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{{Short description|Solar tech company}}
{{Primary sources|date=January 2024}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{Infobox company
{{Infobox company
| name = Astonfield Renewables
| name = Astonfield Renewable Resources
| logo = [[File:Astonfield logo.png|150px]]
| logo = Astonfield logo.png
| type =
| logo_padding =
| industry = [[Renewable energy]]
| genre =
| founded = {{Start date and age|2005}}
| fate =
| founders = {{ubl|Ameet Shah|Sourabh Sen}}
| predecessor =
| hq_location = Mittal Tower C-Wing, Office 55, [[Nariman Point]]
| successor =
| hq_location_city = [[Mumbai]], [[Maharashtra]]
| foundation = 2005
| hq_location_country = India<ref>{{Cite web |title=Contact Us |url=http://astonfield.com/contact.asp |url-status=dead |archive-url=https://web.archive.org/web/20161116015737/http://astonfield.com/contact.asp |archive-date=16 November 2016 |access-date=15 November 2016 |website=Astonfield}}</ref>
| founder =
| defunct =
| num_locations =
| num_locations_year = <!-- Year of num_locations data (if known) -->
| location_city = [[New York, New York|New York]], United States [[Mumbai]], India
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| production_year = <!-- Year of production data (if known) -->
| industry = Renewable Energy
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| website = {{URL|http://www.astonfield.com/}}
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{{Renewable energy}}
'''Astonfield Renewables''' is a [[renewable energy]] company that builds, owns, and operates utility-scale [[solar power plants]] in [[emerging markets]]. Headquartered in [[New York]] and [[Mumbai]], its operational focus on [[India]] is supported by additional offices in [[New Delhi]] and [[Kolkata]].

'''Astonfield Renewables Resources''' is a [[renewable energy]] company that builds, owns, and operates utility-scale [[solar power plants]] in [[emerging markets]]. Headquartered in [[Mumbai]], its operational focus on [[India]] is supported by additional offices in [[New Delhi]] and [[Kolkata]].


==History==
==History==
Astonfield was founded in 2005 by Ameet Shah and Sourabh Sen. As an early entrant in the Indian solar market, Astonfield won one of the first solar project contracts in the country under the Jawaharlal Nehru National Solar Mission. This project, a 5 MW solar photovoltaic project at Osiyan, Rajasthan, was commissioned under the Migration Phase of the National Solar Mission, which incorporated projects already under advanced development when the Mission was launched in 2009.<ref name="T-solar partnership">{{cite web|last=ProjectsMonitor|title=Astonfield and T-Solar form STRATEGIC PARTNERSHIP|url=http://www.projectsmonitor.com/ELECTRICITY/astonfield-and-tsolar-form-strategic-partnership}}</ref>
Astonfield was founded in 2005 by Ameet Shah and Sourabh Sen.<ref>{{Cite web |title=History |url=http://astonfield.com/history.asp |access-date=2024-01-27 |website=Astonfield}}</ref> As an early entrant in the Indian solar market, Astonfield won one of the first solar project contracts in the country under the Jawaharlal Nehru National Solar Mission. This project, a 5 MW solar photovoltaic project at Osiyan, Rajasthan, was commissioned under the Migration Phase of the National Solar Mission, which incorporated projects already under advanced development when the Mission was launched in 2009.<ref name="T-solar partnership">{{cite web |last= |date=2011-06-07 |title=Astonfield and T-Solar form STRATEGIC PARTNERSHIP |url=http://www.projectsmonitor.com/ELECTRICITY/astonfield-and-tsolar-form-strategic-partnership |url-status=dead |archive-url=https://archive.today/20130131211529/http://www.projectsmonitor.com/ELECTRICITY/astonfield-and-tsolar-form-strategic-partnership |archive-date=2013-01-31 |access-date=2024-01-27 |website=Project Monitor}}</ref>


==U.S./India Partnerships==
==U.S.-India partnerships==
In 2011, the [[United States Trade and Development Agency]] (USTDA) announced a series of agreements at the conclusion of the U.S.-India Strategic Dialogue to enhance trade opportunities between the [[U.S.-India relations#Trade relations|two countries]]. Astonfield received a $719,985 grant to assist in the design and deployment of two solar projects in India.<ref name="USTDA">[http://newindianexpress.com/business/news/article421409.ece US funding for clean energy projects], The New Indian Express.</ref>
In 2011, the [[United States Trade and Development Agency]] (USTDA) announced a series of agreements at the conclusion of the U.S.-India Strategic Dialogue to enhance trade opportunities between the [[U.S.-India relations#Trade relations|two countries]]. Astonfield received a $719,985 grant to assist in the design and deployment of two solar projects in India.<ref name="USTDA">{{Cite web |title=US funding for clean energy projects |url=http://newindianexpress.com/business/news/article421409.ece |archive-url=https://web.archive.org/web/20160304205802/http://www.newindianexpress.com/business/news/article421409.ece |archive-date=4 March 2016 |url-status=dead |access-date= |website=[[The New Indian Express]]}}</ref>


In 2010, the [[U.S.-India Business Council]], a business advocacy organization that represents U.S. companies in India and global Indian companies, selected Astonfield’s Chief Operating Officer Aparna Doshi to their Solar Power Task Force, which was an initiative to promote trade and investment in solar power.<ref name=SolarExports>{{cite web|last=Indian Express|first=The New|title=US firms eyeing export of solar tech to India|url=http://newindianexpress.com/business/news/article298524.ece}}</ref>
In 2010, the U.S.-India Business Council, a business advocacy organization that represents U.S. companies in India and global Indian companies, selected Astonfield’s Chief Operating Officer Aparna Doshi to their Solar Power Task Force, which was an initiative to promote trade and investment in solar power.<ref name="SolarExports">{{cite web |last= |first= |title=US firms eyeing export of solar tech to India |url=http://newindianexpress.com/business/news/article298524.ece |archive-url=https://web.archive.org/web/20160304114825/http://www.newindianexpress.com/business/news/article298524.ece |archive-date=4 March 2016 |url-status=dead |access-date= |website=[[The New Indian Express]]}}</ref>


In 2010, Astonfield was awarded the Export Achievement Award by the U.S. Department of Commerce, as well as the Global Green Award at World Trade Week NYC.
In 2010, Astonfield was awarded the Export Achievement Award by the U.S. Department of Commerce, as well as the Global Green Award at World Trade Week NYC.


==Projects==
==Projects==
As an early mover in the Indian solar market, Astonfield’s projects were 2-12 MW in size. They are gravitating toward larger projects of 25 MW and above in the coming year.<ref>{{cite news|url=http://www.astonfield.com/press/pr/PV%20Insider%20Interview-Abe%20Tarapani%20July%204%202012.pdf|title=PV Insider Interview: Abe Tarapani—Implementing International Standards into the Indian PV Market for the Sustainability of the Industry}}</ref><ref>{{cite news|url=http://www.pv-insider.com/development-india/content15.php|title=Implementing International Standards into the Indian PV Market for the Sustainability of the Industry |work=PV Insider}}</ref> In July 2013, Astonfield received an A- credit rating on loan facilities for its 5 MW solar plant in Osiyan, Rajasthan, from Credit Rating Information Services of India Limited (CRISIL), a division of the McGraw Hill Corporation and whose majority stakeholder is Standard & Poor’s. It was one of the first solar plants to have received an A level credit rating in India.<ref>{{cite news|url=http://www.solarserver.com/solar-magazine/solar-news/current/2013/kw28/astonfield-earns-indias-first-crisil-a-credit-rating-for-5-mw-pv-plant-in-rajasthan.html|title=Astonfield earns India's first CRISIL 'A' credit rating for 5 MW PV plant in Rajasthan|work=SolarServer}}</ref>
As an early mover in the Indian solar market, Astonfield’s projects were 2-12 MW in size. They are gravitating toward larger projects of 25 MW and above in the coming year.<ref>{{cite news |title=PV Insider Interview: Abe Tarapani—Implementing International Standards into the Indian PV Market for the Sustainability of the Industry |url=http://www.astonfield.com/press/pr/PV%20Insider%20Interview-Abe%20Tarapani%20July%204%202012.pdf |url-status=dead |archive-url=https://web.archive.org/web/20140520083527/http://astonfield.com/press/pr/PV%20Insider%20Interview-Abe%20Tarapani%20July%204%202012.pdf |archive-date=20 May 2014 |access-date=13 August 2012 |work=Astonfield}}</ref><ref>{{cite news |title=Implementing International Standards into the Indian PV Market for the Sustainability of the Industry |url=http://www.pv-insider.com/development-india/content15.php |work=PV Insider}}</ref> In July 2013, Astonfield received an A− credit rating on loan facilities for its 5 MW solar plant in Osiyan, Rajasthan, from Credit Rating Information Services of India Limited (CRISIL), a division of the McGraw Hill Corporation and whose majority stakeholder is Standard & Poor’s. It was one of the first solar plants to have received an A level credit rating in India.<ref>{{cite news |date=2013-07-09 |title=Astonfield earns India's first CRISIL 'A' credit rating for 5 MW PV plant in Rajasthan |url=http://www.solarserver.com/solar-magazine/solar-news/current/2013/kw28/astonfield-earns-indias-first-crisil-a-credit-rating-for-5-mw-pv-plant-in-rajasthan.html |url-status=dead |archive-url=https://archive.today/20130827204059/http://www.solarserver.com/solar-magazine/solar-news/current/2013/kw28/astonfield-earns-indias-first-crisil-a-credit-rating-for-5-mw-pv-plant-in-rajasthan.html |archive-date=2013-08-27 |access-date=2024-01-27 |work=SolarServer}}</ref>
<!-- Deleted image removed: [[File:Astonfield's 5 MW solar plant in Osiyan, Rajasthan.jpg|thumb| Astonfield's 5 MW solar plant in Osiyan, Rajasthan]] -->
<!-- Deleted image removed: [[File:Astonfield's 5 MW solar plant in Osiyan, Rajasthan.jpg|thumb| Astonfield's 5 MW solar plant in Osiyan, Rajasthan]] -->


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* [[Solar power in India]]
* [[Solar power in India]]
* [[Osian, Jodhpur|Osian]]
* [[Osian, Jodhpur|Osian]]
* [[Solar Energy Corporation of India]]


==References==
==References==
Line 78: Line 90:
==External links==
==External links==
* {{Official website|http://www.astonfield.com/}}
* {{Official website|http://www.astonfield.com/}}
{{PCOI}}

{{-}}


[[Category:Power companies of India]]
[[Category:Solar energy companies of India]]
[[Category:Power companies of the United States]]
[[Category:Companies based in Mumbai]]
[[Category:Companies established in 2005]]
[[Category:Energy companies established in 2005]]
[[Category:Companies based in New York City]]
[[Category:Renewable resource companies established in 2005]]
[[Category:Indian companies established in 2005]]
[[Category:2005 establishments in Maharashtra]]




{{India-company-stub}}
{{India-company-stub}}
{{US-energy-company-stub}}

Latest revision as of 02:30, 17 February 2024

Astonfield Renewable Resources
IndustryRenewable energy
Founded2005; 19 years ago (2005)
Founders
  • Ameet Shah
  • Sourabh Sen
HeadquartersMittal Tower C-Wing, Office 55, Nariman Point, ,
India[1]
Websitewww.astonfield.com

Astonfield Renewables Resources is a renewable energy company that builds, owns, and operates utility-scale solar power plants in emerging markets. Headquartered in Mumbai, its operational focus on India is supported by additional offices in New Delhi and Kolkata.

History

[edit]

Astonfield was founded in 2005 by Ameet Shah and Sourabh Sen.[2] As an early entrant in the Indian solar market, Astonfield won one of the first solar project contracts in the country under the Jawaharlal Nehru National Solar Mission. This project, a 5 MW solar photovoltaic project at Osiyan, Rajasthan, was commissioned under the Migration Phase of the National Solar Mission, which incorporated projects already under advanced development when the Mission was launched in 2009.[3]

U.S.-India partnerships

[edit]

In 2011, the United States Trade and Development Agency (USTDA) announced a series of agreements at the conclusion of the U.S.-India Strategic Dialogue to enhance trade opportunities between the two countries. Astonfield received a $719,985 grant to assist in the design and deployment of two solar projects in India.[4]

In 2010, the U.S.-India Business Council, a business advocacy organization that represents U.S. companies in India and global Indian companies, selected Astonfield’s Chief Operating Officer Aparna Doshi to their Solar Power Task Force, which was an initiative to promote trade and investment in solar power.[5]

In 2010, Astonfield was awarded the Export Achievement Award by the U.S. Department of Commerce, as well as the Global Green Award at World Trade Week NYC.

Projects

[edit]

As an early mover in the Indian solar market, Astonfield’s projects were 2-12 MW in size. They are gravitating toward larger projects of 25 MW and above in the coming year.[6][7] In July 2013, Astonfield received an A− credit rating on loan facilities for its 5 MW solar plant in Osiyan, Rajasthan, from Credit Rating Information Services of India Limited (CRISIL), a division of the McGraw Hill Corporation and whose majority stakeholder is Standard & Poor’s. It was one of the first solar plants to have received an A level credit rating in India.[8]

Power plants

[edit]
Location Type Capacity
Osiyan, Rajasthan Photovoltaic 5 MW
Jhansi, Uttar Pradesh Photovoltaic 2 MW
Nayaka, Gujarat Photovoltaic 11.5 MW

See also

[edit]

References

[edit]
  1. ^ "Contact Us". Astonfield. Archived from the original on 16 November 2016. Retrieved 15 November 2016.
  2. ^ "History". Astonfield. Retrieved 27 January 2024.
  3. ^ "Astonfield and T-Solar form STRATEGIC PARTNERSHIP". Project Monitor. 7 June 2011. Archived from the original on 31 January 2013. Retrieved 27 January 2024.
  4. ^ "US funding for clean energy projects". The New Indian Express. Archived from the original on 4 March 2016.
  5. ^ "US firms eyeing export of solar tech to India". The New Indian Express. Archived from the original on 4 March 2016.
  6. ^ "PV Insider Interview: Abe Tarapani—Implementing International Standards into the Indian PV Market for the Sustainability of the Industry" (PDF). Astonfield. Archived from the original (PDF) on 20 May 2014. Retrieved 13 August 2012.
  7. ^ "Implementing International Standards into the Indian PV Market for the Sustainability of the Industry". PV Insider.
  8. ^ "Astonfield earns India's first CRISIL 'A' credit rating for 5 MW PV plant in Rajasthan". SolarServer. 9 July 2013. Archived from the original on 27 August 2013. Retrieved 27 January 2024.
[edit]