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Elio is a leading developer of utility-scale solar generation and battery energy storage projects across the United States, specializing in greenfield developments.

Excelling in de-risking projects

  • Founded in 2022, Elio is the next phase of growth for prominent industry players, RRE Power and Aelius Solar Corp, who have established a successful track-record over the past 12 years developing large-scale solar projects in the US. Guided by a management team with decades of combined experience and deep market insights, Elio is at the forefront of the renewable energy sector.
  • Elio excels in de-risking projects from greenfield origination through to Ready-to-Build (RTB) status, offering comprehensive expertise in development, construction, and ownership. As a trusted partner to respected investors and joint-venture platforms, Elio collaborates closely with key stakeholders to ensure efficient decision-making and project execution, all while maintaining a speed-to-market mentality.
  • Currently, Elio is advancing a robust pipeline of 7 GW in active development, with an ambitious goal to deliver over 10+ GW in Ready-to-Build projects by the end of 2028.

Company timeline

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Our Ethos

Vision

To be recognized as the premier and best-in-class renewable energy project developer in the United States, distinguished by the unparalleled quality of our projects, the exceptional value we deliver to investors, and the deep expertise we bring to every endeavor.

Mission

To lead the development of utility-scale renewable energy projects in key markets, maximizing returns while delivering shovel-ready projects, de-risked to the greatest level possible. We are committed to setting industry benchmarks in project quality, investor value, and expert execution.

Values

Operating with deep expertise, inclusivity and integrity
Building strong, long-term relationships with landowners, local communities and other stakeholders
Ensuring only the highest quality projects with clear environmental benefits
Contributing to a carbon-free future for all

Meet the team

Daven Mehta

CEO

  • Founder and lead visionary behind RRE Power, a mainstream solar developer focused in the US.
  • Acquired extensive greenfield development expertise with 1.5 GW originated and brought to RTB status.
  • Successfully grew the operational Pflugerville solar project (TX) from 60MW to 150 MW through acquisition of 1,000+ acres.
  • Education: MSc, Organic Chemistry, Mithibai College (India)
Pandelis Vassilakakis

CIO

  • Founder and former CEO of “LEA Innovazione SRL”, where he successfully developed & transacted over 2 GW of solar capacity and engineered & built several hundred MW of solar and wind farms.
  • Successfully originated and developed 150 MW in Europe as VP of Business Development at Talesun Energy and over 1.2 GW worldwide during his time at Canadian Solar.
  • Education: Aeronautical Engineering (2001) and PhD (2002-2004), University of Napoli “Federico II” Politechnical School of Engineering (Italy)
Philip Herman

COO

  • 30+ years of experience in energy, engineering and construction across utility-independent and utility-owned energy services companies with approximately 2 GW of projects developed till RTB.
  • Co-founder of utility-scale PV development business unit (BU) & Founder of battery solutions BU for a global electronics manufacturer.
  • Former Member of Department of Energy, Electricity Advisory Committee; Served on the Energy Storage Sub-committee
  • Education: BSc, Mechanical Engineering, Washington University (St. Louis)
Radhika Mehta Kirpalani

VP, Corporate Development & Communications

  • Responsible for investor relations, M&A strategy and new business development in addition to managing company-wide marketing and communications.
  • Education: MSc. International Luxury Management, IFM Paris; BSc. Finance & Marketing, Rutgers Business School
Nita Mehta

Sr. Business Operations

  • Manages financial and administrative operations of the organization, liaising with partners, accounting firms and legal counsel.
  • 20+ years of cross-industry experience in scaling businesses.
  • Education: Bachelor of Commerce in Financial Accounting and Auditing; Bachelor of Law (General), Mumbai University (India)
Nabanita Banerjee

Sr. Manager, Development & Operations

  • Oversees the full development cycle of renewable projects up to RTB stage with 7+ years of industry experience handling timelines, budgets, risk assessments, and issue resolution.
  • Education: Certified Project Management (Cornell University), Bachelor of Commerce in Accounting (India)
Eric Katz Esq.

Pre-Development Manager

  • Responsible for sourcing greenfield lands for development and securing site control through the legal and pre-development processes.
  • Education: Bachelor of Political Science and Communication, Florida State University; Juris Doctorate (JD), Shephard Broad College of Law
Ronak Mistry

Development Engineer

  • Oversees pre-development and development phases of project lifecycle, while managing technical vendor relationships and analyzing transmission line capacity.
  • Education: MSc in Electrical Engineering with Major in Power Systems Engineering from Texas A&M University-Kingsville; B.Tech. in Electrical and Electronics Engineering from Jawaharlal Nehru Technological University
Saiprakash Balam

Project Coordinator

  • Coordinates across the development team and manages vendor relationships to maintain project efficiency.
  • Education: MBA in Food and Agribusiness Management, Imperial School of Agribusiness; BSc Agriculture from Dr.BSKKV