EQ INT'L Magazine October 2015 Edition by EQ Int'l Solar Media Group

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Rajnesh Trivedi Sr. Director YES BANK

Thomas Lapham CEO Asia Clean Capital Ltd.

Tarun Sharma Director New Enterprise Associates

Tanya Singhal Founder/Director SolarArise

Rajendra Nimje Pankaj Sehgal MD Managing Director Karvy Solar Power Ltd. SUN Group

Diniesh Vij CEO PFC-GEL

Ravi Khanna CEO,Solar Business Aditya Birla Group

J. Krishna Sankar Managing Director Eastern Power & Systems Pvt Ltd.

RajaRam Pai Business LeaderSouth Asia DuPont

Rupesh Agarwal Alipt Sharma Associate Partner Principal Lead-Energy GEF Advisors India BDO India LLP

Nimish Jain Deputy Director-Asia Pacific Jinko Solar

Nirupama Guruprasad Jt. GM ICICI Bank

Hitesh Doshi Naveen Khandelwal Rajeev Kumar Gupta Assistant General CMD Head-Investments Manager Waaree Energies & Strategy IIFCL Hero Future Energies

Manpreet Singh Associate Director Climate Change & Sustainibility KPMG

Ambrish Singh Director, Global Credit and Special Situations Group DSP Merrill Lynch Capital Limited (a subsidiary of Bank of America Corporation)

Arun Joshi Manager-Legal L & T Infra Finance

Ramesh Dharmaji CGM SIDBI

Manish Chourasia MD JV-IFC & TATA Capital

Dr. Pankaj Agarwal Managing Director Panitek AG Executive Board Swiss India Business Forum Speaker From CITIBANK

CONFIRMED SPEAKERS - 3rd EQCFS mumbai- 15 & 16 OCT 2015

TIME : 9:30 -10:00 AM

DAY 1 Inaugural Session

OCT.

Kerry Adler Director, President & Chief Executive Officer Skypower Global

TIME : 10AM to 11:30AM

Equity

Girish Nadkarni Partner IDFC PE

Karan Suri, ED Morgan Stanley

Anirban Sen Director Kotak Infra Fund

Pinaki Bhattacharya Chief Strategy & Investment Officer (Head) New Ventures Sterlite Technologies Ltd

Ravi Khanna CEO Solar Power Business Aditya Birla Group

Pankaj Sehgal MD Sun Group

Rupesh Agrawal Advisory Partner Lead-Energy BDO India LLP

Pranav Mehta Chairman NSEFI

TIME : 11:30AM-12:00 PM

Networking Tea/Coffee Break

TIME : 12:00 -1:30 PM

Debt Financing

Kuljit Singh Partner Transaction Advisory Services Infrastructure, Industrial & Consumer E&Y

Manish Chourasia MD JV-IFC & TATA Capital

Ajay Gupta Head - Infrastructure Finance HDFC

Speaker CITIBANK

Prashant Sinha Head - Energy L&T Infra Finance

DineshVij CEO PFC - GEL

TIME : 1:30 to 2:30PM

Networking Lunch

TIME : 2:30 -4:00 PM

I Banking & Equity

Rajat Misra Sr VP SBI Capital Markets Ltd

Rahul Goswami MD Greenstone Investment Bank

Ketan Jasubhai shah Head - I Banking Daiwa Capital Markets

Kiran Jethwa Managing Partner Fumase

Bharat Bhushan Agarwal SrAnalyst Bloomberg New Energy Finance

Tarun Sharma Director New Enterprise Associates

Rajaram Pai Business Leader PV DuPont

TIME : 4:00-4:30 PM

TIME : 4:30 -6:00 PM

Networking Tea/Coffee Break International Finance

PranavBhuta Investment Principal Guuggenheim Global Infrastructure Co

Amit Rama Director UK Climate Investments & Green Investment Bank

Institutional Partner

Krishnan Pallassana ED India The Climate Group

Dr. Pankaj Agarwal Managing Director Panitek AG Executive Board, Swiss India Business Forum

Alipt Sharma Principal GEF Advisors India

Supporting Association

M Rusydi Director Capital Investments BCI Brisbane

Thomas Lapham CEO Asia Clean Capital Ltd.

Supporting Organisation

CONFIRMED SPEAKERS - 3rd EQCFS mumbai- 15 & 16 OCT 2015 DAY 2

TIME : 9:30AM -10:30 AM

Indian Developers & Ipp Perspective

C Narsimhan CMD Raasi Group of Companies

Anil Mehta CEO Atha Group

OCT.

Rajendra Nimje Ex-MD, SECI MD Karvy Solar

Hitesh Doshi CMD Waaree Energies Vinay Kumar COO Greenko Energies Pvt Ltd

Naveen Khandelwal Head Investments & Strategy Hero Future Energies

Tanya Singhal Founder & Director SolarArise

TIME : 10:30-11:30 AM

International Developers Perspective

Anchit Gupta Director - Business Development Focal Energy

Mohua Mukherjee Sr Energy Specialist World Bank

Nimish Jain Deputy Director APAC Jinko Solar

Gaurav Sood MD Solaire Direct Energy India Pvt Ltd

TIME : 11:30AM-12PM

Networking Tea/Coffee Break D

TIME : 12:00-1:30 PM

Debt Financing

Abhilakh Singh General Manager IREDA

Manpreet Singh Associate Director Climate Change & Sustainability KPMG

Nirupama Guruprasad Joint GM ICICI Bank

Rajeev Kumar Gupta Assistant General Manager IIFCL

Ramesh Dharmaji CGM SIDBI

Aswini Kumar Head-Credit Tata Cleantech Capital

Arun Joshi Manager-Legal L&T Infra Finance

TIME : 1:30-2:30 PM

Networking Lunch

TIME : 2:30-4:00 PM

Equity

Rupa Pandit MD Nereus Capital

Abhishek Bansal Investment Principal Actis

Vikash Bagla Associate Director Macquarie Bank

Ashootosh Sharma Director Equis Funds Group

Balwant Joshi MD Idam Infra

Ambrish Singh Director, Global Credit and Special Situations Group DSP Merrill Lynch Capital Limited (a subsidiary of Bank of America Corporation)

Abhay Anand Director-足Corporate Finance Grant Thornton

TIME : 4:00-4:30 PM

TIME : 4:30-6:00 PM

Networking Tea/Coffee Break I Banking / Investors Perspective

Rajnesh Trivedi Senior Director Yes Bank

Sanjeev Gupta MD Nexgen Financial Services

Prashant Maniar Founder Encito Advisors

J Krishna Sankar Managing Director Eastern Power & Systems Pvt. Ltd.

Khawar Iqbal Director (Project & Export Finance) HSBC Securities & Capital Markets

Session Formats :10-12 Minutes of Independent Speech/Presentation by each panelists at the beginning 20 Minutes of Panel discussion 10 Minutes of Audience Q&A, Interaction etc..

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CONTEN T

VOLUME 7 Issue # 10

08 “State Distribution Utilities Third Annual Integrated Rating” Released By Shri Piyush Goyal, MNRE Minister

29 Over € 1 billion German package for solar projects in India

20 Enel Green Power Enters Indian Market By Acquiring A Majority Stake In Blp Energy

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 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 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 commercial purpose,you need written permission from EQ International.

Chinese Energy Giant GCL Group Chose India as its First Overseas Market to “Make Deep Commitment”

Solar Rooftop & Off Grid Save On Your Electricity Bills For Up To 25 Long Years With Tata Power Solar

IFC Expands Access To Affordable Quality-Assured Solar Products In Rural Rajasthan

Approval Of Offshore Wind Energy Policy

Trina Solar-Led National PV-Related Standard Officially Published

Exclusive Interview

With Jim W Mullin, Applied Materials Inc.

DEWA Calls For Expression Of Interest (EOI) For 800MW Phase Three Of The Mohammed Bin Rashid Al Maktoum Solar Park

Achieving Increased Reliability in Photovoltaic Installations

36 India To Provide 24x7 Power By 2019: Shri Piyush Goyal

Shri Piyush Goyal Addresses India-US Ministerial Energy Dialogue; Emphasizes Indiaâ&#x20AC;&#x2122;s Committment To Pursue A Green Path To Growth

07 PM Meets Heads Of Delegations Of LikeMinded Developing Countries, In The Run-Up To COP-21 In Paris

How does a Grid Connected Captive Rooftop Solar Power Plants Operate?

CON TE NT

Cover JinkoSolar (NYSE: JKS) is a global leader in the solar industry. The Company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, US, Japan, Germany, UK, Chile, South Africa, India, Mexico, Brazil, UAE, Italy, Spain, France, Belgium, etc. JinkoSolar has built a vertical-integrated solar product value chain, with an integrated annual capacity of 2.5 GW for silicon ingots and wafers, 2.0 GW for solar cells, and 3.2 GW for solar modules, by December 31, 2014. JinkoSolar has also connected around 500MW of solar projects to the grid, by December 31, 2014.

11 global branches in Germany, Italy, Switzerland, US, Canada, Australia, Singapore, Japan, India, South Africa and Chile; 12 sales offices in China, Spain, UK, UAE, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Brazil, Costa Rica and Mexico; and five production facilities in China, Portugal, South Africa, and Malaysia.

JinkoSolar has over 13,000 employees and over 200 dedicated R&D professionals covering

Eq News

POST SHOW REPORT

7-32

PV MANUFACTURING 54

REI 2015 Reiterates Renewed Thrust On Renewable Energy In India

SOLAR ENERGY

Fourth Partner Energy Raises Series-A Round From Marquee Investor

55 PID & LID - Devastating Phenomena For PV Plants

PRODUCTS 62-72

PowerGrid To Set Up Lines To Link Solar Parks With ISTS

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POLICY REGULATIONS

PM Meets Heads Of Delegations Of LikeMinded Developing Countries, In The RunUp To COP-21 In Paris In the run-up to COP-21, the UN Climate Change Conference in Paris, scheduled later this year, the Prime Minister Shri Narendra Modi recently met the Heads of Delegations of Like-Minded Developing Countries (LMDCs) in New Delhi.

ndia has hosted a meeting of the LMDCs recently.Interacting with the delegates, the Prime Minister emphasized that the world, which is now well aware of the challenge of climate change, also needs to be made aware about the principle of climate justice. He said there is a need to counter the atmosphere being created by certain groups, including in developing countries, that development and growth are enemies of the environment - and all those who pursue development and growth are therefore guilty. He said that the world needs to be convinced that developing countries are not enemies of environment. The Prime Minister suggested that there should be a common school syllabus on environmental subjects across the world, both in developed and developing countries, so that the younger generation grows up with common goals in the battle against climate change.The Prime Minister laid emphasis on the need for the developed world to fulfil its commitments with regard to sharing clean technology, and providing financial assistance to help the developing world combat climate change, while simultaneously meeting its legitimate development aspirations.

He said that while the developed countries should have targets for emission cuts, developing countries should work on targets of encouragement, such as initiatives towards renewable energy and green buildings. The Prime Minister called for a change in lifestyle to reduce energy consumption. He said India stands shoulderto-shoulder with the LMDCs on climate issues.The Union Minister for Environment and Forests, Shri Prakash Javadekar, was present during the interaction.

Mr. Nitin Nampalli Joins Brij As Advisor R&D

rij Encapsulants, Indiaâ&#x20AC;&#x2122;s first and leading manufacturer of solar EVA encapsulants, announced recently that its board of directors has appointed Mr. Nitin Nampalli, doctor and at the prestigious University of New South Wales, as Advisor Research & Development of the EVA encapsulation business of the company. Mr. Nampalli is a PhD fellow researching solar photovoltaics at the University of New South Wales (UNSW). He has considerable research expertise in silicon photovoltaics at the cell and module-level and his work experience includes Suntech R&D Australia, UNSW and the Interuniversity Microelectronics Centre (IMEC, Belgium). Nitin has authored numerous publications in the field of photovoltaics

including 10+ academic publications, and over 50 technology review articles and white-papers. Nitin holds a Masters in Renewable Energy Engineering from UNSW (Australia) and is the recipient of numerous academic honours and awards, including the Australian Renewable Energy Agencyâ&#x20AC;&#x2122;s Research Excellence Award for his pioneering post-graduate work in improving silicon photovoltaic module efficiency using patented hydrogen passivation methods. The team at Brij is excited to have Mr. Nampalli on board and is confident about providing even better products and services to all our customers. We thank Mr. Nampalli for his acceptance and wish him well with his next steps.

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POLICY REGULATIONS

“State Distribution Utilities Third Annual Integrated Rating” Released By Shri Piyush Goyal, MNRE Minister

N Shri Piyush Goyal, Minister of State (IC) for Power, Coal and NRE released the book “ State Distribution Utilities Third Annual Integrated Rating” here recently.So far rating exercises has been completed for the rating years 2011-12 and 2012-13.

ow the third exercise for the rating year 2013-14 covering 40 state distribution utilities has been completed by designated credit rating agencies.All the four state distribution utilities in the state of Gujarat and the distribution utility in Punjab figure in the top most category of A+ . Two utilities have been placed in A category, 23 utilities in category B+ / B and 10 utilities in category C+ / C. The integrated rating methodology for state power distribution utilities was developed by Ministry of Power with active involvement of Central Electricity Authority (CEA), Central Electricity Regulatory Commission (CERC), Power Finance Corporation (PFC), Rural Electrification Corporation (REC), distribution utilities and credit rating agencies CRISIL, ICRA and CARE. The methodology was given final shape in consultation with Department of Financial Services – MoF, IBA and major Public Sector Banks. The methodology was unveiled by Ministry of Power in the Power Ministers Conference in July 2012. PFC was mandated to coordinate the rating exercise to be conducted annually rating agencies ICRA and CARE were selected to carry out the annual rating exercise for three years. The exercise cover 40 state power distribution utilities and does not cover private utilities and state power/ energy departments.

The methodology is objective. The rated utilities are aware of the scoring criteria adopted and are informed of the scores assigned. The external rating agencies ICRA/CARE discuss the scores assigned with the individual utilities before finalizing the rating report.The main objectives of developing the integrated rating methodology for the state distribution utilities are:-

To devise a mechanism for incentivizing/ dis-incentivising the entities in order to improve their operational & financial performance.

To facilitate assessment by Banks/FIs of the risks associated with lending exposures to various distribution utilities and enable funding with appropriate loan covenants for bringing improvement in operational, financial and managerial performance.

May serve as a basis for Government of India assistance to the state power sector under various initiatives.

Haryana Has Fixed A Target To Generate 400 MW Renewable Energy By The Year End: Mr. Manohar Lal State government has fixed a target to generate 400 MW renewable energy by the year end. The tender process to generate 150 MW solar power has already been started and discussions a r e u n d e r w ay w i t h corporations of Government of India to generate additional renewable energy so as to achieve the target.

- Mr. Manohar Lal, Chief Minister, Haryana

October 2015

he Chief Minister was speaking on the second day of ongoing Vidhan Sabha Session here recently.He said that Haryana does not have enough resources to generate power from hydro and thermal projects as there is lack of water and coal for the same in the state. Government is promoting sources of alternative power which is quite cheap as compared to thermal power. He informed the House that with reference to the Government of India’s target of one lakh MW renewable energy generation, Haryana has been given to generate 2000 MW solar energy by year 2020. The Chief Minister said that a scheme to install solar pump at tubewells is under process. To generate 12 KW solar energy, an expenditure of about Rs 8-12 lakh is expected. He said that expenditure of Rs.50,000 crore is expected for installing solar pumps on 6 lakh tubewells which is quite heavy. The State government is ready to implement the same in a phased manner. Negotiations for the same are also being held with companies. Under the scheme, there is a provision to give subsidy of Rs.20,000 per KW, he added. He informed that we had inherited the mismanagement in the power sector including losses and weak infrastructure. The cumulative losses of year 2014-15 has reached to Rs.29,362 crore. In addition, there is provision to provide subsidy of Rs.6200 crore per year.The Chief Minister said that agriculture tubewell connections pending upto December 31, 2012 had been released.

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POLICY REGULATIONS

India To Provide 24x7 Power By 2019: Shri Piyush Goyal

India will provide 24x7 power across the country by 2019 by creating cost effective infrastructure which is sustainable and inclusive of clean energy solutions, Power Minister Piyush Goyal has said.

oyal was speaking at the India-US Ministerial Energy Dialogue held at the US Department of Energy here on September 21.The Indian delegation was led by Goyal while the US side was led by Dr Ernest Moniz, the US Secretary of Energy.”Government of India to provide 24x7 power across the country by 2019 by creating cost effective infrastructure which was sustainable and inclusive of clean energy solutions,” the Minister said.Goyal emphasised that India is committed to pursue a green path to growth. He also elaborated on India’s ambitious plans for deployment of 175 GW Renewable Power capacities by 2022, including 100 GW of Solar and 60 GW of Wind, which may require investment of around USD 150 billion in the next seven years. He also stressed on government’s objective of construction of 100 smart cities which would include in its blueprint adequate provisions for power generation, usage of renewables and energy efficiency technologies, comprehensive waste management programme, usage of waste to energy technologies, etc.Goyal pointed out that India-US collaboration in the energy sector offer great potential, in view of India’s enormous energy needs and the US’ resources, capabilities and technology. He also welcomed US-based companies to invest in the Indian energy sector and invited them to also participate in India’s unconventional hydrocarbons sector, especially in the field of exploration and exploitation of alternate energy sources such as shale oil, shale gas and gas hydrates. During the Dialogue, presentations were made on progress made under various joint research programme like Partnership to Advance Clean Energy - Research (PACE - R), including in the field of solar energy, energy efficient buildings and biofuels. Substantial headway has been made for the development of new technologies for distributed power generation through solar thermal route and development of new tools for improved building energy efficiency codes. It was also agreed to explore addition of smart grids and energy storage for grid application as the fourth stream under PACE - R.Presentations were also made on various aspects of integration of clean energy sources into existing energy infrastructure in India, as well as mechanisms for promoting financing for clean energy and cleaner fossil energy sources.Avenues for advancing off-grid clean energy access was also discussed in depth during the Dialogue.

Shri Piyush Goyal Inaugurated DDUGJY Shri Goyal , Union Minister of state for Power, Coal and New & Renewable Energy recently inaugurated ‘Deen Dayal Upadhyay Gram Jyoti Yojana’ ( DDUGJY) in Gorakhpur and Basti districts of Uttar Pradesh.

hile speaking on the occasion, Shri Goyal said that under the DDUGJY , Rs 350 crore have been allocated for Gorakhpur and Rs 550 crore for Basti district. He further said that with Rs 350 crore in Gorakhpur, the fragile power transformers, electric polls and wirings would be changed so that unabated power supply could be ensured. Now with this new scheme, the aim is to ensure proper power supply in all houses of eastern Uttar Pradesh and in entire state as well by 2019. Shri Goyal stated that the Prime Minister will be visiting Varanasi on September 18. “On the same day the Prime Minister will be inaugurating Integrated Power Development Scheme in Varanasi that will improve the power supply scenario in UP,” said Shri Goyal. He also stated that Government of India, from September 25 to October 2 will be starting “Mudra “In last 68 years there has Scheme”. Under it loan up been no proper supply of to Rs 50,000 without any electricity in Basti district. security would be given But our government is for self-employment to determined enough to people, shopkeepers provide electricity to every village in Basti in and others who deserve. next two years. For the Besides, loan ranging same, some 3851 new from Rs 50,000 to one transformers would lakh would be given so be installed. If you that people could run come across with any their businesses hassle complaints pertaining to free. Shri Goyal was corruption please do get accompanied by Member registered your complaint of par liam ent Yo gi in the toll free number.” Adityanath.In a similar program held in Basti. - Shri Piyush Goyal Addressing public gathering in Basti, Shri Goyal said that like in Gujarat, in UP a separate power supply line would be laid for agriculture purpose only. He also promised people for enacting low tension line at a stretch of 200 kilometers in the district. He also assured people for opening up of an auditorium on name of former prime minister Shri Atal Bihari Vajpayee in Basti district. In last two five years plans there had not been spent a single rupee for electrification work in Basti. But now the Prime Minister Shri Narendra Modi has been keeping a tight vigil over development in eastern UP and our government is committed for development of this area, he said.

Source: PTI

www.EQMagLive.com

October 2015

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OFFSHORE WIND

Approval Of Offshore Wind Energy Policy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to the National Offshore Wind Energy Policy.

ith this approval, the Ministry of New & Renewable Energy has been authorized as the Nodal Ministry for use of offshore areas within the Exclusive Economic Zone of the country and the National Institute of Wind Energy has been authorized as the Nodal Agency for development of offshore wind energy in the country and to carry out allocation of offshore wind energy blocks, coordination and allied functions with related ministries and agencies. The approval paves way for offshore wind energy development including, setting up of offshore wind power projects and research and development activities, in waters, in or adjacent to the country, up to the seaward distance of 200 Nautical Miles from the base line. Preliminary assessments

along the 7600 km long Indian coastline have indicated prospects of development of offshore wind power. With the introduction of the National Offshore Wind Energy Policy, the Government is attempting to replicate the success of the onshore wind power development in the offshore wind power development. The policy will provide a level playing field to all investors/beneficiaries, domestic and international. All the processes would be carried out in a transparent manner by NIWE.The development would help the country in moving forward towards attaining energy security and achievement of the NAPCC targets.The scheme would be applicable throughout the country depending upon offshore wind potential availability.

Worldwide, wind energy is accepted as one of the most developed, cost-effective and proven renewable energy technologies to meet increasing electricity demands in a sustainable manner. While onshore wind energy technologies have reached a stage of large scale deployment and have become competitive with fossil fuel based electricity generation, with supportive policy regimes across the world, exploitation of offshore wind energy is yet to reach a comparable scale. India has achieved significant success in the onshore wind power development, with over 23 GW of wind energy capacity already installed and generating power.

Suzlon Views: Cabinet Approval On National Off-Shore Wind Energy Policy The approval on the national off-shore wind energy policy marks an epoch in India’s renewable energy history. It once again demonstrates the government’s thrust and serious action towards harnessing the renewable energy potential of our nation. Also, it is a testament of the government’s intent and action to enhance the role of renewables in India’s energy security.

W 16

October 2015

ith a coastline of 7600kms, India has enormous off-shore wind energy potential and cabinet approval is set in right direction to unlock this opportunity. Off-shore wind energy implementation requires fair amount of approvals from various departments. I am confident, this announcement will simplify and create a single window system for relevant approvals from various central government departments and state maritime boards too. One of the key advantages of off-shore wind energy is that large sized projects of 1,000 MW and above can be built with the capacity utilization factor ranging from 45%-50%. This also enables better utilization of transmission infrastructure and better dispatchability, with insignificant impact on land requirements. We foresee off-shore wind energy revolution in our country, given India’s very long coast line.

SUZLON group has access to the most matured off-shore wind energy technology and we are currently conducting a techno-commercial feasibility study in Gujarat, India. The state is blessed with a 1,600 km coastline and we have already identified more than 1,000 MW off-shore wind energy potential the Kutch coast. We believe, this is likely to be the first private sector off-shore wind energy project of the country.

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RESEARCH ANALYSIS

By 2025

Asia-Pacific Solar Photovoltaic Installed Capacity To Continue Significant Growth By 2025, Says GlobalData The Asia-Pacific (APAC) region will overtake Europe to become the largest contributor to global solar Photovoltaic (PV) installed capacity, increasing its cumulative installed capacity from 63.3 Gigawatts (GW) in 2014 to 345.33 GW by 2025, according to research and consulting firm GlobalData.

“Commitments to solar energy from the APAC region’s governments have resulted in various research and development initiatives and increased solar power plant installations, which will be key to driving the market‘s future growth. China will be the region’s largest contributor, installing an additional 198 GW of solar PV capacity by the end of the forecast period, as the country is aiming for renewables to account for 20% of its total energy mix by 2020. Among the other emerging markets in the APAC region, South Korea is a major centre for the development of solar technologies and the manufacture of modules, although the country is not a major consumer of solar modules due to its small geographic size. While South Korea’s annual additions are small compared to other major markets, its cumulative solar PV capacity is expected to more than treble from 1.7 GW in 2014 to around 6 GW by 2025.“This comes as the country has significant production capacity for solar modules and is able to mass-produce modules and supply them to several solar power markets at competitive prices.”

- Pavan Vyakaranam, GlobalData’s Associate Project Manager covering Power

he company’s latest report* states that this increase, which will occur at a Compound Annual Growth Rate (CAGR) of 16.7%, follows a period of highly positive growth, when the region’s capacity rocketed from 1.94 GW in 2006 to 63.33 GW in 2014, at an impressive CAGR of 54.6%.

GlobalData’s report adds that Japan’s solar PV capacity will also experience positive growth, climbing from 21.81 GW in 2014 to 52.02 GW by the end of the forecast period, maintaining the country’s position as the second largest market in the APAC region.

October 2015

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POLICY REGULATIONS

Shri Piyush Goyal Launches Electrification Programme For Diyara Areas In Bihar Announced Uninterrupted DC Power Supply Pilot Schemes For 4 Towns Of Bihar Shri Piyush Goyal , Union Minister of State (IC) for Power, Coal and New & Renewable Energy recently launched a electrification programme for villages of Diyara area in the Patna/ Saran district in a function organised at Patna.

ddressing the function Shri Goyal said that in an unprecedented move, 36 un-electrified villages of Diyara area in the Patna/Saran district are to be electrified through extension of two 11 kV Feeders. This is an inaccessible area surrounded by Ganges and not connected to mainland, where providing electricity through regular infrastructure is difficult. With this initiative of Ministry of Power, a total of 11,375 households will be benefited. These households are currently dependent on agriculture for sustenance and are using DG Sets for irrigation purposes at a rate of Rs.120 per hour which is very expensive. This unique initiative shall be a part of the overall approved budget of Rs.5827.23 Crores, sanctioned by Ministry of Power for the state of Bihar. Sh. Goyal also announced a pilot project for ‘Uninterrupted Direct Current Supply (UDCS)’ for various areas of Bihar. The Ministry of Power, Government of India, through REC, has also initiated a pilot project with the help of IIT Madras, for providing uninterrupted DC (Direct Current) power to consumers during power cut. This DC power shall be sufficient to support 2-3 lights, 1-2 fans or a TV, mobile phones/laptop charging per household, irrespective of power shortages. An amount of Rs.67 Crores has been sanctioned for its implementation in the areas of Sasaram, Dehri-on-Sone, Bikramganj and Buxar towns. This initiative shall benefit a total of one Lakh households in these areas.During the function, a MOU between Rural Electrification Corporation (REC) and Ministry of Skill Development & Enterprises has been signed for Skill Development programs in the presence of Shri Piyush Goyal and the Minister of State for Skill Development & Entrepreneurship (Independent Charge) and Parliamentary Affairs, Shri Rajiv Pratap Rudy . Union Minister of State for Drinking Water and Sanitation Shri. Ram Kripal Yadav; CMD of REC Sh. Rajiv Sharma; Joint Secretary, MSDE, Smt. Jyotsana Sitling; Managing Director & CEO of the National Skill Development Corporation Sh. Dilip Chenoy and other top officials were also present in the function.

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On this occasion, the Director (Finance) of NTPC handed over a cheque of Rs.6 Crores towards skill development to the Joint Secretary, Ministry of Skill Development & Entrepreneurship. NTPC has signed MOU with National Skill development fund (NSDF), under ministry of skill development and entrepreneurship (MSDE) and NSDC on 26th June, with a commitment of 30 Cr. for skilling of 25,000 youths. REC has earmarked a contribution of Rs. 10 crores for Skill Development under its CSR initiative. The funds will be used for training of women, youth unskilled and semi-skilled workers, including vocational training.

Th is in itia tive will benefit arou nd -

6400

persons from back ward area s of Central and Ea ste rn Ind ia includ ing Bihar. Placement assistan ce of up to 70% will also be pr ovided to the beneficiaries .Th is pr oject is to be im plemented by Na tiona l Skill Development Corp orat ion under the Mi nistry of Skill Development & En trepreneu rship Govt. of Ind ia.

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BUSINESS FINANCIAL

CLP India Announces First Corporate Green Bond Issuance

CLP India, one of the largest foreign investors in the Indian power sector, recently announced the issuance of Corporate Green Bonds for its wind portfolio - CLP Wind Farms. CLP Wind Farms will raise `600 crores through issue of rated, secured, unlisted, redeemable nonconvertible debentures.

LP is the largest wind power developer in India with committed wind projects of more than 1,000 MW, spread across six states. The proceeds from these bonds will be used for funding the capital expenditure of its projects in the renewable space. CLP Wind Farms is the first mover to issue Corporate Green Bonds in the Indian power sector. This move will help CLP sustain its expansion of the renewable energy portfolio in alignment with the company’s vision to lower carbon emission footprint.India Ratings and Research Private Limited has assigned a rating of AA to the bonds.Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and very low credit risk. The bonds, with a coupon of 9.15%per annum being issued in three series of equal amounts, will mature every April in 2018, 2019 and 2020. Standard Chartered Bank, IDFC Limited and The Hongkong and Shanghai Banking Corporation Limited are the lead arrangers for the bond issuance.

Jinko Power Signs RMB10 Billion Strategic Agreement With Industrial And Commercial Bank Of China 20

October 2015

issuance of “Through the e plan to fund these bonds w ects re of new proj the expenditu e and ac le energy sp in the renewab ans for pl th or t CLP’s grow pp su y eb er th tential in the enormous po t and we India. There is le power marke ribution Indian renewab nt co l aking a vita m s ve el rs ou see jective of vernment’s ob towards the go n energy.” pacities in clea increasing ca

n ja n M ish ra , - M r. Ra jiv Ra ector, M a nag ing Dir CLP Ind ia

“The Green Bond debut issue from CLP Wind Farms follows the highly successful partially credit enhanced bond from the CLP Group earlier this year and highlights investor appetite for strong credits and eminent management. The unique corporate structure adopted in wind business has helped the Issuer raise financing for new wind projects through the bond route. The deal adds to the list of many firsts for CLP Group in India in the form of first corporate Green Bond issuance from South Asia and South East Asia. The issuance will go a long way in promoting green issuances and contributing to sustainability initiatives of the Indian corporate sector” - Mr. Kaustubh Kulkarni, Managing Director & Head Debt Capital Markets, South Asia, Standard Chartered Bank

inkoSolar Holding Co., Ltd., a global leader in the solar PV industry, recently announced that JinkoSolar Power Co., Ltd., a subsidiary of the Company, has signed a line of credit of up to RMB10 billion strategic agreement with the Industrial and Commercial Bank of China Jiangxi Provincial branch.According to the terms of the agreement, ICBC Jiangxi Provincial branch will provide Jinko Power line of credit of up to RMB10 billion within three years. The financial instruments will include but are not limited to working capital loans, supply chain financing loans, and project loans. The final amount drawn will depend on Jinko Power’s projects financing needs.

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BUSINESS FINANCIAL

“We were the first to introduce asset specific bonds in the Indian power sector for our Jhajjar power plant earlier this year. The issuance of the Corporate Green Bonds by CLP Wind Farms has set a benchmark for re-financing of power projects, post commissioning. At CLP India, we always think of innovative financial structures to improve the overall project viability. The structure of these bonds achieves the twin objectives of accessing long term funds at competitive rates for us and an attractive long term investment opportunity for the investors. It is also beneficial from the company’s perspective to keep its interest cost in check as the interest outgo towards repayment remains fixed and is not variable as in the case of bank borrowing. ” - Mr. Samir Ashta, Director - Finance and Chief Financial Officer, CLP India

“This transaction by CLP India is groundbreaking as it represents the first Green Bond issuance by a corporate out of India, South Asia as well as South East Asia. Sustainable finance, including green bonds, is one of the most important and fast-growing segments of the global markets, and we expect CLP’s issuance it to pave the way for standardization of this new financing instrument in the Indian capital markets. The transaction also represents a successful return to the bond market for the CLP group in India, through a very well executed offering which allows the CLP India renewables vertical to diversify its financing mix to the bond market via a fixed rate funding instrument.” - Mr. Chetan Joshi, Head - Debt Capital Markets India, HSBC

“Wind-Energy Generation is the need of the hour for energy-hungry country like India. Several renewable energy generating companies have reached a steady-cash flow generating stage. These companies have grown in size, stature and ratings for accessing debt capital markets through bond issuances. Further, by diversifying its funding base from traditional term lending banks and financial institutions to mutual funds, insurance companies and other long-term debt providers, these companies are armed financial ammunition and leverage to continue with its aggressive growth. We, at IDFC, continuously work to develop bond market products meeting objectives of issuers and investors.” - Mr. Jayen Shah , Head - Debt Capital Markets Financial Markets Group, IDFC,

“Working with ICBC, the largest commercial bank in China, once again demonstrates the confidence that leading financial institutions have in our brand as well as our project development potential. This financial support will further enhance Jinko Power’s project development capabilities. With the support of government policy and the booming of project development in China, we’re glad to see more commercial banks entering the downstream solar market. We think highly of cooperating with ICBC and hope to develop more high-quality power plants and eventually repay our investors and society by producing more clean energy.” - Mr. Xiande Li, Chairman of JinkoSolar

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RESEARCH ANALYSIS

Installed Energy Storage Enabling Technology Revenue Is Expected To Reach $21.5 Billion Annually By 2024 A period of strong growth in the global photovoltaic module industry is expected, thanks to a new wave of capacity expansions, a relatively stable pricing environment and increasing demand from several established regional markets.

recent Leaderboard Report from Navigant Research examines the strategy and execution of 12 leading energy storage systems integrators , including vendor profiles, ratings, and rankings, with the goal of providing industry participants an objective assessment of these companies’ relative strengths and weaknesses in the market. With battery prices continuing to decrease, increased attention is being given to other areas of the stationary energy storage value chain, including energy storage system (ESS) integration. ESSIs are responsible for ensuring that ESSs meet the needs of the end user, and the scaling of the overall market will depend on how these companies approach the market. Click to tweet: According to a recent Leaderboard Report from Navigant Research, installed energy storage enabling technology revenue is expected to reach $21.5 billion annually by 2024. “The future market for ESSIs will be led by firms that respond quickly to market demand and provide compelling offers to energy storage end users,” says Anissa Dehamna, principal research analyst with Navigant Research. “The most successful firms will be those that allow for competitive pricing options and persuasive value propositions for customers.”An important trend in the market is the rapid pace of innovation in ESS software and controls, according to the report. Many leading ESSIs evaluated by Navigant Research provide customized software platforms that help end users manage the daily operations of an ESS, including, in some cases, virtually modeling a system’s operations before a physical installation is deployed.

October 2015

Global PV Module Revenue To Reach Record $41.9 Billion In 2016, IHS Says A period of strong growth in the global photovoltaic module industry is expected, thanks to a new wave of capacity expansions, a relatively stable pricing environment and increasing demand from several established regional markets.

rowth will continue into 2016, when module shipments will exceed 2015 shipments by 10 percent, according to IHS Inc., the leading global source of critical information and insight.Due to stable pricing and increased shipments, global 2016 PV module revenue is forecast to hit $41.9 billion, exceeding the previous record set in 2010 by 4 percent. PV module shipments in the fourth quarter of 2015 are expected to rise 29 percent, year over year, reaching 18.7 gigawatts (GW) in the quarter.“Compared to prior years, this period of strong growth in solar installation demand, coupled with tight supply, will support relatively robust pricing,” said Edurne Zoco, senior principal analyst for IHS Technology. “In fact average annual prices are forecast to decline significantly less than in previous years.” The United States PV market is forecast to experience a significant decline in 2017, following the reduction of the federal investment tax credit (ITC). This tax-credit reduction will contribute to a fall in global demand for PV modules, and PV module prices are forecast to decline by 9 percent. “This year and next year will mark a climax in the recovery of the solar PV sector, after a period of intense price reductions and margin compression, when average gross margins fell into the mid single digits or lower. Even so, the predicted slowdown in global demand in 2017 on the back of a decline in the United States is likely to challenge these suppliers once again, since manufacturing capacity additions are set to dangerously outpace industry demand. Competition will intensify, which will lead to accelerating declines in prices and gross margins, for the first time since 2012.”

- Edurne Zoco, senior principal analyst for IHS Technology.

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RESEARCH ANALYSIS

Andhra Pradesh: Power Demand Rises By 8 Pc In April-August 2015-16 The demand for power in Andhra Pradesh has increased by eight per cent during April-August period of the current financial year, according to an official report.

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he report, submitted by Department of Energy to the government at the two-day District Collectors conference here yesterday, said power demand between April and August has escalated to 21,371 million units against 19,839 million units during the same period a year ago.The state maintained uninterrupted power supply to domestic, commercial and industrial sectors through regularly monitoring the load even as hydel power generation units were closed due to lack of water supply in reservoirs. To encourage energy saving, government has distributed LED bulbs for all households in district of Anatapur, Guntur, West Godavari and Srikakulam, the report said, adding, the government has decided to extend the scheme in the remaining nine districts of AP. Government has also replaced 1.70 lakh street bulbs with solar bulbs in some of the identified municipalities and Visakhapatnam Municipal Corporation, it said.To support the energy saving scheme, AP has received 6,000 solar agricultural pump-sets for the agricultural sector.It said the state government envisages to add 5,000 MW solar power and 4,000 MW wind power in the coming four years, beside the two mega thermal power stations that will come up in the state shortly.One thermal power station will be set up at Pudimadaka village in Visakhapatnam of 4,000 MW capacity by the NTPC, while another at Polaki village in Srikakulam district with a capacity of 2,400 MW will be set up by APGenco. Central Government has allocated Rs 922 crore under the Deendayal Upadhya Gram Jyothi Yojana to provide power connection to houses without access to electricity supply, and thereby improve the transmission and distribution system. Source: PTI

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BUSINESS FINANCIAL

Chinese Energy Giant GCL Group Chose India as its First Overseas Market to “Make Deep Commitment” Golden Concord Holdings Limited (GCL), an integrated energy group specializing in clean and new energy, has announced that GCL Group has signed a strategic collaborative agreement with Indian Adani Enterprises, aiming to carry out largescale cooperation in India’s green energy sector, Petroleum Logistics and photovoltaic industry during Honorable Prime Minister Narendra Modi’s visit to China in June.

he agreement plans to set up an industrial park with a complete PV industry chain in Mundra, Gujarat and an Ecological Health of The Habitat garden is also in the proposed plan. India is the first stop for GCL group to respond to Chinese governments “Road and Belt Initiative” and is also the first market for GCL to make deeper commitment. GCL leads its three core listed subsidiaries- GCL System Integration Co.,Ltd., GCL-Poly Energy Holdings Ltd. and GCL New Energy Holdings Ltd. to have made a striking appearance in the 9th Renewable Energy India 2015 Expo. This is interpreted as an action to pave the way for GCL’s longer commitment to Indian energy market. As the debut after this strategic decision, GCL group brought along a series of its star products and services: S4 GCL Poly, high efficiency PERC cells high efficiency HJT dual glass module, “GCL-Sunlight” high efficiency residential solar system, “Six-in-one” energy micro grid, Smart Energy City Solution.

PFS Sanctions Loan Aggregating To About Rs. 10 Billion PTC India Financial Services Limited (PFS), a leading Infrastructure Finance Company, recently announced that it has sanctioned loans aggregating to about Rs. 10 billion for providing financial assistance to renewable energy projects and energy efficiency project in India.

ith the focus to increase its loan portfolio in clean energy projects in India, the Company’s Board sanctioned loans totalling to about Rs.10 billion to 9 projects in its meeting held on September 16th,2015. The fresh round of loan approvals will help Company further expand into renewable energy projects.

“We are happy to announce that the Company has forayed into financing of energy efficiency projects. This should further help consolidate PFS’ position as a leading institution financing renewable energy projects in India.” - Dr. Ashok Haldia, Managing Director & CEO, PTC India Financial Services Limited (PFS)

“GCL Group is intended to display GCL’s most up-to-date energy technologies and solutions to Indian and South Asia energy sectors during this tradeshow. This is also a step to demonstrate our determination to take roots in this market. Our agreement with Adani group have been going on very smoothly. We will also keep the market informed what we achieve from this strategic collaboration. We are very optimistic about Indian energy market’s outlook and are determined to provide better products and services to the market along with our Indian partners.”

- Zhu Gongshan Chairman, GCL Group

October 2015

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BUSINESS FINANCIAL

SunEdison Inks MoU With Tamil Nadu To Develop 2-GW Projects

enewable energy firm SunEdison recently said it has entered into an agreement with Tamil Nadu government to develop 2 GW of wind and solar power projects in the state in the next five years.”SunEdison has signed a memorandum of understanding with the Tamil Nadu state government to develop 2 gigawatts of wind and solar power in the state in the next 5 years,” the company said in a release.According to the statement, the 2 gigawatts are part of SunEdison’s larger plan to develop 15.2 gigawatts of renewable energy in the country by 2022. “SunEdison is dedicated to furthering India’s renewable energy programme and has committed to develop and construct 15.2 gigawatts of clean and cost-effective wind and solar power projects in the country by 2022. With this MoU, we are expressing our support for Tamil Nadu’s clean energy future, and are making progress towards our larger commitment.” Gopalan said.

- Pashupathy Gopalan, SunEdison’s President of Asia-Pacific and Sub-Saharan Africa Gopalan signed the document with Tamil Nadu Chief Minister J Jayalalithaa at the Tamil Nadu Global Investors Meet.SunEdison is a global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world.The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. Source: ET

A.K. Jha Takes Over As CMD NTPC Shri A.K. Jha, Director (Technical), NTPC has taken over the additional charge of the post Chairman & Managing Director, NTPC w.e.f. 01.09.2015.Shri A.K. Jha (aged 58 years), is a graduate in Mechanical Engineering from BIT Sindri, Ranchi University and has done LL.B. from Delhi University. He joined NTPC in 1977 as Executive Trainee. He was directly associated with the NTPC’s flagship Project i.e. Singrauli (5x200 MW) as part of erection team. He has rich and varied experience of 38 years in NTPC in all the areas of Power Project i.e. Design & Engineering, Projec t Planning & Monitoring and Project Construction & Management. He joined NTPC Board in July’2012 as Director (Technical). He is responsible for concept to Investment approval of projects, complete engineering during the development of the project, engineering support during O&M phase of the station and engineering for R&M of NTPC’s aged power stations for enhancing life and efficiency of power plant, for the entire fleet of NTPC projects which includes Thermal, Hydro, Renewable. For Renewable portfolio of NTPC, he has responsibility for policy advocacy, business development, Project contracting, Engineering and commissioning.He is also responsible for, R & D through NETRA (NTPC Energy Technology and Research Alliance), induction of environment friendly technologies like Ultra Super Critical/ Advance Ultra super Critical, Information technology initiatives including Enterprise Resource Planning and Environmental Engineering.

UP Eyes 40 Investment Pacts Worth Over Rs 33,000 Cr

ttar Pradesh expects to sign as many as 40 agreements entailing investments worth of over Rs 33,000 crore across diverse sectors, a senior official said. The pacts, to be signed recently during a day-long investors’ conclave here, would include those with Gautam Adani-led Adani Group for a solar power project, a senior state government official said. “We will be signing over 40 MoUs which involve an investment of Rs 33,000 crore,” the official said before the start of the conclave here in the financial capital. The agreements will be signed in the presence of Uttar Pradesh Chief Minister Akhilesh Yadav, who is leading a delegation of ministers and officials from the state for attracting investment into the country’s most populous state. Yadav is also likely to announce a film subsidy scheme, under which support of up to Rs 3 crore will be given to film producers for shooting in the state.

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The chief minister is also scheduled to have a luncheon meet with top bankers, including SBI’s Arundhati Bhattacharya. This is one of the biggest investment road shows for the state and comes amid a growing stress on ‘competitive federalism’, wherein states are being encouraged to compete with each other to attract investments. Source: PTI

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BUSINESS FINANCIAL

Enel Green Power Enters Indian Market By Acquiring A Majority Stake In Blp Energy Enel Green Power has recently announced the acquisition of a majority stake in BLP Energy , the utility scale wind and solar subsidiary of Bharat Light & Power Pvt Ltd for a total consideration of approx.

m i l l i o n e u r o s .W i t h t h i s transaction EGP enters the Indian renewables market, marking the Group’s first move into the Asia-Pacific region thus reaching more than 10 GW of net installed capacity globally. EGP brings to the Indian market the latest renewable technology and global best practices in engineering design and project development, based on its presence in now 17 countries. BLP is one of the leading renewable energy companies in India which owns operating wind plants in the States of Gujarat and Maharashtra that have a total capacity of 172 MW with a total annual production of about 340 GWh. It also has a portfolio of approximately 600 MW of wind projects in different stages of development. BLP Group is based in New Delhi and Bangalore, and has a team of professionals with background in renewable energy, manufacturing, consulting and financial services with extensive experience in technical, development, operation & maintenance and financing activities. “This acquisition opens the doors for Enel Green Power to the huge potential of the Indian market and is the gateway to further expansion across Asia. We intend to contribute to the Indian government objective of increasing the share of renewables in the country’s energy portfolio. EGP is also interested in participating through BLP Energy in the country’s upcoming public solar tenders at both national and state level.”

- Francesco Venturini, CEO, EGP 26

October 2015

The acquisition of a majority stake in an Indian Independent Power Producer (“IPP”) with a portfolio of wind assets already in operation and a geographically diversified pipeline of solar and wind projects, fits the Group’s strategy and offers strong development prospects combined with an established market position. The transaction, completed in less than one year, is one of the fastest carried out by EGP and is testament to the capacity of the Group to stay ahead of trends and to quickly enter into new countries, leveraging on its global scale and expertise to seize arising market opportunities.In its 2015-2019 Strategic Plan, EGP announced its intention to broaden its international footprint by expanding into new markets, including countries in the Asia-Pacific region. Among those, India is well positioned for rapid expansion in the renewable energy industry owing to its high population and economic growth. The current Indian government led by Prime Minister Mr. Narendra Modi has set a target of achieving 100 GW of solar and 60 GW of wind power generation capacity by 2022, up from around 4 GW of solar and about 23 GW of wind today. EGP has positioned itself to respond to this market opportunity through this acquisition. “I am excited to partner with Enel Green Power for the next phase of BLP’s growth. This transaction validates the great team, expertise and pipeline built, and provides us the opportunity to build scale given the huge market opportunity. It brings together the global expertise of EGP and the local market understanding of the BLP Group. Through this partnership, EGP and BLP Group will work towards bringing reliable, sustainable and cost competitive clean energy thereby supporting the Government of India’s clean energy goals. We shall work closely with the Central and State governments in India in moving from megawatts to gigawatts of renewable energy.”

- Tejpreet S. Chopra, CEO , Bharat Light & Power Group

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BUSINESS FINANCIAL

Enrich Energy Commission’s 5 MW Solar PV Power Project Under JNNSM In Maharashtra Enrich Energy Pvt. Ltd. company based in Pune and a leading EPC player in Solar PV sector, announced commissioning of a 5 MW Solar PV Power project under the JNNSM Phase-II Batch-I policy.

EPL has provided turnkey solution for this 5 MW solar project for M/s Sunil Hi Tech at Karajgi in Solapur district of Maharashtra.This is the first project in Maharashtra to be successfully declared commissioned by SECI and MEDA under JNNSM Phase-II Batch-I policy and was successfully grid synchronized on 26th June 2015 at 132/33 KV Karajgi substation. Inspection Committee from SECI and MEDA appreciated the overall quality and workmanship of the project. This plant is expected to generate 8.5 million units electricity per annum powering more than 5000 homes while eliminating CO2 emissions of more than 7650 metric tons per year of coal burnt. EEPL provides EPC services solutions for solar PV power projects and is a pioneer in turnkey development of solar parks. EEPL is presently executing projects of 125 MW, which includes large size solar parks of 40 MW and 25 MW in state of Maharashtra and 60 MW in Telangana, out of which 75 MW is successfully commissioned.

INNOVATIONS for PERC, HJT, CIGS, CdTe

“We’re proud to announce the completion of Sunil Hi Tech’s project which has been appreciated by the inspection Committee of SECI and MEDA during their final inspection and accorded with first COD under JNNSM Phase-II Batch-I in Maharashtra state. We have further plans to execute 300 MW of projects in next 2 years of time across India.”

- Mr. Ankit Kanchal, Director, Enrich Energy “As this is our first foray into this exciting field of solar, our major consideration was to choose a partner with proven track record and resource mobilization capabilities. After several rounds of discussions Enrich Energy proved to be a synergistically fit partner for us.”

- Mr. C. Venkatramana, MD, Sunil HiTech India Infra Private Ltd

SINGULUS TECHNOLOGIES PV Technology Powers the World SINGULUS TECHNOLOGIES provides technology solutions for both crystalline and thin-film high-performance solar cell platforms. Our production equipment improves efficiencies and reduces manufacturing costs. SINGULUS TECHNOLOGIES is an established machine supplier with customers producing PERC, Heterojunction and CIGS & CdTe solar products. SINGULUS TECHNOLOGIES’ expertise includes vacuum thin-film coating (PECVD, sputtering, evaporation), surface engineering, wet-chemical processes and thermal processing.

SOLARE Turn-key Production System for 90-100 MW Multi- and Mono-Cell Production

www.EQMagLive.com Call SINGULUS TECHNOLOGIES _ tel: +49-6188-4400 _ mail: sales@singulus.de_ www.singulus.de India: SOLAR TECH GROUP _ Gopal Kapoor _ tel: +91-2266-923-263 _ gopal.kapoor@solartechgroup.com

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SOLAR ROOFTOP OFF GRID

Schneider Electric Wins Solar Industry Award 2015 For Rural Electrification Project In Indonesia Schneider Electric Solar Business, a global leader in solutions for the solar industry, is pleased to announce that they have won the 2015 Solar Industry Award for Rural Electrification for a project in Indonesia.

chneider Electric was the solution provider for 60 remote island sites in Indonesia that needed access to electricity as part of the country’s Rural Electrification Program. The sites ranged in power levels between 15 to 75kW, and are now electrified with 100% renewable energy using solar and storage technologies. The government of Indonesia is undertaking this particular project to provide electricity to people in remote areas and islands where it is not easy to have access to fuel or electricity. The goal of the Rural Electrification Program is to promote the economy of rural communities, improve the quality of education and health, encourage economic productivity, facilitate and accelerate access to electronic and other media, and to improve the security on the islands. Schneider Electric’s solution was chosen because of the technical superiority and high reliability of the products, along with Schneider Electric’s local support and services capability, which are keys to the success of such projects.

“We are thrilled to be the recipient of this year’s Rural Electrification Award. At Schneider Electric, we are strongly committed to developing innovative solar andstorage technologies, and supporting electrification in emerging economies through our products and globalservice networks. The success of this project further underscores that electrifying communities with 100% renewables,using solar and storage,is possible and helps people in these communities achieve energy independence.”

- Xavier Datin, VP of the Commercial and Residential Line of Business

ABB India Bags Orders Worth Rs 119 Crore Power and automation technology firm ABB India has won orders worth around Rs 119 crore to provide electrification, automation and substation solutions for solar power plants in the country.

pread across Karnataka, Tamil Nadu and Andhra Pradesh, these projects will connect more than 850 megawatts (MW) of solar energy to the grid and will be among the biggest solar projects worldwide, the company said in filing to BSE. The most significant of these projects is the Adani Group’s 648 MW solar plant in Kamuthi, Tamil Nadu. ABB will provide a turnkey solution encompassing the design, supply, installation and commissioning of the power plant electrification and automation systems, the pooling stations and multiple substations, it said.

Solar projects usually have tight completion schedules mandated by governments, and every state has unique utility standards and varying technical schemes...Being a part of the Kamuthi 648 MW solar project affirms ABB’s position as a source-to-socket renewables provider with technical and execution expertise.”

“ABB has supported India’s power infrastructure development through the decades and we are pleased to facilitate the country’s push for solar energy, where we have already made a significant contribution.”

- Claudio Facchin, President of ABB’s Power Systems division

- N Venu, ABB India President Power Systems 28

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SOLAR ROOFTOP OFF GRID

& MERC Issues Notification For Solar PV Net Metering

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In a bid to promote green power in the state, Maharashtra Electricity Regulatory Commission (MERC) has issued gazette notification on installation of net metering system of rooftop photo voltaic (PV) solar power units. ith the issuance of the notification last week, solar power can now be harnessed by domestic as well as commercial power consumers.”From homes to offices, anyone can use this facility by installing solar power units individually that will now be connected to the state’s power grid directly,” city-based activist Sudhir Budhay, who has been pushing the case, said.”With new meters to be installed, eligible applicants can get credits for their solar power and adjust them against their normal bills for electricity supplied by respective distribution companies anywhere in the state,” the notification stated. A net meter can record import as well as export of power.Budhay had filed a public interest litigation in this connection in 2012,

and later, the matter was taken up by MERC.Though promoting solar power is a state policy, lack of regulation for grid connectivity made its actual implementation by common users difficult, he said.”A roof top unit may involve one-time investment starting from around Rs 1 lakh for 1 KV producing 150 units a month. Consumers using around 500 units or more in a month can find solar units economical as they end up paying a high rate of Rs 8 to 10 a unit for conventional power. Cost of 2 lakh for a 2 KV unit can be recovered within five years,” he said. Source: PTI

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SOLAR ROOFTOP OFF GRID

IFC Expands Access To Affordable Quality-Assured Solar Products In Rural Rajasthan IFC’s Lighting Asia/India program that aims to provide safe, affordable, and quality solar lights to people with limited or no access to electricity, is increasing the availability of quality assured solar lighting products in rural parts of Rajasthan.

his is being done through a consumer awareness campaign, Suryoday.The campaign, delivered in partnership with solar products rural distributor, Frontier Markets, has reached over 250 villages and about 15,000 people in Sawai Madhopur, Jhunjhunu, Jaipur, and Dhaulpur districts of Rajasthan.For this campaign, Frontier Markets has trained a network of rural women, called ‘solar sahelis’, who educate rural households about the benefits of clean lighting, and who have been trained in marketing, sales, and after-sales service. Frontier Markets in turn collaborated with local partners such as Princess Diya Kumari Foundation and Self-Help Group PRADAN to provide entrepreneurial skills training to women. Princess Diya Kumari was present at an event organized today to showcase Suryoday™ campaign and to felicitate the solar sahelis

“Solar sahelis are an integral part of our operations, and help ensure consumer trust.It also provides an employment opportunity to rural women.” To date, Frontier Markets has recruited 250 solar sahelis and plans to grow the network to 20,000 in 4 years.All the solar lighting products being promoted under the campaign have passed an independent three-month quality assurance testing process. This quality assurance framework was developed by the International Finance Corporation and the World Bank, and has been adopted by the International Electrotechnical Commission (IEC), world’s leading organization that sets International Standards for all electrical, electronic, and related technologies.

-Ajaita Shah, Founder and CEO of Frontier Markets

“A huge population lives without adequate electricity access in India. Yet, the solar lighting market remains nascent with penetration well below five percent. We are working on a series of interventions with manufacturers and distributors of solar lighting products to widen access to quality solar lights for rural consumers.” - Anjali Garg, Program Manager, Lighting Asia/India program

IFC’s Lighting Asia/India program has partnered with manufacturing companies such as Barefoot Power, D.light Energy, ECCO Electronics, Greenlight Planet, Omnivoltaic, Orb Energy, Panasonic, and SUNLITE, in addition to distribution companies such as Frontier markets, Dharma Life, Mahindra EPC and TOTAL Oil India Pvt Ltd for this initiative. IFC’s lighting program in India is supported by the government of United States, Italy, Austria, and Australia.

October 2015

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Hitesh Doshi

K Subramanyam Former CEO Tata BP Solar

BUSINESS CMD - Waaree FINANCIAL Energies Ltd.

Rabindra Kumar Satpathy - CEO-Renewable Power Emami Power Ltd

Shaji John Chief Solar Initiatives, L&T

Shivanand Nimbargi MD & CEO Green Infra Limited Ravi Khanna - CEO Solar Power Business Aditya Birla Group

EQ International Magazine

Sunil Jaini Chief Exe. Off. & Exe. Director Hero Future Energies Pvt Ltd.

Editorial Advisory Board

Rajesh Bhat Managing Director juwi India Renewable Energies Pvt Ltd

Gaurav Sood Managing Director Solairedirect Energy India Pvt Ltd Pashupathy Gopalan Managing Director MEMCSunEdison

Himamsu Popuri CEO Nuevosol Energy Pvt. Ltd. Inderpreet Wadhwa CEO Azure Power Gyanesh Chaudhary Managing Director Vikram Solar Private Limited

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Arturo Herrero CSO Jinko Solar

October 2015

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SOLAR PV Manufacturing

DuPont Microcircuit Materials Wins Solar Industry Award For Photovoltaic Materials

r M r. Pete r e n n e r B d accepte d ar w a e th lf o f on beha t. D u Po n

DuPont Microcircuit Materials was granted the 2015 Solar Industry Award in the photovoltaic Materials category for its DuPont Solamet PV19x series of PV metallization pastes, designed to help boost the power output of solar panels, lower overall system costs and improve the return on investments in solar energy systems.

The company accepted the award during a ceremony held at the European PV Solar Energy Conference in Hamburg, Germany, recently. Now in their 5th year, the Solar Industry Awards, organized by leading PV trade publication International Solar, recognize the whole value chain and the people, products and services that are innovating manufacturing and product approaches that have the potential to change the way we live.DuPont Solamet PV19x series photovoltaic metallization pastes are tailored to optimize the efficiency with which solar cells convert sunlight into electricity. Solamet PV19A, the first product in the PV19x series, is a front side silver paste based on DuPont’s proprietary technology. It enhances the power output of solar cells by helping to enable fine line printing and minimize shading on the surface of the solar cells, while maintaining superior electrical conductivity. It also is designed to offer wider processing latitude during manufacturing, which means cost savings result from higher yields, and tighter cell distribution is shifted toward higher efficiency.DuPont is actively developing variants of the new Solamet PV19x series aimed at boosting solar cell efficiencies even further.

DuPont Microcircuit Materials has over 40 years of experience in the development, manufacture, sale and support of specialized thick film compositions for a wide variety of electronic applications in the photovoltaic, display, automotive, biomedical, industrial, military and telecommunications markets.

“This is a great honor and an important recognition from the industry about our innovation with Solamet pastes. DuPont has set the pace of innovation in the solar industry, one innovation after another. We have introduced more than 110 new Solamet pastes within the last seven years alone, as our advanced materials continue to transform solar technology.” - Peter Brenner, Global photovoltaic business development manager, DuPont Microcircuit Materials,

DuPont is the leading supplier of specialty materials to the solar energy industry, with advanced materials including DuPont Solamet photovoltaic metallization pastes and DuPont Tedlar polyvinyl fluoride films, designed to improve the power output, reliable lifetime and return on investment for solar energy systems.DuPont has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802.

The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment.

October 2015

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October 2015

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SOLAR PV Manufacturing

Trina Solar-Led National PV-Related Standard Officially Published Trina Solar Limited recently announced that a new Trina Solar-led national standard of “Test method for determining vinyl acetate (VA) content of ethylene-vinyl acetate copolymer applied in photovoltaic modules - Thermal Gravimetric Analysis has been officially published by the Standardization Administration of China, signifying a major milestone in Trina’s continued efforts to create general standards across the PV industry.

GA measures the relationship between the quality and the temperature when the testing material is subject to temperature changes. Ethylene-vinyl acetate (EVA) is hot-melt adhesive film, an essential component that is used in the manufacturing of solar modules to Trina Solar is proud to make a e n c a p s u l ate t h e substantial contribution to the PV cells to ensure improvement and advancement insulation and of the PV industry again with our transparency. technological strength. With the Over the past introduction of this new EVA-TGA years, a major standard, testing the VA content problem with of EVA across the PV industry sourcing EVA has in China should become more been the lack of a streamlined and efficient, and it will standardized, fast, provide a solid evaluation basis for and environmentally ensuring EVA film quality. We are friendly test method confident that this new standard for detecting the VA will bring concrete improvements content to ensure the to the industry, and as the global quality of EVA, which leader in solar energy solutions, is a key element in we will continue to spearhead producing reliable initiatives to grow and improve and weather-resistant the sector in the future.” modules with long s e r v i c e l i f e. To address this issue, Trina Solar proposed the EVA-TGA to the SAC in 2012 and entered the project initialization stage subsequently. After going through a lengthy process, which included forming a working group, drafting the standard, discussion and analysis, comparison tests, and seeking inputs and comments, the standard successfully passed the review, and was approved to be published by both the SAC and the General Administration Jifan Gao Chairman and CEO of Quality Supervision, Inspection and of Trina Solar Quarantine of China. 34

October 2015

World’s Largest Silicon Manufacturer To Set Shop In AP

he fact that Andhra Pradesh came in at the second spot as far as ease of doing business is concerned, seems to have augured well for the state. The world’s largest silicon manufacturer XI’an LONGI has decided to set up not one but two plants in the state, with a total investment of Rs 8,000 crore. While the first project will be solar module manufacturing units, the second project will see the company setting up a solar power park in the state. Source: PTI

BUSINESS FINANCIAL

Thumping Success To NTPC Tax Free Bonds Oversubscribed 11.04 Times

TPC’s public issue of Tax Free Bonds has received a thumping response from all categories of investors especially retail category. The issue opened on 23.09.2015 at 10.00 AM and was over-subscribed in the first half an hour. By the end of Day 1 i.e. by 5.00 PM the issue was oversubscribed by 11.04 times of the base issue size of Rs 400 crore and 6.31 times of the overall issue size of Rs 700 crore. The retail portion was oversubscribed by 6.60 times (of the total issue size allocated to retail), reflecting a huge confidence of retail investors in the Company.A total demand of over Rs. 4,400 crore was generated against the issue size of Rs 700 crore. NTPC’s issue was the first tax free bond issuance in this fiscal.

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BUSINESS FINANCIAL

Over € 1 billion German package for solar projects in India

iving a thrust on clean energy, Germany on 5 th oct. 2015 pledged about € 1 billion (Rs 7,300 crore) assistance for India’s solar projects as part of the bilateral cooperation in energy sector. Germany has agreed on a package of over a billion Euros for solar projects in India. “Both countries welcomed the MoU on an Indo-German solar energy partnership based on concessional loans in the range of one billion euros over the next 5 years,” the statement said. It further said that Germany welcomes India’s intention to transform its energy sector by increasing the share of renewable energy, particularly solar, in electricity generation, consistent with its goal of 175 gigawatts of renewable energy by 2022. “We have agreed on India — German Climate and Renewable Alliance with a long term vision and a comprehensive agenda of cooperation.I place great value on Germany’s assistance of over one billion Euros for India’s Green Energy Corridor and a new assistance package of over a billion Euros for solar projects in India.” - Shri Narendra Modi, Prime Minister, INDIA

& Sky Solar & Hudson Clean Energy Partners Announce Strategic Partnership To Fund Up To $100 Million Into Solar Projects Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, and Hudson Clean Energy Partners, a leading private equity firm specializing in renewable energy, recently announced a new strategic partnership to fund solar projects in Latin America and Japan with a total capital commitment from Hudson of up to $100 million.

he two parties have also agreed to collaborate on an expansion into the U.S. solar market.As part of this partnership, Hudson will invest $50 million in the construction of approximately 128 megawatts of solar projects in Chile and Uruguay, and will receive a 49 percent minority equity stake in the projects upon their completion. Hudson has allocated an additional $50 million for secondary market opportunities in Japan, subject to due diligence and other necessary approvals. Beyond this capital commitment, both parties have agreed in principle to collaborate on identifying and acquiring suitable renewable assets in the United States.

“We are delighted to be working with a leading specialized private equity and infrastructure fund to develop shovelready projects in our key markets. In addition to the near-term capital investment, we believe Sky Solar will benefit from Hudson’s long tenure as an investor in the renewable energy sector and unmatched industry experience in this strategic partnership.”

-Sanjay Shrestha, chief investment officer of Sky Solar and president of Sky Capital Americas

”We are excited about our partnership with Sky Solar, a company with deep power development expertise and substantial global reach. They have developed a portfolio of high-quality solar projects in attractive markets such as Chile, Uruguay and Japan.”

-Neil Z. Auerbach, founder and managing partner of Hudson Source: PTI

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October 2015

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BUSINESS FINANCIAL

Neyveli Lignite To Set Up 600-MW Solar Power Capacity Neyveli Lignite Corporation (NLC), a public sector lignite mining and power generating company, will set up units to produce 600 mega watt (Mw) solar power. The company, which has been using lignite as the fuel for its power units, has been looking at renewable sources such as solar and wind.

esides, coal was also being considered as one of the options of fuel, according to officials. Thus, the company plans to take the total power generation capacity to 12,221 MW from the current 2,740 MW. Chairman and Managing Director B Surender Mohan said the company is in the process of setting up smaller solar projects of 10-15 MW capacity in Tamil Nadu and Rajasthan with a total capacity of 50 MW.“In addition to these solar projects, we propose to install a 100-MW solar project at Neyveli, for which identification of suitable land is under progress,” said Mohan. According to him, the company held talks with Tamil Nadu and other states for setting up higher capacity solar projects. These projects will be implemented after carrying out techno-economic viability studies and getting land.Mohan said after he took over his priority was to expedite the delayed projects of the company — 2x250-MW TPS-II Expansion Project at Neyveli and its maiden coal-based 2x500-MW joint venture power project, NTPL, at Tuticorin. Now, both these units have received commercial operation declaration (COD).In 201415, the company recorded a turnover of Rs 6,087 crore as against Rs 5,967 crore in 2013-14. It posted a profit of Rs 1,579 crore in 2014-15 as against Rs 1,501 crore, a year ago. Besides, the company proposes to increase its annual lignite production to 49.50 million tonnes.Mohan said the NTPL project will be commissioned during October 2017-April 2018.

Mohan Said with regard to the 51-MW wind power project, being implemented at Tirunelvei, of the 34 wind turbines each of 1.5 MW, nine have been commissioned. Erection of 10-MW solar project at Neyveli is progressing and it is expected to be commissioned soon.For the 3x660-MW coal-based Ghatampur Power Project of Neyveli Uttar Pradesh Power Ltd, the ministry of environment, forests and climate change has accorded clearance.The company expects the Tamil Nadu government will give administrative sanction for land acquisition for the 4,000-MW coal-based Sirkali Thermal Power project.

-B Surender Mohan, Chairman and Managing Director , NLC

For the development of Pachwara-South coal block at Jharkhand as the fuel linkage to the proposed 3x660 MW Ghatampur Power Project, global tender has been floated. With regard to the Jilga-Barpali coal block development for fuel linkage to the proposed Sirkali Thermal Power project, the company has requested the ministry of coal to allot a suitable coal block, as the coal block is not suitable owing to adverse geo-mining conditions. 36

October 2015

The company has also requested the ministry to consider the Mahanadi & Machakatta coal block for allotment, so that requirement of coal for NTPL and NUPPL can be met.

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CLiMATE CHANGE

Fortune 500 Listed Companies Pledge To Use

rENEWABLE ELECTRICITY Goldman Sachs, Johnson & Johnson, NIKE, Inc., Procter & Gamble, Salesforce, Starbucks, Steelcase, Voya Financial, and Walmart have recently joined RE100, pledging to source 100% of their electricity from renewable energy to reduce CO2 emissions and seize the business benefits.

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E100 is an ambitious global campaign led by The Climate Group in partnership with CDP, to engage, support and showcase influential businesses committed to 100% renewable electricity.The companies have chosen this year’s Climate Week NYC to unveil their leadership move before senior figures from global business and governments. With December’s COP21 UN climate talks fast approaching, this key milestone event sends a timely reminder to negotiators that leading businesses want strong climate action from governments, while increasing demand for renewables themselves. America’s business drive to a low carbon economy has been picking up speed recently. Goldman Sachs and Walmart were two of 13 companies in July to commit to reducing their emissions as part of the American Business Act on Climate pledge – and the White House is expected to announce new names next month.Momentum behind RE100 has also grown globally in the last year. When RE100 was launched one year ago at Climate Week NYC 2014, there were 12 original corporate partners – IKEA Group, Swiss Re, BT Group, Formula E, H&M, KPN, Nestlé, Philips, RELX Group, J. Safra Sarasin and YOOX Group – as well as Mars, Incorporated, the first US business on board. Now 36 major businesses from around the world have joined the campaign, with green desert economy developer Elion Resources Group becoming the first Chinese company in March 2015, followed in May by the first Indian company Information Technology leader Infosys.recently saw the addition of Swiss financial services provider UBS, and earlier this week the first sciencebased participant, Dutch Life Sciences and Materials sciences company Royal DSM.”Speaking of their businesses’ motivations to become 100% powered by renewable energy.

October 2015

CLiMATE CHANGE

“As the world’s largest and most broadly-based health care company, our mission is to help people live longer, healthier and happier lives. We understand the intrinsic link between a healthy environment and human health. Each day, we work to continuously improve our energy efficiency, lower our environmental footprint, and partner on innovative approaches. We are proud to join RE100 and announce our aspiration to power all of our facilities with renewable energy.”

“As a leading global financial institution, we have had a long standing commitment to finance and invest in clean energy around the world to help the transition to a low carbon economy. We are also committed to reducing our own carbon footprint, and will target the use of 100 percent renewable power to meet our global electricity needs by 2020. We’re proud to be part of the RE100 initiative as a way to partner with leading companies in expanding the deployment of clean energy.”

- Kyung-Ah Park, Head of Environmental Markets at Goldman Sachs

“Walmart set out on its journey to be powered by 100 percent renewable beginning in 2005, and today’s pledge with RE100 further affirms the importance of our aspirational goal. With much of Walmart’s projected growth over the coming years set to take place in Central and Latin America, we are committed to increasing demand for renewable energy globally.”

- Enrique Ostale, President and CEO of Walmart Latin America,

- Alex Gorsky, CEO of Johnson & Johnson

“Climate change is a global issue that requires global solutions. We believe that collaboration is important to accelerate and scale sustainable innovations that have potential to change the world, and Nike is proud to join the leading global brands in RE100 with our commitment to reach 100% renewable energy.”

- Eric Sprunk, Chief Operating Officer, NIKE, Inc.

October 2015

“In addition to developing and selling solutions that help enable a low-carbon economy, we at DSM feel a responsibility to reduce our own carbon footprint. Saving energy and increasing our sourcing of renewable energy are the two key priorities to achieve this. The RE100 movement is giving a clear signal that the transition to renewable energy is real. The world’s leading sustainable companies are getting prepared for this major change.”

- Fokko Wientjes, Vice President Corporate Sustainability & PublicPrivate Partnerships at Royal DSM, which joined RE100 on Monday

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CLiMATE CHANGE “At Voya, we help Americans plan, invest and protect their savings so that they can prepare to retire with greater success. As we do this, we are equally committed to protecting our planet’s natural resources and doing our part to ensure a sustainable environmental future for everyone. Joining RE100 is a testament to Voya’s established track record of purchasing renewable energy and minimizing our ecological footprint through responsible business practices. We believe that efforts like these are not only good for the environment, but that they also contribute to a positive culture that attracts employees, partners and customers – and supports a company’s bottom line.”

“We have a long term vision to be powered by 100 percent renewable energy and have a goal of 30 per cent renewable energy by 2020. Efforts like RE100 are key to helping scale efforts and allow peer-to-peer networking with likeminded companies.”

- Rodney O. Martin Jr. , , CEO of Voya Financial

“Research shows that the most ambitious companies have seen a 27 percent return on their low carbon investments – no wonder new names keep joining RE100. Lowering risk, protecting against price rises, saving millions and boosting brand is what shaping a low carbon economy is all about. Today these companies are signalling loud and clear to COP21 negotiators that forward-thinking businesses back renewables and want to see a strong climate deal in Paris.”

- Mark Kenber, CEO of The Climate Group “For Steelcase, joining RE100 is a reflection of our ongoing commitment to renewable energy. Our current investment in renewables equaling 100 percent of our global electricity use is an important part of our energy strategy. At the same time, we are passionate about continually finding new ways to reduce energy usage in every part of our business. We look forward to sharing and learning with The Climate Group and other leading global organizations and are proud to join forces in promoting a clean energy future for all.”

- Jim Keane, President and CEO of Steelcase Inc

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- Len Sauers, Vice President of Global Sustainability at Procter & Gamble

“With our commitment to renewable energy our goal is to take a leadership role and help create demand for renewable energy across the globe. Reducing our own footprint is a key commitment within our climate change strategy, which also focuses on investments, financing, research and risk management.”

- Caroline Anstey, Head of UBS and Society at the Swiss bank UBS

She joined RE100 and publicly committed to 100 percent renewable power last week.

October 2015

MIDDLE EAST

DEWA Calls For Expression Of Interest (EOI) For 800MW Phase Three Of The Mohammed Bin Rashid Al Maktoum Solar Park Dubai Electricity and Water Authority (DEWA) has released a call for Expression of Interest (EOI) for the 800MW phase three of the Mohammed bin Rashid Al Maktoum Solar Park. The project, which is based on the Independent Power Producer (IPP) model, is another achievement that will put Dubai and the UAE at the forefront of the countries in the region in producing renewable and clean energy.

October 2015

ubai is making significant and steady progress in increasing dependence on renewable and clean e n e r g y. D E WA h a s increased the share of renewable energy targets in Dubai’s energy mix to 7% by 2020 and 15% by 2030, and doubled the capacity of phase two of the Solar Park from 100 to 200MW. DEWA will start accepting Expression of Interest proposals from international developers by end of September 2015. The project’s tender is expected to be released in Q4 of 2015.

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MIDDLE EAST “DEWA’s strategy for future projects is inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, that nothing is impossible. We derive this spirit from His Highness to achieve the ambition of Dubai to become number one worldwide. After getting the lowest global cost of production of photovoltaic (PV) energy for the second phase of the Mohammed bin Rashid Al Maktoum Solar Park, and doubling its capacity from 100 to 200 megawatts, we are pleased to announce the third project with a capacity of 800 megawatts. We are on the right track to achieve the Solar Park’s total capacity of 3,000 megawatts.We are determined to continue building and developing a greener economy, to achieve the UAE Vision 2021 to achieve a sustainable environment in terms of air quality, conserving water resources, more reliance on clean energy, and implementing green development. We support the long-term Green Economy for Sustainable Development National initiative to build a green economy in the UAE. We also support the Dubai Plan 2021 to establish Dubai as a smart and sustainable city, whose environmental elements are clean, healthy, and sustainable. Our efforts also complement the Dubai Integrated Energy Strategy 2030 to diversify energy sources to include 71% from natural gas, 15% from solar energy, 7% from clean coal, and 7% from nuclear power. We are inspired in our resolve to achieve these ambitious goals from our wise leadership who support the plan to diversify our energy mix to ensure energy security, and build a sustainable, green future, for generations to come.”

DEWA manages and operates the Mohammed bin Rashid Al Maktoum Solar Park, which is one of the largest strategic renewable energy projects in the world that is based on the Independent Power Producer (IPP) model. The 13MW first phase became operational in October 2013. The 200MW second phase of the Solar Park, which will be operational by 2017. In addition to generating electricity using PV panels, the Mohammed bin Rashid Al Maktoum Solar Park hosts a number of world-class facilities. These include a solar testing facility to study and evaluate the performance, long-term stability and reliability of the panels under actual local weather conditions. It also collaborates with international organisations on soiling and dust mitigation on PV equipment. The tests that are currently being performed will set a baseline for the development of specifications, tests and standards for PV equipment in the region. The Solar Park includes a Research and Development Centre (R&D), a solar-testing facility, an innovation centre, a university, and a training centre.

Saeed Mohammed Al Tayer MD & CEO DEWA

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“To achieve our vision to become a sustainable world class utility, we are working to establish sustainability, which is the roadmap that secures a brighter and happier future for Dubai, by launching distinguished world-class initiatives and projects in green development,” concluded Al Tayer.

October 2015

Dialogue Session

Shri Piyush Goyal Addresses India-US Ministerial Energy Dialogue; Emphasizes India’s Committment To Pursue A Green Path To Growth India-US Ministerial Energy Dialogue was held on September 21, 2015 at the US Department of Energy, Washington. Indian delegation was led by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and US side was led by Dr Ernest Moniz, the US Secretary of Energy.During the Dialogue, the Minister reviewed the progress made by the six Working Groups of the Energy Dialogue and identified new areas for cooperation.

October 2015

hey also reviewed various energy related issues agreed in the India - US Joint Statement during President Obama’s visittoIndiainJanuary2015. Shri Goyal stressed on the objective of the Government of India to provide 24x7 power across India by 2019 by creating cost effective infrastructure which was sustainable and inclusive of clean energy solutions. He emphasised that India was committed to pursue a green path to growth. He also elaborated on India’s ambitious plans for deployment of 175 GW Renewable Power capacities by 2022, including 100 GW of solar and 60 GW of Wind, which may require investment of around US $ 150 billion in the next seven years. He also expounded on the Government’s objective of construction of 100 smart cities which would include in its blueprint adequate provisions for power generation, usage of renewables and energy efficiency technologies, comprehensive waste management programme; usage of waste to energy technologies etc. He pointed out that India-US collaboration in the energy sector offered great potential, in view of India’s enormous energy needs and the US’s resources, capabilities and technology. He also welcomed US based companies to invest in the Indian energy sector and invited them to also participate in India’s unconventional hydrocarbons sector, especially in the field of exploration and exploitation of alternate energy sources such as shale oil, shale gas and gas hydrates. During the Dialogue, presentations were made on progress made under various joint research programme like Partnership to Advance Clean Energy - Research (PACE - R), including in the field of solar energy, energy efficient buildings and biofuels. Substantial headway has been made for the development of new technologies for distributed power generation through solar thermal route and development of new tools for improved building energy efficiency codes. It was also agreed to explore addition of smart grids and energy storage for grid application as the fourth stream under PACE - R.

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Dialogue Session

Picture’s taken from Mr. Piyush Goyal’s Facebook page

Presentations were also made on various aspects of integration of clean energy sources into existing energy infrastructure in India, as well as mechanisms for promoting financing for clean energy and cleaner fossil energy sources. Avenues for advancing off-grid clean energy access was also discussed in depth during the Dialogue. Bearing in mind the commitment of both countries to climate change, the focus of the meeting revolved on various dimensions of clean energy in order to ensure that people have access to adequate and affordable energy for better qualityoflifeandsustainablelivelihood. While capturing the activities of the Energy Dialogue in the last 10 years, the two Minister’s recognised that this was an appropriate forum for India and the US to identify various aspects of technical assistance in Energy sector as well as launch of pilot projects which can be scaled up at a later stage. The Indian delegation appreciated the activities of DOE, USAID and USTDA in various aspects of the energy sector in India especially for technical assistance in research, data collection, development of various regulations as well as for improving energy efficiencyappliances.

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he need to develop a robust energy data management system to develop better simulation of the energy scenario in India in the future was also recognised.Prior to the Ministerial Dialogue, all the six Working Groups under the Energy Dialogue held extensive deliberations on September 16-18, 2015. The six Working Groups included Working Groups on a) Coal, b) New Technology and Renewable Energy, c) Petroleum and Natural Gas, d) Power and Energy Efficiency, e) Sustainable Development and f) Partnership to Advance Clean Energy - Research .The Working Group on Coal identified some areas of coal mining where both countries could collaborate including on Dry Coal Beneficiation; Planning of Large capacity opencast mines; Rehabilitation and reclamation of mined out areas; Pre combustion moisture removal of raw lignite and Mining of deep seated lignite deposits.It was recognised that India had proven reserves of shale gas and US had well developed expertize for Shale gas extraction. Collaboration in the area of fracking of shale gas, especially water less fracking in India were identified as areas of future cooperation under the Energy Dialogue.Discussions were also held in the working groups on financing of clean energy technology This Dialogue is also an as well as on innovative affirmation of the fact financing for renewable that both countries have energy microfinance a strong commitment to and micro enterprises. collaborate in the energy Discussions were held on sector and promote greater various aspects, including technological innovation, advantages and challenges scientific collaboration, trade, of greening the grid, i.e., research and development, to integrate large scale deploying environmentrenewable energy sources friendly technologies and products, and promote sound into the electricity grid. Joint regulatory frameworks work under the 21st Century to deliver energy solutions Power Partnership laid the for sustainablegrowth. foundation for the “Greening Shri Goyal will also be the Grid” programme. In the participating in the first Indiapower and energy efficiency US Strategic and Commercial working group, in addition to Dialogue (SCD) on September scaling up of the existing 22, 2015 where he will speak collaboration, it was decided in the Plenary meeting of to work in the future on energy the SCD as well as present a efficiency in the following report on Energy Dialogue areas, namely a) Low Waste along with Secretary Moniz, under energy agenda of SCD. Heat Utilisation; b) Data Centre energy efficiency and c) Space cooling.The working groups also explored various options of translating joint research being undertaken under this mechanism to effective deployment by integrating research with deployment . It was also agreed to significantly scale up Promoting Energy Access through Clean Energy (PEACE), (India - US off-grid clean energy partnership), and develop innovative mechanisms to encourage participation of private sector investments for off-grid solutions.While recognising that coal based power plants would continue to be the mainstay of India’s electricity generation source in the coming decades, The Indian delegation urged the US to share technology related to supercritical coal plants as well as share best practices and tools to improve efficiency and carbon footprint of existing power plants. It was agreed to expeditiously conclude the following MoUs a) between National Energy Technology Laboratory (NETL) of the US and NTPC of India to improve power plant efficiency; b) to enhance cooperation on energy security, clean energy and climate change; as well as c) on Gas Hydrates.

October 2015

INTERVIEW

Interview with

Jim W Mullin Q. EQ : Please explain briefl y about your Group, its ba ckground, strengths JM : Applied Materials En ergy and Environmental Solutions segme nt includes systems for manufacturing wafer-based crystalline silicon (cSi) cells and modules. These systems are designed to increase the conversion efficiency and yield of solar PV devices in order to help reduce the cost per watt of solar generat ed electricity. Based on innovative technology, the se systems offer several key manufac turing benefits to customers including hig h productivity, advanced ultra-thi n wafer handling and extensive automation.

October 2015

Please enlighten our readers on the technology you propose for PV Manufacturing, its advantages

JM : One of the most crucial steps for producing cSi solar cells is creating the grid of very fine circuit lines on the front and back sides of the wafer that will conduct the electrons away from the cell. This metallization process is most commonly done with screen printing technology, where a metal containing conductive paste is forced through the openings of a screen on to a wafer to form the circuits or contacts. Applied Materials Baccini screen printing-based cell manufacturing platforms are the cornerstone of almost every solar factory today, renowned for their ability to process large volumes of PV wafers with the highest yields of high-efficiency cells.

The Global Solar Trade Wars…How is it likely to influence or change the landscape of Solar PV Manufacturing for India & the world

JM : Anti-dumping policies and duties are never helpful to the industry in the long run. When there’s competition, the key differentiator amongst vendors will be in the value of the offering provided. Indian solar manufacturers need to create differentiated products that focus on quality and efficiency to compete globally, and then allow natural market forces to determine the value of their products.

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INTERVIEW

Vice President, General Manager, Solar Products At Applied Materials Inc.

Prime Minister Narendra Modi “Make in India” Mission… What are your views. Does it excite you? JM : Initiatives like “Make in India” are very promising as they will help turn India into a global manufacturing hub. Shifting from a service-driven growth model to a manufacturing-driven model will help make the growth of the overall economy more sustainable. It will also have a strong multiplier effect that will help increase the value generated from all sectors within the high-tech ecosystem. This will have a positive impact on the job market, with the many new opportunities the entire ecosystem will create. For the solar industry in particular, the consistent and clear policy framework supporting “Make in India” is expected to drive significant manufacturing growth in the country. India has announced a very ambitious goal of having 100GW of solar PV capacity in place by 2022. In order to accomplish this, some of the manufacturing has to be done domestically.

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Please explain the technology roadmap in detail of solar photovoltaics, especially in reference to the technology you propose to offer

JM : The PV market is expected to remain strong through 2018 with 15% or more annual growth rates, while PV manufacturers focus on increasing cell/module output at 10 Watts or more per panel, per year. This competitive growth and the improving market conditions could lead manufacturers to accelerate efficiency improvements by implementing new technologies and adopting new cell architectures. Applied’s latest Tempo metallization system is setting new efficiency, productivity and cost of ownership benchmarks for manufacturing advanced high-efficiency cell designs. The system supports Applied Materials unique Fine Line Double Print (FLDP) technology and delivers record throughput, providing substantial efficiency, yield and cost benefits that translate into the industry’s lowest overall costper-watt solution for cell manufacturing.

October 2015

INTERVIEW

Please enlighten our readers on the technology you propose for PV Manufacturing, its advantages JM : Yes, it definitely is possible. India needs a robust and technologically advanced ecosystem where emphasis is not only on lower cost but also on technically differentiated products. This will drive scale, which then will drive costs down. Also the environment needs to be conducive for manufacturers to expand their capacity, so that they can take advantage of the benefits that come from operating at scale.

Technology obsolescence, How do you ensure your buyers against this threat when they deploy your manufacturing line

JM : The Tempo metallization platform addresses industry demand for high productivity at the lowest cost per watt. Capable of supporting industry-leading Applied Fine Line Double Print (FLDP) technology, this integrated metallization and test & sort platform produces high-efficiency cells at high yields with minimal fine line “finger” interrupts. Extendable to advanced cell architectures, including PERC, PERT/PERL, IBC, and Heterojunctions, the Tempo metallization system is designed to support current and future industry roadmaps for cell efficiency and cost targets.

Please explain in detail the various solar pv technologies and its suitability applications wise (which pv technology suits which solar application and why)

JM : Innovations and technology inflections for the solar industry start with the cell architecture as each cell has a unique set of quality requirements for the wafer, metallization, doping and passivation. These technologies form the heart of the cell process: making the substrate, inspection, doping, passivation and metallizing the substrate. To continue increasing module output by 10 Watts per year, the technologies at the heart of the cell process must support cost-effective high-volume manufacturing.

What are the key set of macro business environment such as infrastructure, business environment, finance, policy etc required in India

JM : A consistent and clear policy framework supporting “Make in India” will boost manufacturing in the country. Current interest rates in India are approximately 2-3 times higher than those in China. There is a need to bridge the impact of the difference in lending rates to enable manufacturers to take on debt and easily expand manufacturing capacity.

October 2015

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INTERVIEW

Why should someone buy your PV Manufacturing Equipment. Whats the unique and foremost advantage

JM : Advanced solar cells with greater than 20% efficiency require equipment with precision engineering capabilities to meet cost per watt targets. Applied Materials’ products and process integration know-how enable higher efficiencies and lower costs. The key enabler to make this happen is our Fine Line Double Print (FLDP) technology that allows cell manufacturers to produce cells with less silver paste, better print quality and higher efficiencies than conventional single-print cells. By reducing resistivity and shadowing, FLDP technology delivers a 0.2% gain in cell efficiency. FLDP optimizes the conducting lines of a solar cell by making them taller and narrower, thereby increasing cell efficiency while simultaneously reducing expensive silver paste usage. By printing the ultra-thin fingers twice, FLDP technology prevents interruptions in finger formation, resulting in tighter efficiency distribution, better quality and an increase in process yield. FLDP technology on the Tempo platform combined with sophisticated handling and high speed control allows the platform to increase the daily output without impacting printing process and quality.

Please enlighten us on how your equipment, technology and customers are performing in India & Worldwide

JM : Applied Materials currently has a worldwide install base of approximately 1400 metallization systems, giving us significant market share. All of the top 10 cSi cell manufacturers currently have Applied Materials Baccini systems in highvolume manufacturing.

Please present some case studies, technical article, installation report with your interview

JM : Applied Tempo platforms are successfully being used today by multiple PV manufacturers worldwide. Among the more recent customers to run the Tempo platform in high-volume production are JA Solar Holdings Co., Ltd., one of the world’s largest manufacturers of high-performance solar power products, and Jinneng Clean Energy Technology Limited (Jinergy), which operates a solar manufacturing facility located in China’s Shanxi province with an annual capacity of 500MW of solar cells and 600MW of module production.

EQ : What are the expected costs of solar pv in the short-medium and long term JM : Excess manufacturing capacity and competition has forced manufacturers to continually lower their cost to manufacture solar cells and modules. Over the past four years, the industry has demonstrated improvements of approximately 10 Watts per module per year, translating to improvements in cell efficiency of 0.6% per year, while the cost to manufacture these cells and modules continues to decline. The average cost of a solar panel stands at $0.55 – $0.60 today and the consistent improvements in cell efficiency point to an underlying “Efficiency Clock” driving the technology and manufacturing roadmaps for the solar industry.

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October 2015

SOLAR ROOFTOP & OFF GRID

Save On Your Electricity Bills For Up To 25 Long Years With Tata Power Solar

This latest offering will enable rooftop consumers to, both, generate clean and green power as well as save on electricity bills for up to 25 long years.

ata Power Solar, having installed 65 MW of rooftop and distributed generation projects across India, is looking to create awareness and influence the uptake of solar power in urban India. This two-way Tata Solar Dynamo system serves as a complementary source of energy, supported by a net meter, allowing users to both generate power to meet their needs and route excess power back to the grid. Users can either fully or partially off-set their captive consumption, allowing for up to 100% savings on electricity bills based on installation capacity and power usage. Additionally those feeding excess power back to the grid will receive monetary compensation, subject to state policies.

“India’s residential rooftop market holds tremendous potential, and state specific net metering policies provide the needed impetus for consumers to take up rooftop solar. We are excited to enter the urban residential and SME market with a specialised offering, bringing the promise of brand Tata to an evolving sector in India. Through awareness campaigns, we want to get consumers to recognize solar energy as a viable and cost effective electricity option thereby influencing solar and clean energy adoption.”

- Mr. Ashish Khanna, ED & CEO, Tata Power Solar

October 2015

This easily installable modular structure, ranging from 1KW to 100KW, is compatible with various types of rooftop constructions and materials. Users get to enjoy a 25 year and 5 year warranty on the modules and inverter respectively, and the system’s no-battery feature offers a maintenance-free experience. Additionally, for customer convenience, the coordination with distribution companies is handled by Tata Power Solar’ appointed dealers. Through a data logger customers can remotely monitor the system output and overall performance. The Tata Solar Dynamo system comes with long lasting module mounting structures and high efficiency inverters, ensuring the solar generation is maximised at any given point in time. As part of this launch, Tata Power Solar has initiated a solar awareness van project in Bangalore and Hyderabad to encourage people to ‘Go Green’. These solar awareness vans come fitted with a customized system to showcase and engage with consumers at city pulse points, educating them on the benefits of rooftop solar.

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SOLAR ROOFTOP OFF GRID

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SOLAR ROOFTOP & OFF GRID

October 2015

PV MANUFACTURING

Achieving Increased Reliability in Photovoltaic Installations

- Dr. Bengt Jaeckel, Principal Engineer (PE) â&#x20AC;&#x201C; Renewable Energy, UL International Germany Gmb

Photovoltaic (PV) module manufacturers, installers and project owners share a common interest in the long-term performance of PV installations.

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n evaluating the reliability of a PV system, it is important to focus not just on the PV module but on the entire system. An installed PV system can provide the expected level of service only if all of its components, from the solar cell to the connection to high voltage transmission line, perform as expected, and if the entire PV system is properly maintained. Specific properties of PV system installation sites, such as ambient conditions, equipment temperatures, soiling and contamination can also have a direct impact on the performance and expected life of a given installation, and can contribute to different site-specific degradation rates. In addition, the ongoing consolidation of the PV industry may result in the demise of some manufacturers, undercutting the potential benefits of manufacturersâ&#x20AC;&#x2122; warranties. To avoid these problems, PV manufacturers should adopt a holistic quality control protocol to address key issues such as sampling rates, test plans and test durations. This UL white paper discusses various testing methods that can be used by manufacturers and customers to assess the reliability of PV modules in real world conditions. The white paper begins by reviewing the importance of both module durability and reliability in PV system performance, and discusses the drawbacks of theoretical models of life expectancy in assessing module reliability. The white paper then presents a framework for assessing module PV reliability, and illustrates how three different tests can provide meaningful module reliability data in the context of an ongoing quality inspection program.

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Figure 1: Various degradation rates vs. warranty promises on an arbitrary time scale

Theoretical Approaches to Estimating Service Life The task of modelling the lifetime or lifetime cycles of PV modules is based on a number of assumptions. These assumptions are combined with lab-measured data and, to some extent, information from field experience and product returns from the field. However, the photovoltaic industry is relatively new, rapidly changing and focused on increased efficiency, i.e., higher efficient cells, new materials, new designs, etc. In contrast, PV lifetime expectations can range from 20 to 30 years. These factors significantly limit the availability and value of data that can be used today to predict expected PV service life. In order to answer important questions regarding PV modulesâ&#x20AC;&#x2122; service life, accelerated aging test protocols are often used. From these tests, activation energy (Ea) can be determined by using an Arrhenius-approach. Typically Ea measurements for temperature, humidity and ultraviolet (UV) are identified and used for first life time prediction calculations. 1,2,3,4 Eas, combined with local weather data, provide the basis for those calculations of an anticipated service life.

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However, the basic problem with this approach is that it relies on the triggering of a single failure mechanism only. In reality, a combination of different concurrent degradation mechanisms occurs, along with random and locationspecific weather-related events (wind, wind gusts, storms, snow, ice and hail) that are nearly impossible to predict. Figure 1 illustrates different observed power loss curves for an assortment of PV modules (dotted lines), together with possible step -warranty curves (blue and orange lines). The green and red curves shown are arbitrarily-combined degradation curves, with each curve the result of three separate factors. The key question posed in this illustration is which of the two step-warranty curves (the orange or the blue) more closely aligns with actual lifetime performance. To improve on the theoretical approach for estimating PV lifetimes, it is necessary to understand the interaction between various environmental conditions and the observed impact that each of these conditions has on PV modules. This requires the collection of performance data from various locations, and an analysis of the data to determine possible root causes for failures. Table 1 lists various environmental parameters and displays some observed impacts that result in PV module failures.

October 2015

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PV MANUFACTURING

TABLE 1: List of environmental parameters and observed impacts on PV modules

Addressing Reliability The durability of a PV module is a byproduct of its design. PV module reliability, on the other hand, is dependent on the quality and integrity of the process used to manufacture the module. Even small variations in material quality or manufacturing processes can impact the reliability of a component. Testing and certification of a PV module to the requirements of a given standard typically focuses on verifying that the fundamental design requirements have been fulfilled. A different battery of long-term stress tests and test-to-fail protocols have been proposed to verify the durability of PV modules.5, 6, 7 It is often assumed that such long-term testing also assesses the reliability of a PV module, but reliability testing verifies that a product has been consistently produced within the original design parameters. 52Â

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Reliability testing increases confidence in production quality, and usually takes less time and costs less than durability tests. To be effective, reliability testing requires checking more than just one or two samples. An industry-based standard, such as ISO 2859-1,8 can provide guidance on how to select and evaluate production samples, as well as the criteria that can be used to determine whether a batch of tested products should be accepted. Based on an actual history of sample acceptance and rejection, a more or less stringent sampling plan can be used. However, given their importance in the reliable operation of PV systems, more sophisticated quality checks are necessary when it comes to PV modules.

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PV MANUFACTURING

Table 2 illustrates the range of tests in ISO 2859-1, including: • Number of samples to be evaluated by inspection level (S1 -S4 and G1-G3) and the size of the PV project • Acceptance quality level (AQL) • Allowed percentage of failed samples The number of samples to be evaluated assumes a statistical distribution of product variations. The AQL defines the confidence in accepting or rejecting a given batch of samples. For some critical tests like safety, a low AQL (such as 0.1, for example) would signify no tolerance for failures (zero-failure tolerance). In other tests, such as those used to assess visual defects like misaligned cells, higher AQLs may be acceptable. Industry standards often provide baseline pass/fail criteria, and more or less strict criteria can also be applied depending on customer requirements. However, specific pass/fail criteria must be identified for each test prior to the project and its testing. UL’s own suite of test offerings include short-term quality tests as described above, as well as extended versions of each test to evaluate long-term durability or test-to-fail limits. Table 3 provides an overview and a brief description of each test as well as the PV technology to which each test is applicable.

TABLE 2: Selected test suite for reliability testing

Note: The table shows proposed inspection level, number of samples required for each test and the number of module failures allowed following ISO 2859-1. Entries for “a)” refer to a 1MW plant, “b)” to a 10MW plant “c)” to a 50MW plant using 240W modules).15

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October 2015

PV MANUFACTURING Details of Selected Tests The following sections discuss selected reliability tests for PV modules, and illustrate their potential value in assessing PV module reliability. It is important to note that, while these tests are not overly time-consuming or costly, they require the evaluation of a minimum number of samples in order to produce statistically significant results.

Flash test The flash test is an efficient way to verify the output power of PV modules within a given range of uncertainty. The uncertainty is primarily driven from the spectral response of a given PV module, the used light source and general measurement uncertainties from the calibration chain. The last uncertainty is usually constant, but the first two can result in a significant impact on absolute measurements, especially for thin film technologies. Aside from these limitations, the flash test can be used to investigate the following areas associated with module reliability: • Determination of initial power loss resulting from preconditioning • Production flash list verification • Verification of name plate rating These three factors are critical for any valid yield estimation. To achieve even greater levels of confidence in yield estimation, it is best to rely on measured data from the actual PV modules that will be used in an installation. This can be achieved by picking testing samples on site. Depending on the absorber technology used in a given PV module, there is an initial power loss of the solar cell. The average initial degradation is typically below 1% for multi-crystalline cells, but could be as great as 5% for mono-crystalline cells. Figure 2a illustrates the potential spread in actual values of initial power loss. However, in an installation with several thousand modules, this spread is averaged out over all of the modules. Production flash list verification is an important first step in selecting a PV module manufacturer. The production flash list verification compares the measured power output parameters from production with labeled values as well as those derived from third-party measurements. This verification validates the calibration chain of the PV module manufacturer. Flash list verifications are typically conducted on at least 20 individual modules to assure a normal distribution of defects and to lower uncertainty. Generally higher measurement uncertainties should be taken into account in cases where fewer modules are being tested. PV modules are usually sold on the basis of their name plate rating. The Watt rating that appears on a PV module nameplate is used in conducting energy yield simulations, which means that accurate nameplates are a critical factor in achieving the energy yields predicted for a given installation. Consistent with the requirements of standards EN 50380 and UL 4730, the ratings that appear on name plates must account for all initial degradation or light soaking effects. Therefore, PV modules should be stabilized prior to measurement, and the measurement should be compared with the rating that appears on the name plate. An example of name plate rating values is illustrated in Figure 2b. In this instance, the actual power measured is about 2.2% below stated name plate rating. Such a discrepancy would likely result in a gap between anticipated and actual power output. 54

October 2015

Figure 2: Example of flash test verification. a) Power loss of modules after preconditioning. b) Power deviation vs. power stated on name plate.

Electro-luminescence: Failure detection and mapping A second evaluation method, electro-luminescence (EL) imaging, is primarily used for crystalline silicon PV modules because there is widespread acceptance of the types of module defects that are visible using this method.11,12 There are several different types of defects that can be identified with EL imaging, each with its own root cause and performance impact. Evaluating EL images according to commonly prescribed methods can provide useful information regarding PV module reliability. Figure 3 shows two modules, each with a different number of cracks with varying degrees of severity. Modules similar to those depicted in module #1 are usually acceptable and can reliably generate power. Modules similar to those depicted in module #2 often exhibit inactive areas after a short period of time, leading to severe power losses.

Module #1

Module #2

Figure 3: EL image of two modules; Module #1 shows some minor severe cracks, while module #2 shows a number of critical defects.

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PV MANUFACTURING

Shipment #1

Shipment #2

Figure 4: Failure mapping using Electro-luminescence to detect production variations between shipments. Shipment #1 shows a normal, randomly distribution of some defects. In contrast, shipment #2 shows 5-times more defects with some locally very high number of defects e.g. cell J-5. By evaluating multiple images from a single batch, it is possible to determine a general level of quality from the number and distribution of defects. An illustration of such an evaluation is presented in Figure 4. Each shipment includes the same number of modules. In shipment #1, only a few randomly distributed defects were identified, representing an acceptable result. However, in shipment #2, the number of defective modules has dramatically increased, and defects and cell cracks appear concentrated in the region I4 to J5.

Together, these observations point to a significant issue, either in the manufacturing process, the transportation of completed modules, or both. In any event, the results depicted in shipment #2 are not acceptable, and further investigation is warranted to identify root causes. Additional actions could include an EL inspection of all modules prior to installation, or more frequent inspection and testing of PV systems already in operation.

Potential Induced Degradation At present, potential induced degradation (PID) is primarily associated with crystalline modules. Although a number of c-Si module manufacturers are now offering PV modules that are purportedly PID resistant, PID remains an unsolved problem. Efforts to address PID are further complicated by the use of different test procedures and comparability metrics, as well as a lack of data about the links between PID and recovery effects. Unfortunately thinfilm PV modules are also not always resistant to potentials versus ground. Early thin-film modules exhibited a number of problems with transparent conductive oxide (TCO) corrosion (also known as bar graph corrosion), a clearly visible defect. But today’s thin-film modules can also exhibit severe PID, a condition that is not as easily detected by standard test protocols.13 The focus of PID testing can vary, depending on the desired outcomes. However, some options include:

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• Screen PV modules for PID susceptibility • Shipment-to-shipment verification for PID susceptibility • Screening of module materials (cells and encapsulants) • Standard testing conditions (STC) and low-light performance testing after PID testing The first item on this list may seem obvious, but the additional options can provide further insights into longterm module reliability, enabling more expeditious actions to identify and address PID. Figure 5 illustrates the results of a PID screening test of three types of modules from different manufactures. Type 1 modules show a nearly linear degradation over time with different susceptibilities. The Type 2 module shown is actually an extreme case of a Type 1 module, since it quickly reaches 100% of possible degradation and cannot degrade further over time.

Type 3 modules are typically stable during the first phase of the PID test, but begin to degrade quickly once they reach a certain threshold of potential application.14 It is crucial to find out the general behavior (Type 1 or 3) under continuous laboratory voltage stress tests, but also to investigate recovery aspects of the module and possible system-related options.16 Since PV modules can produce such widely different results, it is important to set reasonable test parameters. Selected parameters might depend on prior knowledge of the module type or the actual scope of the test, for example, quality check or durability investigation. UL’s own default test program subjects modules to system voltage for two weeks by applying the potential via a conductive foil, resulting in a homogeneous screening of the entire module and all of its solar cells. This default set of parameters can be adjusted and customized to address the specific needs of a given project.

October 2015

PV MANUFACTURING

Figure 5: Survey of different modules regarding their susceptibility to PID, with three different degradation rate types

Conclusion provide Summary and rs are expected to lace, manufacture

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October 2015

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October 2015

57Â

INTERVIEW

How does a Grid Connected Captive Rooftop Solar Power Plants Operate?

Q. EQ : Tell us more on OPEX model? KD : Solar OPEX model is basically a sustainable growth model which creates real time value for consumers from the day one. It is essentially for consumers who do not want to take the financial, operational & Technical risk of investing Capital into a solar power plant. The real objective is to take away entire risk of technology and operating risk from the consumers and let the experts do the job who is best equipped to manage it. In such a mode the project developer who is well versed with the solar technology takes over the risks in return for a suitable charge. By doing this the effectively convert the consumers CAPEX into an OPEX.

How does a Grid connected Captive Rooftop Solar Power Plants Operate?

KD : Captive Grid connected Rooftop Solar Power plants are used to generate electricity by making use of day time solar energy. It consists of arrays of solar photovoltaic panel that get mounted on a variety of rooftops using Mounting structures. The DC power which gets generated from Solar PV panels is converted into AC power with the help of Solar Grade smart Inverters.The power is then fed into the existing Distribution network in the premises which is after the utility grid meterand gets consumed by the loads or exported to the grid as the case may be.With help of inbuilt smart logic in the inverter the solar power is prioritized over Grid power, which enables substitution of the grid power.The entire system is fully automated & doesnâ&#x20AC;&#x2122;t need day to day intervention. With inbuilt features of remote data monitoring & logging, one has easy access to generation data on a smart phone and PC.

What is the growth focus for Fourth Partner?

KD : Our focus is to understand the power needs of our clients and provide them with suitable solutions. While we will continue focus on commercial and industrial clients, we feel the time is ripe of mass adoption of solar on residential rooftops. This is another vertical that we are excited about.

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INTERVIEW

Kapil Dongle Business HeadRooftop Solar At Fourth Partner Energy Pvt. Ltd.

What has been your experience in offering the OPEX model to your Clients? KD : It has started to gain the grounds in true sense.Consumer is very comfortably accepting it. Since it meets their objective of a stable power supply at a lower tariff with little or no upfront investment. We have been able to reduce the decision making variables to the consumer to a large extent which helps in a faster turn around and adoption of solar power. In a sense a market has been created where there was none. Moreover, combining our strength of engineering with viable commercial and financial alternatives helps us deliver better value to the consumers.

What category of clients can significantly benefit from the model? KD : Primarily, it makes sense for commercial spaces, shopping malls, educational institutes, IT companies, Industries where there are larges space available on the rooftop & are lying low with zero opportunity cost and also at the same time their power cost is very high. Further electricity consumption is heavy in the day time when solar is generating power. It makes natural business case to switch to solar.

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Tell us about your company & recent second round of funding…

KD :We are a leading “MNRE A” rated full services RESCO (‘Renewable Energy Services Company’) providing Solar Design, Engineering, Installation, O&M and Comprehensive Maintenance Services. We have completed almost 350 solar installations across the country with marquee clients such as ICICI Bank, Ernst & Young, Glenmark, Pricol Ltd., Indian Oil Corp., Engineer’s India, Moolchand Healthcare, Salzer Magnet Wires, Gilbarco Veedor-Root, Andhra Bank, BIS, SBH, Axis Bank, NBC Bearings, Manipal University, NTPC, ETA Group and several educational institutes. We have raised about USD 2 million. Infuse Ventures, a sustainability and clean technology fund, led this round of investment. There was also a commitment from Fourth Partner’s existing investors – The Chennai Angels (TCA). The company also received a commitment under the Seed Capital Assistance Facility (SCAF) implemented through the United Nations Environment Programme and the Asian Development Bank.

October 2015

PV MANUFACTURING

Fourth Partner Energy Raises Series-A Round From Marquee Investor In line with Prime Minister Modi’s vision of plentiful energy in the future driven by solar power, Fourth Partner Energy a leading company focussed on Distributed Solar Power, announced that it has raised almost USD 2million in the next round of Series-A funding. Infuse Ventures, India’s top sustainability and clean technology fund, led this round of investment which also saw a commitment from Fourth Partner’s existing investors - The Chennai Angels (TCA).

he company also received a significant commitment under the Seed Capital Assistance Facility (SCAF) implemented through the United Nations Environment Program and the Asian Development Bank.Fourth Partner Energy (4PEL) was founded in 2010 by Vivek Subramanian, Saif Dhorajiwala and Vikas Saluguti. The Entrepreneurs come from a background in Finance and Entrepreneurship. Fourth Partner Energy has a pan-India presence with offices in Hyderabad, Pune, Gurgaon, Chennai, Rajkot and Jaipur. 4PEL has built end-to-end capability including financial structuring, design, turnkey execution, servicing of captive solar assets and is positioned to take a leadership role in this disruptive market segment. The Company is a full-services RESCO (Renewable Energy Services Company). With almost 400 solar installations across India at marquee public and private sector companies, 4PEL offers its industrial and commercial customers the flexibility of choosing a financing model best suited to their needs and allows them to leverage solar energy to reduce their power costs. The additional round of funding will enable Fourth Partner Energy to extend more financing options to their clients.

“The solar sector in India is at an inflection point today with the coming together of various factors like increasing parity with grid power, regulatory support through norms like net metering and increase in government’s targets. The biggest problem holding the sector back is availability of finance which the Company will focus on. The team at Fourth Partner, with its strong organisation and past experience in Finance, is well-placed to tap the opportunities unfolding in this space. We look forward to working with Fourth Partner Energy in bringing innovations in the solar sector”

- Amber Maheshwari, Vice-President, Infuse Ventures 60

October 2015

“We see a lot of capital waiting to enter the Indian market to support the aggressive growth plans of the solar industry. As a fully integrated RESCO with a proven track record led by a strong experienced team, 4PEL is uniquely positioned to partner with international and domestic financiers. The financial viability of rooftop solar projects has been proven. At Fourth Partner Energy, we are creating a sustainable business with a long term vision for the sector. We see ourselves as being a significant player in garnering investments to execute Government’s vision of 40GWp (~USD 40 billion investment) of rooftop solar by 2022.”

- Mr. Vivek Subramanian, Executive Director, Fourth Partner Energy

“We are happy to participate in the Series-A round as well. We believe that Distributed Solar is where the future is. Today, solar energy cost has achieved parity with several electricity boards and it is a matter of time before we go substantially lower. Rooftop solar will explode over the next few years. And we have a committed and aggressive founder management team to boot”.

- Mr Narayanan, Chennai Angels.

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PV MANUFACTURING

PID & LID - Devastating Phenomena For PV Plants - Hugo Silva , Business Development Manager , Logica E.M. S.A

PID & LID - two different kinds of Induced Degradation of PV modules. In the first case (PID) conducted by high voltages, and the other (LID) conducted by sunlight (real or simulated). The purpose of this article is not to extendly describe the micro-scale source of these phenomena, but, some real consequences at the MW scale PV plants, considering the basis of a PV project – the simulation by software. LID - Light Induced Degradation

Arround 57% of the tested modules showed a power loss of more than 3% (as intended to be the power degradation for the first year of operation). Note that these results were obtained after (only) 3 days of sun exposure.

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Silicon PV modules have a natural degradation due to the physical reactions (electrons flow) through the p-n junctions of a PV module. Nevertheless, a concept of (initial) “Power Stabilization” should more widely used, recognized and had into account. “Power Stabilization” is an initial degradation occured when modules are exposed to sunlight. The average percentage of power loss for the first year is usually advertised (in manufacturer’s datasheets) to be arround 3%. “Power Degradation” is nowadays adverstised to be arround 0,8% for the following years, i.e., after the so called “Power Stabilization”.The graphic below sumarizes the deviation of Power (Pmpp) of Monocrystalline and Polycrystalline PV modules (a total of 58 modules, different brands) relatively to manufacturer’s data. The test was done to new modules, exposed to real sunlight 25 kWh/m^2 (which means 3 days, according to testing site, Lógica E.M. S.A., Portugal). After the irradiation exposure, modules where subjected to Maximum Power Determination under STC conditions.

October 2015

PV MANUFACTURING PID-Potential Induced Degradation PID usually occurs when modules are in strings operating at high voltages (near 1000 V, but not only), combined with very warm and humid weather. Dust and glass degradation (releasing Sodium ions) may catalyse the PID phenomena. PID affected modules (oftenly from the negative pole side of a string) usually have a pattern of “black” cells, i.e., cells that were shut down closer to the frame of the module. This pattern has to be with the flow of negative charges, due to the excess of positive charges. There is an IEC standard (yet in Draft stage) that aims to test the resistance of PV modules to withstand PID phenomena. Basically one of methods consist is subjecting PV modules to ±1000 V (DC) inside a climate chamber at 85% rH and 60 ºC, for 96h. The graph shows the Pmpp and Electroluminescence images, before and after the 96h test.

The result showed above means a power loss about 25% after the 96 hours PID stress test. The “Pass” criteria defined at IEC PID standard states that power loss cannot be above 5% between initial and final measurements. Although this result is relatively to 1 module, it’s representative of dozens of PID tests done by the same laboratory to different modules.

LID and PID consequences Project of a 10 MW PV plant case study - Ahmedabad Let’s consider some assumptions to facilitate the approach: •

10 MW PV plantat Ahmedabad;

•

Feed in Tariff (FiT) Rate INR 5,4/ kWh ;

•

Energy forecast performed by “software” (avoiding advertisements, it’s a PV project software used globally), using three methods:

Modules parameters according to manufacturer data;

Modules parameters according to real/measured values on a PV laboratory;

Modules parameters acc. to manufacturer data, but filling the options “Module Quality - LID - Mismatch” at the “Detailed losses” software window;

•

LID mismatch of 5,5 %;

•

PID effect resulting on a deviation of 25 % relatively to the initial measurements.

The three simulations were done using 250 Wp rated modules, with 11 MW of installed capacity, limited to the grid at 10 MW. PID usually doesn’t occur at the first year of operation, although; let’s assume a total mismatch (due to the two phenomenas) of 30,5 % - the worst scenario. 62

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PV MANUFACTURING

A very optmistic result is obtained by making use of manufacturer’s data. Although, replacing the PV module parameters (at “software” modules database) by the real values measured on a Solar Simulator, the amount of energy injected into the grid is less 36,2 %(comparing with the manufacturer’s data). For the case of simulationc), making use of “software” alghoritm, and filling the LID and deviation relatively to manufacturer’s data (I used this one for PID effect), the amount of energy injected into the grid is effectively less 30,5 % comparing to the manufacturer’s data simulation. Picking up the same assumptions and performing a different assessment but more realistic; simulation results will be closer to the reality. So, for the next scenario these are the assumptions: • • •

Two simulations, one based on real/ measured data, and the other, based on manufacturer data; For the “real/ measured data” simulation, the assumption is that from the beginning there’s a LID loss of 5,5 % from the beginning, a yearly degradation of 1 % and PID will affect modules at the “Year 3” by 12 % loss of power relatively to the previous year; For the “manufacturer data”, no LID loss was considered, except a power degradation of 0,7 %/year, and no PID effect.

Results couldn’t be more expressive.

Concluding... One of the main goals of this text is to warn for two “issues” that can have a strong influence at the performance of a PV plant. Most of the project developers and investors are aware of PID and LID mismatch, but how to quantify their effect on the stage a PV plant project? Another goal is to alert for inaccurate energy forecasts. Taking into account that majority of softwares have already specific tools where the user can fill with the percentage of deviations relatively to manufacturer’s data, there’s nothing better than consider real/measured values such as Pmpp, Voc, Isc, Impp, Isc, Eff., etc... but also Temperature Coefficients play a crucial role, as well as others. Last, but not the least, and regarding an accurate/ inaccurate PV project, there is a huge difference between considering the Yearly Power degradation, and Yearly Energy degradation. The effective Pmpp difference at the beginning of operation is arround 4,8%, which leads to a difference of energy production arround 6,0%. It shall not be considered that Yearly Power degradation has an equal percentage of YearlyEnergy degradation.

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October 2015

SOLAR ENERGY

PowerGrid To Set Up Lines To Link Solar Parks With ISTS Government has nominated state-run Power Grid Corp for developing power transmission lines connecting solar parks and Inter-State Transmission System (ISTS), which has led to some private companies crying foul that competitive bidding route should have been followed. The power transmission lines for connecting solar parks and ISTS in the country will be set up by the Power Grid Corporation, a source said.

E Government has decided to include all transmission lines connecting solar parks to ISTS as part of the green corridor which will be set up by Power Grid,

- said the Source

arlier, the government had nominated the Power Grid to set up the green corridor or ISTS for evacuating power from solar parks worth over Rs 15,000 crore. The source said that Power Grid will set these lines including pooling stations within tight schedules because solar plants are set up in around two years time. “The government should have gone through competitive bidding route for the ISTS as well as for transmission line linking the green corridor with solar parks,” said an executive of a private power company. He said the government has missed one more chance to attract private investors and improving cost competitiveness through tariff based bidding. Earlier this year, Power Grid board had approved an investment of over Rs 3,705.61 crore for implementing green corridor or ISTS Scheme-B. “The PSU (PowerGrid) already has more than Rs 40,000 crore of capital works in progress, which need to be implemented. Perhaps the future projects should be spread across a few parties rather than single party, that too with strict timelines and penalties for delay,” said another executive of a private company. Globally. transmission evacuation for renewable energy is done by auction method, similar to TBCB (tariff based competitive bidding) method. One of the executives said, “The auction of transmission projects will not only lead to reduced tariffs, but it will help diversify the pool of transmission developers in the country, and bring in world class technology for faster delivery of lines.” In May, Power Minister Piyush Goyal had said that “Transmission projects of Rs 1 lakh crore are to be bid out in 6 months”.

“This announcement has led to a lot of excitement amongst global transmission players, and they are now eager to participate. This opportunity must not be lost.”

- A Executive said According to the Power Ministry, a total of 22,100 circuit kilometres (CKM) of transmission lines and 65,554 megavolt ampere (MVA) transformation capacity have been achieved in 2014-15 as against the target of 20,882 CKM and 47,871 MVA, the highest ever in a year.

October 2015

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October 2015

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POST SHOW REPORT

REI 2015 Reiterates Renewed Thrust On Renewable Energy In India Industry lauds Asia’s Largest Industry Congregation by UBM India

• • • • • •

Over 550 exhibitors, 20000 visitors, 35 countries & 6 country pavilions The CEO Conclave session on way ahead strategy to achieve government’s vision of 24x7 power for all Industry conference on “Harnessing Tomorrow’s Energy Today- A Unified Approach” Winners of Business Plan Competition offered funding options Global Interest, International Investments & Technology Breakthroughs Mark 9th Edition Presence & support of Central & State Governments amongst renowned Indian & global brands

he 9th edition of Renewable Energy India Expo (REI), hosted by UBM India concluded at the India Expo Center, Greater Noida. The event was supported by the Ministry of New and Renewable Energy- Government of India (MNRE), Indian Renewable Energy Development Agency (IREDA), New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP), National Institute of Wind Energy (NIWE), Indo-German Energy Forum Support Office (IGEF), Tamil Nadu Solar Energy Developers Association (TNSEDA) and Solar Power Developers Association and Indian Biogas Association. REI 2015 featured country pavilions from China, Japan, Italy, Taiwan, Canada & USA, with New Zealand entering the Indian market with a delegation of business houses led by Honourable Ms. Amy Adams, New Zealand Minister for Justice, Courts, Communications and Broadcasting. REI saw over 550 participating companies from around 35 countries. The show served as a showcase and launch pad for companies to introduce new products and technologies.

October 2015

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DuPont exhibited panels from its extensive field testing program demonstrating long-term durability and its latest advanced materials. Key materials included two new DuPont™ Solamet® photovoltaic metallization pastes for high-efficiency solar cells, Tedlar® polyvinyl fluoride (PVF) film-based backsheet materials, and high-performance polymer resins for photovoltaic panels and parts EMI Infratech Pvt Ltd. who launched their solar home lighting and fan (SHL108W). SHL108W will come with 3X 1W LED lamps for 8 hours night glow and with one 10W table fan which will also run for 8 hours as well. This will be an affordable solution which will include 2 mobile charging ports with each 1.5A capacity. These ports can be used to even charge our mobile phones A 1 MW inverter for Indian wind applications by Delta Power Navitas Green Solutions Pvt. Ltd. launched their Sapphire series of solar PV modules PV Power Tech launched high efficiency 4 bus bar cell with 260 watt module in 60 cells;

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POST SHOW REPORT

The highlights of the expo included a three-day conference with multiple sessions on the landscape of the renewable energy industry by over 120 renowned Speakers from across the industry, a live demo of a Hydrogen fuelled concept car at the Japan pavilion, workshops by Global Sustainable Energy Solutions (GSES), technical workshops by National Institute of Wind Energy (NIWE), the New Zealand Cleantech and Renewable Energy Roundtable, World of Innovation- the launch-pad arena and the Business Plan Competition. The CEO Conclave session at the conference saw eminent Speakers Mr. Ashish Khanna, Executive Director & Chief Executive Officer, Tata Power Solar; Mr. Pashupathy Gopalan, President of Asia Pacific, SunEdison LLC; Mr. Gyanesh Chaudhaury, Managing Director & Chief Executive Officer, Vikram Solar; Mr. Hitesh Doshi, Chairman and Managing Director, Waaree Energies Ltd.; Mr. Sunil Jain, Chief Executive Officer and Executive Director, Hero Future Energies Limited; Mr. Inderpreet Wadhwa, Founder & Chief Executive Officer, Azure Power; Mr. Vikas Dawra, Managing Director, Sustainable Investment Banking, Yes Bank; Mr. Madhusudan Khemka, Managing Director, ReGen Powertech deliberate on success strategies to achieve government’s vision of 24x7 power for all.

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“UBM India successfully met its objective for REI Expo 2015 in bridging the gap between Industry, Government & Investors. To support the Indian Government’s vision of achieving 1,75,000 MW by 2022, REI Expo served as the much awaited industry catalyst in bringing the technology and the international fraternity including investors to India to enable potential projects and set up manufacturing units under the “Make in India” campaign. The show which witnessed a two-fold increase in the number of visitors over last edition, clearly making it world’s 2nd largest industry event, concluded amidst industry applauds including from both International participants as well as Central & State Governments.”

- Yogesh Mudras, Acting Managing Director UBM India Pvt. Ltd.

October 2015

PR DUCTS

Suntech Introduces New Generation 1,500V Module At Solar Power International 2015

uxi Suntech announced recently that the company showcased two recent, and one upcoming, product lines in California at Solar Power International (SPI) 2015. The conference, recognized as one of the leading North American solar events, affords Suntech the opportunity to introduce its upgraded SuperPoly modules, boasting a 100 MW manufacturing capacity, and the high efficiency HyPro line featuring PERC technology, to the burgeoning US solar market. In addition, Suntech’s 1,500V high system voltage module, to be launched in October, will be on display at SPI.

”We’re very excited to unveil our newest product line, the 1,500V module, as well as showcase our high-efficiency SuperPoly and the HyPro modules, at Solar Power International 2015. As the demand and support for solar grow in North America, we see tremendous opportunity for Suntech and are honored to share our range of VDE certified products to support the shift towards an energy efficient and low-carbon future.”

- Victor Xiong, President, Suntech The new 1,500V high system voltage module, engineered for both utility-scale and commercial applications, achieves 3-4% reduction in balance of system costs compared to 1,000V modules. The new modules reduce the amount of required components and are lighter weight than traditional double glass modules. The SuperPoly, a polycrystalline module that integrates an indepth reflection technology and passivation process, enables the module to generate at least 2 power classes (approximately 10W) higher than the average industry-level module, reaching efficiency levels up to 16.6%. The SuperPoly 72 cell module is ideal for utility scale projects, producing 325W at peak performance.Following the upgrade of Suntech’s entire solar panel production line, all the modules to be showcased at SPI are four-busbar modules. Each one is PID (potential induced degradation) free with strong performance in low light conditions, and Suntech’s IP68-rated junction box reduces the possibility of water or dirt ingress.

Additionally the modules are backed by Suntech’s 25-year linear power warranty and 10 year product-warranty, and excellent customer service.

October 2015

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PR DUCTS UL Launches Specialized Solar Water Pump Testing Facility In Bangalore

(Underwriters Laboratories), a global safety science organization, launched their highly specialized Solar Water Pump testing facility in Bangalore, India. Equipped with highly sophisticated and robust test equipment, the facility is approved

by MNRE to conduct testing of solar PV water pumps to be used in agricultural irrigation purposes within the country.This facility is capable of testing two pumps simultaneously at a time using Solar PV array simulators which reduces the

testing time drastically to a day’s time. The facility is capable of testing both submersible (up to 10 HP) and surface pumps (1 HP). UL will be adding one more set-up at this facility to expand the surface pump testing to 5 HP in coming days.

“At UL, we are constantly evolving through our research, customer feedback and testing efforts to meet the ever growing consumer needs. This facility is a step from UL to support Indian Government’s vision of implementing Solar PV based water pumps for agricultural irrigation purpose and aims at providing our customers quality testing and certification services. This is one additional step in our growing list of services for the Renewable Energy industry and its applications.”

Mr. Suresh Sugavanam Managing Director and Vice President UL South Asia

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October 2015

PR DUCTS

New Bonfiglioli DC-AC Power Conditioners For Battery Storage Applications For The Indian Market

With the RPS TL-4Q inverter series, Bonfiglioli presents high-performance power conditioners for large gridconnected energy storage systems now also for the Indian market. The proven design is based on the successful RPS TL inverter platform by Bonfiglioli with over 750 MW of installations in India.

xcellent efficiency over the entire power range through Master-Slave management and an outstanding fault-immunity are achieved through a rigorous modular architecture. This delivers tangible advantages to your storage business case. The advanced inverter control system manages battery power with high dynamic performance and provides a comprehensive set of state-of-art grid support features. Fast and standardized bus interfaces make interaction with SCADA and energy management systems easy. RPS TL-4Q power conditioners can optionally be supplied as containerized turnkey inverter station solutions including medium-voltage equipment, simplifying and accelerating storage projects.

Other benefits of the RPS TL-4Q are certified compliance with international grid connection standards, support of static and dynamic voltage, frequency support functions and full reactive power range. The RPS TL-4Q inverter, available in 250kW to 1575kW range, is a keystone for building a battery energy storage system, compliant with all common battery technologies and ready to operate in an ambient temperature of 10 °C to +55 °C.Bonfiglioli´s high-level competence is proven by an installed power of over 2.5 Gigawatts in the segment of medium-size and large Grid Connected PV-plants. As a supplier of a couple of the world´s largest PV-plants, Bonfiglioli is trusted by many companies every single day.Bonfiglioli will be utilizing its India facility for manufacturing RPS TL-4Q series Inverters for catering to South-east Asia market, as shared by Mr. GA Balaji, Director Bonfiglioli India.

New PERC Efficiency Record Set Using Heraeus Metallization Paste

October 2015

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PR DUCTS

ET Solar Announces Next Generation Of Performance Optimized Modules

Solar Group ( ET Solar ), an advanced solar module manufacturer, announced at the 2015 Solar Power International (SPI) exhibition the certification and commercial availability of the new ET Cell Optimizer Module (COM). The ET COM modules incorporate next generation power management integrated circuits (ICs) developed by Maxim Integrated Products, Inc. (Maxim), a leading manufacturer of mixed-signal and analog semiconductors. The ET COM modules replace the diode function with active performance management bringing optimization to each cell string within the fabric of the module. By providing shade tolerance at the cell level, the ET COM modules will produce more energy -- even when compared to modules equipped with the leading DC optimizers or micro-inverters. Maxim’s technology is fully contained within the module and is not dependent on an external communications network or a specialized inverter to operate. The ET COM modules are compatible with all leading inverters, monitoring equipment, and mounting solutions; with an installation process identical to conventional PV modules. As one of the first global module suppliers to manufacture this new generation of PV modules, ET Solar is again demonstrating the technology leadership for which the company is known. ET Solar collaborated with Maxim to design, certify, and thoroughly test the new technology breakthrough.

”We are pleased to have developed the ET COM module with Maxim, to bring yet another leap in performance to our customers. We do this at a price point that will enable even the largest solar projects to enjoy the benefits of performance optimization.”

- Patrick Guo, Executive Vice President, ET Solar

nce again, Heraeus has contributed in setting a world record in solar cell efficiency. Heraeus’ front-side metallization paste has been successfully put to use to achieve a record PERC efficiency of 21.7%. The record cells were processed at the solar cell R&D line at SolarWorld in Freiberg. Heraeus has a long history of working with leading academic and industrial researchers to increase the performance and efficiency of advanced cell technologies.

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”One of the solar industry’s biggest challenges is lowering the cost of energy, so working with ET Solar to deploy a module to help solve this challenge is very exciting and rewarding. The ET COM module will help make more solar projects viable by improving their overall ROI.”

- Seth Kahn, Executive Director, Solar Products, Maxim Integrated

”We are proud of our efforts to supply our metallization pastes and research and development expertise in achieving this record performance. Heraeus has several paste formulations that are ideal for PERC applications. We also have the capability to modify our formulations for special cell design characteristics.We feel that our ability to work closely with our partners allowed us to provide a front-side paste that reduced recombination losses at the surface and minimized shading after the metallization process.”

- Dr. Weiming Zhang, Senior Vice President, Head of Global Sales & Head of Global Innovation, Heraeus Photovoltaics Global Business Unit

October 2015

PR DUCTS

Canadian Solar Showcased New Products At 2015 Solar Power International

Canadian Solar Inc one of the world’s largest solar power companies, Canadian Solar has introduced several new products at Solar Power International, including-• • •

The Canadian Solar Smart DC module (CS6P-260|265P-SD): An integrated Canadian Solar PV module featuring the SolarEdge OPJ-300-LV DC power optimizer The Canadian Solar 36 kW string inverter, which is the latest addition to the company’s 1000V UL, three-phase CSI-KTL-CT inverter family The Canadian Solar 72-cell, 1500V Diamond CS6X-P-FG PV module “Leading the DC optimizer market, SolarEdge believes that by embedding SolarEdge’s power optimizers directly into the modules during the manufacturing process, this will help accelerate the pace of PV adoption around the world. We are pleased that an important player, such as Canadian Solar, has joined us on this mission to provide optimized PV solutions designed to lower the cost of solar energy.”

- Lior Handelsman, Vice President (Marketing and Product Strategy) SolarEdge Technologies 72

October 2015

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PR DUCTS

Establishing The Next Generation Solar Inverters For Utility Scale Solar PV Power Plants

E’s commitment to bring advanced technology to the solar industry is enabling higher energy efficiency and making what was once a high cost option for utilities a low cost alternative for generating electrical power. GE is at the forefront of bringing the latest inverter technology to market and is in the process of helping NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc., operate some of the most costeffective solar parks in North America. GE Energy Management’s Power Conversion business will provide its latest LV5 1500V solar inverters, both at 2MW and 4MW, to equip solar farms in various locations across the U.S.A. The total installed capacity will be over 1GW and the project marks a turning point in the industry; it is expected to be the fastest and the largest deployment of 1500V technology by a single developer in North America, marking an anticipated industry shift towards the 1500V solar plant design.

“GE’s LV5 1500V inverter technology helps optimize the plant design by enabling a higher DC/AC ratio. This provides high technology maximum powerpoint tracking algorithms to help ensure maximum power throughput. GE is focused on providing the latest technology while ensuring all safety and quality standards are met while promoting high reliability when in operation. These factors are essential to keeping the plant cost down and providing increased plant efficiency to meet the extremely competitive North American solar market.”

- Mahesh Gandhi, Director of North American Solar Sales & Business Development, GE Power Conversion

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Building on the legacy of 1000V inverters, GE’s 1500V LV5 inverters are specifically designed for the solar industry. By increasing the voltage level, the LV5 inverter enables the inverter power station’s power rating to be doubled and thus decreases system losses and balance of plant costs. In addition, GE’s LV5 inverters have the latest software controls ensuring optimized power harvesting and a smooth integration of power produced into the grid.

This project also marks GE as an industry leader in providing a 4MW inverter solution. Compared to the conventional market offering of around 2MW, this 4MW block size means less inverter power stations leading to reduced construction costs and time, along with a significant reduction in operating expense. GE’s LV5 inverter technology occupies a smaller footprint while enabling cost savings and ensures efficient and smooth operation with full flexibility. This is at the heart of the LV5 technology’s offering, helping to improve cost performance in the solar industry.

“In making our choice, we insisted on having a technology that would not only be dependable and reliable, but that would also help make our offering increasingly cost competitive while yielding optimized productivity. We are pleased to be partnering with GE Power Conversion to help us achieve this,”

- Armando Pimentel, President and CEO, NextEra Energy Resources

“The global solar industry is growing rapidly. Delivering a costeffective solar power solution at utility scale is about finding ways to increase operational efficiency. GE is providing its latest technology that will efficiently convert solar energy into electricity. We are committed to delivering on NextEra Energy Resource’s expectations through the supply of our LV5 inverter and will provide support to help them drive down operating and maintenance costs over the life of their solar plants.”

- Mark Begor, CEO, GE Energy Management EQ

October 2015

PR DUCTS

SmartTrak Launches Nation’s First ‘Plug And Play’ Solar Micro-Inverter For Homes

martTrak, a rapidly growing solar tracker and solar inverter Modernizer Company, recently announced the launch of Nation’s first indigenously built budget friendly, efficient solar micro-inverter for residential and commercial market segment. The newly introduced rooftop solar micro-inverter is a device that converts direct current (DC) generated by an individual solar panel to alternating current (AC). For utilizing the E-Metering feature, the output from individual micro-inverters is combined and fed to the electrical grids. Smarttrak Solar Micro-Invertors are easy to install, safe, reliable and do not require any maintenance.The solar industry may be getting more complex, but installing solar doesn’t have to be” says Bhagawan Reddy Gnanapa, CEO and Director of SmartTrak. What makes our Micro-inverters

a good investment for consumers is that it optimizes the solar energy harvest as compared to conventional string or central inverter. The central or string inverters are more expensive and give less flexibility to the consumers in terms of upgrading the plant capacity. SmartTrak entered the Indian market in 2011 and has grown both in its presence and success in multiple cities year after year. The company has so far installed 50 MWp tracking systems and 120 MW projects are under execution .We expect Smarttrak micro-inverter brand to contribute 10% to our sales target of INR 140 Crores. SmartTrak plans to ship 5000 number of micro inverters in the next Quarter. SmartTrak has a manufacturing facility to serve 30-MW solar capacity at the Hardware Technology Park near

Sameer Garg and Tathagata Mitra two young engineers from BITS Pilani extensively contributed to the product development. “The current 300 Watt rooftop solar microinverter is designed, to take the first step towards making a cost effective solar power harvesting system for home applications but work is in process to optimize the individual microinverter capacity from 300W to 1000W, which will definitely play an important role in high capacity Solar power plants as well” says Sameer Garg, Electrical Design Engineer, Smarttrak.To give a picture on how the SmartTrak micro-inverter works, the young IIIT-H Grad, Jasmine Bhanushali, Product Manager, Smarttrak, explained, “To generate electric power from the solar energy, individual solar panel integrates with solar microinverter. The generated electrical power can be directly utilized by the Grid or for Home applications. The microinverters wirelessly communicate with the SMART Wave Gateway, which then uploads the data to the cloud. The end customer can directly access the real time microinverter status and power generation through the Smarttrak web portal or through the SMART SunDesh Mobile app. 74

October 2015

Hyderabad. It has three marketing offices in India and one in the US. The company consistently ploughed money to enhance its Research, Design, Development and Manufacturing capabilities. Smarttrak is currently engaged in Grid Connected Solar Micro-inverter, Single Axis and Dual Axis Trackers, Rooftop trackers, SCADA and Solar Water Pump projects. It has achieved break even targets already and its operations have turned profitable since its launch. According to market reports Photovoltaic micro-inverter shipments worldwide are set to increase to 2.1 GW per year in 2017; up from around 500 MW in 2013, the reports suggests shipments during the period are forecast to rise fourfold, expanding at a 306% rate

“Our new invention is driven by the urge from residential and commercial consumers to seek energy efficient micro-inverter. SmartTrak, Micro-Inverter provides a cost effective electric energy solution as compared to the utility energy by more than 20-30% “says, Goutham Valeti, Business Development Manager, Smarttrak, also one of the young engineers from IIIT-H.

- Goutham Valeti, Business Development Manager, Smarttrak

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PR DUCTS

Solaredge Announces Leap In Solar Inverters With Hd-Wave Technology

Novel approach to inverter design will significantly decrease inverter size and weight and achieve record efficiency

olarEdge Technologies, Inc. a global leader in PV inverters, power optimizers, and module-level monitoring services, introduces its new HDWave inverter technology. Based on its track record of optimized PV solutions, SolarEdge has developed a novel power conversion topology that represents one of the most significant leaps in solar technology in the past 20 years. Inverters are the “brain” of the solar energy system, because they convert solar power into usable energy

and are measured by size, efficiency, and reliability. While advances have been made in the solar inverter space throughout the years, the large size of magnetics and cooling components have significantly limited any leapfrogging in the inverter space. SolarEdge’s new HD-Wave technology will dramatically reduce the size of the inverter’s magnetics by means of advanced digital processing. At the same time, the new technology is designed to increase reliability and optimize the performance of solar en-

“Continued technological progress is required to make solar energy more competitive with fossil fuels, and inverters are the key component for accelerating the adoption of solar technology. We believe that our new HD-Wave technology is a significant milestone in the development of solar and further positions SolarEdge as a leader in a thriving industry.”

Guy Sella CEO & Chairman, SolarEdge

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ergy systems to 99% efficiency and beyond, an increase that will provide more solar power at lower cost. According to recent industry reports, the solar inverter market is estimated at nearly $7 billion in 2015, with SolarEdge being a leading provider and among the fastest growing companies in the solar industry. With HD-Wave, SolarEdge enables continuous and rapid improvement of inverter technology and once again demonstrates its leadership in the solar technology field.

“We believe HD-Wave represents a significant milestone for solar inverter technology, akin to the transition from large glass tube TVs to the flat-screen,” stated Lior Handelsman, VP Marketing and Product Strategy of SolarEdge. “The use of digital processing will allow us to more quickly improve inverter size, efficiency, and reliability than the current industry standard and drive down the cost of solar.”

- Lior Handelsman, VP Marketing & Product Strategy, SolarEdge

October 2015

PR DUCTS Bonfiglioli: RPS Endurance Inverters With New Parallel Operation Feature – Available In 20 Ft “ICON ND” Stations Up To 2.25 MWac

B A unique feature for indoorrated PV inverters, the innovative two-zone ambient protection system distinguishes the RPS Endurance from other solutions and makes it a preferred choice wherever harsh conditions for plant installation and operation are present, such as in the “sun-belt” regions of the world.

Delta Is Now Shipping New

3 KVA

Residential Inverters

onfiglioli’s RPS Endurance inverters are now ready to tango: With the introduction of the new tandem feature, two units operate seamlessly in parallel on a single medium-voltage transformer winding. This makes the performance and ease of handling of RPS Endurance inverters now fully available for megawatt-scale PV stations.Thanks to the further extended power range of single RPS Endurance units of up to 563 kWac at 50°C ambient temperature, the new features allows the effortless realization of 1MW+ tandem configurations with a common ac connection, paired with the bestin-class 15 % permanent overload capacity (up to 648 kWac) at reduced ambient temperatures. Constructed with a record footprint and designed for maximum productivity even in the toughest conditions, these ratings make the RPS Endurance a truly compact powerhouse. The intelligent encapsulation design maximizes uptime through a full IP54 ambient protection degree of active components. Thanks to advanced air cooling technology, the inverter design ensures outstanding reliability and serviceability. With numerous self-protection functions and grid management options, the RPS Endurance is built to satisfy your power control requirements in the fast developing global PV market.The new RPS Station ICON ND series integrate 2 x 2 units of RPS Endurance inverters into a compact 20 ft container design, achieving an excellent power rating of up to 2.25 MWac per station. This great compactness is paired with a proven and easy-tomaintain forced-air cooling system. ICON ND stations are delivered ready to connect to an external three-winding medium-voltage transformer, helping customers to significantly reduce project execution times.

Extending its RPI-series inverter line further, the leading global provider of power and thermal management is introducing new single phase inverters for Europe.

he H3 is the right choice for homeowners that are seeking an affordable solar inverter that has all essential functions plus reliable performance to generate clean solar electricity for the home. Maximum harvest of the available solar energy is guaranteed due to its maximum efficiency of 97%.

A wide input voltage range of 125 – 550 V and a single high-speed MPP tracker offer greater system flexibility in small power PV systems with fewer modules.The inverters feature an innovative heatsink design for cooling which draws the heat away from the device through a natural convection process. Because there are no fans required, maintenance costs are reduced and audible noise is greatly reduced. Additionally, the intelligent cooling design extends the life of electronic components and increases the life of the solar Inverter.

A simplified commissioning process makes it a snap to set up. When advanced grid settings are required the unit is fully compatible with Delta service software via a RS485 connection that allow for precise adjustments.The compact design in combination with the unique wall bracket (included in the scope of delivery) allow the inverter to be easily installed on a wall. Thanks to the IP65 rated enclosure, the H3 can even be installed in outdoor installations.Together with the 4 KVA model (H4A) and 5 KVA model (H5A) Delta is offering a complete series of single phase residential inverters.The RPI H3 inverters are now in stock and available for orders within Europe. 76

October 2015

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PR DUCTS

Schneider Electric Receives CSA Certification To UL 1741 For Conext Core XC-NA Energy Storage Inverter

chneider Electric™ Solar Business, a global leader in solutions for the solar industry, is pleased to announce that their Conext Core XC-NA ES (Energy Storage) Inverter is now CSA certified to UL1741 and CSA C22.2 no. 107.1, making it one of the first high power bidirectional inverters suitable for use in the North American market. Schneider Electric unveiled the Conext Core XC ES earlier this year at Intersolar EU in Munich, Germany. The new Conext Core XC-NA ES central inverter for energy storage applications is built for grid-tie operations to address the needs of the North American storage market, and is based on the proven Conext Core XC-NA PV inverter. Its high efficiency (peak 98.6%) and fast response time makes it suitable for a variety of utility scale energy storage applications including ancillary services, renewable smoothing and firming, energy shifting, peak shaving, and electricity rate optimization. The Conext Core XC-NA ES is also available as an integrated solution and compatible with Schneider Electric’s monitoring and control system, Conext Control.

“We are thrilled about our CSA Certification for the Conext Core XC-NA ES inverter. The flexible features of our energy storage inverter make it suitable to address grid-interactive requirements in Puerto Rico and the USA, including Hawaii. In addition, it is compatible with a variety of advanced battery storage chemistries, including li-ion, flow, molten salt, aqueous sodium, and aqueous lead acid, making it a flexible option for different energy storage projects.”

- Arnaud Cantin, VP of the Power Plants Line of Business for the Solar Business Schneider Electric

LTI ReEnergy Announces Sales Release Of UL-Compliant Inverters With Ampt Mode

TI ReEnergy GmbH announced the sales release of UL1741/IEEE1547/ IEEE1547.A compliant PVmasterStation inverter with Ampt Mode® for the North American solar market. The inverter is available at power ratings ranging from 500kW to 3MW. The Ampt Mode variant of LTI ReEnergy inverters refers to a higher and narrower input voltage operating range that makes it possible for the inverters to deliver a 43 percent higher rated output power than the same inverter without Ampt Mode. Getting more

power from the inverter lowers its cost per watt. The new LTI ReEnergy inverters are deployed with Ampt String Optimizers, which are DC/DC power converters that put voltage and current limits, as well as two maximum power point trackers (MPPT), on each string. This optimized system has twice the number of modules per string and half the number of combiners and cabling to save on electrical balance-of-system (BOS) costs. Based in Germany, LTI ReEnergy develops and supplies inverter solutions in the range

“At LTI ReEnergy, we’re fully committed to providing our customers with best-in-class, tailored solutions that make it possible for them to lower the cost and increase the performance of their photovoltaic (PV) systems. The release of our UL-compliant inverter with Ampt Mode is a valuable step forward for us in North America, for projects where these standards are a requirement.”

- Stephen Shirey, Vice President (Photovoltaic North America) LTI ReEnergy

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of 250kW up to 4MW turnkey stations for utility and large-scale PV power plants. The intelligent architecture of the inverters reduces transportation and installation costs. The company is highly regarded for its award-winning innovations, having recently been recognized as a “Top 100” company at this year’s German SME Summit.

“Through our collaboration in the HDPV Alliance, LTI ReEnergy and Ampt are working together to help our customers achieve greater returns in their PV systems by lowering the cost per watt of systems on day one. Obtaining UL certification for their inverter with Ampt Mode opens up the joint solution to an increasing range of customers and applications.”

- Levent Gun , CEO, AMPT EQ

October 2015

PR DUCTS

Redflow Reduces ZBM Battery Cost By Over 50% And Drops Below Grid Price

We are pleased to announce substantial enhancements to our ZBM electrode lifetime expectations, manufacturing warranty and base pricing. Our ZBM battery is now the best priced energy storage product in the market and today’s price per kWh is a game changer that should generate substantial amounts of interest among customers. We have received orders for ZBM products from Europe and Australia, with further progressive orders expected,” commented Redflow’s Chairman, Simon Hackett.

October 2015

edflow has already outsourced the majority of the manufacturing process for its key product, the ZBM, to global scalable manufacturing specialist Flextronics in North America. The ZBM electrode, which is currently still being manufactured in Brisbane, will now also be outsourced to Flextronics. Following substantial R&D work over the last 12 months, Redflow has started the transition to the use of its latest electrode surface coating, ACN13, in its production batteries. The use of ACN13 in production will be integrated with the outsourcing of electrode manufacturing to Flextronics. In-house testing has shown a substantial improvement in physical operating characteristics and projected lifetime thanks to the new materials.To allow for the full outsourcing to be completed efficiently, and to maximise the benefits of the transition to ACN13, the production rate of ZBM products by Flextronics will be substantially reduced until the full electrode outsourcing process is concluded. Operating cost reductions in Brisbane have been realised with manufacturing in Brisbane reducing.“These enhancements build upon the continued success of our battery testing programme, our migration to ACN13, and continued progress in reducing the manufacturing cost of our products,” said Hackett. The recommended retail price for the ZBM2 (10kWh) and ZBM3 (11kWh) products has been reduced significantly to US$8,000 (16% reduction) and US$8,800 (10% reduction) respectively. Wholesale product pricing is negotiated with system integrators based on their requirements and volume commitments. As a result of these improvements, the nominal levelised cost of energy (LCOE) for the delivery of energy from ZBM2 and ZBM3 batteries has fallen by over 50% to US$0.20/kWh using the expected 40,000 kWh electrode stack lifetime.What’s more, thanks to the increased lifetime of ACN13, Redflow has improved the manufacturing warranty on its ZBM products to 10 years, or their standard warranted energy throughput, whichever comes first. The electrode energy warranty applies specifically to the electrode stack, with the balance of the ZBM modular component set maintaining a one-year warranty against manufacturing defects. Redflow is now pleased to offer this improved warranty on all new ZBM2 and ZBM3 product sales.

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CONFERENCE & EVENTS

Photovoltaic Conference and Exhibition of China 2015 Date: 13-15 Oct2015 Place: Beijing, China Tel.: +86 10 68462772 Email: zhouxinjie@ccidexpo.com Web.: www.pvcec.org.cn

Taiwan International Photovoltaic Exhibition 2015 Date: 14-16 oct 2015 Place: Taipei, Taiwan Organiser: Taitra Tel.: +886 2 27255200 Email: pv@taitra.org.tw Web.: www.pvtaiwan.com

Energy Harvesting & Storage USA ReEnergy Kazakhstan 2015

Date: 27-29 oct 2015 Place: Almaty, Kazakhstan Tel.: +7 727 2583447 Email: gulzana@iteca.kz Web.: www.powerexpo.kz/en/reenergy-kazakhstan

Intersolar Summit Middle East 2015 Date: 2-4 Nov 2015 Place: Riyadh, Saudi Arabia Organiser: Intersolar Tel.: +49 7231 58598215 Web.: www.intersolarglobal.com/en/

INTERNATIONAL 3rd EQ Cleantech Finance Summit 2015 Date: 15-16 Oct. 2015 Place: Mumbai, India Tel.: +91731-4222268 Email: piyush.mishra@eqmag.net Web.: www.EQMagLive.com

Solar PV Trade Mission Central America & Colombia Date: 16-20 Nov 2015 Place: Panama City, Panama Organiser: Solarplaza Tel.: +31 10 2809198 Email: t.vandorp@solarplaza.com Web.: www.pvtrademissioncentralamerica.com

Intersolar India 2015

Power Nigeria 2015

Date: 3-5 Nov 2015 Place: Lagos, Nigeria Tel.: +971 4 3365161 Email: info@power-nigeria.com Web.: www.power-nigeria.com

Date: 18-20 Nov 2015 Place: Mumbai,India Organiser: Solarpromotion Tel.: +49 7231 585980 Email: info@solarpromotion.com Web.: www.intersolar.in

The 7th Chinese Renewable Energy Conference & Exhibition

Energy Korea 2015

Power Qatar Summit 2015 Date: 26-27 Oct2015 Place: Doha, Qatar Tel.: +9714 4542135 Email: info@expotrade-me.com Web.: www.powerqatar.com

Date: 5-7 Nov 2015 Place: Wuxi, China Organiser: CRECEXPO Tel.: +86 510 81827276 Email: liuyang@crecexpo.com Web.: www.crecexpo.com

Solar Projects Egypt 2015

Solar Mexico 2015

Date: 27-28 oct 2015 Place: Cairo, Egypt Tel.: +971 4 3614001 Email: nadine.mady@acm-events.com Web.: www.solarprojectsegypt.com

Date: 18-19 Nov 2015 Place: Santa Clara, California, USA Organiser: IDTechEx Tel.: +44 1223 812300 Email: r.purnell@IDTechEx.com Web.: www.idtechex.com/energy-harvesting-usa/ eh.asp

Date: 10-11 Nov 2015 Place: Mexico City, Mexico Organiser: Castevent Tel.: +1 818 8884444 Email: miker@infocastevents.com Web.: www.infocastinc.com

Date: 17-20 Nov 2015 Place: Seoul, Korea Tel.: +82 31 2604660 Email: help196@energy.or.kr Web.: www.energykorea.or.kr

Solartech Asia 2015

Date: 19-21 Nov 2015 Place: Bangkok, Thailand Tel.: +66 2 203426062 Email: pm5@qsncc.com Web.: www.solartech-asia.com

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