U.S. India Partnership to Advance Clean Energy (PACE)
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AREVA Renewable Energies and India
AREVA Renewable Energies and India Philippe Poux Vice president, Business Development & M&A [email protected] Stricly Confidential Agenda 1. AREVA Group context 2. Renewable Energies Market and environment 3. AREVA activities in Renewables 2 Stricly Confidential AREVA: a strategy based on three pillars Nuclear X CO2 free electricity X Interconnections & HVDC generation X Commercial synergies – X Complementarities contact with utilities, (base & intermittent) international footprint X Technical, financial, and X Portfolio synergies commercial synergies X R&D leverage T&D Renewable X Integration of renewable in the grid & Smart Grids X Energy storage “One-stop shop for CO2 free energy generation” 3 Stricly Confidential Key Financials 2008 Sales: 13,160M€ Operating income: 417M€ Consolidated net income: 589M€ Employees: 75,414 Standard & Poor’s recent Rating Short-term: 'A-1’ Long-term: ‘A’ on balance sheet strengthening Outlook: Stable 4 Stricly Confidential Agenda 1. AREVA Group context 2. Renewable Energies market and environment 3. AREVA activities in Renewables 5 Stricly Confidential Renewable energy, like nuclear, is an answer to 3 major concerns and a factor of local industrial development Energy dependence Fossil energy price volatility Import part of country energy consumption 100% $/t, $/bl $/MBtu (Gaz) 250 Pétrole 14 80% Charbon Gaz 12 200 60% 10 150 8 40% 6 100 4 20% 50 2 0% 0 0 Japan EU India USA China 02/01/07 02/07/07 02/01/08 02/07/08 02/01/09 Source : BP Statistical Review 2008, AREVA Source : Bloomberg, AREVA CO2 world emissions Local industrial development (example of on-shore and off-shore wind in EU) 400 370 5% CAGR 330 350 (2007-2025) 300 Electricité 250 210 41% 200 155 150 100 50 0 H2 production 2007201520202025 7% * Direct and indirect employment in Europe for on-shore and off-shore wind sector. -
Fourth Quarter & Full Year Ended March 31, 2017
India’s first private grid connected MW Solar plant India’s first distributed rooftop solar project over one megawatt Pan India portfolio of solar assets in 18 States Fourth Quarter & Full Year Ended March 31, 2017 Earnings Presentation June 19, 2017 1 | Copyright © 2017 Azure Power | www.azurepower.com Disclaimer Forward-Looking Statements This information contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including statements regarding our future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; our limited operating history, particularly as a new public company; our ability to attract and retain our relationships with third parties, including our solar partners; our ability to meet the covenants in debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that we have file with the U.S. Securities and Exchange Commission, or SEC, from time to time. -
“Power Finance Corporation - Investors Interaction Meet”
“Power Finance Corporation - Investors Interaction Meet” May 31, 2018 MANAGEMENT: TEAM OF POWER FINANCE CORPORATION:- - Mr. Rajeev Sharma - Chairman and Managing Director - Mr. D. Ravi - Director (Commercial) - Mr. C. Gangopadhyay - Director (Project) - Shri Sitaram Pareek - Independent Director Page 1 of 23 Power Finance Corporation May 31, 2018 Speaker: Good Afternoon, Ladies and Gentlemen. On behalf of Power Finance Corporation, we feel honored and privileged to welcome you all to this Investors Interaction Meet. The company recently announced its financial results for the year 2017-18 and has been successful in maintaining its growth trajectory. PFC is always aiming to connect with its investor and build a strong and enduring positive relationship with the investment community. With this objective, today’s event has been organized to discuss PFC’s current performance and future outlook with the current and prospective investors. On the desk in the center is Chairman and Managing Director -- Shri Rajeev Sharma along with the other directors. To my immediate left is Shri DRavi – Director, Commercial. Next to him is Shri C Gangopadhyay – Director, Projects. To my extreme left is Shri Sitaram Pareek – Independent Director and beside him is Shri N.B. Gupta – Director, Finance. They are all in front of you to give a brief insight of PFC’s performance during the financial year 2017-18. They will also present to you a roadmap for the forthcoming year. I request Shri Rajeev Sharma -- Chairman and Managing Director to address the gathering. Rajeev Sharma: Thank you very much for sparing your valuable time to be present here during this interaction. -
Renewable Energy Companies in Kenya
Renewable Energy Companies In Kenya Which Ellwood mine so deservedly that Marve people her disseveration? Thallic Filmore sting his medicinal restate home. Thad remains corduroy after Noach lists piano or emblematising any vacuole. Appliances Energy Performance and Labeling Amendment Regulations 201 Designation of Industrial Commercial and Institution Energy Users in Kenya The. In 2013 Kenya had some population of 4369 million Table 1 Electricity. About Us Kube Energy. Sector investment17 The tariff makes it man- datory for companies transmitting energy to purchase electricity from renewable energy sources at a predetermined. Kenergy Renewables. Solar keeps lights phones on this rural Kenyans during. Energy SGS Kenya. Kenya's energy framework is one hover the most developed in sub- Saharan Africa. County energy planning in Kenya Stockholm Environment. Organization TypeService Providers Staff26-50 Development BudgetLess than 1 Million HeadquartersKenya Founded2011. M-Kopa Solar should a Kenyan solar energy company over was founded in 2011. Kenya Senegal Uganda Zambia Investment field Investment Companies & Funds Activity Infrastructure fund Organisation Africa Renewable Energy Fund. Yet Kenya has 2150 MW of generation than to serve different population of. Renewable Energy Companies in Kenya. The Kenyan startup was ranked ahead of various multinationals and giant companies such as IBM Adidas and Jumia among others Each craft the. Hudson East Africa Company Nairobi Kenya Strong collaboration experience or allow them work shallow the technical team we deliver solutions to customers. GreenMax has been retained as Transaction Advisor to Astonfield a Kenyan. Commercial & industrial solar SunFunder. The float Policy promotes the capable of electricity from renewable energy sources by. NAIROBI July 27 Xinhua - Chinese companies are children to gift their cloth in Kenya's renewable energy sector whose growth has. -
Government of India Ministry of New and Renewable Energy Lok Sabha Unstarred Question No
GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY LOK SABHA UNSTARRED QUESTION NO. 2316 TO BE ANSWERED ON 16.03.2017 FUNDS UNDER JNNSM 2316. SHRI K.C. VENUGOPAL: Will the Minister of NEW & RENEWABLE ENERGY be pleased to state: (a) the funds sanctioned and released under Jawaharlal Nehru National Solar Mission (JNNSM) to various States including Kerala during each of the last three years and the current year, State-wise; and (b) the details of solar parks and ultra mega solar power projects started functioning under the Mission during the said period, State-wise? ANSWER THE MINISTER OF STATE FOR POWER, COAL, NEW & RENEWABLE ENERGY AND MINES (INDEPENDENT CHARGE) (SHRI PIYUSH GOYAL) (a): State-wise budgetary allocation is not made under the schemes/programmes. However, details of amount released by this Ministry for installation of solar energy projects during last three years and current year are given below:- Total funds sanctioned for release Year (Rs. Crore) 2013-14 692.28 2014-15 1158.19 2015-16 3146.24 2016-17 2140.92 (as on 28.2.2017) State-wise details of funds released during the last three years and current year under few schemes are given at Annexure-I. (b): 34 Solar Parks have been sanctioned in 21 States for solar power capacity of 20,000 MW. As on date, Ananthapuramu solar park in Andhra Pardesh, Bhadla-II solar park in Rajasthan, Kasargod solar park in Kerala are partly functional. The details of sanctioned solar parks and ultra-mega solar power projects under the Mission (JNNSM) are given at Annexure-II. -
Plantwise Monthly RE Generation Report
भारत सरकार Government of India वि饍युत मंत्रालय Ministry of Power के न्द्री य वि 饍यु त प्रा धि क रण Central Electricity Authority निीकरणीय ऊ셍ाा पररयो셍ना प्रबोिन प्रभाग Renewable Energy Project Monitoring Division संयत्रािारनिीकरणीय ऊ셍ाा उ配पादन ररपो셍ा Report on Plant wise Renewable Energy Generation अप्रैल-2021 April-2021 Preface Government of India has set an ambitious target of 175 GW of Renewable Energy installed capacity by year 2022. By the end of April 2021, India has successfully achieved approximately 95 GW of Renewable Energy Installed capacity. CEA is monitoring state-wise and source wise Renewable Energy Generation across the country. For better insight and measure of ground level performance of individual Plants there is a need for compiling Plant wise Renewable Energy Generation data. In this connection, effort are being made by CEA. Based on the information provided by various SLDCs to CEA, a report has been prepared incorporating the details of Plant wise Generation of Renewable Energy projects as furnished by the States/UTs of Rajasthan, Madhya Pradesh, Tamil Nadu, Jammu & Kashmir, West Bengal, Odisha, Chhattisgarh, Telangana, Punjab and Andaman & Nicobar. Table of Contents Summary of All India Plant wise Renewable Energy Generation………………………………………………………………………………………………………………… ...................................... 4 Plantwise Renewable Energy Generation Rajasthan ............................................................................................................................................................................................................................................... -
Gujrat-Solar-Tariff-Order-Of-2012.Pdf
GUJARAT ELECTRICITY REGULATORY COMMISSION Ahmedabad Order No. 1 of 2012 In the matter of: Determination of tariff for Procurement by the Distribution Licensees and others from Solar Energy Projects. In exercise of the powers conferred under Sections 61 (h), 62 (1) (a), and 86 (1) (e) of the Electricity Act, 2003 (36 of 2003), guidelines of the National Electricity Policy, 2005, Tariff Policy, 2006 and all other powers enabling it on this behalf, the Gujarat Electricity Regulatory Commission (hereinafter referred to as “GERC” or “the Commission”) determines the tariff for procurement of power by Distribution Licensees and others in Gujarat from Solar Energy Projects (the “Tariff Order”). 1. BACKGROUND 1.1. Potential for Solar Power 1.2. National Action Plan on Climate Change 1.3. Government of Gujarat‟s Solar Power Policy, 2009 1.4. Jawaharlal Nehru National Solar Mission 1.5. GERC Solar Tariff Order, 2010 1.6. GERC Renewable Purchase Obligation 1.7. GERC Multi Year Tariff Regulations, 2011 1.8. GERC Discussion Paper on Solar Tariff Determination 1.9. Public Hearing 1.1 Potential for Solar Power India, especially its western region, receives generous amounts of solar radiation offering an attractive opportunity for generating substantial amounts of electrical energy. Most of Gujarat (“the State”) receives an average solar insolation of greater than 5.2 kWh per square meter per day. In addition, Gujarat also offers an extensive and stable infrastructure in terms of a reliable GERC Order No. 1 of 2012: Determination of tariff for Procurement by the Distribution Licensees and others from Solar Energy Projects; 27 Jan. -
The Business Case for Off-Grid Energy in India 2 the Business Case for Off-Grid Energy in India
1 FINANCE Off-Grid Business Models IN PARTNERSHIP WITH THE BUSINESS CASE FOR OFF-GRID ENERGY IN INDIA 2 THE BUSINESS CASE FOR OFF-GRID ENERGY IN INDIA www.theclimategroup.org TABLE OF CONTENTS LIST OF FIGURES AND TABLES ii LIST OF ACRONYMS iv DEFINITIONS vi OBJECTIVES, SCOPE AND APPROACH vii METHODOLOGY AND RESEARCH SOURCES vii 1. Executive summary 01 2. The opportunity for off-grid renewable energy 06 2.1 Unmet electricity demand in India 06 2.2 The case for solar home system (SHS) and DRE businesses 09 3. Assessment of off-grid energy business models 14 3.1 Overview of SHS enterprises 14 3.1.1 SHS technology and pricing 14 3.1.2 SHS value chain and key players 15 3.1.3 Unit level economics 17 3.1.4 Consumer financing and affordability 21 3.1.5 Evolution of the SHS market 24 3.1.6 Market size and impact 31 3.2 Overview of decentralized renewable energy (DRE) enterprises 33 3.2.1 DRE technology and service offering 33 3.2.3 Pricing and payment mechanisms 37 3.2.4 Addressing challenges in the DRE space 39 3.2.5 Evolution of the DRE market 49 3.2.6 Market size and impact 51 4. Policy environment and the case for private sector investment 56 4.1 Government policies and implementation progress 56 4.2 Need for private sector involvement 61 www.theclimategroup.org THE BUSINESS CASE FOR OFF-GRID ENERGY IN INDIA 3 4.3 Challenges for investment 63 4.4 Specific financing needs of OGE enterprises 66 5. -
Azure Power Provides an Update on 4 GW Tender
Azure Power Provides an Update on 4 GW Tender December 23, 2020 NEW DELHI, Dec. 23, 2020 /PRNewswire/ -- Azure Power continues to work towards signing PPAs for the 4 GW manufacturing linked tender for which a Letter of Award ("LOA") has already been received. The Solar Energy Corporation of India ("SECI") has informed us that so far there has not been adequate response from the state electricity distribution companies ("DISCOMs") for SECI to be able to sign the PSAs at this stage even though we have a LOA. SECI has mentioned that they will be unable to sign PPAs until PSAs have been signed, and they have committed to inform Azure Power of developments in their e orts with the DISCOMS. Capital costs, interest rates and foreign exchange rates have improved since Azure Power won the 4 GW auction a year ago which have resulted in lower tari s in other recent SECI auctions. We expect these savings likely will be passed on to state electricity distribution companies (DISCOMS). We expect a tari markdown from the price discovered in the auction, which will facilitate signing of PSAs. We will continue our discussions with SECI towards signing PPAs in respect of the 4GW tender and expect the PPAs to be signed in tranches over a period of time. We will continue our policy to only take on contracts that create shareholder value and earn returns that are above our cost of capital. About Azure Power Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-India portfolio of 7.1 gigawatts on September 30, 2020 of which 1.8 GWs is operational, 1.3 GWs are under construction and 4.0 GWs have received a Letter of Award but for which PPAs have yet to be signed. -
Policy and Financial Barriers to Micro-Grid Development in India
Policy and Financial Barriers to Micro-Grid Development in India Roberts Environmental Center at Claremont McKenna College Sustainable Development Policy and Finance Team May 16, 2019 Will Cullen CMC ‘19 Matt Psaltakis CMC ’19 Ally So CMC ‘21 Katie O’Neill CMC ‘21 Cade Moffatt CMC ‘21 Samantha Murphy CMC ‘21 Abby Gilliland CMC ‘21 Sam Willett CMC ‘20 Lude Rong CMC ‘20 TABLE OF CONTENTS INTRODUCTION Katie O’Neill (CMC ‘21) 5 Goals of Research 5 Methodology 5 BACKGROUND Katie O’Neill (CMC ‘21), Sami Murphy (CMC ‘21) 6 1. Energy Poverty in India 6 2. Sustainable Development Goals 6 3. Vision for Achieving Universal Electrification in India 7 4. Challenges to Micro-Grid Investment 8 1. Federal Government Policies Sami Murphy (CMC ‘21) 9 1. India’s Central Government’s Policy Goals 10 2. Multilateral Partnerships 10 3. Electricity Act of 2003 11 4. RGGVY 11 2. State & Local Level Policy Sami Murphy (CMC ‘21) 12 1. Overview 13 2. Case Study: Uttar Pradesh 14 Room for Improvement 15 3. Financing Barriers Sam Willett (CMC ‘20) and Cade Moffatt (CMC ‘21) 16 4. Comparing Strategies for Electrification Katie O’Neill (CMC ‘21) 18 1. Central Grid 18 2. Solar Home Systems 19 3. Micro-Grid 20 5. Current Companies Operating Matt (CMC ‘19) 23 Introduction 23 6. Case Studies: Micro-grid Companies Sami Murphy (CMC ‘21), Cade Moffatt (CMC ‘21), Ally So (CMC ‘21) 26 1. Gram Oorja 26 2. Zola Electric 26 3. OMC Power 27 2 4. SELCO Foundation 27 5. Mera Gao 28 7. Case Studies: Funding Organizations Cade Moffatt (CMC ‘21), Ally So (CMC ‘21) 30 1. -
Azure-Power-Operational-And-Financial-Update-V1.Pdf
Azure Power Operational and Financial Update Ebene, Mauritius, September 8, 2019: Azure Power Global Limited (NYSE: AZRE) (the “Company”), a leading independent solar power producer in India, today announced certain operational and financial updates. This is not an offer to sell or purchase nor the solicitation of an offer to sell or purchase securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful. Operational Update Overview Our mission is to be the lowest-cost power producer in the world. We sell solar power in India on long-term fixed price contracts to our customers, at prices which in many cases are at or below prevailing alternatives for these customers. We are also developing micro-grid applications for the highly fragmented and underserved electricity market in India. Since 2011, we have achieved an 85% reduction in total solar project cost, including an 86% decrease in balance of systems costs, due in part to our value engineering, design and procurement efforts. Indian solar capacity installed reached approximately 29.4 GW at the end of June 2019 with a target to achieve 100 GW of installed solar capacity by 2022. Solar power is a cleaner, faster-to-build and cost-effective alternative energy solution to coal and diesel-based power, the economic and climate costs of which continue to increase every year. Through its use of solar power, we estimate that the Company has avoided the release of approximately 4.9 million tons CO2, which is equivalent to the byproduct of burning approximately 3.4 million tons of coal. -
Azure Power Global Limited (Exact Name of Registrant As Specified in Its Charter)
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ Registration statement pursuant to section 12(b) or 12(g) of the Securities Exchange Act of 1934 or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to or ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended March 31, 2017 or ☐ Shell company report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Date of event requiring this shell company report Commission file number 001-37909 Azure Power Global Limited (Exact name of Registrant as specified in its charter) Mauritius (Jurisdiction of Incorporation or Organization) 8 Local Shopping Complex Pushp Vihar, Madangir, New Delhi 110062, India Telephone: (91-11) 49409800 (Address and Telephone Number of Principal Executive Offices) Inderpreet Singh Wadhwa Chief Executive Officer 8 Local Shopping Complex Pushp Vihar, Madangir, New Delhi 110062, India Telephone: (91-11) 49409800 (Name, Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Equity Shares, par value US$0.000625 per share New York Stock Exchange (Title of Class) (Name of Exchange On Which Registered) Securities registered or to be registered pursuant to Section 12(g) of the Act. None (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.