Founded by Amit Chatterjee, also CEO, Hara, a Silicon Valley startup that makes environmental and energy efficiency software, has signed a deal to provide its technology to the state-run Abu Dhabi Water and Electricity Authority.
The company said on Monday that its technology will be used to monitor and manage the energy use of some 200,000 businesses and homes in Abu Dhabi – a total of about 1.4 million customers.
Hara claims that Abu Dhabi will save $3 billion in costs over the next decade, forestalling the need to build several 500-megawatt natural gas-fired power plants.
Terms of the deal were not disclosed, though Hara, based in San Mateo, Calif., described it as a “multi-year, multi-million dollar” agreement.
About Amit Chatterjee: Amit Chatterjee is CEO and Founder of Hara (founded in 2007), the fastest growing provider of environmental and energy management solutions. Hara’s clients include several cities as well as Coca-Cola, Diebold, Hasbro, Intuit, News Corporation and Safeway.
Mr. Chatterjee has been at the forefront of shaping a new category of business software and has championed the notion of organizational metabolism. Under Chatterjee’s leadership Hara addresses an end-to-end environmental and energy business process from reporting to reduction across an organization and its value chain.
Considered a thought-leader on green economy innovation, energy independence and entrepreneurship; Mr. Chatterjee was selected as one of the most influential people in business as part of Fortune Magazine’s 40 Under 40 list for 2010.
Mr. Chatterjee is a published author of The Post Carbon Economy and is on the board of the Corporate Responsibility Officers Association. Prior to founding Hara he led SAP’s fast-growing Governance, Risk and Compliance unit. Mr. Chatterjee developed his strategic and leadership experience while at McKinsey & Co., working with clients such as SAP, Cisco and Oracle. Mr. Chatterjee has B.A. degrees in Political Science and Chemistry from UC Berkeley, with graduate studies at Stanford University.
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Home » Think Green » Amit Chatterjee founded Silicon Valley startup to help Abu Dhabi manage its energy use
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