VOLUME 10 Issue # 9 42 INTERNATIONAL OWNER : FirstSource Energy India Private Limited PLACE OF PUBLICATION : FEATURED 95-C, Sampat Farms, 7th Cross What Financiers Need to Unlock $1 Trillion in Road, Bicholi Mardana Distt-Indore Renewable Energy Investment 452016, Madhya Pradesh, INDIA Tel. + 91 96441 22268 www.EQMagPro.com EDITOR & CEO : ANAND GUPTA [email protected] 58 PUBLISHER : ANAND GUPTA PRINTER : ANAND GUPTA TRENDS & ANALYSIS SAUMYA BANSAL GUPTA [email protected] PUBLISHING COMPANY DIRECTORS: ANIL GUPTA FEATURED ANITA GUPTA Techno-Economic Analysis of Stand-alone Solar PV and Battery based Micro-grids in Karnataka CONSULTING EDITOR : SURENDRA BAJPAI HEAD-SALES & MARKETING : GOURAV GARG [email protected] Sr. CREATIVE DESIGNER ANAND VAIDYA [email protected] GRAPHIC DESIGNER : 33 28 RATNESH JOSHI BUSINESS & FINANCE BUSINESS & FINANCE SUBSCRIPTIONS : Green Climate Fund meeting BlackRock plans its largest GAZALA KHAN CONTENT ‘disappointing’, chief quits ever alternative investment [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 34 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. 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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 RESEARCH & ANALYSIS your personall,Non-Commercial use, provided you keep intact all copyright and Renewable Energy other proprietary notices.If you want to use material for any non-personel,non GreenBrilliance USA annou commercial purpose,you need written permission from EQ International. nces PV manufacturing in Certificates to Continue the United States Face Regulatory Chal- lenges: Ind-Ra 6 EQ September -Part B 2018 www.EQMagPro.com 36 INTERVIEW WITH MR. SVEN KRAMER Vice President Sales team- technik group, Germany TECHNOLOGY Growatt smart new inverter solutions 40 impress visitors at Intersolar 2018 26 14 16 SOLAR PROJECTS SOLAR PROJECTS PV MANUFACTURING Vadodara airport to switch to Azure Power Wins 160 MW Solar State of the Art Factory Open- solar power soon... Power Project with the Highest ing by Sungrow for India Base 23 19 TECHNOLOGY SOLAR PROJECTS BlackRock plans its largest ISRO Develops Technology To HFM Solar commissions 330 kWp ever alternative investment Mass Produce Solar Cells In... Roof-Top Solar Plant in Guwahati... INDIA Centre asks states to use 07 allocated funds for electri- fication of all... EQ NEWS 10 11 Pg. 07-29 RESEARCH & ANALYSIS INDIA INDIA PRODUCTS $250 Million World Bank Loan to Gujarat HC notice to govt on allot- Support Electricity Distribution ment of village land for windmill Pg. 76-77 Sector Reforms in Rajasthan, projects www.EQMagPro.com EQ September -Part B 2018 7 EQ-August-2G-200x190mm 20180719.pdf 1 2018/7/19 15:14:07 e India Expo Centr 18-20 Sep. REI 2018 3.61 Huawei Booth: C M Y CM MY CY CMY K HUAWEI is a leading global information and communications technology (ICT) and network energy solutions provider. As a Fortune 500 company, its solutions, products and services are used in over 170 countries. With over USD $61B invested into R&D over the past decade, Huawei continues to innovate based on customer needs and are committed to delivering maximum value. With an established presence in solar markets worldwide, Huawei provides new generation string inverters with smart management technol- ogy to create a fully digitalized Smart PV Solu- tion – FusionSolar. FusionSolar is smart, safe and reliable whilst consistently delivering high yields and ROI, making Huawei the preferred choice for investors and developers worldwide. Huawei’s vision and mission is to bring digital to every per- son, home and organization for a fully connected, intelligent world. 8 EQ September -Part B 2018 www.EQMagPro.com INDIA CENTRE ASKS STATES TO USE ALLO- CATED FUNDS FOR ELECTRIFICATION OF ALL HOUSEHOLDS BY DECEMBER Union Power Minister R K Singh asked all states to use allocated funds under various schemes, including IPDS and DDUGJY, to achieve the electrification target for all households by year-end. Regarding coal, Singh said the more efficient plants as tariff is dry fuel will continue to be an low there. This will not require any issue for 2-3 years until the new change in the power purchase mines open up because country’s agreements. This will help bring power demand and electricity down the cost of power.” reach is increasing which indicates On the unscheduled load shed- good GDP or economic growth. ding or power cuts, he said:”If The minister also cited increase there is load shedding we would in per capita consumption with impose penalty (from April 1, rising prosperity as one of reasons 2019). All of us have agreed on for rising power demand and coal this earlier. Besides, if we don’t shortage. He said the centre has plug in losses, reduce cross asked all states to import coal for subsidy and transfer subsidy by “We are giving funds. meeting their demands and also direct benefit transfer, we cannot But those allocated take steps to augment supply to improve the financial health of funds are not being used. power plants by improving trans- discoms.” We are not able to use port infrastructure like rail sidings. “Crores of people are deprived money. If we don’t use The minister also talked about of electricity in the country. No that (funds), we would liberalising power supplies by country can be developed if there generation firms. He said:”Power is load shedding and people live not be able to reach generation companies should without electricity. It is a chal- any home (or electrify be allowed to supply power from lenge,” he added. them),” Singh said. Under Saubhagya scheme, the government wants to energise over 40 million unelectrified households in the country. The Rs 16,320 crore scheme was launched in September last by Prime Minister Narendra Modi. At pres- e was addressing a confer- ent, over 7 million families have been provided electricity under the scheme. ence of power and renewable energy ministers of states & On this occasion, Himachal Pradesh Chief Minister Jairam Thakur UTs here. He underlined how sought 35 years long-term finance and speedy forest clearance for hydro Rs 42,000 crore was sanctioned power plants so that this renewable source of energy can be harnessed. under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), Talking to reporters, Delhi Power Minster H but just Rs 9,000 crore has Satyendra Jain said Delhi’s Dadri, Badarpur been spent by states and UTs. Moreover, under Integrated and Jhajjar power plants are still reeling Power Development Scheme under coal shortage. He cautioned that unless (IPDS), a total of Rs 75,000 coal supplies are improved, blackouts will crore was sanctioned. About continue in Delhi. Asked about power minis- the household electrification try’s initiative on ramping up coal supplies, scheme Saubhagya, he said: Jain said:”Whenever I raise this issue, coal “We have larger target ahead of is supplied to power plants but again the situ- us. How can we remove poverty without providing energy access ation comes to square one. They have to en- to all. We will provide electricity sure at least 15 days of coal stocks at power to all households by December plants which is a norm. “The Centre is follow- 31, 2018 and not by March 31, ing our foot steps as far as imposing penalty 2019 as envisaged earlier in the for unscheduled power cuts is concerned. We scheme.” started this. We will soon implement this.” INDIA EESL SIGNS MOUS WITH DISCOMS TO INSTALL 10 LAKH SMART METERS IN HARYANA Memorandums of Understanding signed with DHBVN (Dakshin Haryana Bijli Vitran Nigam) and UHBVN (Uttar Haryana Bijli Vit- ran Nigam) to deploy smart meters in Gurugram, Faridabad, Hisar, Karnal, Panipat and Panchkula. Smart meters will enable consumer convenience and ensure im- proved service delivery. Energy Efficiency Services Limited (EESL), under Ministry of Power, Government of India, signed two MoUs (Memorandums of Understand- ing) with UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin BACKSHEET Haryana Bijli Vitran Nigam) to install 10 Lakh Smart Meters in Haryana. he MoUs entail supply and installation of Smart Meters in Gurugram, Faridabad, Hisar, Karnal, Panipat and Panchkula within 3 years in a phased manner. EVA FILM Haryana Chief Minister Shri Manohar Lal Khattar has recently accorded ap- proval for installation of 10 lakh smart power meters in five districts of the T state.The MoU with EESL was signed by Shri S.K. Bansal, Director/Operations from DHBVN and SOLAR CELLS Shri Naresh Sardana, Director/T1 from UHBVN. EESL was represented by Shri Raj Kumar Luthra, General Manager, Smart Meters National Programme.