{{Short description|Solar tech company}} {{Primary sources|date=January 2024}} {{Use dmy dates|date=May 2018}} {{Use Indian English|date=May 2018}} {{Infobox company | name = Astonfield Renewable Resources | logo = Astonfield logo.png | logo_padding = | industry = Renewable energy | founded = {{Start date and age|2005}} | founders = {{ubl|Ameet Shah|Sourabh Sen}} | hq_location = Mittal Tower C-Wing, Office 55, Nariman Point | hq_location_city = Mumbai, Maharashtra | 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> | num_locations = | num_locations_year = <!-- Year of num_locations data (if known) --> | area_served = <!-- or: | areas_served = --> | key_people = | products = | brands = | production = | production_year = <!-- Year of production data (if known) --> | services = | revenue = | revenue_year = <!-- Year of revenue data (if known) --> | operating_income = | income_year = <!-- Year of operating_income data (if known) --> | net_income = <!-- or: | profit = --> | net_income_year = <!-- or: | profit_year = --><!-- Year of net_income/profit data (if known) --> | assets = | assets_year = <!-- Year of assets data (if known) --> | equity = | equity_year = <!-- Year of equity data (if known) --> | owner = <!-- or: | owners = --> | members = | members_year = <!-- Year of members data (if known) --> | num_employees = | num_employees_year = <!-- Year of num_employees data (if known) --> | parent = | divisions = | subsid = | module = <!-- Used to embed other templates --> | website = {{URL|http://www.astonfield.com/}} | footnotes = }}
{{Renewable energy}}
'''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== 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== 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.<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= |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.
==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 |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: thumb| Astonfield's 5 MW solar plant in Osiyan, Rajasthan -->
===Power plants=== <gallery> File:Astonfield 5 MW Solar Power Plant in Osiyan, Rajasthan.jpg|Astonfield's 5 MW solar plant in Osiyan, Rajasthan. File:Astonfield-UttarPradesh-2MW-SolarPlant.jpg|Astonfield's 2 MW solar plant in Jhansi, Uttar Pradesh. File:Astonfield 11.5MW Solar Plant Gujarat.jpg|Astonfield's 11.5 MW solar plant in Gujarat, India. </gallery> {| class="wikitable" |- ! Location !! Type !! Capacity |- | Osiyan, Rajasthan || Photovoltaic||5 MW |- | Jhansi, Uttar Pradesh || Photovoltaic|| 2 MW |- | Nayaka, Gujarat|| Photovoltaic ||11.5 MW |}
==See also== * Solar power in India * Osian * Solar Energy Corporation of India
==References== {{Reflist|30em}}
==External links== * {{Official website|http://www.astonfield.com/}} {{PCOI}}
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Category:Solar energy companies of India Category:Companies based in Mumbai Category:Energy companies established in 2005 Category:Renewable resource companies established in 2005 Category:Indian companies established in 2005 Category:2005 establishments in Maharashtra
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