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TIME Magazine's list of 100 Most Influential People of 2024 features a diverse set of Indians making waves in different fields. This prestigious annual compilation recognizes people worldwide for their significant impact on society. One name that stood out on the list was Jigar Shah, director of the U.S. Department of Energy's Loan Programs Office.
Some facts about Jigar Shah
- Jigar Shah is director of the U.S. Department of Energy's Loan Programs Office. He has over 25 years of expertise in the field of clean energy and is also an expert in the field of project financing, clean technology and entrepreneurship.
- Mr. Shah attended Sterling High School and graduated from the University of Illinois in 1996 with a Bachelor of Science degree and mechanical engineering. He later attended the University of Maryland – Robert H. Smith School of Business, where he received his MBA in Finance. , Strategy and Entrepreneurship in 2001.
- Before his time at the Department of Energy, he made significant progress in the clean energy sector. He was president of Generate Capital, which he also co-founded. He also wrote the book Creating Climate Wealth: Unlocking the Impact Economy.
- Mr. Shah was also the founder and CEO of SunEdison in Maryland in 2003. The company introduced the solar as a service model, transforming the solar industry. After his success at SunEdison, Mr. Shah ventured into other successful ventures such as Generate Capital.
- He currently oversees more than “$200 billion in government lending” aimed at bringing energy innovation to market, leading one of the largest economic development programs in the world.