Siemens Aquires Transparent Energy Systems, Waste Heat Recovery Co - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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The venture capital arm of engineering giant Siemens has announced it has bolstered its portfolio of green investments with the acquisition of a stake in India-based waste heat recovery specialist Transparent Energy Systems.

Pune-based Transparent provides a range of industrial waste heat recovery and combined heat and power systems, as well as energy-efficient boilers and heaters, and biodiesel and biogas technologies.

The deal represents SVC’s 12th investment in the field of energy and environmental technologies, and the company said that clean tech companies now make up over 30 per cent of its investment portfolio.

The deal is the latest in a series of high-profile green initiatives from Siemens, which last month reported that it expects to generate about €6bn in revenue globally from governments’ green stimulus packages.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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