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Genesis Ray

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Year Founded & Workforce

2017

100 Employees

Industry

ICT

Services

Renewable Energy Services
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Genesis Ray Overview

Company Headquarters: Singapore

Founded: 2017

Workforce: ~50-100

Company Working: Genesis Ray is a clean energy focused company provides location-based intelligence and analytics for renewable energy and gas sector. The company offers site suitable reports, data services, explorer, power market models, and GIS services to its consumer by partnering with ESRI and Sustainable Energy Association of Singapore (SEAS). Genesis Ray has strong operational presence in major Asian countries like India & Singapore.

Strategy

Genesis Ray focuses on key strategic markets by launching sustainable solutions and technological advancement. The company aims to develop a diversified product portfolio as a part of its strategy to generate more revenue. It also partnered with ESRI and Sustainable Energy Association of Singapore (SEAS) to develop a sustainable position in the offshore wind energy market.

Company Snapshot

100

Employees

2017

Founded

Singapore

Headquarters

SWOT Analysis

Strengths

  • Strong and diversified product range
  • Strong presence in South & Southeast Asian region
  • Significant use of technology for renewable sector

Weaknesses

  • Need more developments and strategic initiatives
  • Need more global expansion

Opportunities

  • Growth of sustainability in emerging economies

Threats

  • Competitive market
  • Changing climatic conditions in different regions

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Key Developments

DateApproachDevelopment
September 2022PartnershipGenesis Ray announced that it has become a "silver partner" in ESRI's partner network. The coveted award recognises Genesis Ray's involvement in providing geospatial solutions and services in the clean energy industry.
December 2021LaunchGenesis Ray Energy launched GenRay Data Services which aimed at analysts who require detailed data to discover, analyse, and appraise potential renewable energy project sites.
August 2021Product OfferingGenesis Ray Energy, announced an offer of a free subscription for the state of Gujarat. It invites Gujarat state government officials, energy utilities, energy authorities, as well as programmers, specialists, and investors from India and abroad who are interested in Gujarat's energy and renewable sector, to take advantage of the offer and evaluate the tool in order to make risk-free, quick, and cost-effective selections.
July 2021LaunchGenesis Ray Energy, launched the GenRay Site Suitability Mapping Module, a critical tool for evaluating and selecting the best site for renewable energy projects. The technology had especially useful in the current Covid-19 era, when large physical site surveys became impractical.

Product Offering

  • Genesis Ray
    • Renewable Energy Services

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