The Increasing Demand for Solar Electrical Energy

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The Increasing Demand for Solar Electrical Energy www.EQMagPro.com EQ February 2018 5 VOLUME 10 Issue # 2 40 INTERNATIONAL OWNER : 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 ELECTRIC VEHICLES www.EQMagPro.com Tata Power makes Mumbai Electric Vehicle Ready; sets up strategic additional EDITOR & CEO : ANAND GUPTA [email protected] PUBLISHER : ANAND GUPTA PRINTER : 46 ANAND GUPTA TRENDS & ANALYSIS ENERGY STORAGE SAUMYA BANSAL GUPTA Siemens Financial [email protected] Services and PUBLISHING COMPANY DIRECTORS: Fluence announce ANIL GUPTA comprehensive ANITA GUPTA financing program for energy.... CONSULTING EDITOR : SURENDRA BAJPAI HEAD-SALES & MARKETING : GOURAV GARG 08 [email protected] Sr. DESIGNER : ANAND VAIDYA DESIGNER : RATNESH JOSHI ROOFTOP & OFFGRID SUBSCRIPTIONS : India to achieve universal GAZALA KHAN electrification under [email protected] CONTENT Saubhagya scheme in 2018 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 22 23 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 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 BUSINESS & FINANCE your personall,Non-Commercial use, provided you keep intact all copyright and BUSINESS & FINANCE other proprietary notices.If you want to use material for any non-personel,non CDC launches Ayana commercial purpose,you need written permission from EQ International. ReNew Power raises Renewable Power, appts Rs 2,235 cr from NCD PJ Nayak as Chairman 6 EQ February 2018 www.EQMagPro.com 44 ROOFTOP & OFFGRID AFRICAN DEVELOPMENT BANK, Nordic Development Fund, Global Environment Facility INTERVIEW and Calvert Impact Capital partner in US $55-mil- Exclusive Interview with lion investment into Off-Grid Energy Access Fund 28 Rajeshwara Bhat 43 PV MANUFACTURING ACWA Power and Hua- INTERVIEW INTERVIEW wei launch programme Exclusive Interview with Exclusive Interview with to enhance efficiency of Soumyen Mukherjee Jason Chow solar plants 26 32 16 PV MANUFACTURING PV MANUFACTURING First Onsite EL Testing in Canadian Solar, Photowatt And India @ Mahindra Susten Ecm Greentech Plan To Form A Jv 42 Pvt. Ltd. Company In Low-Carbon... 14 54 36 INTERVIEW Exclusive Interview with Gaurav Mathur Products Pg. 71-76 INDIA POLICY & REGULATION Average spot power price GOA STATE SOLAR POLICY - 2017 drops 15% in Dec to Rs 3/unit www.EQMagPro.com EQ February 2018 7 8 EQ February 2018 www.EQMagPro.com GOODWE, GOOD CHOICE! Maximize the profit of your commercial rooftops & utility 50/60KW projects with MT series 4 MPPT 400Vac Inverter DC Max 30% DC Input Full-load Oversizing Ratio Running at 50°C MT Series 2.0 AC Local Service In India 15% AC Output 20% More GoodWe Power Supply Technology Co.,Ltd Overloading Ratio Compact +91 9769 3475 60 [email protected] www.goodwe.com ROOFTOP & OFFGRID GAIL COMMISSIONS INDIA’s secOND laRGEST ROOFTOP SOlaR PlaNT IN UP India plans to have 40 GW of rooftop photovoltaics (PV) by 2022. This is part of its target of having 175 IT CURRENTLY HAS 60 GW OF GW of non-hydro renewables capacity by that time. RENEWABLE ENERGY CAPACITY. tate-owned gas utility GAIL India Ltd The plant over the roofs of warehous- said it has commissioned the coun- es covers a total area of 65,000 square try’s second largest rooftop solar meters. power plant. The firm has installed “With an expected PLF of around a 5.76 MWp (Mega Watt peak) solar 15 per cent annually, over 79 lakh KWh S plant at its petrochemical complex at (or units) of electricity is targeted to Pata in Uttar Pradesh, be generated for captive use of India’s largest gas-based petrochemcials GAIL Chairman and Managing plant,” it said. Director B C Tripathi said the com- pany as a marketer of benign natural Tata Power Solar had in December gas is thrilled to integrate captive 2015 commissioned a 12 MW solar solar PV towards achieving lower rooftop project in Amritsar, which pro- carbon footprint at its installations. duces more than 150 lakh units of power Captive solar power initiative of annually and offset over 19,000 tonne of GAIL will reduce carbon emissions carbon emissions every year. by 6,300 tonnes per annum and India plans to have 40 GW of rooftop help India achieve climate goals, the photovoltaics (PV) by 2022. This is part of its target of having 175 GW of non-hydro statement said. “GAIL’s solar rooftop renewables capacity by 2022- made up of project is also a step under ‘Make in 60 GW onshore wind, 60 GW utility-scale India’ with Indian vendors entrusted solar, 10 GW bio-energy, 5 GW small for manufacture, supply and execu- hydro and 40 GW rooftop solar. tion.” Source: PTI www.EQMagPro.com EQ February 2018 11 ROOFTOP & OFFGRID INDIA TO ACHIEVE UNIVERSAL ELECTRIFICATION UNDER SauBHagYA SCHEME IN 2018 “The distribution sector is set to The government has planned installation of more and more attract the most attention, from pre-paid meters household electrification to fran- chisee bids. We will see a new set Seventy years after independence, India is racing to connect thousands of of players entering. Unbundling villages with electricity as it looks to accelerate growth whose dividend of wires and supply can spur are distributed to all. innovation in business models,” Kameswara Rao Partner-energy & he new year will see the government accelerate ef- forts to achieve the mammoth task of reaching power utilities PricewaterhouseCoopers to more than a quarter of a billion people who lack said. access to electricity. Year 2017 was an important year, when government unveiled Rs 16,320 crore Pradhan T Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) in He said, “There’s a huge expectation that the government September to provide electricity connection to around and utilities run a proper pipeline of bids. In its absence new 4 crore families in rural and urban areas by March capital and local supply chain can dry up.” He is of the view 2019. However, the Power Ministry’s internal target to that utilities facing the impact of competition and loss of com- achieve universal electrification under the Saubhagya mercial load are likely to get their act together by investing in scheme is December, 2018. technology and younger workforce. Providing a connection would not help the poor The Ujwal DISCOM Assurance Yojana (UDAY) for financial people particularly in rural in view of their lower paying and operational turnaround of discoms was launched in No- capacity and irregular incomes. In order to boost elec- vember, 2015. The scheme aims to provide permanent solu- tricity consumption particularly in rural areas under tion to legacy of debts of approximately Rs 4.3 lakh crore and the Saubhagya scheme, the government has planned address potential future losses. The scheme also envisages installation of more and more pre-paid meters. reform measures in all sectors generation, transmission, dis- tribution, coal, and energy efficiency. The scheme availability period expired on March 31, 2017. Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu signed MoUs with the Government of India under UDAY Scheme on November 20, 2017. With this, 27 states and four UTs have joined UDAY till date. Under the Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) projects worth Rs 42,565 crore have been sanctioned in 32 States/ UTs. As on November 30, 2017, electrification in 1,24,219 villages and intensive electrification in 4,68,827 villages has been completed. Free electricity connections to 277.20 lakh BPL (below poverty line) households have been released. As many as 18,452 census villages in the country out of total inhabited villages of 5,97,644 as per census 2011 were reported un-electrified by the states on April 1, 2015. Power Minister R K Singh on several occasions As on November 30, 2017, electrification in 15,183 villages talked about the installation of pre-paid as well has been completed and 1,052 villages have been reported as smart metres in the coming days for online un-inhabited. The remaining 2,217 villages are expected generation, service and payment of electricity to be electrified by May 1, 2018. These 2,217 villages are bills without human interface. located in Arunachal Pradesh (1,069), Assam (214), Bihar (111), Chhattisgarh (176), Jammu & Kashmir (99), Jharkhand The objective of Saubhagya scheme is to provide last mile (176), Karnataka (8), Madhya Pradesh (34), Manipur (54), connectivity and electricity connections to all households in rural Meghalaya 50), Mizoram (11), Odisha (182) and Uttarakhand and urban areas.
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