Paranjpe joins green tech start-up as MD

Bloom Energy, a Silicon Valley-based start-up in the green tech sector, has appointed Girish Paranjpe, the former joint-CEO of Wipro’s information technology business, as its managing director.

Promoted by former NASA scientist K R Sridhar, California-headquartered Bloom Energy offers solid oxide fuel cell technology which converts fuel cells into electricity. In his new role, Paranjpe will be responsible for developing the company’s markets outside of the US, especially in emerging countries like Brazil, China and India.

"Bloom Energy today is at an inflection point. After developing and proving the technology in California, it is now time to expand our markets. Girish will help us start the journey of taking the promise of Bloom’s technology to the global marketplace," Sridhar, who is also the CEO of Bloom Energy, said.

Paranjpe quit India’s third largest information technology services provider, Wipro, in January after the company decided to introduce a simple organisational structure by bringing an end to its joint CEO model.

After spending 21 years in the IT business, Paranjpe was looking to change track.

"I am still in the technology space, though not information technology, and this (technology) will help solve problems in energy space," he said.