SHANKER MOHANAN
Riyadh
Summary
Shanker is a renewable energy specialist with over 10 years of experience in business development, project development, energy finance, and techno-commercial analysis. He has successfully led several multimillion-dollar renewable energy projects, including solar, battery storage, and decarbonization solutions, across the Middle East, Africa, and Asia.
Overview
11
11
years of professional experience
Work History
Head of Regional Development
Emerge Limited (EDF and Masdar JV)
10.2022 - Current
- Spearhead strategic initiatives to expand the renewable energy footprint across the GCC, driving growth in solar, battery storage, and decarbonization solutions for industrial and commercial clients.
- Developed a 500MW+ renewable energy portfolio, delivering customized solutions for mining, cement, agriculture, aquaculture, poultry, steel, and commercial real estate sectors.
- Led negotiations and secured multiple bankable Power Purchase Agreements, ensuring long-term financial viability and fostering strategic partnerships.
Sr. Energy Consultant
African Development Bank
08.2021 - 09.2022
- Led the technical and commercial validation of $5M turnkey irrigation projects in Northern Ethiopia, developing bankable investment opportunities and ensuring project readiness for financing.
- Led the initiation and execution of the $7M Africa Mini-Grid Market Acceleration Program (AMAP), a grant facility designed to scale energy access projects, mobilize investment, and accelerate renewable deployment across seven African countries
Techno-Commercial Specialist
Asian Development Bank
01.2020 - 12.2022
- Led the 20 MWh battery energy storage-driven grid reinforcement project in Palau, optimizing battery sizing for ancillary services and time-shift applications. Conducted investment and technical due diligence on the subsidized loan-backed project from ADB, ensuring feasibility and financial viability.
- Led the techno-commercial design of the ASSURE project in Maldives which is aimed at decarbonizing 20 islands which currently run on diesel. The total solar capacity of the project is 30 MWp with 40 MWh of storage.
Founder
Ojas Energy Transition Limited
01.2020 - 09.2022
- Led the technical design and commercial valuation for a large-scale decarbonization initiative across 62 cities in Angola for Sun Africa, delivering 225 MWp of solar and 300 MWh of BESS solutions.
- Conducted in-depth feasibility studies and shaped the expansion strategy for Nuru SARL in the Democratic Republic of the Congo, facilitating a $40 million equity raise for renewable energy deployment.
- Executed technical and financial due diligence for Trine AB, securing €4 million in funding for 44 renewable energy projects in Nigeria, totaling 2 MWp of solar and 6 MWh of BESS capacity.
- Served as a lender’s technical and financial advisor for Chapel Hill Denham, providing strategic expertise to de-risk and scale renewable energy investments in Nigeria.
- Led due diligence efforts to secure $5.4 million in funding from the US Development Finance Corporation, enabling 12 renewable energy projects in Nigeria with a total 870 kWp solar capacity and 2,358 kWh of BESS.
- Advisory Board member for Asoba Decentralized Finance LLC, guiding capital allocation for clean energy, decentralized finance, and mixed-use development across Africa.
- Provided strategic technical support to Marvellous Energy, enabling off-grid mining operations in Africa with customized energy solutions for improved efficiency and sustainability.
Country Director
Enerwhere Sustainable Energy Nigeria Limited
07.2018 - 08.2021
- Led end-to-end in-country operations for C&I solar projects, overseeing business development, project execution, legal structuring, financing, procurement, logistics, construction, and maintenance.
- Managed a cross-functional team of engineers and technicians, successfully installing and commissioning 8 solar projects totaling 3 MWp.
- Drove project efficiency and execution, ensuring seamless coordination across technical, financial, and regulatory aspects to deliver projects on time and within budget.
Energy Expert
Inensus Integrated Energy Supply Systems
11.2017 - 06.2018
- Led financial and technical due diligence on multiple renewable energy projects for AfDB, the World Bank, IFC, and the Electrification Financing Initiative, ensuring investment viability and scalability.
- Advised and supported both private and public-sector stakeholders in the development, structuring, and operations of energy projects, accelerating energy access and off-grid electrification.
Project Manager
Redavia Rental Solar Power
04.2015 - 10.2017
- Productized Redavia`s energy solution comprising of low voltage generation, storage, and distribution equipment for off-grid villages in remote Tanzania.
- Led the design, procurement, construction, and operations of large solar mini-grids in East Africa while managing on-site health and safety issues.
Impact Investing
Impact Economy
10.2014 - 03.2015
- Identified and evaluated early-stage clean tech start-ups by conducting site visits to energy clusters, incubators, R&D labs, and high-potential ventures.
- Assessed cutting-edge clean energy technologies through on-site evaluations, entrepreneur interviews, and technical due diligence, ensuring scalability and market fit.
- Curated and hosted a high-impact pitch event, connecting promising start-ups with potential investors to accelerate funding and commercialization.
Education
Master of Science - Power Engineering
Technical University
Munich, Germany04-2015
Bachelor of Engineering - Mechanical Engineering
Anna University
Chennai, India08-2012
Skills
- Renewable Energy Project Development – End-to-end execution of solar, battery storage, and decarbonization projects across Africa & the GCC
- Energy Finance & Investment Structuring – Conducted financial due diligence, secured funding, and structured investment strategies for large-scale renewable energy projects
- Power Purchase Agreements & Commercial Structuring – Led negotiations and structured bankable PPAs, ensuring project bankability and investor confidence
- Grid Integration & Energy Storage – Expertise in battery energy storage (BESS), hybrid systems, and grid modernization for industrial-scale energy solutions
- Business Development & Strategic Growth – Originated, structured, and expanded a 1,000MW renewable energy portfolio, working with governments, utilities, and private clients
- Technical & Financial Due Diligence – Conducted feasibility studies for development banks, private investors, and public sector entities to de-risk renewable energy investments
Timeline
Head of Regional Development
Emerge Limited (EDF and Masdar JV)
10.2022 - Current
Sr. Energy Consultant
African Development Bank
08.2021 - 09.2022
Techno-Commercial Specialist
Asian Development Bank
01.2020 - 12.2022
Founder
Ojas Energy Transition Limited
01.2020 - 09.2022
Country Director
Enerwhere Sustainable Energy Nigeria Limited
07.2018 - 08.2021
Energy Expert
Inensus Integrated Energy Supply Systems
11.2017 - 06.2018
Project Manager
Redavia Rental Solar Power
04.2015 - 10.2017
Impact Investing
Impact Economy
10.2014 - 03.2015
Master of Science - Power Engineering
Technical University
Bachelor of Engineering - Mechanical Engineering
Anna University
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