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4.2 Battery Storage Technology 4.2.1 New Emerging Battery Technology and Global Best Practices VOLUME 10 Issue # 8 52 INTERNATIONAL ELECTRIC VEHICLE ELECTRIFYING INDIA: OWNER : Building Blocks For A Sustainable EV Ecosystem FirstSource Energy India Private Limited PLACE OF PUBLICATION : 95-C, Sampat Farms, 7th Cross Road, Bicholi Mardana Distt-Indore 452016, Madhya Pradesh, INDIA Tel. + 91 96441 22268 www.EQMagPro.com EDITOR & CEO : ANAND GUPTA [email protected] 26 PUBLISHER : ANAND GUPTA PRINTER : ANAND GUPTA TRENDS & ANALYSIS SAUMYA BANSAL GUPTA [email protected] PUBLISHING COMPANY DIRECTORS: ANIL GUPTA ANITA GUPTA DISTRIBUTED SOLAR PROJECTS Amazon to install solar rooftops at fulfilment sort centres CONSULTING EDITOR : SURENDRA BAJPAI HEAD-SALES & MARKETING : GOURAV GARG [email protected] Sr. CREATIVE DESIGNER ANAND VAIDYA [email protected] 30 22 GRAPHIC DESIGNER : RATNESH JOSHI DISTRIBUTED SOLAR PROJECTS BUSINESS & FINANCE SUBSCRIPTIONS : Budweiser beer maker AB In- The Rise Fund, a Global GAZALA KHAN CONTENT Bev goes green; inks pact... Impact Fund Managed by... [email protected] Disclaimer,Limitations of Liability While every efforts has been made to ensure the high quality and accuracy of EQ international and all our authors research articles with the greatest of care and attention ,we make no warranty concerning its content,and the magazine is provided on an>> as is <<basis.EQ international contains advertising and 33 third –party contents.EQ International is not liable for any third- party content or error,omission or inaccuracy in any advertising material ,nor is it responsible for the availability of external web sites or their contents The data and information presented in this magazine is provided for informational purpose only.neither EQ INTERNATINAL ,Its affiliates,Information providers nor content providers shall have any liability for investment decisions based up on or the results obtained from the information provided. Nothing contained in this magazine should be construed as a recommendation to buy or sale any securities. The facts and opinions stated in this magazine do not constitute an offer on the part of EQ International for the sale or purchase of any securities, nor any such offer intended or implied Restriction on use 35 The material in this magazine is protected by international copyright and trademark laws. You may not modify,copy,reproduce,republish,post,transmit, or distribute any part of the magazine in any way.you may only use material for INDIA INDAI your personall,Non-Commercial use, provided you keep intact all copyright and other proprietary notices.If you want to use material for any non-personel,non India to auction 40 GW DNV GL partners with the commercial purpose,you need written permission from EQ International. renewables every year till EU and Government of 2028 India to bring ... 4 EQ August 2018 www.EQMagPro.com 48 46 Mr. Sunil Rathi Director Sales and marketing ENERGY STORAGE PV FLOATING PLANT Waaree Energies ltd The New Rules Of Competition In Energy Storage Floating Pv Plant 08 10 12 TECHNOLOGY TECHNOLOGY TECHNOLOGY Thin-film solar charging pack to Delta Launches String Pv Inverter GoodWe Rocks the Market with Launch Amazon to install solar rooftops at fulfilment sort centres provide charging anywhere ... M125hv Series With Industry... of New Smart Inverters and Energy... 24 19 BUSINESS & FINANCE BUSINESS & FINANCE Gujarat Borosil Ltd to enhance REC commits USD 1 mn to Interna- production to meet rising... tional Solar Alliance 16 Energy Storage 42 Raasi Group to manufacture India’s first Indigenous Lithium-ion cell... PV MANUFACTURING What happens when low quality, unproven RAHUL KHATRI EQ NEWS 40 materials Technical Manager, are used in DuPont Photovoltaic Pg. 07-31 RESEARCH & ANALYSIS solar panels? Solutions China’s solar policy change triggers another cycle of price pressure www.EQMagPro.com EQ August 2018 5 LONGi Solar is a world leading manufacturer of high-efficiency mono-crystalline solar cells and modules. The Company is wholly owned by LONGi Group. LONGi Group (SH601012 )is the largest supplier of mono-crystalline silicon wafers in the world. Armedand powered by the advanced technol- ogy and long standing experience of LONGi Group in the field of mono-crystalline silicon, LONGi Solar has shipped approximately 4.6GW products in 2017. The Company has its headquarters in Xi’anandbranches in Japan, Europe, NorthAmeri- can, India and Malaysia. With strong focus on R&D, production and sales & marketing of mono-crystalline silicon products, LONGi Solar is committed to providing the best LCOE solutions as well as promoting the world widead option of mono-crystalline technology. 6 EQ August 2018 www.EQMagPro.com EQ-June-2G-210x297mm 20180702.pdf 1 2018/7/2 11:41:38 India Expo Centre 18-20 Sep. REI 2018 Huawei Booth: 3.61 TECHNOLOGY ENPHASE ENERGY TO ACQUIRE SUN- POWEr’s MicrOINVERTER BUSINESS Enphase Energy to Acquire SunPower’s Microinverter Business PETALUMA, Calif. and SAN JOSE, Calif.: Enphase Energy, Inc. (NASDAQ:ENPH), and SunPower Cor- poration (NASDAQ:SPWR), announced a definitive agreement for Enphase to acquire SunPower’s microin- verter business for $25 million in cash and 7.5 million shares of Enphase common stock. Key highlights of the acquisition include: • Advances AC Modules (ACM) as the future of residen- SOLAREDGE PRESENTIED EXPANDED tial solar • Enhances SunPower’s Equinox™ Home Solar System COMMERCIAL PV OFFERING FOR IM- with a custom line of Enphase’s IQ microinverters for use with SunPower AC Modules • Enphase expects to add $60-$70 million annualized PROVED SCALABILITY AND PeRFORM- revenue in second half of 2019 at 33%-35% gross margin ANCE AT INTERSOLAR • Adds over 140 patents to Enphase’s strong IP portfolio New inverters and a power optimizer will be added to SolarEdge’s commercial PV suite • Expects to close by end of the third quarter of 2018 with initial IQ shipments in the fourth quarter SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, is expanding its commercial solution with the launch of larger-capacity three- $25 million cash to be funded from Enphase’s balance • phase inverters with synergy technology and a multi-input power optimizer in order to sheet in two installments further improve the scalability and performance of its commercial PV systems. olarEdge is increasing the capacity of its three- “We are pleased to become the micro- phase inverters by 20% to now include 33kW inverter supplier for SunPower’s AC and 40kW, while the range of its three-phase Modules,” said Badri Kothandaraman, inverters with synergy technology will now reach president and CEO of Enphase Energy. up to 120kW. The new range of inverters adds “The IQ 7XS 320W AC microinverter in a number of innovative features, including the an ACM strongly complements Sun- introduction of SolarEdge’s new user interface Power’s high efficiency solar cells, com- for simplified installation and commissioning. In munication and racking to create a high S performance, high quality and easy-to-use addition, its innovative PID Guard mitigates and Equinox™ Home Solar System, providing prevents the build-up of PID and is fully embed- exceptional value to homeowners, deal- ded into the inverter. Furthering the scalability ers and architects.” of its commercial power optimizers, SolarEdge is launching its M1500 power optimizer that has IQ 7 is Enphase’s seventh-generation micro- two inputs and two MPPTs for connection of inverter platform leading the industry with its up to four panels. The new commercial power software-defined architecture, broad regulatory optimizer allows for up to 35% more power per compliance, advanced “Smart Grid” features, string, with strings up to 20.5kW. and a high fire safety rating. The IQ 7XS “After introducing our commercial inverters microinverter offers 97.5% CEC efficiency and with synergy technology, we are committed to was designed specifically for the SunPower’s X continuing to enhance the features and capabili- Series 96-cell PV modules with peak AC output ties of our solutions through innovation and P engineering excellence,” stated Lior Handels- power of 320W and a Maximum Power Point (MPP) tracking range of 53-64V. “SunPower customers will continue to see man, VP of Marketing and Product Strategy of the same quality, high performance that they see now as En- SolarEdge, founder. “With the industry look- phase exclusively co-develops microinverters for our industry ing for solutions to improve the scalability and leading residential Equinox solar product,” said SunPower economics of commercial PV systems, while still CEO Tom Werner. “As a result of this strategic partnership, benefiting from optimization and high-resolution SunPower looks forward to benefitting from Enphase’s exper- monitoring, we are leading the way with our new tise, allowing us to continue containing costs, leveraging R&D solutions that drive future progress.” support and helping streamline our business priorities.” Intersolar Europe attendees we wwwre The transaction is expected to close at the end of the third invited to visit the SolarEdge booth, located at quarter of 2018 subject to product qualification and other clos- Hall B3, Booth 110, to meet with local and global ing conditions under the definitive asset purchase agreement. members of our management and sales teams, learn more about SolarEdge’s newest product offerings, and participate in daily booth tours. Source: Enphase Energy, Inc. Source: solaredge www.EQMagPro.com EQ August 2018 9 TECHNOLOGY THIN-FILM SOLAR CHARGING PACK TO PROVIDE CHARGING ANYWHERE ANYTIME; THIN-FILM SOLAR BACKPACK TO PRO- VIDE USERS WITH WORRY-FREE MOBILE CHARGING CAPACITY At the Asia Consumer Electronics Show (CES) held in Shanghai on June 13th, 2018, Hanergy, a pioneering multinational clean energy company, unveiled two of its innovative, next-generation mobile energy solutions: hin-film solar charging pack, an permissible to take on commercial on-the-go electricity generator and flights. storage device; and a thin-film Hanergy’s new-generation thin- solar backpack, equipped with film solar backpack is designed thin film solar panels for on-the-go with the needs of a youthful, charging of personal electronics.
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