North Star Renewable Energy Names Shivanand Nimbargi CEO to Accelerate Solar Expansion

North Star Renewable Energy appointed Shivanand Nimbargi as its Managing Director and CEO, bringing over two decades of experience in power generation and renewable project development to lead the firm’s next growth phase.

Company Strategy will focus on expanding solar portfolio across India’s high‑demand regions, leveraging recent policy incentives that aim to double solar capacity by 2030 and aligning with the nation’s push to become a top renewable energy holder.

India’s Solar Market is seeing record installations, with the sector overtaking coal in power generation and the country now ranked third globally for renewable capacity, creating a fertile environment for North Star’s growth plans.

Investors view the leadership change as a signal of confidence, expecting stronger project pipelines and potential partnerships with major utilities, which could boost the firm’s market share as India targets aggressive renewable targets through 2026.