Veteran finance leader joins to scale Exowatt’s financial operations and unlock the infrastructure investment needed to deliver clean, round-the-clock power where AI demand is growing fastest.
MIAMI, FL — June 9, 2026 — Exowatt, a clean energy company built for the AI era, has appointed Suchet Singh as Chief Financial Officer. Singh, a finance executive with more than two decades of leadership experience spanning renewable energy, technology, healthcare, and private equity, joins to support Exowatt’s mission of making sustainable, renewable energy continuously available and economically accessible — and to scale the company’s work delivering dispatchable, firm clean power to the data centers straining the U.S. grid.
“We’re building Exowatt to meet the country’s power needs at the speed this moment demands, and Suchet brings exactly the financial discipline and ambition that requires,” said Hannan Happi, CEO and CoFounder of Exowatt. “His leadership will be central to turning that opportunity into deployed capacity.”
The rapid buildout of AI infrastructure is pushing the legacy grid past its limits. Goldman Sachs Research projects that U.S. data center power demand will more than double, from 31 GW in 2025 to 66 GW by 2027 — with data centers reaching an estimated 8.5% of total U.S. peak summer power demand. Energy has become the critical bottleneck in the digital economy, with individual facilities now consuming as much power as entire cities.
For Singh, who has built his career at the intersection of finance, strategy, and operations, the defining constraint is no longer financial; it is physical.
“The challenge we face isn’t capital — it’s the physical limits, the bureaucratic permitting, and the grid interconnection queues that can take three to five years,” Singh said. “That is precisely why I joined Exowatt: to help finance a way around grid congestion entirely.”
Exowatt builds modular, dispatchable solar power systems. Its proprietary P3 captures solar energy, stores it as heat in a long-duration thermal battery, and converts it to electricity on demand, delivering reliable power day and night. Through its ExoRise platform, the company packages land, power, and the P3 into turnkey projects for hyperscale data centers — offering an alternative to the multi-year grid interconnection timelines that hold back conventional development.
As CFO, Singh will oversee Exowatt’s financial strategy, capital allocation, investor relations, and financial operations — and drive the growth initiatives and long-term value creation behind the company’s expanding deployments for commercial and industrial customers. His remit includes unlocking large-scale infrastructure investment and strengthening Exowatt’s domestic manufacturing pipeline to meet urgent demand.
Singh joins Exowatt from Terra Energy, where as CFO he led financial strategy and business planning. Earlier, he was Chief Financial Officer of Verily Health Platforms at Alphabet, supporting Google’s life sciences and healthcare businesses, and Vice President of Corporate Financial Planning & Analysis at Amazon, where he led enterprise-wide planning and headcount strategy for a global workforce of more than two million.
He has also held senior finance leadership roles at ChenMed and the Hospital for Special Surgery, spent nearly a decade at Ernst & Young as a Senior Manager in mergers, acquisitions, and strategy consulting, and began his career at GE in progressively senior roles across audit, finance, acquisitions, and operational excellence. He holds an MBA from Northwestern University’s Kellogg School of Management.
“My focus is to scale our financial operations, unlock the infrastructure investment this moment requires, and strengthen our domestic manufacturing pipeline,” Singh said. “We’re not merely building an energy company; we’re building the foundation of the next industrial era.”
The appointment comes as investors and infrastructure operators increasingly focus on distributed energy systems as a way to address power-availability constraints, particularly in regions experiencing rapid data center development. Providers of on-site generation and dispatchable clean power are positioning themselves as alternatives to traditional utility expansion, offering capacity that improves reliability and reduces exposure to grid congestion and interconnection delays.
About Exowatt
Exowatt is purpose-built to power AI, delivering dedicated, renewable energy to the engines of modern intelligence. Founded in 2023 by Hannan Happi and Atomic CEO Jack Abraham, Exowatt's mission is to make sustainable, clean energy always available and almost free. Exowatt is backed by a16z, Atomic, Felicis, Overmatch Ventures, and Sam Altman and is headquartered in Miami, Florida.
For more information, visit www.exowatt.com.
