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Artwork Solar Quarter May 2018(ADS_Artwork).pdf

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15-05-2018

10:55:02

www.solarquarter.com

Volume 08. l Issue 5

May 2018

www.mahindrasusten.com

CREATING A SUSTAINABLE FUTURE

Our focus on Quality, is evident in the MTBF of 107 days across our portfolio. Our well experienced team’s selflessness is testament to ensuring our customers get the right solution for their requirements for all things Solar. With a portfolio of over 2449MWp, projects at various stages of execution, we are one of the leading Solar Solutions company in India. With ‘Sustainability’ at our core, we are your partners in charging up the future.

2449 + MWp

671MWp

1804 MW

450 MW

Utility Scale Solar

International Portfolio

O&M Portfolio

MSAT100TM Solar Tracker

45 MWp

50,00,000 sq.ft

1200 + MW

456 + MW

Design Build

Solar Monitoring Portfolio

Wind Monitoring Portfolio

Distributed Solar


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Solar Quarter • May 2018 42


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Solar Quarter • May 2018 2


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Solar Quarter • May 2018 3


India’s Most Read Solar Energy Magazine

Index

To book your space in the upcoming issue, please contact: Vipul Gulati M: +91 9920917193  E: bd@firstviewgroup.com

Exclusive Interviews

Mr. Jason Chow Marketing Manager, APAC, Longi Solar

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News At Glance Mr. Vivek Jha Co-founder and Managing Director, Yellow Tropus Pvt. Ltd.

12

� Indian News ..................................................06

� We are the first indian company to be audited by solarbuyer U.S.A.....................32

� International News......................................08

� PIL is a leading manufacturer of professional solar mounting systems...32

Industry Insights

� A Path breaking Journey in Renewable Energy through last 4 years.....................36

� Investment Flows.........................................16 � Solar Power - Powering India..................24

infographics � Graphs..............................................................25

Product Feature � SAATVIK...........................................................19 Mr. Jigish N Doshi Director, Vishakha Renewables Pvt. Ltd.

14

� waaree...........................................................22 � insolation ............................................... 26 � Ginlong .......................................................27

Publishing: Vijay Kumar

Editor: Varun Gulati

� Suntech.........................................................29

company feature � Creating & Delivering Clean Energy, Cost-Effective Solar Power is our Top Priority.....................................................30

Circulation : Chandan Gupta subscribe@firstviewgroup.com

Editorial: Neha Barangali Sanjana Kamble publishing@firstviewgroup.com

Business Development: Vipul Gulati bd@firstviewgroup.com

Printing/Processing Vaibhav Enterprises

Office: FirstView Media Ventures Pvt. Ltd. 907, NMS Titanium, Plot No. 74, Sector 15, CBD Belapur, Navi Mumbai, Maharashtra, India. 400614. E: publishing@firstviewgroup.com W: www.firstviewgroup.com

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Solar Quarter • May 2018 4


3.7KW

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3.0KW

3.7KW

3.7KW

5.0KW

5.0KW

5.0KW

Solar Quarter • May 2018 5


Indian News

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CME GROUP STRENGTHEN ITS SOLAR PORTFOLIO BY WINNING 250 MW SOLAR POWER CAPACITY IN 1000 MW SOLAR TENDER � ACME Group wins 250 MW Solar power capacity in the bid issued by Maharashtra State Electricity Distribution Co Ltd (MSEDCL) ACME won 250 MW Solar PV capacity in the reverse auction held on 14.05.2018 invited by Maharashtra State Electricity Distribution Co Ltd (MSEDCL). Total capacity allotted under the reverse auction was 1000 MW. MSEDCL invited 1000 MW solar tender under Built Own and Operate model wherein successful developer can

� A major order is received under the Saubhagya scheme.

tremendous growth, increasing its installed capacity to over

The scope of these packages involves electrification

1 GW over the last ten years. The company has a footprint

works in urban and rural areas, augmentation of 33/11kV substations and replacement of conductors with aerial bunched cables. � An order secured from the Department of Disaster Management for the construction of underground power cable network on turnkey basis in the eastern region of India. � To build grid-connected rooftop solar plants in government buildings under the ‘Alo Shree’ scheme. � An order for supply, erection, testing and commissioning

portfolio with ~80% of its operating or committed projects with counterparties that have domestic debt ratings that are A or higher.

0 MW Solar PV Project of 5 NHPC Limited in Tamil Nadu successfully synchronized with grid

of 400kV double circuit transmission lines on a turnkey

50 MW Solar PV Project of NHPC Limited located in

basis in the southern region of India.

Theni/ Dindigul district of Tamil Nadu was successfully

set up solar project anywhere in India and supply power to MSEDCL under 25 year PPA. This selection process

across 23 states in India and has built a strong solar power

S

synchronized with the grid on 23.03.2018 in presence of the commissioning team consisting of senior officers from

kWh out of total tender capacity of 1000 MW. As per the

olar Energy: Guwahati becomes India’s first solar powered railway station

tender, the project has to be commissioned within 15

Guwahati now has India’s first railway station run by

The Solar project shall provide an annual generation of

months from PPA signing and would entail investment to

solar power. The project of installing solar panels was

105 Million Units with sale of entire power to TANGEDCO

the tune of approx. 250 Million USD.

commissioned last year in April 2017.

in accordance with the power purchase agreement. The

A continuous effort to innovate and offer most competitive

Economic Times reported that around 2352 solar modules

project was executed on EPC basis with a time frame of 9

solar tariff to people said Shri Manoj Kumar Upadhyay,

with a capacity of generating 700 kwp has been set up over

months. Domestically manufactured Solar PV modules are

Founder and Chairman of ACME Group

the roof of the Guwahati railway station. Solar panels have

used for the project.

concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of INR 2.72/

TANGEDCO and NHPC project officials. The Power Station has generated 6.87 MU upto 15.04.2018.

been installed at the roof-top solar power plant.

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ANADIAN SOLAR COMMISSIONS A 35MWP OPEN ACCESS SOLAR PROJECT IN INDIA Canadian Solar Inc., one of the world’s largest solar power companies, today announced that its 35 MWp commercial and industrial solar portfolio in the state of Karnataka, India reached commercial operation in March 2018. The 35 MWp project is located in Bagalkot District of Karnataka and is expected to generate approximately 54,000 MWh of clean solar power every year. This project provides clean electricity to off-takers from the education, healthcare, cement, and auto parts industries through 25year power purchase agreements, in line with the Open Access regulations of Karnataka. Concurrent with this milestone, Canadian Solar has completed its financing of INR1.0 billion for the C&I portfolio with Tata Cleantech Capital Limited.

S

olarpack wins new contract to develop 133 MWp in India

Solarpack’s second contract in countrySolarpack’s second contract in country Solarpack has been selected, via its subsidiary Ekialde Solar Pvt Ltd, to develop five solar photovoltaic plants with a

The solar-powered station is aimed at reducing carbonfootprint as well as cut down power costs drastically. Around 6.3 lakh kg carbon dioxide emissions have been cut off between April 12 last year to May 10 this year. The project cost is estimated to be Rs 6.7 crore, as per Indian Railways. The solar power plant will save Rs 67 lakh worth of electricity. With an average power generation capacity per day is 2048 KWh, the solar panels till date have generated a total of 7,96,669 KWH of electricity.

Targets 268 BU Power NTPC Generation for the Year 2018-19

NTPC, India’s largest power generating company is aiming at generating 268 billion units of electricity during the fiscal year 2018-19, under a Memorandum of Understanding signed between NTPC and Ministry of Power today in New Delhi Revenue from Operations is targeted at Rs 85,500 Crore. Parameters related to financial performance, improvement

Z

nshine adds India to its growing pan-planet photovoltaic footprint Chinese solar photovoltaic or PV panel manufacturer Znshine Solar has nailed a 300-MV module supply agreement with India renewable energy developer ACME

in operational efficiency, capital expenditure, projects monitoring, technology upgradation and HR Management are also part of the MOU for the year 2018-19. NTPC has total installed capacity of 53651 from its 21 coal based, 7 gas based, 11 solar PV, 1 hydro, 1 small hydro, 1 wind and 9 subsidiaries / joint venture power stations.

Cleantech Solutions Private Limited, responding to growing

NTPC is currently building an additional capacity of over

market demand in India.

21,000 MW at multiple locations across the country.

This is another bilateral agreement reached since the last year’s cooperation between Znshine Solar and several well-known Indian companies, said Li Qian, president of sales and marketing of the company.

Tamil Nadu calls EoIs for India’s 500 MW of solar projects The Tamil Nadu Energy Development Agency is seeking expressions of interest from companies and consortia

The five new solar parks in India, located in the towns

Power Surpasses 1 GW of Azure Operating Solar Capacity

of Afzalpur, Chincholi, Holenarsipura, Nanjangund and

Azure Power, one of India’s leading independent solar power

expressions of interest from companies and consortia

Yelandur, will enter operation in September 2019. They are

producers, announced that its portfolio has surpassed 1

willing to take part in a 500-MW solar project in the state.

expected to generate around 215 GWh a year, avoiding

GW of operating solar capacity, making it one of the largest

175,000 tons of atmospheric CO2 emissions. The project

solar power companies in the country. This milestone was

has a 25-year power-purchase agreement.

achieved with the company’s recent commissioning of a

Solarpack already has six solar photovoltaic plants in India,

50 MW project in Andhra Pradesh. The project has been

total power of 133 MWp in the Indian state of Karnataka.

generating a total of 104 MWp.

P

ower Transmission & Distribution Business of L&T Construction Wins Orders Valued 2,440 Crores. The Power Transmission & Distribution Business of L&T Construction has bagged EPC orders worth 2,440 Crores which include:

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setup in Ananthapuramu Solar Park across approximately 250 acres. Azure Power will supply power for 25 years to

willing to take part in a 500-MW solar project in the state. he Tamil Nadu Energy Development Agency is seeking

The deadline for submission in June 7. Successful candidates will be required to plan, finance, develop, execute, operate and maintain the solar parks. With this EoI invitation, TEDA aims to prequalify bidders who will later receive request for proposal documents.

Solar Energy Corporation of India, a Government of India

The photovoltaic capacity will be installed at one or

enterprise and a company with a AA+ domestic debt rating

several locations across the state. TEDA has been granted

by ICRA, a Moody’s company. The levelized tariff is INR

government approval for a solar park of at least 50 MW and

4.79 per kWh, which includes Viability Gap Funding.

up to 500 MW.The photovoltaic capacity will be installed at

Azure Power Solar Plant Founded by Inderpreet Wadhwa

one or several locations across the state. TEDA has been

in 2008, Azure Power started its journey by developing a

granted government approval for a solar park of at least 50

2 MW plant in Awan, Punjab and since then has witnessed

MW and up to 500 MW.

Solar Quarter • May 2018 6


Eco-Conscious design

Fully Customizable

Very Reliable

Easy to Maintain

WAAREE ENERGIES LIMITED 602, Western Edge-I, Off. Western Express Highway, Borivali (E), Mumbai - 400066, Maharashtra, India

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Solar Quarter • May 2018 7


International News

G

oodWe 20 kW SDT Series Brings Power Density to Unprecedented Levels

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WUXI, Chiny, 30 maja 2018 r. / PRNewswire / - Wuxi Suntech

Alesia Communications, the expert renewable energy PR

Power Co., Ltd. (hereinafter Suntech) announced today that

agency, announced today its new partnership with the

it has signed a contract for the supply of modules in Egypt

SolarCoin Foundation. Alesia Communications enters

with Enerray SpA

the SolarCoin ecosystem as an official affiliate to provide

Enerray is a leading solar energy company involved in the

large-scale solar asset owners with the support they need

design, construction and management of solar systems on

to understand and adopt the SolarCoin Intiative.

untech and Enerray sign a contract for the supply of modules in Egypt

a municipal and industrial scale. The company’s operations include Europe, the Middle East, certain regions in Africa, Latin America and Southeast Asia. - Enerray is happy to work with Suntech. Already in the past, at the beginning of the development of the solar energy market in Italy, our cooperation was very successful. Each module used in the construction of a power plant is carefully selected by us on the market, and the use of partnerships with highquality suppliers, including Suntech, and the search for

lesia joins the SolarCoin Affiliate Network to help increase Solar IPPs uptake

SolarCoin is a blockchain digital asset that works like airmiles for solar electricity generation. SolarCoin offers a new incentive for solar power generation on a global scale, independently and additionally to existing government subsidies. Each SolarCoin in circulation represents 1 Mwh of solar electricity generation. SolarCoins are claimed by individuals living in homes with solar panels or commercial and utility-scale solar PV producers.

GoodWe is rolling out its new compact 20 kW SDT series

the best balance between product quality, manufacturer

“Alesia is proud to become a partner of the SolarCoin

inverter for both three-phase households and commercial

reliability and cost allows for sustainable development.

Foundation, and to be able to offer support to solar

applications with high power density, which includes two

Enerray fulfills its role as a developer, sponsor, EPC and O

power producers interested in the SolarCoin Initiative.

MPP trackers and a wide input voltage range to ensure

& M contractor in Benban. In this way, we can guarantee

design flexibility and compatibility with high-output PV

We are excited to contribute to this visionary project,

sustainable development throughout the region. We see

panels.

and help build a disruptive, blockchain-powered solar

great potential here and that is why we invest so much

The new 20 kW SDT series allows 130% DC oversizing

economy. There is no telling how far this project can

- he commentedAndrea Venezia , chief executive director

to fully maximize capacity. In addition, with 110% AC

of Enerray SpA Projekt, is the first official cooperation

go”, said Jonathan Collings, Managing Partner at Alesia

overload and a start-up voltage of 180 V, it guarantees an

between Enerray and Suntech. The power plant is located

earlier generation of power and a longer working time for maximum energy harvest. Thanks to its smart fan cooling technology design, the inverter runs full load and reliably cool in -25 – 60 °C temperatures. As residential rooftop PV projects continue to expand toward larger systems up to 20 kW, three-phase string inverters are gaining an increasing market share in both household and commercial projects. The use of singlephase inverters in a three-phase environment might cause faults due to unsymmetrical grid issues. While it is

in Aswan, Egypt. At the end of the third quarter, modules with the total value of STP330-24 / vfw (1500 V) will be delivered for the needs of the facility.

E

NGIE strengthens its position in airport services with the acquisition of a Swiss company ENGIE Switzerland acquires Priora FM SA from Priora

Communications.

A

lsoEnergy Partners with Survey Digital for Sales, Installations, and Support in EMEA Region For AlsoEnergy, the top selling independent monitoring provider for commercial PV in North America, this partnership is an opportunity to extend international

technically possible to install both single and three phase

Group, further expanding its business for airports.

coverage for sales and support.

inverters if you own a three-phase property, many network

Founded in 1970, Priora FM SA is based in Geneva, handles

AlsoEnergy, a leading provider of monitoring and SCADA

operators will not allow an imbalance across the phases.

the management of buildings, infrastructures and performs

systems for solar PV, is announcing a partnership with

all facility management tasks for its clients. Main Priora

Survey Digital, a company specializing in sales, installation

customer is the airport of Geneva and the company also

& commissioning, and maintenance for solar inverters.

provide services for the airport of Zurich.

Survey Digital has been designated as a certified sales

A

ENGIE expects a growing need for FM services, and

agent and service provider for AlsoEnergy in Europe, the

especially in airports. Airports offer great potential with

Middle East, and Africa (EMEA).

passengers’ volumes to double by 2036 (source : IATA

For AlsoEnergy, the top selling independent monitoring

High voltage switchgear to support Saudi Arabia’s first

2017) and the associated expansion of the infrastructures.

integrated solar and natural gas power plant

provider for commercial PV in North America, this

In 2017, ENGIE cumulated a turnover of 300 Million euros

partnership is an opportunity to extend international

ABB has won an order to supply Gas Insulated Switchgear (GIS)

with more than 40 airports in the world such as Changi

which will be installed at a substation that will transmit power

in Singapore, Boston-Logan in the USA, Rome-Fiumicino

coverage for sales and support. AlsoEnergy has expanded

from Green Duba, the first integrated solar combined cycle

in Italy, Paris-Charles de Gaulle and Paris Orly in France,

(ISCC) power plant in Saudi Arabia. Located in the country’s

Amsterdam Schipol in the Netherlands, Brussels-Zaventem

Therefore, the only solution is either to install three single phase inverters for each phase or one three phase inverter that will work across three phases.

BB to Support Integration of Solar Energy in Saudi Arabia

north-west, along the Red Sea coast, when operational in 2018, the energy generated from the plant will be equivalent to the annual power consumption of approximately 600,000 Saudi Arabian households. The order, worth around $26 million was booked in the fourth quarter of 2015. The Green Duba power plant will deploy an innovative solution that integrates solar energy and combines with natural gas to produce up to 550 megawatts (MW) of electricity, of which 50 MW will be from solar. The adjoining

in Belgium or Montreal Trudeau in Canada.

B

id Winners of China’s Top Runner Program Have Been Announced, Mono-Si Products Account for More than 60% The bidding for China’s 2017 Application Top Runner

international offerings over the past several years and the Survey Digital partnership will enable further market penetration in the EMEA region, providing localized sales and services for the AlsoEnergy product line. Survey Digital will also assume frontline support service for the existing AlsoEnergy install base in the EMEA region.

B

ungala Solar One: EGP switches on the Australian sun

In Australia, Enel Green Power’s Bungala Solar One plant

substation will be constructed by SSEM-Initec Energia

Program (3rd phase) has come to an end. According to the

Consortium for the country’s leading power utility, National

analysis of EnergyTrend, a division of TrendForce, mono-Si

Grid, Saudi Arabia. ABB will design, supply and commission

products take considerable share in all the projects, while

a 420-kilovolt (kV) Gas Insulated Switchgear (GIS) for this

the share of bifacial products also exceeds 50%. The bid

substation, providing a compact solution with increased

winning projects are expected to lead the technological

With 18 days earlier than scheduled, the photovoltaic solar

reliability and safety, while minimizing environmental

development of solar PV industry and to drive the market

plant in Australia has started to contribute its energy to the

demand.

growth of renewables in the country.

impact.

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has made its first synchronization. With its first kWh put into the distribution grid, our solar plant is switched on. It will enter into operation definitively by the end of 2018.

Solar Quarter • May 2018 8


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Solar Quarter • May 2018 9


In Conversation “LONGi has achieved a good balance between high power and high efficiency, focusing and taking the leads in both areas” How different is Indian PV module market from the International market? Mr. Jason Chow

India plans to install 100GW of solar energy by 2022 in

Marketing Manager,

accordance with the JNNSM. Therefore, the efficiency of

APAC, Longi Solar

solar modules is vital to the increase of power generation. This would be a great opportunity for LONGi to promote its mono bifacial PERC modules.

Longi is a global leader in the solar industry. Could you please tell us about your current business presence in India? With the support from advanced R&D and continuous funding, LONGi Solar is leading the innovation of mono PERC cell efficiency. In 2017, LONGi Solar witnessed a total

Please could you shed some light on your plans for India over the next 12 months. module of LONGi Solar, it was 6.5GW in 2017, and LONGi Solar is to expand its total capacity to 12GW in 2018. In terms of marketing and sales, LONGi Solar intends to expand its international market to a larger scale in 2018. To satisfy the demand of the booming solar market, LONGi

worldwide shipment of mono-crystalline modules, No.1 in

Solar establishes factories and sales offices worldwide,

China’s domestic shipment of modules, and also No.1 in the

e.g., module factory with an output capacity of 500MW/

with the continuous introduction of LONGi’s high-quality mono-crystalline modules to the market and business partners, the product value concept - ‘high efficiency, high reliability and high yield’ has also been conveyed.

Tell us more about the latest innovations in your product and solution offerings for the Indian market. Bifacial PERC is the latest technology of LONGi Solar. Bifacial PERC module will be the most competitive bifacial product due to the following reasons: � LONGi Solar Bifacial PERC Hi-MO2 cell and module bifaciality >75%

Year in Yinchuan, module factory with an output capacity of 500MW/Year in Xi’an, module factory with an output capacity of 2GW/Year in Taizhou, module factory with an output capacity of 1GW/Year in Malaysia, and a module factory with an output capacity of 1GW/Year in India is

areas. As a driver and pioneer for high-efficiency and high-quality products, our PERC modules bring customers higher value and return on investment, generate more clean electricity and effectively advance grid parity and the sustainable development of clean energy worldwide.

In 2017, LONGi Solar witnessed a total shipment of 4.5GW approximately, which ranked No.1 in worldwide shipment of mono-crystalline modules, No.1 in China’s domestic shipment

is in Shanghai, while global branch offices are located in

of modules, and also

Tokyo, Frankfurt, and California, etc.

What have been some of the technology new trends in the module industry and how have you geared up for the same?

No.1 in the shipment of modules in the household PV market.

In April 12th, LONGi Solar announced that its 120-cell halfcut monocrystalline PERC module has exceeded 360W, as

� Double glass lamination, 30 year power degradation

certified by TÜV-SÜD. This achieves a new world record for the highest power 120-cell half-cut monocrystalline

� Front side efficiency equivalent to conventional PERC

PERC module, adding to LONGi’s world record for 60-cell

� Manufacturing cost comparable to conventional PERC

monocrystalline PERC module for power and conversion

� Bifacial light harvesting, 8%-25% power gain from rear

and high efficiency, focusing and taking the leads in both

under construction. The overseas business headquarters

� Significant increase on energy yield warranty

LONGi has achieved a good balance between high power

In terms of the production capacity of mono-crystalline

shipment of 4.5GW approximately, which ranked No.1 in

shipment of modules in the household PV market. Along

What differentiates your company’s offerings from your peers?

efficiency.

In April 12th, LONGi Solar announced that its 120-cell half-cut

Dr. Jun Lv, Vice President of LONGi Solar, explained, “LONGi

monocrystalline PERC

� Symmetric design to reduce mechanical stress

Solar’s 120-cell half-cut monocrystalline PERC module

module has exceeded

� Based on mature conventional P-PERC technology

applies our leading PERC technology. Average cell efficiency

side

� Mass production cell efficiency comparable to N-PERT � P type wafer is cheaper than N type wafer � Production line capex lower than N-PERT

reached 22%; degradation in the first year is less than 2%, and stabilizing at less than 0.55% per year. PERC has been proven to increase power generation performance in lowlight conditions and has excellent resistance to hot spots.”

� Cell manufacturing cost lower than N-PERT � Module cost is ~$0.06/W lower than N-PERT

What exciting opportunities do you see in the Indian and global markets? India is the next booming market for solar. Chinese PV manufacturers, including LONGi, are keen to capture this precious opportunity to enter the Indian market, and also contribute to the new energy sector of India. Despite of the proposed anti-dumping policy in India, LONGi has already

Quality, Costs and Performance are key concern areas for Indian project developers. How would you like to address these issues for your offerings in India? In the last couple of years, the mono-crystalline solar panels have gained much affinity of the developers as they

360W, as certified by TÜV-SÜD. This achieves a new world record for the highest power 120-cell halfcut monocrystalline PERC module, adding to LONGi’s world

are more efficient than the customary polycrystalline ones.

record for 60-cell

The Ministry of New and Renewable Energy (MNRE) has

monocrystalline PERC

made a progress in developing the India market, i.e.,

mull to install 100GW of electricity generation through

launch of branch office and cell and module plants in India.

solar energy by 2022, and thus the efficiency in power

module for power and

Furthermore, LONGi has been making massive marketing

generation is of immense importance and is one of the

effort in India’s solar market in order to showcase the

major reason that the mono-crystalline solar panels are

conversion efficiency.

advantages of mono-crystalline modules.

considered more in recent times.

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Solar Quarter • May 2018 10


Solar Pump Controller 100% Suitable for AC (Induction) +DC (PMSM) Motor-Pump More than 97% Efficient In-built MPPT Optimized Frequency Control IP54 Protection Housing VERY STRONG PROTECTION Dry run / Short Circuit / Open Circuit / Reverse Polarity / Maximum Current for Motor/ Low Stop Frequency

With

Remote Monitoring Unit

Service Pump Remotely at Zero Cost

Over 5000 Installed

Gautam Solar Pvt. Ltd. Mfg 1 : Plot-114 & 115, Sec-6A, SIDCUL, Haridwar, UK Mfg 2 : Plot 67-68, Sec-8A, SIDCUL, Haridwar, UK Mfg 3 : Plot 69-70, Sec-8A, SIDCUL, Haridwar, UK Mfg 4 : A-2, Vardhaman Indl. Area, Haridwar, UK

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20+ Year Solar Experience

9310341987 9582795652

info@gautamsolar.com Solar Quarter • May 2018 11


In Conversation “Yellow Tropus, are a design and engineering company focussed and specialised in the development of Floating Solar PV (FSPV) power plants”

Mr. Vivek Jha Co-founder and Managing Director, Yellow Tropus Pvt. Ltd.

Let’s start with the recent developments at your organisation in last one year. We, Yellow Tropus, are a design and engineering company relationship between aggressive bidding and creation of

Solar PV (FSPV) power plants. Our work in the sector

As a developer, what key challenges do you face today?

addresses the paradox of ‘scarcity amidst plenty’ with

Our current role in the sector is that of a Technology

the industry, are primarily governed by the motivations

respect to high solar PV electricity penetration in India.

provider. Our focus has been on continuous technological

of the developer. A developer sighting short gains may

Our technologies enable us to establish power plants in

innovation, through which we have been able to develop

compromise on quality aspects, while, a developer with

a variety of abundant yet under-utilised settings, such as

solution(s) that are cost effective, apart from being

intentions of creating a sustainable tomorrow, which is the

abandoned mining sites (aimed at rejuvenation), lakes

modular, easy to assemble while requiring low operation

actual genesis of this industry, would aim to create quality

and ponds available in urban and rural settings (aimed

and maintenance. We believe, that our technology imbibes

assets.

at conservation), water reservoirs (aimed at evaporation

the very concepts that lie at the heart of solutions framed

mitigation), industries with large water requirements such

within the settings of water-energy nexus.

as thermal power plants (also aimed at water conservation)

In India, taking into consideration the equitably distributed

etc.

water bodies across the country, a total surface area of

These floating power plant(s), demonstrate a large range

approximately 43,000 sq.km is available yet underutilised.

focussed and specialised in the development of Floating

of co-benefits and on an average produce higher energy yields as compared to their contemporaries on land. Yellow Tropus has designed, developed and patented three

Considering only 20% of this available area, a capacity of approximately 850 Giga Watt can be added. This is almost eight times the ambition of India’s current solar mission.

specific technologies, which we currently manufacture

Given this context that illustrates the potential of floating

- [a] FSPV power plant equipped with dual-axis tracking

solar in India, juxtaposed with the aggressive nature of

(DAT) mechanism; [b] Stingray Technology - FSPV power plant with a fixed tilt with an aim to minimise losses due to evaporation; [c] Seahorse Technology - FSPV power plant with a fixed tilt with an aim to maximise cost-effectiveness.

bidding in the solar industry focussed on lowest tariffs, our largest concerns are related to proliferation of sub-standard technologies. We strongly believe that if due consideration is not given to quality then the sector might suffer in the long run. Requisite awareness generation with respect to

substandard assets, that might become a pain point for

Which states do you believe lead see maximum solar energy investments this year? In India, water bodies, unlike land suitable for large-scale expansion of solar, are equitably distributed across the country. This availability of under-utilized reservoirs that now can be used for development of FSPV power plants, provides a promising alternative for several states in India that have a paucity of land – southern states like Kerala or our North-eastern states. A complete avoidance of land acquisition in conjunction with the multiple co-benefits concomitant with FSPV power plants, therefore, offer an opportunity towards shifting the energy mix towards

These power plants inherit the benefits of land-based

requisite technical standards, therefore, is a challenge.

renewable energy.

solar power plants but overcome their limiting factors of

Our continuous engagement with the industry and policy

growth – requirement of large tracts of land. In addition

In terms of area available for installing FSPV power plants,

makers has continuously focussed on this aspect. Further,

to higher energy generation, the technology provides a

Uttar Pradesh is endowed with the largest quantum, in

taking a cue from examples available globally that have

huge range of co-benefits such as complete avoidance of

heralded a growth in solar around floating solar, requisite

terms of available surface area, of water bodies followed

land acquisition, ability to be combined with water based

support needs to be accorded by policymakers in India to

livelihoods, evaporation control (extremely beneficial for

this sector, which is still in its early stages of development.

large reservoirs), improvements in accompanying water

A strong foundation, therefore, needs to be established -

ecosystem, inter alia.

that derives its strength from sound technical knowledge.

Being involved since the inception of the floating solar industry, we appreciate the policy advances made by various governments across the globe. The Solar Energy Corporation of India (SECI) under the aegis of Ministry of New and Renewable Energy (MNRE) has recently launched a programme on FSPV power plants and intends

In economic terms, this implies that early adopters of this technology need to be rewarded. This would in turn

establishing FSPV power plants.

Yellow has been involved with the development of FSPV

appropriate safety factors and contingencies.

power plants in India since its very inception. Our focus has,

There is no simple answer to this, and a lot depends on

of standardised flotation devices poised to cater to the

solar, can easily add a capacity of 12,000 MW through

sustainable solutions by considering and accounting for

developed amongst the largest manufacturing bases

policy mandate, Yellow has made significant investments

by contemporary routes of ground-mounted and rooftop

enough manoeuvring space, would look at long-term and

in expanding manufacturing. In the past year, Yellow has

country in the coming three years. Keeping apace with this

Kerala, which may not be able to fulfil their solar ambitions

Anything else you would like to add for our readers.

promote an environment where developers, if provided

As the assets become older, will aggressive bidding today become a pain point for the industry a few years down the line?

to undertake a capacity addition of 10,000 MW in the

by Karnataka and Maharashtra. In addition, states like

the developer. Most of the large-scale projects in India are

since the beginning, been on continuous innovation. We, as a result, have been able to pioneer several technologies that are a global first - aimed at value creation. Our passion for the environment is reflected in all our designs, which cares for aquatic life and overall environment while delivering clean energy. We believe, that the power of the ‘Yellow’ sun over the

surging global demand of establishing FSPV power plants

operated on a BOOT model, and as a result are operated

globally. Another milestone achieved by Yellow has been

and maintained by the developer for a substantial portion

aquatic ‘Blue’ provides a paradigm shift in how we generate

the successful installation and commissioning of a Floating

of the asset’s life. If the developer utilizes substandard

electricity. The floating solar industry, however, is still in its

Power Plant at Panipat Refinery, Indian Oil Corporation

products for lowering capital costs then the asset in question

early stages of development and therefore needs requisite

Limited (IOCL).

might cost her/him more in the long run. As a result, the

support from the industry as well as the policymakers alike.

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Solar Quarter • May 2018 12


BRIGHTEN YOUR DAY

WITH THE SOLAR POWER

Positive Power Tolerance up to 5Wp 5 BB High Efficiency Cell 100% EL tested Pre & Post Lamination PID Resistant Excellent Energy Generation in Low light Member of

CONTACT US HEAD OFF. : G-25, City Centre, S.C.Road, Jaipur - 302001, Rajasthan, India 0141- 4019103, 4029103 DELHI OFF. : 502-A, Arunachal Building, Barakhamba Road, Connaught Place, New Delhi-110001 011- 43723333 WORKS : 25 KM Milestone, Jaipur-Delhi Bypass, Near Daulatpura Toll Tax, Vill - Bagwara, Jaipur-303805 9116122135 / 9116122136

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www.insolationenergy.in

info@insolationenergy.in

Solar Quarter • May 2018 13


In Conversation “Vishakha Renewables strives to deliver international quality EVA and Back sheet manufactured in India”

Mr. Jigish N Doshi Director, Vishakha Renewables Pvt. Ltd.

What have been the latest trends in demand for your products & services in India? Where do you see the next demand growth coming from? Solar Module Manufacturers in India demand reliable products at competitive prices. After sales service and handholding the Customer are of paramount importance for Vishakha Renewables. Demand growth for our Products would be coming from new customers and capacity expansion of existing customers. Vishakha Renewables is

Let’s begin with a glimpse of your company’s presence and offerings in India

also looking at the export markets for demand growth in the near future.

Vishakha Renewables is one of India’s fastest growing

Anything else you would like to add for our readers

solar solutions provider for encapsulating solar energy

Vishakha Renewables strives to deliver international

under the MAKE IN INDIA Initiative since January 2017. We have manufacturing Capacity of 1200MW for EVA and 3000 MW for Back sheet. We use State of the art European Manufacturing equipment to cater to Customers all over India providing UL Approved Fast Cure/Ultra Fast Cure EVA Encapsulant and PET/PVDF/PVF Back sheet. Vishakha Renewables is part of the Vishakha Group of Companies whose expertise scales across flexible packaging, injection, rotational and blow moulded products; drip irrigation and

quality EVA and Back sheet manufactured in India using

As a customer initiative, Vishakha Renewables envisages to Optimise Performance and achieve excellence. Keeping abreast with the latest technologies in the field , we

the best raw materials to ensure long term reliability and

pursue continuous

performance of Solar Modules at competitive prices. Our

initiatives in R&D

initiative would supplement growth of the Domestic Solar Manufacturing Industry under the MAKE IN INDIA Initiative. We urge the domestic Solar Module Manufacturers to promote use of domestic products for mutual growth and

and New Product developments like POE for BIPV/Bifacial

synergy.

Solar Modules.

pipes; plastic agricultural,industrial,silage,pond.canal liner and films with a global customer base.

What have been some of the recent developments at your organisation As a customer initiative, Vishakha Renewables envisages to Optimise Performance and achieve excellence. Keeping abreast with the latest technologies in the field, we pursue continuous initiatives in R&D and New Product developments like POE for BIPV/Bifacial Solar Modules.

Tell us a bit about the recent technology advancements in your sector With the decreasing trend in solar module prices, all customers are working towards reducing the system cost from other components like, combiner boxes etc., ultimately developing 1500 V system voltage modules. Vishakha Renewables has also developed back sheets for 1500 V system voltage with very low water/moisture ingress. Considering the reliability of solar modules, Vishakha Renewables has focused on developing highly PID resistance in our EVA and had developed EVA which has more than 3X times PID resistance. POE (polyolefin elastomer)

is an alternate candidate

for EVA, which has inbuilt PID resistance property and expected to have better reliability & performance, since

Keeping in mind the Capacity expansion plans of various Solar Module

Considering the reliability of solar modules, Vishakha

Manufacturing Manufacturers in

Renewables

India including our

has focused on

existing Customers,

developing highly

The Company aims to double its

PID resistance in

Production Capacity

our EVA and had

for both EVA and

developed EVA which

Back sheet in the

has more than 3X

next fiscal. times PID resistance.

corrosive acetic acid which is formed in modules with EVA will not be formed in modules with POE encapsulants. We plan to have a POE Product soon.

What are your growth plans for the Indian market? What are the milestones you wish to achieve by the end of this fiscal? Keeping in mind the Capacity expansion plans of various Solar Module Manufacturing Manufacturers in India including our existing Customers, The Company aims to double its Production Capacity for both EVA and Back sheet in the next fiscal.

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Solar Quarter • May 2018 14


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Solar Quarter • May 2018 15


Industry Insights INVESTMENT FLOWS The Jurong Port in Singapore completed a SGD 30 million (USD 22.4 million) installation of solar panels on its warehouse rooftop in 2016, making it the then-largest port-based solar PV facility in the world. The facility has a peak capacity of 9.5 MW and is estimated to generate more than 12 MWh of solar energy per year, providing more than 60% of the port’s annual electricity needs. Global new investment in renewable power and fuels (not including hydropower projects larger than 50 megawatts (MW)) totalled USD 279.8 billion in 2017, as estimated by Bloomberg New Energy Finance (BNEF)i. This represents an increase of 2% compared to the previous year, even as the costs of wind and solar power technologies fell further. Investment in renewable power and fuels has exceeded USD 200 billion annually since 2010. (→ See Figure 1) Investment in hydropower projects larger than 50 MW was an estimated additional USD 45 billion in 2017.

“Global new investment in renewable power and fuels reached in 2017” These estimates do not include investment in renewable heating and cooling technologies, for which data are not collected comprehensively. The International Energy Agency. reports that global investment in solar thermal heating technologies increased steadily until 2013 but then fell each year through 2016 (latest data available). Investment in new renewable power capacity (including

FIGURE 1 : Global New Investment in Renewable Power and fuels in developed, emerging and developing countries, 2007-2017

all hydropower) was three times the level of investment in fossil fuel generating capacity and more than double the investment in fossil fuel and nuclear capacity combined. Investment in renewable energy continued to focus on solar power, particularly solar photovoltaics (PV), which increased its lead over wind power in 2017. Asset finance of utility-scalev projects, such as wind farms and solar parks, dominated investment at USD 216.1 billion worldwide. Small-scale solar PV installations (less than 1 MW) accounted for USD 49.4 billion, representing an increase of 15%.

“Developing countries extended their lead over developed countries in 2017, with of global investment in renewable energy.” Renewable energy investment in developed countries as a group fell 19% in 2017. Investment decreased in the two developed-country front-runners, the United States and Japan, as well as in the leading European countries, Germany and the United Kingdom. Among developing

Note: Figure does not include investment in hydropower projects larger than 50 MW. Investment totals have been rounded to nearest billion and are in current USD. Source: BNEF.

and emerging countries, renewable energy investment increased 20%, to USD 177 billion. China played a dominant role, investing USD 126.6

FIGURE 2 : Global New Investment in Renewable Power and fuels, by Country or Region, 2007-2017

billion,its highest figure ever. Substantial increases in developing countries were witnessed in Mexico, Egypt, the United Arab Emirates and Argentina.

INVESTMENT BY ECONOMY Developing and emerging economies overtook developed countries in renewable energy investment for the first time in 2015; they extended their lead in 2017, accounting for a record 63% of global investment in renewable energy, due largely to China. Developments in renewable energy investment varied by regioni, rising in China, Latin America (including Brazil) and the Middle East and Africa, and falling in Europe, the United States, Asia-Oceania (excluding China), Japan and India. (→ See Figure 2.)

“China accounted for a record of all financing in renewable energy”

Note: Data are in current USD and include government and corporate R&D. Source: BNEF.

Considering all financing of renewable energy (but

the United States (14%) and Asia-Oceania (excluding China

The top 10 national investors consisted of four developing or

excluding hydropower larger than 50 MW), China

and India; 11%). Smaller shares were seen in the Americas

emerging countries and six developed countries. In addition

accounted for a record 45% of the global investment total,

(excluding Brazil and the United States, 5%), India (4%), the

to China and the United States, top countries included Japan,

up from 35% in 2016. China was followed by Europe (15%),

Middle East and Africa (4%) and Brazil (2%).

India and Germany. The next five countries were Australia, the United Kingdom, Brazil, Mexico and Sweden.

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Solar Quarter • May 2018 16


Central Distributed Inverter Solution Higher yields Lower system Smart O&M

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Solar Quarter • May 2018 17


China’s investment in renewable power and fuels reached a

FIGURE 3 : Global New Investment in Renewable Energy by Technology in developed, emerging and developing Countries, 2017

record USD 126.6 billion in 2017, up 31% over 2016. Most of this total (USD 103.3 billion) was in asset finance, which increased 14% relative to 2016. In 2016, China invested roughly the same amount in solar and wind power; however, in 2017 the country experienced a boom in overall solar power investment, up 58% to USD 86.5 billion, whereas total investment in wind power declined by 6%. Utility-scale solar power arrays of more than 1 MW accounted for most of China’s solar power total, while the country’s investment in small-scale solar PV project development increased nearly five-fold. By comparison, China’s total investment in wind power was USD 36.1 billion; investment in onshore wind power was down 28%, while offshore wind power increased 180% to USD 10.8 billion. China also invested significant sums in large-scale hydropowerii, commissioning 7.3 gigawatts (GW) in 2017, a large portion of which was projects larger than 50 MW.3(→ See Hydropower section in Market and Industry chapter.) Investment in Europe totalled USD 40.9 billion in 2017, a significant drop (36%) from 2016. Asset finance accounted for 74% of the region’s investment, at USD 30.4 billion, of which USD 26.7 billion was invested in wind power and USD 2.8 billion was invested in solar power. Small-scale distributed capacity in Europe fell sharply in 2017, to USD 6.6 billion, due in part to a significant reduction (by more than half) in the United Kingdom. The United Kingdom – Europe’s largest national investor in renewable energy in 2016 – saw total investment fall 65% to USD 7.6 billion. This decline reflected an end of subsidies for onshore wind and utility-scale solar power and a substantial gap in time between auctions for offshore wind power projects. Germany took over as the largest European investor at USD 10.4 billion, despite a 35% reduction from 2016. Germany’s investment decline reflected investors’ uncertainty as the country shifts away from feed-in tariffs to auctions for all technologies. Although Europe’s two biggest markets saw reductions in 2017, investment increased in several other countries in the region, including Sweden (up 127% to USD 3.7 billion), the Netherlands (up 52% to USD 1.8 billion) and Greece (up 287% to USD 0.8 billion). The United States remained the largest individual investor among developed economies, with a total of USD 40.5 billion in 2017, a decrease of 6% compared to 2016. Utilityscale asset finance remained stable, at USD 29.3 billion, with wind power accounting for the majority (67%). Although small distributed capacity (rooftop and other solar power systems of less than 1 MW) also attracted significant sums, the total of USD 8.9 billion was down 12% from 2016, due in part to a restructuring of the market. Investment in US public markets fell again in 2017, to USD 1.0 billion, from a high of USD 8.9 billion in 2015. In Asia-Oceania (excluding China and India) investment fell 12% to USD 31.4 billion – the lowest amount since 2013, due largely to a decline in Japan. Japan’s investment continued to fall in 2017, down 28% from 2016 to USD 13.4 billion. Investment was hampered by uncertainties related to grid connection and to a shift in policy from a generous feed-in tariff (FIT) to tendering for projects larger than 2 MW. Investment in both solar and wind power declined in 2017, whereas investment in biomass increased 120%, due in part to a shift towards biomass on the part of some solar power developers as well as to a looming FIT reduction.

Note: Total values include estimates for undisclosed deals as well as estimates for small distributed capacity and corporate and government R&D. Source: BNEF.

Investment in India declined 20% compared to 2016, to

power (down 12% to USD 107 billion), in biomass/waste-

a total of USD 10.9 billion. Approximately USD 6.7 billion

to-energy (down 36% to USD 4.7 billion) and in geothermal

was invested in new solar power capacity (up 3%), and USD

power (down 34% to USD 1.6 billion). Investment in biofuels

4 billion was invested in wind power during 2017 (down

declined 3% to USD 2.0 billion.(→ See Figure 3.)

41%).

In 2016, emerging and developing economies maintained

In the Americas (beyond Brazil and the United States)

a narrow lead in solar power investment and fell behind

investment totalled USD 13.4 billion (up 124%). Investment

developed economies in wind power investment. In 2017,

in both Mexico and Argentina jumped roughly nine-fold,

however, due primarily to China, these countries accounted

to USD 6 billion and USD 1.8 billion, respectively. Other

for the bulk of solar power investment and recovered

countries in the region saw smaller increases. For example,

a small lead in wind power investment. Solar power

investment was up in Chile (up 55% to USD 1.5 billion),

investment declined 17% in developed countries (to USD

Peru (up 66% to USD 300 million) and Costa Rica (up 31%

45.4 billion), while it increased 41% in developing countries

to USD 300 million).

(to USD 115.4 billion). Investment in wind power declined

Brazil’s total investment was USD 6 billion, an increase of

during 2017 in developed countries (down 19% to USD

8% from 2016, but this was far below the peak total of USD 11.5 billion in 2008, when the global biofuels boom was

54.8 billion).

still in full swing. Most of Brazil’s 2017 investment was in

Large-scale hydropower projects over 50 MW in size

wind power, at USD 3.6 billion (down 18% from 2016), and

represented the third most important sector (after solar

in solar power, which rose 204% to USD 1 billion.

and wind power) for renewable energy investment in

Investment in the Middle East and Africa combined

2017. Translating hydropower capacity additions into asset

increased 11% in 2017, to USD 10.1 billion, with substantial increases in Egypt and the United Arab Emirates. Investment leapt nearly six-fold in Egypt, to USD 2.6 billion, and 29-fold in the United Arab Emirates, to USD 2.2 billion. In Jordan, investment rose 26% to a record USD 1.1 billion. At the same time, however, South Africa continued to experience a decline, with investment down to USD 102 million in

(down 10% to USD 600 million) and the Philippines (down 77% to USD 300 million). However, some countries saw noteworthy increases in investment, including Indonesia (up 67% to USD 1.0 billion) and Pakistan (up 42% to USD 700 million). The modest renewable energy investment figures in the region resulted largely from policy uncertainty, particularly in Indonesia, the Philippines, Thailand and Vietnam.

finance dollars per year is not straightforward because the average project takes four years to build. Although BNEF does not track detailed statistics for large-scale hydropower projects, it estimates that asset financing for large-scale hydropower projects reaching financial goahead in 2017 totalled around USD 45 billion, up 108% from 2016.

2017 from a high of USD 5.6 billion in 2012. Financing in Morocco also fell relative to 2016 (down 48% to USD 200 million).

The facility has a peak

i Regions presented in this chapter reflect those presented in UN Environment’s Global Trends in Renewable Energy Investment 2017 (Frankfurt: 2017), and differ from the

capacity of 9.5 MW

regional definitions across the rest of the GSR, which can be found at http://www.ren21.net/GSR-Regions.i

and is estimated to

ii The Chinese government estimates that hydropower facilities of all sizes completed in 2017 represent an investment of CNY 61.8 billion (USD 9.8 billion), from China

generate more than 12

National Energy Administration, ”National electric power industry statistics in 2017, 22 January 2018, http://www. nea.gov.cn/2018-01/22/c_136914154.htm (using Google Translate).ii

Other markets in the region with decreases included Thailand (down 72% to USD 700 million), Chinese Taipei

52.4 billion) and in developing countries (down 4% to USD

INVESTMENT BY TECHNOLOGY New investment in renewable energy in 2017 continued to be dominated by solar PV and wind power, accounting for roughly 57% and 38%, respectively. Solar power was the only technology to witness an increase in 2017, with new

MWh of solar energy per year, providing more than 60% of the port’s annual

investment up 18% relative to 2016, to USD 161 billion. Investment in all other technologies was down in 2017. The most substantial declines in dollar value were seen in wind

electricity needs.

Credits: REN21

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Solar Quarter • May 2018 18


Product Feature Saatvik has successfully delivered more than 75 MW solar modules in its first year of operation Introduction

Technology Specifications

Saatvik Green Energy is a new age solar technology

SGE Mono Series is assembled on the same platform as the

company, involved in the manufacturing of high quality

highest selling SGE Poly series, offering maximum reliability

solar modules. The current product portfolio includes solar

to its clients. It delivers a module level efficiency of as high

modules of all ranges starting from 40Wp up to 350Wp in

as 18.78%, has high resistance to PID, can withstand 2400

both 4BB and 5BB. Saatvik uses both poly-crystalline and

Pascal wind load and 5400 Pascal snow load. The current

mono-crystalline cells to assemble these solar modules,

range offering is from SGE 72M – 335Wp to 350Wp.

coupled with multiple rounds of testing during and after

Technology Advancements

the manufacturing process, ensuring the highest quality product for its esteemed customers. All module ranges have

� High module conversion efficiency.

been certified to highest global quality standards.

� Outstanding power performance even at low irradiance.

Saatvik has successfully delivered more than 75 MW solar

� High PID resistant.

modules in its first year of operation, which have been

� Easy to mount and ground.

successfully installed at various government buildings, government utilities, railway stations, hotels and universities. Apart from manufacturing, Saatvik has also forayed into Solar EPC services, making it an integrated solar company.

� IP67 junction box with extended cable lengths for easier installation. � Double stage EL tested. � Extended Mechanical load tested up-to 5400 pascals.

Featured Product:

� 25-year linear power performance warranty.

Product Introduction

� 10-years workmanship warranty.

Saatvik’s SGE 60M and SGE 72M Mono Series, has

� Also, available with black back sheet and black frame.

successfully completed testing for the entire range of IEC

Targeted Customer Segment

certifications, which gives Saatvik further competitive edge in the solar industry. Saatvik supports continuous adoption of new and advanced technology by the solution providers, and endeavors to provide them with the same for overall growth of the industry. Usage of Monocrystalline panels gives an additional advantage to the solution providers as they can install more capacity in limited space. Saatvik is able to achieve up to 18.78% module efficiency with

We are targeting solar developers and EPC companies to help them achieve highest yields on their installations. They will get additional advantage over the already existing range of SGE Solar PV modules. This product is most suited for large scale projects, as well as high electricity consuming industries, commercial spaces, with paucity of roofs, so that they can maximize their solar generation.

Monocrystalline modules.

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Solar Quarter • May 2018 19


吀栀攀 圀漀爀氀搀 䤀猀 唀渀昀漀氀搀椀渀最 䈀攀昀漀爀攀 唀猀⸀⸀⸀

䜀漀氀搀椀 䜀爀攀攀渀 匀漀氀愀爀 倀嘀 洀漀搀甀氀攀猀 愀瘀愀椀氀愀戀氀攀 椀渀㨀 䜀伀䰀䐀䤀 㘀  ☀ 㜀㈀ 猀攀爀椀攀猀 瀀漀氀礀 愀渀搀 洀漀渀漀 挀爀礀猀琀愀氀氀椀渀攀 㔀 戀甀猀戀愀爀 挀攀氀氀猀⸀

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Solar Quarter • May 2018 20


䔀砀瀀愀渀搀椀渀最 伀甀爀 䜀氀漀戀愀氀 刀攀愀挀栀⸀⸀⸀

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Solar Quarter • May 2018 21


Product Feature Merlin Modules: A sneak peek of its premier technology!

The next and the most important property of Merlin module is its reliability. The flexible module has been tested under various conditions, climates & orientations and in all the tests, they have been found to operate at a level much above the normal. One of the test was to test the flexibility of the Merlin grid and cell. For this, a module was made and bent as shown in Figure 3 (left).

Figure 1: A typical flexible solar module

Standard module

Standard module

EL image after the test

EL image after the test Merlin module

EL image before the test

Figure 5: Modules subjected to Transportation test (Source: Team Merlin, Waaree Energies) EL image before the test

Standard module

The conventional solar module (normally) comes in two standard offering i.e. 60 cell and 72 cell which has cell configuration of 10 x 6 cell & 12 x 6 cell. The size of these modules is (approximately) 1650 mm x 990 mm & 1960 mm x 990 mm respectively. The merlin modules on the

EL image before the test

Merlin module

The figures below compares the testing result of Merlin module to the primitive modules. Figure 4 shows the test result of 1500 Pa mechanical loading test subsequently followed by humidity freeze test. Figure 5 shows the test result of transportation test where modules were mounted on a transport vehicle for a specified distance. Figure 6 shows the test result of thermal cycling after 1,000 cycles. It was found that the Merlin module almost outperforms the standard module in almost all the standard tests depicting the rugged nature of Merlin modules.

Figure 4: Modules subjected to 1500 Pa load test and Humidity Freeze test (Source: Team Merlin, Waaree Energies)

Standard module

EL image before the test

(Source: Team Merlin, Waaree Energies)

Figure 2: Difference between Merlin (left) and conventional (right) solar cells

EL image after the test

EL image after the test Merlin module

Conventional solar cells have fingers and busbars which are used for current collection. The cells in Merlin module use patented manufacturing process & design (7 patents in US with 53 total patents pending worldwide) to encapsulate its cells. Known as the “grid” (as evident from Figure 2), the mesh type front grid has 20 busbars which are optimally designed to ensure maximum light falls on the solar cells. Overall the entire grid has around 1,200 current collection points which are way more than the normal solar cell. These busbars in the front grid are interconnected with each other. This enables that the current is collected efficiently even in case of micro crack or a crack in the solar cell. The rear grid in Merlin cell in addition to carrier collection, also ensures that the entire assembly is held together (without damaging the solar cell) when bent giving the module its flexible nature (to an extent). The grid uses almost half the silver while comparing it to the normal busbar cell. Additionally, the extension of front grid (circled in red in Figure 1) is used as an interconnect between the cells. Hence, utilizes maximum possible area in a module.

The Electro Luminance (EL) image and power output before and after the test was recorded Figure 3 (right). As expected, the module was found to be perfectly intact and there was almost no loss in power output even after extended testing.

Merlin module

Solar module has seen immense developments in power output, efficiency, interconnection, etc. in the recent years. However the heavy weight of solar panel primitively due to the glass and Aluminium frame (used in it) limited its use on many roofs. Replacing these materials was a tough as it challenged the reliability, ruggedness and aesthetic appeal of a PV module. This is when flexible (and frameless) modules came into picture. As the name suggest flexible modules are those which can (almost) be installed on any shape and/or size of mounting surface. These modules tend to fulfil almost all the customizable requirement. With the world adding almost more than 200 GW of solar PV modules in the next 5 years, it is estimated that the share of flexible modules in such capacity addition would be around 3 to 5%. One reason that can be attributed to this is the widespread adaptation of PV modules and increased energy demand of consumer. This quantifies the usage of solar PV flexible modules for many customized applications (such as on car sheds/ports, transportations, remote mobile applications, residential roofs with special conditions). Merlin (Figure 1) is one of its kind flexible modules available in the market. While there has been a lot of buzz in the market, very less is actually known about the module. This blog hence aims to educate its readers on the technical aspects and advantages of using Merlin modules.

Figure 6: Modules subjected to Thermal Cycle test (Source: Team Merlin, Waaree Energies) EL image before the test

EL image after the test

Standard module

Figure 3: Flexibility test of Merlin module (TOP) and EL image of the module (bottom)

From 0 to 1000 cycles EL image before the test

EL image after the test

Merlin module

Waaree had commissioned one of its kind installations

From 0 to 1000 cycles

at BAPS Swaminarayan Mandir, Gujarat

Figure 7: Different possible sizes in Merlin module

where 36 kWp PV power plant was installed in record 12 hours. This is by far the largest installation of flexible solar panel at a single place. We had been awarded a special order of merit for this record installation.

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other hand could be made up with any number of cells depending on customer’s power requirement. The cells in this module can also be arranged according to the requirement and space availably of the end consumer i.e. say a module of 24 cells can be made by 4 x 6 cell or 6 x 4 cell or even in 12 x 2 cell configuration. Such customized panels are of use mainly in northern and western countries where (specifically 2 x 12 & 2 x 10) modules fit exactly into the size of their roof without compromising the roof’s purpose (to allow easy drifting of snow during winter).

Solar Quarter • May 2018 22


Figure 8: Various possible orientation of a rooftop plant (Source: Google images)

Figure 9: An example of peel and stick Merlin module

The Figure 8 below depicts (few of) the various configurations available for a typical PV plant. Installing such power plant requires a lot of steps such as levelling the rooftop ground, drilling, digging, piling, bolting, welding, etc. before the solar modules are actually installed. This process may take about 1~3 months of time and its equivalent man-hours & adequate capital before the power plant is up and running. Compared to such perplexing process, the installation of the entire Merlin modules hardly takes any time & capital. As evident from (Figure 9) below, the Merlin modules have a special tape which is already fixed on the backside of the module. At the site, the installer/ end consumer only has to peel the tape such that the module can be stuck on to the rooftop/ industrial sheds without any hassle and/or extra material (Visit here for more info: https:// youtu.be/-s7kDmb8ec8). If required, these modules can also be bolted, riveted, screwed over the rooftop. This technology enables the entire plant to be almost weightless and thus making the end consumer relaxed about the load bearing capacity of its roof. Waaree had commissioned one of its kind installations at BAPS Swaminarayan Mandir, Gujarat where 36 kWp PV power plant was installed in record 12 hours. This is by far the largest installation of flexible solar panel at a single place. We had been awarded a special order of merit for this record installation. Let us all pledge to make solar energy the primary source of energy in the near future.

the Merlin modules have a special tape Which is already fixed on the backside

mr. sunil rathi Director - Sales and Marketing, Waaree Energies Ltd.

of the module.

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Solar Quarter • May 2018 23


Industry Insights Solar Power - Powering India The life-sustaining powers of Sun have always mesmerised

and mini grids (currently used in states like UP) are shown

from the smart use of solar energy. . The investment in

Indians. Perhaps that’s why from the Vedic period itself,

to boost availability of power as well as strength of it to

renewables can help drive India’s future economic growth.

Indians have revered Sun as Surya, giving an absolute

energise household devices like fans, TVS and computers,

position in rituals and building places of worship. Sun

improving rural connectivity and access to Internet. Some

The prospect of rapid job creation, a key driver of policy in

is considered benevolent solar power. Currently 65%

of the private players who supply min-grids use telecom

of India’s energy mix constitutes coal, oil and gas. Coal

towers as the primary base load to supply excess power to

makes up the majority of this - around 55% of domestic

rural households.

power capacity - with gas providing nearly 10%. There is

A bigger beneficiary of such steady power would be

and knowledgeable workforce to realize significant growth

agriculture sector wherein water pumps play a major role.

in solar energy.

If it proves to be a solution, the monsoon-dependent

In a recent development the International Solar Alliance

a significant risk of lesser thermal capacity being installed in the coming years - because of both production and logistic constraints on indigenous coal, which is generally

farmers can heave a sigh of relief and improve their

of poor quality - and therefore also increased dependence

productivity besides abandoning their overdependence

on imported coal. India also imports around 80% of its oil;

on diesel. Yet, the government may well enhance (even

future energy security and cost is therefore a serious issue.

though there are many schemes with subsidies) the

India’s energy needs are rising fast, with growth in electricity

availability, cost and payback of such solar pumps to make

demand and other energy uses among the highest in the

them viable for farmers since further growth depends on

world. GOI’s substantial and sustained economic growth

these factors. Many more villages can have safer drinking

target of 8% per annum for the next 25 years is placing

water if pumping and treatment plants can be powered

enormous demands on its energy resources. Increasing

without any interruption in supplies. Even though more

urbanisation and the continuing rapid development of

modern membrane filtration system is available, power

economic prosperity means that consumption of power per

remains a critical factor.

capita in India is increasing at a rate which greatly outstrips

Better availability of lighting has improved productivity (by

supply. Population and economic growth, combined with

extending work hours or quality of the work itself), safety

accelerating urbanisation, will increase the number of

(more street lights) and health (by replacing the use of

people living in cities and towns from approximately 435

kerosene). Some studies say if the lighting can be extended

million in 2015 to 600 million by 2030. Urban populations

by 4-5 hours, it could enhance rural productivity and

consume more energy and – importantly in India’s case

therefore household incomes by nearly 30%. For example,

– significantly more electricity. To deliver this growth and

lower carbon dioxide emissions from lighting lead to

demand, it is estimated that India’s total demand for

better grades for schoolchildren, greater productivity for

energy will more than double by 2030, while electricity

small industries and better quality of food and services at

demand will almost triple.

restaurants and fruit shops. All of these are going to be the

Despite rapid strides in adding power capacity, India

To accelerate a greater adoption of solar power, the

Much of the population lacks access to clean and affordable

government must freeze policies and benefits accorded

energy. Estimates suggest that 80 million households, or

to the segment for some time. For example, the lack of

more than 300 million people, have limited or no access

clarity in policies wrt Import duty , Governments clear

to electricity.

stand on Safe guard duty are proving to be an impediment

it comes to powering rural areas and homes (accounting for 67% of the total population and 37% of the GDP) as well as providing vital electricity to rural entrepreneurs

to the plan and are discouraging new investors . Besides supportive policies to improve financing, the government must step in to support domestic manufacturing and skill the available workforce.

had we started the initiative much earlier. If we can tap

The proposed Rs 38,000 crore green energy corridors

solar energy in right earnest, nearly 300 million people in

must be completed as promised by 2019, including

rural India - who have no access to grid power – can get a

the construction of T&D infrastructure within states.

steady energy source, stop depending on kerosene, diesel

Importantly, as long as policies like kerosene subsidies

and traditional chulhas, saving precious government funds

remain, rural areas would have little incentive to switch to

going as subsidies.

renewable source.

Health and environmental benefits are added advantages.

India has set a target of 175 GW of renewable energy

According to a UN report, in developing countries, kerosene and fossil fuels for indoor lighting are responsible for 64% of deaths and 81% of disabilities among children below five. While kerosene and similar fuels account for 20% of global lighting expenses, their actual contribution is limited 0.1% of lighting. India must lead to drive a comprehensive solution to the climate change. In the past, it had declared a voluntary goal of reducing the green house emission (GHG) intensity of its GDP by 20% to 25%, from the 2005 level, by 2020 and went on further to pledge a reduction target of 33-35% by 2030 and to increase the share of renewables in installed capacity to up to 40% by the same year. The current government’s vision of ‘Electricity for all by 2019’ puts solar power on a higher pedestal, incentivising distributed solar power by allowing around 5000 projects in as many villages. The move is making steady inroads as people in rural areas find deploying decentralised solar power easy for multiple and varied applications. The flexibility given to the solar power generators is increasing the confidence as the commercially viable micro

w w w . s o l a r q u a r t e r . c o m

transition to solar energy. Studies indicate that India could have over a million jobs in solar energy and to achieve this employment potential, India needs to develop a skilled

(ISA) has formally kick started with 62 member-countries accepting the ‘Delhi Solar Agenda’.

It is looking at

increasing the share of solar power in their energy basket with an objective to alleviate climate change and providing clean, affordable electricity to the underprivileged. ISA is our country’s formal contribution which will drive the Global South to move to a low-carbon development path. It is also a positive development that India is all set to take the mantle for driving the energy transformation both domestically and worldwide with one of the world’s largest and most determined solar energy programmes in the world which would have higher impact on for our society at large in the coming years.

India’s energy needs are rising fast, with growth in electricity

single largest driver of India’s GDP in the years to come.

continues to be plagued by widespread energy poverty.

In fact, solar energy would have filled a big vacuum when

India, is among the strong macroeconomic benefits of the

in power generation by 2022, but developments after that date are mixed and uncertain. Policy makers have thus far overlooked the potential of renewable energy in

demand and other energy uses among the highest in the world. GOI’s substantial and sustained economic growth target of 8% per annum for the next 25 years is placing enormous demands on its energy resources.

heating, cooling and transport and require an integrated approach. Of the targeted power capacity of 175GW, solar energy is expected to contribute over 100GW yet it suffers the ignominy of being the most expensive, deterring purchasers from bidding. This scenario needs to change to attract more investments. High import duties coupled with safeguard duty on imported solar modules and a ban on letter of comfort by the Reserve Bank of India have taken sheen off the proposed investments. Despite the constraints, more commercially viable and efficient solar energy products are entering the market with financing options from banks and financial institutions. More solar companies are getting funding from VCs and other sources, confirming the economic viability of the Indian solar story. The amount of support received from such institutions as the US Export Bank, KfW, the Asia Development Bank (ADB) and the European Investment Bank (EIB) has reached USD 1 billion in recent years. As

mr. Gaurav Atha Promoter & Director, Atha Group

shown by China, India too can benefit tremendously

Solar Quarter • May 2018 24


Infographics

We build Quality We offer Quality www.sofarsolar.com

Advancing Inverter Technology to a New Level

King’s return

SOFAR

50-70KW Designed for commercial projects and utility projects

Smart Monitoring 7 Years Warranty Local Service

Just contact with us Tel: +91 99983 90936 Eamil: info@sofarsolar.com Office: No. 1108A, SAKAR 9, Ashram Road, Ahmedabad-380009, Gujarat, India

w w w . s o l a r q u a r t e r . c o m

Solar Quarter • May 2018 25


Product Feature We develop India’s best utility scale solar PV Module Insolation energy, a state of the art manufacturing

is done at each stage so that module performs well

facility specializing in high efficiency PV Module is

throughout its life span of 25 + years.

located in Jaipur. We develop India’s best utility scale solar PV Module. We strive to provide one of the best solutions for sustainable solar electric power. Our aim is to provide clean and green electricity at affordable price to one and all.

� Superior Module Efficiency as per International Benchmarks � Positive Power Sorting, 0 to +5 Watt. � PID Free Modules with long term reliability

Insolation Energy has been formed by the combined efforts of senior industrialists Mr. Manish Gupta and Mr. Vikas Jain having experience of more than 17 year in various sectors like Steel, Industrial Solutions, Real Estates, Health & Fitness and Independent Solar Power Producer business etc. Insolation Energy, an ISO 9001:2015 certified company has state-of-the-art fully automatic manufacturing facility 60MW per annum for solar PV Modules in the

� UV anti-glare Resistance and All Weather Load Resistance Glass. � Salt mist, Ammonia, Blowing sand and Hail resistant � Excellent Energy generation in weak light

Targeted/ Benefitted Customer Segment

range of 75Wp to 360Wp using poly & mono crystalline

Due to consistent quality & committed deliver schedules

cells. We have most modern production line with a

Insolation Energy has become one of the emerging key

robotic plant in a very hygienic and fully air- conditioned

players amongst Photovoltaic Modules across India &

environment enough care is taken to avoid manual

Focuses on to export to Nepal, Dubai, Africa, Japan &

handling of material as well as finished products.

many other countries

Insolation Energy Pvt. Ltd. has been offering both Multicrystalline & Mono-crystalline in various sizes from 75Wp to 360Wp. Made in India with highest grade raw materials from international suppliers. Our manufacturing facility

With the start of production in April 2017, the company has so far supplied 30 MW Solar modules. The company has so far supplied in both Government and Private

certified for ISO 9001: 2015 qualities. Some of our most

Projects with a single biggest order of 2 MW in Madhya

popular Modules

Pradesh. Due to high quality standards many leading

� Sapphire Series 72 Poly Crystalline

players have preferred us for their OEM requirements. We are also targeting rooftop project developers &

� Sapphire Series 60 Poly Crystalline In recognition of our products highest standards of quality we have been awarded with � Mission

Energy

Award

-

“Emerging

Module

EPC players for high efficiency 72 cells modules. The company has a extensive network of distributors & dealers to cater to the retail segment.

Manufacturer of the Year” in Solar Innovation &

at the fore front to upgrade the technology and

Excellence Award 2017 � India Solar Week Excellence Awards 2017 - “ Solar Module Company of the Year Utility Scale (Domestic

Insolation is always

Insolation Energy

provide new solutions.

Manufacturer) for Outstanding Achievements in Solar Energy Sector From First View Group

Technology Advancement

Pvt. Ltd. has been

We strive to provide

offering both

our customer with

Multi-crystalline &

product & services

Enhancing the existing technology is always under consideration. Insolation is always at the fore front to upgrade the technology and provide new solutions. We strive to provide our customer with product & services which exceed their expectations. We use timely preventive processes & Inline testing to drive the highest quality standards and to ship products that meet our quality goal. We invite most of the customers to witness the in line process quality and test facilities available at our facility before they start journey with us. Some of the salient features of our line are: � Fully automatic line with least manual intervention and continuous automatic process � Automatic Stringers with 2200 cells/ hr capacity � Pre & Post Inline EL Tester � Automatic Framing Machine for seamless framing � AAA class inline Sun Simulator

Product Introduction/ Technology Specifications Best quality raw material conforming to latest standards is procured for manufacturing of modules. Testing

w w w . s o l a r q u a r t e r . c o m

Mono-crystalline in various sizes from

which exceed their expectations. We use

75Wp to 360Wp. Made in India with highest grade raw materials

timely preventive processes & Inline

from international

testing to drive

suppliers. Our

the highest quality

manufacturing

standards and to ship

facility certified for ISO 9001: 2015 qualities.

products that meet our quality goal.

Solar Quarter • May 2018 26


Product Feature We also supply HV range of Inverters from 36KW – 60KW designed for Ground Mount Application Introduction

Latest Infineon IGBT Technology

Ginlong (Ningbo) Technologies Co. Ltd. is one of the

The fifth generation of German Infineon IGBT chip

Ginlong inverter uses a built-in DRM module to control

oldest inverter manufacturing company with the Brand

technology, it has the high performance and lower energy

whether the inverter output power is fed back to the grid.

Name “SOLIS” featuring world class State-of-the-art

consumption.

If the project has not yet obtained grid-connected licenses,

manufacturing facility at its headquarters in Zhejiang,

TI2806 DSP

China. With more than 600 employees, Started in 2003 as R&D Company by our founder Mr. Jimmy Wang in an UK University Complex ventured into a full-fledged company in 2005 with high quality BOM – a first of its kind for String Inverters Ginlong Technologies has grown to be a highly specialized

Optional DRM Module

the 4G inverter can generate electricity for you, without

The Ginlong 4G inverter adopts the new US TI2806 series DSP chip technology, which can improve the tracking

Auto Vol-Stabilizer

accuracy and efficiency of MPPT, thereby increasing the

In response to the problem of field voltage fluctuations

power generation and bringing more benefits to users.

causing inverter over-voltage faults, Ginlong proposed a new solution. The 4G series inverters can compensate

Super High Switch Efficiency 30 kHz

company focused on research, development, design and

With the increase of the switching frequency, the loss

manufacturing of very high quality small-scale PV inverters.

of the power inductor is greatly reduced. Therefore, the

Product Introduction We offer single phase inverter in the range from 1KW - 5KW and three phase inverter from 6k- 60K with IP65 rated as “dust tight” and protected against water projected from a nozzle Certification. We also supply HV range of Inverters from 36KW – 60KW designed for Ground Mount Application.

causing the meter to reverse the increase in electricity bills.

actively by sending inductive or capacitive reactive power to avoid frequent overvoltage and under voltage faults.

overall improvement in the conversion efficiency of the

Super Low THDI

inverter also reduces the internal temperature of the

The harmonics of the inverter output will cause impact

inverter.

on the power grid. The optimized structural design and unique algorithm of the Ginlong 4G series inverters will

New PCB Technologies The quality of components determines the performance and service life of the inverter. High-quality components determine

the

inverter’s

quality

from

inherent

performance. If the performance of some components

successfully reduce the output harmonics to <1.5%, greatly reducing the impact on the power grid.

Technology Advancements

Technology Specifications

is low, the inverter will run for a long time under high

1) 3-4 Individual MPPT

temperature and the performance of the components

Full product line features 3 or 4 MPPTs, which suits all

3-4 Individual MPPT

will decrease. This not only affects the amount of power

kinds of roof styles, even if there are multiple strings facing

generated by the inverter, but also affects the life of the

different directions. So the configuration of system is

inverter.

more flexible and the overall efficiency can also achieve an

The Ginlong 4G series products can be applied to more than one roof of the villa or three strings of different angles within the string.

w w w . s o l a r q u a r t e r . c o m

improvement.

Solar Quarter • May 2018 27


2) Latest Infineon IGBT Technology Compare items

4th IGBT

5th IGBT

Emitter Voltage(V)

600

650

Continuous DC Current(A)

60

80

Power Consumption (W)

333

275

Figure 1 : Advantages of High Switching Frequency

Remarks voltage endurance 8.3% more current endurance 33.3% more Consumption 17.4% less

From the above table, we can know that the 5th IGBT has the lower energy consumption and the higher efficiency. At the same time, it can achieve the better performance design.

3) TI2806 DSP

Figure 2 : the method and principle of reactive power compensation

4G inverters adopt TI 2806 DSP technology. To contrast with the traditional TI2803DSP, TI 2806 DSP increase the calculating speed and resolution by 50%. Therefore, both the accuracy of sampling and control has been greatly improved. So it can support higher switch efficiency technologies. Besides, in the boost circuit structure, we adopted the unique algorithm innovated by Ginlong company, the algorithm can improve the tracking accuracy and efficiency of MPPT, thereby increasing the power generation. 4G inverters adopt TI 2806 DSP technology: firstly, it can support higher switch efficiency technologies and increase the accuracy and efficiency of the MPPT.

4) Super High Switch Efficiency 30 kHz With the increase of the switching frequency, the loss of the power inductor is greatly reduced. Therefore, the overall improvement in the conversion efficiency of the inverter also reduces the internal temperature of the inverter.

5) New PCB Technologies

inverter DC input side is the DC lines. The DC side voltage is up to more than 500 volts, and arcing is likely to occur in the DC line due to loose connectors, poor contact, and low insulation. Because there is no zero-crossing point in the DC power, the arc cannot be automatically extinguished, and the high arc temperature continues to ignite the surrounding materials, causing further accidents

The Ginlong inverter adheres to the use of high-quality

and serious consequences! Therefore, early warning and

components of internationally renowned brands. The

prevention are very important.

quality of components determines the performance and service life of the inverter. High-quality components

The Ginlong inverters have an internally integrated AFCI

determine the inverter’s quality from inherent performance.

function, use high-precision arc fault sensors, and through

If the performance of some components is low, the inverter

Fourier analysis, identify fault arc currents while monitoring

will run for a long time under high temperature and the

the component to the input of the inverter. In the event of

performance of the components will decrease. This not only

an arc fire, the inverter will cut off the circuit in a short time

affects the amount of power generated by the inverter, but

and avoid 99% of fires.

also affects the lifetime of the inverter. Thereby, it ensure that inverter is a stable, reliable and long-life products.

2 Economics

6) Optional DRM Module

The Ginlong inverter uses a built-in DRM module to control

The built-in DRM module can control whether the inverter output power is fed back to the grid. If the project has not

If the project has not yet obtained grid-connected licenses, the 4G inverter can generate electricity for you, without

generate electricity for you, without causing the meter

causing the meter to reverse the increase in electricity bills.

to reverse the increase in electricity bills. It can save the

3 Reliable

7) Auto Vol-Stabilizer In some remote areas or areas where the power grid fluctuates greatly, the problem of overvoltage due to

1 Ginlong inverter adheres to the use of high quality components from internationally renowned brands. The quality of components determines the performance

over-voltage and low-voltage problems, the 4G inverter

and service life of the inverter. High-quality components

can export reactive power to compensate, in order to avoid

determine the inverter’s quality from inherent performance.

8) Super Low THDI The harmonics of the inverter output will cause impact on the power grid. The optimized structural design and

2 Excellent design of heat dissipation structure. (1) Inductive external heat dissipation;

unique algorithm of the Ginlong 4G series inverters will

The Ginlong single-phase inverter adopts external design

successfully reduce the output harmonics to <1.5%, greatly

of power inductors, so that the power inductor, a heat-

reducing the impact on the power grid. And the lower THDI

generating component, can be efficiently and efficiently

has the better the gird compatibility and decreases stress

cooled.

on operating components.

(2) Larger radiator area, better heat dissipation.

Targeted Customer Segment

Ginlong inverter shell adopts aluminum alloy panel, which

Safety

has good heat dissipation and light quality.

As a household-type equipment, in addition to the

In terms of structure, we have independently developed a

equipment requires higher power generation and stable

vertically-shaped design with a product-shaped inductor,

operation. Its security is also an important issue to

which can quickly eliminate the heat inside the device and

consider. Photovoltaic system from the PV module to the

ensure the normal operation of the inverter.

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Figure 5 : (right) other manufacturers single-phase 5kW grid-connected inverter radiator side view

From the hardware:

voltage fluctuations may occur on the site. So aimed at

frequent over-voltage issues.

Figure 4 : (left) Ginlong singlephase 5kW grid-connected inverter radiator side view

whether the inverter output power is feedback to the grid.

yet obtained grid-connected licenses, the 4G inverter can

unnecessary costs for users.

Figure 3: Inductive external design

The Ginlong 4G inverter adopts the new US TI2806 series DSP chip technology, which can improve the tracking accuracy and efficiency of MPPT, thereby increasing the power generation and bringing more benefits to users.

Solar Quarter • May 2018 28


Product Feature Standing the test of time It is in 2017 that the photovoltaic industry of China sees its

launched complete sets of systems, high-quality supply

sustainable, healthy and stable development, featured by

chain services, sound policies for management over

gradually-expanded industry scale, obviously-decreased

distributors, perfect design and construction teams, and

production

innovative

quick-response service systems. In the meanwhile, the

technologies, and sharp rising of both the domestic

Company, as the first to supply the distributed generating

distributed market and the foreign emerging market, which

capacity loss insurance, also provides the best system

together brings new opportunities and challenges to the

insurance plans in the industry and devotes itself to making

development of the photovoltaic enterprises in China.

Suntech•Yijia a Chinese top-level brand of photovoltaic

Since eighteen years ago, Wuxi Suntech has made every

products for household use.

step firmly and practically and always insisted on using top-

It is estimated that the year 2018 will witness the global

class reliable materials and state-of-the-art manufacturing

photovoltaic installed capacity exceeding 100GW as well

processes to produce high-quality solar modules which all

as the booming development of the photovoltaic industry.

then experience 52 product quality inspection steps, and

Photovoltaics, as an important component of renewable

the Company has also adopted the industry-leading full-

energy resources, are being recognized and accepted by

HD 16-million pixel at the side of a module, for complete

more and more people. Now, Wuxi Suntech is sticking to

EL inspection, so as to ensure the reliability, the conversion

its original intention and trying its best to continuously

efficiency, and the service life of each module product,

explore and exploit the potential of the domestic market

to the greatest extent, by virtue of the strictest quality

and expand overseas development opportunities, for the

inspection. Besides the product tests in the laboratory of

purpose of finally supplying high-quality products and

its own, Wuxi Suntech has had its products pass the world-

complete services to customers all over the world as well

known third-party testing as well, and thus its products

as making quality tell value, standing the test of time, and

are applicable to various demanding climatic environment,

green energy enter thousands of households.

cost,

repeatedly-occurring

Each module product supplied by Wuxi Suntech is provided with a 12-year product quality warranty, a 25-year linear power warranty, and an insurance support from Munich Re.

such as high temperature, strong wind, ice and snow, and brine

TM

corrosion. “Keeping

Customers-Centered”

is the management philosophy Wuxi

Suntech

adhered

to.

has

always

Wuxi

Suntech

advocates that everything should center on manufacturing and manufacturing

on

to

boost

completely

customers refined

management over production lines. At the production end, quick response is given to customers’ needs

and

implementation

is done swiftly. With regard to

customer

service,

Wuxi

Suntech owns a professional customer service team and takes customer

satisfaction

as

the

value guidance, establishing a bridge for good communication between customers and Suntech and really putting into practice the

management

philosophy,

“Keeping Customers-Centered”. Each module product supplied by Wuxi Suntech is provided with a 12-year product quality warranty, a 25-year linear power warranty,

and

an

insurance

support from Munich Re. As a result, Wuxi Suntech is at the top level of the industry in respect of both product reliability and leading technology, which helps guarantee the realization of the maximum benefits of customers. To

cope

with

the

explosive

growth of the domestic market of distributed products, Wuxi Suntech a

successively

sub-brand,

ALUMINIUM GRATINGS

founded

distributed products, in 2016, and Wuxi Suntech Yijia New Energy Co., Ltd. in 2017. Relying on the 36 years’ project experience in the overseas market of distributed Wuxi

Aluminium Walkways and Handrails for Solar Rooftop Project

Suntech•Yijia,

focusing on the business of

products,

Leading Manufacturers & Exporters of

Suntech

has

West Coast Engg. Works Pvt. Ltd. Expertise in Solar Rooftop Solutions

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G-10, Udyog Mandir No. 2, Mogul Lane, Mahim, Mumbai - 400 016. INDIA E-mail: info@westcoastengworks.com Mob: +91 98206 75767 Web: www.westcoastaluminiumgratings.com Solar Quarter • May 2018 29


Company Feature Creating & Delivering Clean Energy, Cost-Effective Solar Power Is Our Top Priority SolarMaxx, established in 2008, is a leading manufacturer and supplier of high efficiency Solar PV Modules suitable for Solar power plants of utility as well as rooftop scale. SolarMaxx is a proud leader in its regional market of Rajasthan and is rapidly expanding across India. Creating and delivering clean energy, cost-effective Solar power is our top priority; not a side project to other business interests! Our promoter and founder Saurabh Bhandari, a Swiss banker turned entrepreneur, founded “SolarMaxx”. a small idea from a milk vendor led to the founding of this current solar venture. SolarMaxx indulged in import and distribution of Solar lamps for rural India before diversifying into manufacturing of Solar Pv Panels, Solar Water heating and related Solar energy equipment.

Made from the highest quality materials Solar cells are the engines that power solar panels, which is why we do not trust just about anyone to supply them to us. We source them from some of the best manufacturers known for quality. To guarantee peak performance and reliability, we apply our stringent quality requirements on all our raw materials; then we manufacture our own solar panels right here in India.

Benefit from maximum energy output SolarMaxx Solar PV

Modules

are

designed,

tested

UL, IEC certified raw material for product longevity and power consistency:

and

manufactured

At SolarMaxx:

with

� We believe in manufacturing in the markets we serve.

your solar investment.

to every detail. The result: maximum energy output for

� We believe in leading a sustainable future. � We believe that Solar will make a better world.

1. India’s Solar manufacturer SolarMaxx believes in manufacturing in the markets we serve. We do not import finished goods just to be dumped in our location market. We work to Make in India, create local jobs, support the communities we serve, provide relief from the rising energy costs and make the Earth a better place. SolarMaxx

Solar

PV

Modules are a renowned quality

offering

attention

that

undergo multiple stages of stringent quality checks and tests during production before being packed for delivery. Needless to mention our modules are duly tested and approved and hold required IEC and TUV certification from world’s one of the most prestigious certification agencies. SolarMaxx Solar PV modules are also MNRE tested and are an eligible offering for various state and national tenders. SolarMaxx Solar PV Modules are available in wide range of sizes and wattages. Even though our main focus is to produce high efficiency 325+W modules for utility and rooftop sectors, we can also cater to customised requirement for modules from 40W and above.

Designed for the real world In the real world, it rains and the wind blows! Our product design is artfully configured to increase performance during years of exposure to real-world conditions. This is exactly why our panels are actively converting sunlight to energy all over – on ground and on rooftops!

2. SolarMaxx Solar PV Modules – technical composition SolarMaxx Solar PV Modules are amongst the best PV panels available to multiple customer segments such

as

developers

and

EPCs

and

industrial,

institutional, commercial or residential users. SolarMaxx has

progressively

introduced

automation

in

its

manufacturing processes to avoid human intervention as much as possible in the entire production process. This has positively led to augmented “quality” output of modules.

Wide module range: � Module range – 40W and above � Multiple configuration – 36, 60, 72, 144 cell modules for varied needs � PID resistant, high efficiency Poly and Mono crystalline cells � Positive power tolerance upto 3W

� Certified EVA manufacturers

and

backsheet

from

certified

� ARC coated, low Iron tempered glass with adequate thickness and strength � Screwless hollow section, anodised aluminium frame with appropriate design for easy and quick installation � Use of renowned

world’s Junction

well Box

with MC4 type connectors and cables

3. Consistent quality and industry leading EPC services While SolarMaxx Solar Panels are a leading quality offering, SolarMaxx EPC services are revered as amongst the best for after sales and O&M besides being amongst the fastest to deliver rooftop as well as ground mounted projects. Over the past decade we have attained expertise in EPC with in-house design, engineering and procurement capabilities. We at SolarMaxx guarantee timely execution and completion of our solar projects. Our main objective in the EPC space is to provide top end quality services. Our team has the required knowledge, the best industry contacts and the appropriate vendor leverage to get the projects built in time at reasonably acceptable price.

Choose long-term performance over cost � Many manufacturers are touting for efficiency (rated power per square meter) as the most important feature of a solar panel. However, making a panel excessively efficient may actually limit its long term performance, yielding less energy over the life of your system. � We ensure that a system will produce energy for several years by using tested, reputed and renowned components rather than going for those that may come at a cheaper price tag at the start but may require repeated services or part replacements over its lifetime. � We use our panels in our EPC services as we are confident of their performance. Our purchase decisions for various other components are based on long term system performance; not how much a single system can generate in optimal lab conditions. � Think all solar manufacturers are the same? Think again! A solar system should last for years. We have been doing Solar for a decade as pioneers in this industry. With investments in manufacturing, we are here to stay to honours our guarantees and more importantly our commitments.

w w w . s o l a r q u a r t e r . c o m

� We control all aspects of our projects. From manufacturing of Solar Panels to directly sourcing components from renowned manufacturers from around the world. With confidence of using our modules, we quite comfortably offer generation guarantees to our clients.

Solar Quarter • May 2018 30


Industry Update CleanMax Solar Bags Transformational Business Awards 2018 by Financial Times / The International Finance Corporation CleanMax Solar is the first Indian company to win this award in the ‘Achievement in Transformational Infrastructure’ category Financial Times and International Finance Corporation, a member of the World Bank Group, today announced CleanMax Solar, India’s most trusted sustainability partner for the corporate segment, as the winner in

The transaction is subject to regulatory approvals in the

to the completion of projects which were scheduled for

EU and is expected to close in the beginning of the third

commissioning the previous quarter, but had experienced

quarter 2018.

delays due to grid connection issues,” the Mercom India

3.3 gw solar installed in JanMarch period: Report

report said.

Driven by large-scale projects, the solar installation in

per cent increase compared to 2,448 mw installed in Q4

India during January-March period of the current calendar year was 3,269 megawatt (mw), up by over 9 per cent compared to 2,991 mw installed in the corresponding period last year, a report said on Tuesday. The cumulative solar installed capacity totalled 22.8

‘Achievement in Transformational Infrastructure’ at the

gigawatt at the end of the quarter.

Transformational Business Awards 2018. The company

“The surge in installations in Q1 2018 was primarily due

“January-March period of 2018 was the best quarter on record for solar installations in India, with 3,269 mw, a 34 2017. Installations were also up when compared to the 2,991 mw installed in Q1 of 2017.” According to the US-based energy research and communications firm, this was the first quarter of over 3 gw installed in the Indian solar market. This was the fifth quarter in a row where at least 2 gw of solar were installed.

was selected from among 189 entries received from 126 countries,

and

received

the award for its rooftop solar project at the Tata Motors factory in Sanand, Gujarat. CleanMax Solar is the first Indian company ever to win the award. The award was presented by Ms. Stephanie Race, CEO, Crop Performance Ltd. to Mr. Kuldeep Jain, Founder and Managing Director of CleanMax Solar, during the awards ceremony held in London.

Fortum to sell share of 185MW Indian solar portfolio

aiming at further solar investments Fortum

has

signed

an

agreement to sell a 54% share of its solar power company operating four solar power plants in India to UK Climate Investments (40%) and Elite Alfred Berg (14%). Elite Alfred Berg has the option to buy up to an additional 16% from Fortum. The total capacity of this portfolio is 185 MW. In this partnership, Fortum will

retain

minority

a

significant

ownership

in

the solar power company and continue to provide operation and maintenance services based on a longterm agreement. The

total

consideration

from the divestment of the 54% stake on a debt and cash free basis, including the effect of deconsolidating Fortum’s minority part of the net debt, is expected to be approximately EUR 150 million. The positive impact on Fortum’s results from selling part of the solar

portfolio

approximately

will

be

EUR

20

million and will be booked in the M&A and Solar & Wind Development unit.

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Solar 31 Solar Quarter Quarter •• May May 2018 2018 31


Company Feature We are the first Indian company to be audited by SolarBuyer U.S.A Goldi Green commenced operations in 2011, with a small production facility. Initially inviting leading PV module manufacturers around the world for OEM manufacturing, we followed best practices in manufacturing and positioned our brand as a top quality provider in the PV module market.

resolve global energy challenges by delivering energy to all in an efficient manner and at an affordable cost.

With the rapidly rising demand for our modules, we switched over to a fully automatic and robotic plant, and we have now increased our capacity to 500MW consequently scaling up to 1GW very soon.

We are the first Indian company to be audited by SolarBuyer U.S.A., a leading risk management and quality assurance provider for solar products with 23GW of factories assessed for quality.

unmatched quality, using Poly & Mono crystalline solar

Goldi Green is promoted by the Dholakiya family, who are also founders of the USD 1.2 billion diamond manufacturing conglomerate, SRK Exports. Goldi Green is a Solar PV module manufacturing and EPC company. We manufacture PV modules using Poly & Monocrystalline solar cells, up to the range of 365Wp, in a fully automatic, robotic and an ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007 certified facility.

Besides, we are one of the very few global companies having 4mm glass certification.

� Bi-facial modules

Having established ourselves as quality PV module suppliers, we are also emerging as a fast growing EPC company delivering best performance with efficiency in record time.

Strategy Vision Statement: Developing backward integration capacities through the entire solar cell manufacturing process, setting up manufacturing facilities for solar energy storage systems and being leading developers of solar power parks with a focus on delivering quality along with creating value in a sustainable manner.

Mission Statement: Implementing technological innovation as a driving force to

We are an ISO 9001:2015, ISO 14001:2015 & OHSAS 18001:2007 certified company.

Service Pledge: Our modules have undergone all quality tests at SGS-TUVSAAR and Underwriters Laboratories (UL), along with being certified for PID resistance.

Business Concept

Products & Services

Goldi Green manufactures solar PV modules with cells. We manufacture PV modules in the range up to 365Wp, and have introduced our new series of modules: � Goldi PERC cell modules � 1500 System voltage modules � Split JB modules � Glass to Glass modules � ACPV modules � Light Weight modules.

Besides being tested by third parties, our modules undergo the most stringent in-house testing for all product reliability factors across various parameters. We have an Internal Quality circle team, which meets regularly to focus on continuous improvements in product reliability. Having adopted Lean Six Sigma & Kaizen at workplace, we also conduct regular in-house training of Lean Six Sigma for Quality & Production team and our quality management is certified in Lean Six Sigma Black Belt. Along with having a robust and automatic manufacturing line based on Japanese & German technology, we follow best quality, environment and safety practices at our manufacturing process. All these efforts, backed by zero tolerance for any compromise on quality, help us maintain and deliver excellence in our products and manufacturing.

mr. bharat bhul director GOLDI GREEN TECHNOLOGIES PVT. LTD.

PIL is a leading manufacturer of professional solar mounting systems With more than 350 megawatts (MW) installed at pan India level, PIL is emerged as a leading manufacturer of solar mounting structures Purshotam Profile Private Limited (PIL) is part of Prabh Dayal Om Prakash Group is an ISO certified company with an extensive experience of 40 years in manufacturing of Steel, Pipes & Profiles, PVC Pipes, Water Tanks, Dustbins and Pipes & Fittings with more than US$90 million turnover having manufacturing facilities in Faridabad, Ghaziabad, Greater Noida, Ahmedabad and soon upcoming in Pune. With more than 350 megawatts (MW) installed at pan India level, PIL is emerged as a leading manufacturer of solar mounting structures with a vision to become a big contributor to society and country at large, PIL is continuously setting new benchmarks in the industry following a great customer satisfaction level. PIL started with a mission is to design and manufacture superior quality Solar Modules Mounting Structures, meeting the utility and standards demanded by discerning global customers.

What We Do? PIL is a leading manufacturer of professional solar mounting systems offers combines’ optimum structural designing, on time delivery, economic efficiency and maximum durability, all at affordable prices. We procure finest raw materials, PosMAC, of POSCO Magnesium Alloy Coating for our Products which is an ultra-corrosion resistant alloyed steel plate developed with unique POSCO technology. Below are some distinctive features of our PosMAC structure. � Slower corrosion rate compared to zinc-coated steel. � Suited for, industrial, food processing, intensive farming, coastal and infrastructure applications. � Lead times can be reduced by eliminating steps from traditional coating processes. � Achieves life cycle and maintenance cost benefits. � Available with a defined warranty. � Harder than galvanized steel � Superior scratch resistance capability. � Good paint and powder coat adhesion, plus displays a high quality surface finish.

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� Pleasing mill finish and a smooth satin coating. We believe this is the era of collaboration, not competition. Our success depends on the success of our partners, so we build partnerships that will go the distance with us. Our strategic partnership with Samco enables us in-house custom roll forming for both our high production and special project needs. Samco has been known as a qualityoriented company for over four decades. We also take pride in empowering our diverse range of clients who enjoy huge reductions in maintenance costs and are moving towards energy independence. Our wide and varied customer base ranges from SMEs, Big power supply companies and multinational business houses.

Our Leadership Under the strong leadership of MR. SACHIN AGGARWAL (MD, Purshotam Profile Private Limited) PIL has experienced steady growth and excellent reputation in the industry with more than 30% market share and copious number of renowned customer base in India and abroad. His notion always motivates employees and stakeholders happy in the long run. His determination toward the growth and betterment of the organization is really appreciable. He is a passionate renewable energy entrepreneur with a strong belief that natural resources like solar energy holds the key to resolve the nation’s biggest problem of energy crisis. He is continuously putting efforts to make solar energy a bigger part of our daily life by manufacturing innovative solar mounting solutions that minimize the total cost of the solar installation.

solutions which exactly fulfill the different requirements maintaining the desired standards. � Strong engineering team equipped with latest CAD design and simulation software supported by 3D printing and prototyping capabilities, ensuring no detail is overlooked.

Why Should You Consider Us as your Partner? We are committed to providing our customers with the most effectively designed, efficient and cost effective solar solutions available in today’s marketplace. With years of industry experience, we custom design our structures to maximize solar energy potential while providing the most prominent possible return on investment. Our team consists of experienced, design experts, skilled installer professionals from around the country, highly qualified solar consultants as well as knowledgeable sales and customer service team. Our unique design capabilities and advanced manufacturing facilities help ensure our value and experience is carried out in each project we do. We always look forward to sharing our portfolio with you and spotlighting some of the most innovative structures also upcoming with floating we offer in the global market. We are committed to transforming your solar park project from a dream into a reality.

What makes us different? � At PIL we use the upgraded roll forming techniques and capabilities giving us the capability to manufacture utility scale solar mounting structures tailored to meet the requirements unique to each project size and capacity. � We believe in continual innovation, diversification and investment in product research and development have all ensured our ongoing growth and success. � We offer different combinations of steel qualities which enables our engineers to design customized

ms. Rupali Paul Head - Marketing Purshotam Profile Private Limited (PIL)

Solar Quarter • May 2018 32


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P

r

e

s

e

n

t

s

THANK YOU FOR YOUR VALUED PATRONAGE Shri V. K. Saraswat, Member, Niti Aayog Shri R. K. Srivastava, Executive Director, NTPC(Netra) Shri Rajeev Gyani, Consultant, International Solar Alliance Shri Shekhar Dutt, Director General, SPDA – Associate Partner Ms Anita Agrawal, Manager, SECI Dr Rahul Rawat, Scientist-B, MNRE

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Solar Quarter • May 2018 34


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Industry Insights A Path breaking Journey in Renewable Energy through last 4 years Foreign investors can enter into joint venture with an Indian partner for financial and/or technical collaboration and for setting up of renewable energybased power generation projects. 100% foreign investment as equity qualifies for automatic approval. Government of India is also encouraging foreign Investors to set up renewable energy-based power generation projects on build-own-operate basis. 11. Renewable energy projects set up in last 4 years have created around 10 million man day’s employment per annum. The Suryamitra program was launched for creation of a qualified technical workforce in 2015 and over 18,631 Suryamitras have been trained under the programme up to 31 March 2018. 12. For quality assurance we have notified standards for deployment of solar photovoltaic systems/devices; and On 6 December 2017, the International Solar Alliance (ISA) has become first international intergovernmental Last 4 years have been path-breaking in India’s renewable

3. In our efforts to send right signal about government

energy landscape. Renewable power installed capacity

of India’s commitment towards renewables we have

has already reached over 70 GW. Over 40 GW renewable

notified

power capacity is under construction/tendered. Globally,

trajectory upto the year 2019. We are in a process to

India stands 4th in wind power 5th in renewable power and

notify RPO trajectory upto the year 2022.

6th in solar power installed capacity. Solar energy capacity increased by over 8 times from 2.63 GW in 2014 to 22 GW. Wind energy capacity increased by 1.6 times from 21 GW in 2014 to 34 GW. Trajectories for bidding 115GW renewable power projects upto March 2020 have been announced. We are well on track to achieving 175 GW target of installed renewable energy capacity. Trends suggest that the target will not only be achieved but exceeded. New schemes at advanced stages of being launched:

1.KUSUM (KisanUrja Suraksha evamUtthaanMahabhiyan)Scheme: a. 7.5 lakh solar pumps (17.50 lakh standalone + 10 Lakh Grid-connected) b. 10 GW of Solar Power Plants of intermediate capacity of 0.5–2 MW c. 50,000 Grid-connected tube-wells/lift irrigation and drinking water projects

2. SRISTI (Sustainable Rooftop Implementation for Solar Transfiguration of India) – new scheme for solar rooftop being formulated. 3. Round the Clock renewables policy has been finalized. For realising 175 GW target a number of policy measures

Renewable

Purchase

Obligation

(RPO)

4. For mainstreaming renewables, we have introduced Renewable Generation Obligation (RGO). This provision will encourage coal based thermal power generators to diversify in renewable energy portfolio. 5. For optimizing land use and harnessing solar and wind energy potential optimally, we have notified Solar-Wind hybrid policy. This policy will help in better harnessing of renewable energyresources and to an extant also addressrenewableenergy variability, The Ministry has also brought out one tender for setting up 2000 MW solar-wind hybrid in existing projects. 6. Target for Solar Parks has been enhanced from 20 GW to 40 GW. 41 Solar Parks in 21 States with aggregate capacity of over 26 GW have already been sanctioned. Largest Solar Park of 2 GW capacity in Pavagada, Karnataka is under implementation. New Solar Park policy has been announced to encourage participation by private parties and CPSUs in setting up Solar Parks. 7. Off-shore from Tamil Nadu and Gujarat coast provides among the best locations from wind power generation.

issued. 8. Creating an ecosystem for domestic manufacturing of interest for setting up solar PV manufacturing capacities linked with assured off take of 20GW. This stimulus is expected to kick start domestic manufacturing in solar energy space.

significant reduction in cost of solar and wind power.

9. The Green Energy Corridor projects seek creation of

In the year 2017 competitive bidding guidelines for

grid infrastructure for renewable power evacuation and

procurement of solar and wind power have been

to reshape grid for future requirements.The intra state

notified. The lowest tariff of Rs. 2.44 per unit for solar

transmission scheme (InSTS) being implemented by

and Rs. 2.43 per unit for wind discovered. The first solar

eight renewable rich States with an investment of Rs.

plant bid at Rs. 2.44 will be inaugurated in August 2018.

10,141 crores will set up about 9400 ckm transmission

2. We have waived the Inter State Transmission System charges and losses for inter-state sale of solar and wind

Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/ tendered.

for initial 1GW off-shore wind power have already been

1. Transparency is an overarching guidelines principle of

tariff based competitive bidding process have led to

to provide clean and affordable energy to all.

offshore wind power policy and expression of interest

solarcells is our priority. We have issued expression of

for procurement of solar and wind power through

Narendra Modi, Hon’ble Prime Minister of India’s vision

In order to harness this potential we have formulated

have been taken. our government. Transparent bidding and facilitation

organization headquartered in India. ISA is part Shri

lines and Substations of total capacity of approx. 19000 MVA to be completed March 2020.

power for projects to be commissioned by March 2022.

10. Over US$ 42 billion investment was made in renewable

This will encourage setting up of the projects in states

energy in India during last 4 years. New opportunities

that have greater resource potential and availability

have emerged- altogether new business space has

of suitable land. It also helps in creating a pan-India

been created. Indian companies have begun to explore

renewable power market, as generation in excess of

foreign stock exchanges as a source of funds. India is

the state’s own requirement could be transmitted to

progressively becoming a most favored destination for

the resource poor states without additional financial

investment in renewables.

We are well on track to achieving 175 GW target of installed renewable energy capacity. Trends suggest that the target will not only be achieved but exceeded.

AUTHOR: mr. Abhijeet More Solar Passionate Professional | Social Marketer

burden.

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Solar Quarter â&#x20AC;¢ May 2018 37


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