage solutions for telecommunications backup, renewable energy and grid power applications. Deeya Energy’s management team consists of veterans from the fields of cleantech, industrial power, energy storage, software, telecommunications, semiconductors and chemical industries. Deeya investors comprise leading international cleantech venture funds including NEA, DFJ, Element Partners, Technology Partners and BlueRun Ventures. For further information on Deeya Energy, visit www.deeyaenergy.com.

Press contact:
media (at) deeyaenergy (dot) com

About the Cleantech Group, LLC
Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, pioneered the clean technology category in 2002. Today, it helps its clients make critical business decisions by providing the latest market intelligence through subscription-based research, custom advisory services, and global networking events. The company’s growing international client base includes global corporations, investors, entrepreneurs, governments, and service providers. The company also produces the premier Cleantech Forum® and Focus™ events worldwide, including upcoming events in Paris, New York, Chicago, and Los Angeles. Details are available at http://www.cleantech.com

Press contact:
Dave Ewart
Cleantech Group
Tel: +1 (415) 684-1020 x6760
Email: dave.ewart@cleantech.com

About the Guardian
The Guardian is one of the UK’s leading daily titles, and the Guardian.co.uk website delivers its liberal journalism to a global audience. The Guardian’s vision is to be the leader on sustainability within the media industry. Through its editorial coverage and business activities, the Guardian demonstrates to its readers, staff, advertisers, suppliers and its communities that Guardian News & Media is committed to enhancing society’s ability to build a sustainable future.