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VOLUME 10 Issue # 7 74 INTERNATIONAL OWNER : FirstSource Energy India Private Limited 3 SURPRISING PLACE OF PUBLICATION : 95-C, Sampat Farms, 7th Cross Resource Implications Road, Bicholi Mardana Distt-Indore From The Rise Of Electric Vehicles 452016, Madhya Pradesh, INDIA ELECTRIC VEHICLE Tel. + 91 96441 22268 www.EQMagPro.com EDITOR & CEO : ANAND GUPTA [email protected] 68 PUBLISHER : ANAND GUPTA PRINTER : ANAND GUPTA TRENDS & ANALYSIS SAUMYA BANSAL GUPTA [email protected] PUBLISHING COMPANY DIRECTORS: ENERGY STORAGE ANIL GUPTA ANITA GUPTA Stanford researchers have developed a water- based battery to store solar and wind energy CONSULTING EDITOR : SURENDRA BAJPAI HEAD-SALES & MARKETING : GOURAV GARG 46 [email protected] 48 Sr. CREATIVE DESIGNER ANAND VAIDYA [email protected] GRAPHIC DESIGNER : RATNESH JOSHI BUSINESS & FINANCE BUSINESS & FINANCE SUBSCRIPTIONS : $300 Million World Bank Opera- Azure Roof Power Announces GAZALA KHAN CONTENT tion to Help Scale Up India’s.. US$ 135 Million Financing [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 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 13 14 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 ACHIEVEMENTS ACHIEVEMENTS 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 SWELECT Solar PV Modules Amplus Solar Conferred commercial purpose,you need written permission from EQ International. join the Global List of Tier-1 With European Award for Ranking Best Practices 2018 6 EQ July 2018 www.EQMagPro.com 65 62 INTERVIEW WITH MR. SAURABH BHANDARI SOLAR MAXX ENERGY STORAGE Demand For Lithium Is Growing Rapidly As LI- ION BATTERIES ... 4672 54 INVERTER FUCHERED PV MANUFACTURING SOFARSOLAR Shows Strength China’s Bombshell Solar Policy Heraeus assists Solarspace to In Intersolar Exhibition And... Shift Could Cut Expected... 24 join the 10GW Club Solarspace TECHNOLOGY TECHNOLOGY GCL SI Unveiled New 20.66% – LONGi Solar High-efficiency Modules Sets Another World 08 Featuring MBB Technol 10 Record For 60-cell ... TECHNOLOGY Hanwha Q CELLS to 12 Launched Q.ANTUM Solar Module Series Q.PEAK-G5.. 33 36 EQ NEWS INDIA ROOFTOP & OFFGRID Pg. 07-29 Amplus Solar Conferred National Wind-Solar Hybrid Policy CleanMax Solar Donates a Solar With European Award for Released : Synergies of Energies Plant to Ahinsa Sthal in Delhi Best Practices 2018 www.EQMagPro.com EQ July 2018 7 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. 8 EQ July 2018 www.EQMagPro.com TECHNOLOGY JINKOSOLAR RECEIVES PID CERTIFI- LONGI SOLAR LAUNCHES HALF-CUT BIFA- CATION FROM TUV NORD FOR ENTIRE CIAL PERC HI-MO3 MODULE RATED AT 320W PORTFOLIO OF PV MODULES ON THE FRONT-SIDE global leader in the solar PV at SNEC 2018, LONGi Solar released its Hi-MO3, an innovative half-cut bifacial n-mono PERC module. industry, announced that its entire This is another advanced PERC cell and module construction by LONGi Solar which follows on the portfolio of PV modules has passed heel of its Hi-MO1 PERC low-LID module in 2016 and Hi-MO2 bifacial PERC module in 2017. the Potential Induced Degradation i-MO3 uses half-cut techniques to reduce the (“PID”) resistance test under the operating current of the cell by half, effectively conditions of 85 Degrees Cel- reducing resistance losses and increasing sius/85% relative humidity (“double power by 5-10 watts on average. With bifacial G 85”) as required by TÜV Nord’s IEC technology, the front-side power of the module TS 62804-1 standards. As a global leader in the solar reaches 320W (60-cell), and the bifaciality is PV industry, JinkoSolar recognizes the harm brought higher than 75%. Under shaded conditions, about by PID and has devoted resources over the Hi-MO3 yields more energy than a full-cell course of its history towards increasing the PID H module array. The advantages of Hi-MO3 include lower hot spot resistance of its entire portfolio of modules. In August temperature that reduces LCOE by a factor of 10% or more 2012, JinkoSolar became the first PV company to compared to conventional products at all irradiation levels. pass the anti-PID test under double 85 conditions. In January 2013, JinkoSolar unveiled the world’s first “This 3rd generation of Hi-MO with higher double 85 certified PID-free solar module. In Novem- power, higher yield, lower hot spot effect ber 2016, JinkoSolar became the first PV module further improves product efficiency and manufacturer to guarantee anti-PID under double 85 performance which in turn accelerates the conditions. In July 2017, JinkoSolar became the first reduction of LCOE,” Zhong Baoshen, Chair- PV module provider to guarantee that all its standard man of LONGi, said. “It’s the result of the mass produced PV modules meet IEC62804 double R&D team’s relentless focus in technologi- anti-PID standards. cal innovations. We expect that the launch of Hi-MO3 can bring new breakthroughs to the development of the industry.” Mr. Kangping Chen, JinkoSolar’s { Chief Executive Officer, com- “PV power generation as a strategic mented, “Through our relent- emerging industry in China has huge less efforts over the years, we development potential for the future. are pleased to announce that all PV companies must have a sense of re- our regular mono and polycrys- sponsibility and mission to continuously talline PV modules meet TÜV make innovations and progress,” said Nord’s IEC TS 62804-1 double Li Junfeng, former director of National 85 anti-PID standards. I believe Center for Climate Change Strategy and this demonstrates our leader- International Cooperation. ship position when it comes { to developing and promoting Shi Dinghuan, Former Counselor of the global PV standards. State Council and honorary chairman of { China Renewable Energy Society, added, We have made great progress in improving our system “the advancement of energy revolution and voltage and in developing anti-PID technology in order green revolution requires the promotion of to guarantee that our products operate reliably under technical innovation in PV products, con- the toughest conditions and ensure the investment tinuous improvement of photoelectric con- return for our customers and the constant and stable version efficiency and PV investment value, output of our PV systems.” {and further acceleration of grid parity. LONGi has continuously increased R&D investment in the sci- ence and technology of mono-crystalline. In the past five years, the company invested a total of RMB 2.464 billion. In 2017 alone, the company invested RMB1.108 billion, 6.77% of its sales, into R&D, the highest among PV companies in the world. With continuous R&D investment, LONGi Solar has made remarkable technological progress. Since September 2017, In 2017, LONGi Solar shipped 4.66GW monocrystalline modules, ranking first in the world in monocrystalline cell and module shipments for three consecutive years. The release of Hi-MO3 is expected to further accelerate the progress of PV grid parity. www.EQMagPro.com EQ July 2018 9 TECHNOLOGY GCL SI UNVEILED NEW HIGH-EFFICIENCY MODULES FEA- JINKOSOLAR BREAKS TURING MBB TECHNOLOGY AT SNEC PV POWER EXPO WORLD RECORDS New Products To Power Expansion Into Emerging Markets FOR BOTH P-TYPE CL System Integration Tech- efficiency portfolio come in two nology Co., LTD. (SZ: 002506) series, normal single-glass AND N-TYPE PV MOD- (“GCL-SI”), a subsidiary of photovoltaic (PV) modules GCL Group, China’s leading and glass-to-glass bifacial ULE POWER energy service provider, has modules. The power output of premiered four new mono- the single-glass MBB polycrys- JinkoSolar Holding Co., Ltd. (NYSE: JKS) crystalline and polycrystalline talline modules hits 305W in (the “Company,” or “JinkoSolar”), a global G modules featuring Multi-Busbar mass production, making them leader in the solar photovoltaic industry, (MBB) technology at the SNEC the normal-type polycrystalline announced that the 60P version of its P-type PV Power Expo in Shanghai.