# Sujay Malve

> Sujay Malve is the Singapore-based co-founder and CEO of Canopy Power, founded in 2016 to deliver renewable microgrids to remote businesses and communities. An engineer educated at Purdue and Kellogg, he previously worked in US wind energy, Middle East energy consulting and solar business development at REC. His company integrates solar, batteries, controls and financing for customers including island resorts, and has expanded into floating solar projects in the Maldives and Australia.

- **Role:** Co-founder and CEO at Canopy Power
- **Organizations:** Canopy Power, REC Group, Booz & Company, Unreasonable Group
- **Education:** Master’s in Industrial Engineering, Purdue University, MBA, Northwestern University - Kellogg School of Management
- **Known for:** Co-founded Canopy Power in 2016 and leads it as CEO., Canopy’s first Misool installation supplied a reported 55% of the resort’s electricity needs after completion in 2018., Unreasonable Fellow; participated in two programmes including Unreasonable Impact World Forum 2021.

## Career timeline

- **—** — Spent six years in wind-energy companies in the US Midwest in supply chain and programme management before moving into consulting.
- **2010** — Joined Booz & Company in Dubai as an associate after his MBA.
- **2012** — Joined REC Group, initially opening its Middle East office in Dubai, then moving to Singapore.
- **2016** — Co-founded Canopy Power with Tim Walsh.
- **2018** — Canopy completed the solar-and-storage hybrid installation at Misool in Raja Ampat.
- **2021** — Participated in Unreasonable Impact World Forum; appeared on the New Ventures podcast.
- **2025** — Canopy announced renewable systems at Soneva Jani and Soneva Fushi in the Maldives.
- **2026** — Canopy announced Soneva Secret floating solar deployment and marked its tenth anniversary.

## Achievements

- Co-founded Canopy Power in 2016 and leads it as CEO.
- Canopy’s first Misool installation supplied a reported 55% of the resort’s electricity needs after completion in 2018.
- Unreasonable Fellow; participated in two programmes including Unreasonable Impact World Forum 2021.
- Kellogg Dean’s List and co-founder of the Kellogg Environmental Leadership Club, as listed on his public LinkedIn profile.
- Led Canopy as developer and integrator for the Soneva Secret floating solar project, announced with 2 MWp of solar and 3 MWh of battery storage.

## Latest updates

- **2026-01** — Canopy announced the Soneva Secret installation in the Maldives: 2 MWp floating solar and 3 MWh battery storage, with up to 80% renewable energy penetration reported.
- **2026-09** — Canopy’s public company posts listed Malve as a speaker at Floating Solar Asia in Singapore on September 24, discussing integrated floating solar, storage and microgrids.

## Links

- Website: https://www.canopypower.com/
- LinkedIn: https://www.linkedin.com/in/sujaymalve

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Profile page: https://yespress.io/sujay-malve
Published by YesPress — https://yespress.io
Last updated: 2026-10-15