Red Dot Power Pte Ltd
Mr. Vijay Sirse is the Founder Chairman and CEO of vTrium Energy Pte. Ltd., a Singapore incorporated company (www.vtriumenergy.com) specializing in Energy Management, Electricity Retail (Discom), Distributed Solar Power Generation and Battery Storage solutions. Mr. Sirse is the entrepreneur, innovator, investor, developer and owner of companies that carry out projects in these cutting edge technologies with Singapore as the Headquarter.
vTrium is pioneer in bringing cutting edge Organic PV Solar solutions to Singapore through a partnership with Heliatek GmbH, Germany and MW scale Grid Battery Storage solutions from Younicos AG, Germany. The first set of OPV Solar projects are implemented for JTC facilities under a SPRING Singapore funded pilot. The partnerships with German technology companies Heliatek and Younicos have established vTrium Energy Group as the leading solutions provider for grid and off-grid applications for the entire energy value chain.
vTrium Energy’s subsidiary Red Dot Power Pte Ltd (formerly known as CPvT Energy Pte Ltd) is a licensee of Electricity Retail and is a Market Participant in the National Electricity Market of Singapore (NEMS) and Electricity Futures Market administered by SGX Singapore. Red Dot Power, a homegrown Singapore entity is the first independent Electricity Retailer to begin the electricity supply to contestable class of electricity consumer in Singapore taking the benefit of the Electricity Futures Market and currently occupies #1 position amongst the independent electricity retailers in terms of market share.
Red Dot Power’s business model is to offer all-inclusive energy management solutions to its retail electricity consumers both on demand side and supply side i.e., electricity demand management (Demand Response/Interruptible Load), retail electricity supply and Solar/Storage thus providing a complete one-stop energy solution to the electricity consumers in Singapore.
Mr. Sirse has more than 33 years of experience in business development, project financing and asset management in the electricity sector. His experience encompasses 360 degree private power projects development and implementation of frontier technology application solutions in Emerging Markets. Prior to starting his own venture vTrium Energy, Mr. Sirse has worked with many multinational companies like Globeleq (an Actis UK subsidiary), El Paso Energy USA and ABB.