EQ Magazine Sept 2023 REI Special Edition Part 2/2

VOLUME 15

Issue 09(B)

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India Private Limited

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INTERVIEW

RENEWABLE ENERGY

AMPIN ENERGY TRANSITION TO POWER VARROC WITH 33.1 MW SOLAR ENERGY IN MAHARASHTRA

FEATURED

SOFAR SPARKS GREAT INTEREST WITH PRIME PV & ESS SOLUTIONS AT RE+ 2023

TECHNOLOGY

JA SOLAR'S N-TYPE MODULE SHOWS ITS POWER GENERATION ADVANTAGES IN YIELD TEST IN HAINAN

MR. ASHOK D M

GCL conglomerate is a world-leading innovationbased enterprise committed to the advancement and development of green, low-carbon and zero-carbon technology. GCL Group has formed a comprehensive business portfolio, including the integration of wind power, PV power, energy storage, hydrogen energy, the optimization of source-grid-load-storage network, a systematic promotion of new energy, clean energy, mobile energy ecology and a coordinated development of related industries covering silicon materials, lithium materials, carbon materials, and integrated circuit core materials.

MORE THAN 2.5 LAKH HOUSEHOLDS IN UTTARAKHAND HAVE BEEN ELECTRIFIED AS PART OF THE SAUBHAGYA SCHEME

Pushkar Singh Dhami, the Chief Minister of Uttarakhand, stated that the Saubhagya scheme has provided electrical connections to over 2.5 lakh homes in the state.

Dhami went on to say that the state’s double-engine government is dedicated to lighting every home by completing the task of reaching 100% electrification in the state. On September 25, 2017, to commemorate Pandit Deen Dayal Upadhyaya’s 100th birthday, Prime Minister Narendra Modi launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA). By giving power connections to all rural and underprivileged urban houses that are not currently electrified, it aimed to realize the goal of universal household electrification.

The double-engine government is committed to lighting every house by achieving the target of 100 per cent electrification in the state. Under the Saubhagya scheme in the state, electricity connections have been given to more than 2 lakh 50 thousand houses,” a statement from the CM Office said.

CLEANTECH SOLAR ANNOUNCES THE COMMERCIAL OPERATION OF ITS MAIDEN VIRTUAL POWER PURCHASE AGREEMENT (VPPA), AMONGST THE FIRST IN INDIA

Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, is proud to announce the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA). Power from this operating solar power plant in India, after being dispossessed of its renewable attributes, is being sold to the energy exchange. The project has been registered under the International Renewable Energy Certificates (IREC) mechanism, and the renewable attributes (in this case I-RECs) from this project are being purchased by a leading FMCG company under a virtual PPA. This is amongst the first operational VPPA plants in India.

The lifetime green energy generation from this project is approximately 187 GWh, which is akin to offsetting over 171 kilotonnes of carbon emissions. This agreement enables the client to support renewable energy development whilst reducing carbon emissions without directly integrating the solar project into their physical energy infrastructure. Functioning under the principle of ‘additionality’, Virtual PPAs ensure the claimed environmental benefits or the green attributes by the procurer are credible as this energy would not have been generated in the absence of the said agreement. They work as a simple bilateral agreement between the IPP and the off-taker. Virtual PPAs function as a crucial tool for for corporates to adopt renewables in their energy mix.

In addition, they are an increasingly important tool for these customers to mitigate Scope 3 emissions and make their value chains more environment friendly.

Mr. Sachin Jain, CEO of Cleantech Solar, said: Virtual PPAs have the potential to significantly help corporates achieve 100% green power, thereby contributing towards their sustainability, RE100 and net zero goals. We are proud to execute one of the first operating VPPAs in India and look forward to helping more industries go 100% green, as well as supporting India’s energy transition.

INDIA HAS EMERGED AS A LEADER IN ENERGY TRANSITION: UNION POWER MINISTER R K SINGH

Union Power Minister R K Singh said that India has emerged as a leader in energy transition.

He was speaking to reporters here after a meeting of a parliamentary consultative committee. He said all nations have decided that they will reduce their emissions and make their power generation capacity as much as possible with non-fossil, renewable sources as global warming is dangerous to the environment. “We had pledged that we will make 40 per cent of power generation capacity by non-fossil by 2030. In 2021, we achieved that target,” he said. “In energy transition, we have emerged as a leader,” he said. India pledged to reduce its emissions intensity by 33 per cent by 2030, he said, adding this target has also been achieved. “By and large, the power sector has changed and changed for the better. Today, India’s power sector is a totally different power sector. It is a vibrant and viable power sector,” he said. Singh also said the country’s rate of growth of power demand is one of the highest in the world. Though coal production has increased, but it has not increased at the same speed the demand for power rose, he said. On a daily basis, the shortfall in coal arrival in thermal power plants is to the tune of 2,40,000 ton per day, he said. “If we don’t import and blend, then it will lead to blackout in large parts of India,” he said. Referring to Telangana Chief Minister K Chandrashekar Rao charge made in the past that the Centre proposed installing metres for agricultural pumpsets which would put burden on farmers, he asserted that there is no truth in that allegation.

ADVAIT INFRATECH LIMITED INKS STRATEGIC PARTNERSHIP WITH GUOFU HYDROGEN ENERGY EQUIPMENT CO., LTD. TO DRIVE GREEN

HYDROGEN TECHNOLOGY ADVANCEMENTS IN INDIA

Advait Infratech Limited (AIL), a leading energy solutions provider based in Gujarat, India, is thrilled to announce a pivotal milestone in its journey toward sustainable energy solutions. AIL has entered into a Memorandum of Understanding (MOU) with GuoFu Hydrogen Energy Equipment Co., Ltd. (“GuoFu”), a distinguished Chinese manufacturer specializing in hydrogen energy equipment and related products.

The MOU aims to establish a cooperative and mutually supportive relationship between both parties to cater to the present and future requirements of the Indian market for green hydrogen technologies and projects. Under this arrangement, both parties will exchange technology, knowhow, and access to each other’s products to meet market demands through assembling and manufacturing.

Mr. Shalin Sheth, Managing Director and Founder of Advait Infratech, expressed his enthusiasm about this collaboration, stating, “Our collaboration with GuoFu signifies a strategic alliance that will propel us to the forefront of the renewable energy sector. This partnership is a testament to our commitment to innovation and excellence. By harnessing GuoFu’s expertise in manufacturing, we aim to ensure our customers receive cutting-edge, reliable, and sustainable solutions.” This partnership will leverage the combined expertise of AIL and GuoFu to promote green hydrogen technologies and projects in India, a critical step in the country’s journey towards sustainable energy. AIL will manufacture and/or assemble products for the Indian market using GuoFu’s technology, strengthening our market presence and enabling us to offer innovative and sustainable energy solutions to our customers.

THE CLIMATE PLEDGE COMMITS $10M TO HELP DEPLOY ELECTRIC VEHICLES AND CHARGING INFRASTRUCTURE IN INDIA AND LATIN AMERICA

With road freight being a major contributor to carbon emissions and pollution, a new initiative called Laneshift will speed up vehicle electrification in major Indian cities like Mumbai, Bengaluru, Delhi, and Pune.

Laneshift—a new initiative launched by The Climate Pledge and C40 Cities to reimagine what zero-emission freight shipping looks like—will reduce carbon emissions by replacing conventional road freight vehicles with electric alternatives, along with the routes they travel. The Climate Pledge (co-founded by Amazon and Global Optimism) has committed $10 million to C40 Cities (a network of nearly 100 mayors of the world’s leading cities) for kickstarting the project.

ROAD TRANSPORT AND AIR EMISSIONS

Road freight is a major source of air pollution and one of the most important yet challenging sectors to decarbonise. According to the Global Commercial Vehicle Roadmap, cities need to be saturated with EV trucks by 2030 in order to achieve the target of 100% zero emission commercial trucks by 2040. Laneshift is designed to help catalyse this by partnering with cities to accelerate EV infrastructure development and the deployment of EV vehicles. “Cities in Latin America and India offer excellent opportunities to lead the way for electrification of trucks, and collaboration in these regions are critical to accelerating the transition to a cleaner, healthier environment,” says Kara Hurst, vice president and head of Worldwide Sustainability at Amazon. “Laneshift provides a platform to bring stakeholders together to move faster.”

EV BOOST FOR 4 INDIAN CITIES

Laneshift will accelerate the development of EV infrastructure and the deployment of EV vehicles across Mumbai, Bengaluru, Delhi, and Pune. The project offers a wide range of benefits—reduced emissions, cleaner air, green jobs generation, and more.

“Mumbai is a major freight hub. With support from C40 and The Climate Pledge, we will be able to accelerate the much-needed electrification our fleet not just in the city, but across Maharashtra and beyond. Laneshift will be good for our people and our planet,” says Iqbal Singh Chahal, the municipal commissioner and administrator of the Brihanmumbai Municipal Corporation (BMC). Major cities in Latin America such as Colombia, Brazil, Ecuador, and Mexico will also benefit from Laneshift.

ROADMAP TO REDUCE CO2 EMISSION

In 2020, road freight emitted more than 2.2 billion metric tons of CO2—that’s two times more emissions than air, sea, and rail freight combined. Current projections suggest that no slowdown is expected in road freight emission. Studies suggest that urban freight is projected to grow by 140% by 2030 in India and road freight is expected to double by 2025 in Latin America. Through Laneshift, all stakeholders will work together to help equitably reduce and avoid greenhouse emissions. The project will also contribute to help clean up dirty air that affects vulnerable communities in India and Latin America. Laneshift will create a roadmap for how the freight industry and cities can work together to transition to electric vehicles by sending demand signals and collaborating across transportation and logistics sectors.

This locally-focused initiative complements Amazon’s federal and regional efforts in these countries. Laneshift will also ask The Climate Pledge signatories and a variety of other companies including financiers and original equipment manufacturers, to join the initiative.

PARTNERSHIP TO DECARBONISE ROAD FREIGHT

“Road freight is a high priority for decarbonisation and a difficult sector to tackle. Laneshift will bring together cities and businesses that are at the leading edge of climate action, through this unique partnership between C40 and The Climate Pledge. This is the kind of collaboration that will be essential for success,” says Tom Rivett-Carnac, founding partner of Global Optimism. Mayors of C40 Cities are committed to using a science-based and people-focused approach to help the world limit global warming to 1.5 degrees Celsius and build healthy, equitable, and resilient communities.

AMAZON’S DECARBONISATION JOURNEY

Amazon continues to decarbonise its own transportation network with multiple EV partnerships around the world. Amazon currently has more than 6,000 EVs in its India delivery fleet, making deliveries across the country. The company is on track to have 10,000 EVs in India by 2025. In 2022, Amazon had more than 9,000 electric delivery vehicles (EDV) in its global fleet and delivered over 145 million packages using EVs in the U.S. and Europe.

MR. ASHOK D M

FOUNDER, CEO & MD EnerMAN Technologies Pvt. Ltd.

EQ: How does EnerMAN contribute to improving the efficiency and performance of solar PV plants, and what impact does this have on sustainability?

AD: EnerMAN IoT SCADA product ETi-SOL, monitors the performance of key equipment 24/7 with sampling frequency of 1 minute and notify the alerts / alarm on breakdown of equipment in few seconds. This will help Engineers/Technicians to attend the breakdown to reduce the loss of generation. EnerMAN provides analysis on Inverter ranking and Inverter downtime loss, this will help Engineers / Technicians to take corrective action to improve the performance of low performing Inverters and take preventive action to reduce the down time of Inverters. EnerMAN products will help in improving the efficiency / generation by more than 2%. Our products is deployed over 1.8GWp Solar plants which will directly contribute in generating more than 2% i.e 45 million units out of 2.25 billion units (18 MT of Co2 reduction or equivalent to nurturing 7.1 lakhs mature trees).

EQ: What are the key challenges currently faced by solar PV plant operators in India, and how does EnerMAN address these challenges?

AD: Reliable, affordable, end-to-end, easy to use, SCADA solution providers (quick supply and support service) to fulfil all regulatory compliance and remote monitor the performance of the Solar Assets is big challenge in India and in the world. EnerMAN trying to address these challenges.

EQ: Can you discuss the integration of AI and ML technologies in your products and how they enhance the performance of solar PV plants?

AD: EnerMAN IoT SCADA product ETi-SOL, monitors and analyses the performance of Inverters using AI and ML. The Analysis report with ranking of the Inverter performance based on various KPIs. This will help Asset Owners / O&M site Engineers/Technicians to initiate the comprehensive maintenance work to improve the low ranked Inverter performance, which will enhance the performance of Solar PV plants. EnerMAN provide analysis of Equipment downtime, keep track of equipment downtime throughout its life time, which will help Asset Owners / O&M team to take timely preventive and corrective action reduce the downtime, which will enhance the performance of Solar PV plants

EQ: What trends and innovations do you anticipate shaping the future of the renewable energy industry, and how is EnerMAN preparing for them?

AD: Maturity and affordability in Energy storage technologies, EV, Green-hydrogen in coming years will increase the demand for Renewable energy in multi-fold. EnerMAN is planning to build many innovative products manage energy efficiently and support emerging technologies/eco-system.

EQ: What is the long-term vision for EnerMAN in terms of global expansion and growth in India?

AD: EnerMAN aims to provide End-to-End innovate products manage renewable energy to decarbonise the world and achieve the net zero goal. Made in India products (hardware, firmware, and software) to global market at affordable price.

EQ: How do you see the role of government policies and regulations influencing the adoption of renewable energy and IoT technologies?

AD: Increase in the generation of renewable energy, which is highly variable in nature poses big challenges to scheduling of energy for distribution companies. Hence government polices mandates accurate forecasting and stable supply of renewable energy injection to the grid with localised control of renewable energy generation at each plant. EnerMAN provides IoT products like Energy forecasting (ETi-CAST), Power Plant Controller (ETi-PPC), Zero Export System (ETi-ZES), Live generation data sharing with State Load Dispatch Centres (ETi-SLDC) to fulfil the regulatory compliance.

EQ: Can you share your perspective on the broader impact of EnerMAN’S work on combating climate change and promoting a greener future?

AD: Massive growth of Solar PV installation across the world faces big challenge of quality and skilled manpower available to manage the performance of Solar PV assets, Solar PV installation is distributed by nature, hence it is humanly impossible to manually monitor the functioning of all key equipment and assess the performance of each equipment to its expected /designed/ desired level. EnerMAN products automates the Monitoring, Analysis and Reporting of the performance of key equipment on defined KPIs. This simplifies Solar PV asset owners / developers / EPC companies / O&M service provider in managing the increasing number / size of Solar PV assets using less manpower, low cost and with higher efficiently.

ROUND-THE-CLOCK RENEWABLE ENERGY WILL COST

RS 6 PER UNIT: RK SINGH

Singh said that the cost of Green Hydrogen would be the cheapest in India and that Green Hydrogen would become a viable energy storage alternative

The Union Minister for Power and New and Renewable Energy RK Singh said that round-the-clock renewable energy will cost just about Rs 6 per unit if green hydrogen is used for storage. Speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in the national capital, Union Minister RK Singh said that the cost of Green Hydrogen would be cheapest in India and that the Green Hydrogen would become a viable energy storage alternative.

“Green hydrogen is cheaper than gas and battery energy storage systems. We have come up with a pilot bid for about 100 MW which we hope will establish the benchmark. Once we are able to use green hydrogen for our energy requirements, all supply chain issues such as availability of lithium-ion batteries will be resolved. We will make green hydrogen and use it as storage. The average price of power in the energy exchange has recently been Rs. 8 per unit, so if our cost for round-the-clock renewable energy comes to Rs. 6 per unit, we are in business. That is what the future is: renewables. The future is here, not far away,” he said.

The theme of the Special Ministerial Session, held on the closing day of the two-day summit, was “Global Champions for Advancing Clean Energy Innovation & Manufacturing”. The Minister informed the industry that the basic legal framework for carbon market has been formulated and that the government is thinking of permitting the industry gain carbon credits for green hydrogen and green ammonia which is exported from India. With this, the industry will have yet another advantage, which will make Indian industry totally competitive, added the Minister.

The Minister said that the renewable energy industry of India is now world-beating, consisting of majors who can compete anywhere. Singh told the industry that the government has made sure that it has opened the paths for the growth of the industry. “We have been leading with policy papers, rules and regulations, opening new doors. We came with Green Open Access Rules, where we have given right for anybody to set up capacity anywhere and transfer it to wherever they want. I have written to all industry captains to switch over from thermal to renewables, this shift will also bring down price of energy,” he said.

The Minister informed that the spirit of Electricity Act 2003 is open access and that timelines for grant of open access have been given in the Act. “If grant of open access is not given within the timeline, it will be deemed to have been granted. Somebody will have to answer if it is not given; the person who heads that institution such as a State Electricity Authority will be punished if the law is violated,” the Union Minister said. Singh added that the government has made the power system friendly to industry and to consumers. “We came up with consumer rights; we will investigate whether the violation has happened, and we will file a prosecution in the court of law,” he said.

Speaking of the rapidly growing energy demand, the Minister said that energy demand of the country will continue to grow rapidly since our economy is growing fast. “We need energy demand as fast as possible to meet this demand. We will make the electricity required for our growth. If our price for round-the-clock renewable energy is anything to go by, then we will not have to go the thermal way, we will adopt the renewable path. About 42 per cent of our capacity is from renewable sources already.” The Minister pointed out that India is emerging as a manufacturing powerhouse of renewable energy. “Around 88,000 MW renewable energy capacity is under construction and our plan is to add 50,000 MW of renewable energy capacity every year. We are already emerging as an exporter. The world will come to rely on us more and more. So, all those who are setting up capacity have made a good bet. At the same time, we need to keep ourselves at the leading edge of technology.” The Minister added that India is going to emerge as the biggest exporter of solar cells and modules and that more grid capacity is being added. The Power and New & Renewable Energy Minister said that more and more people are going to come and invest in renewable energy sector in the country.

“UAE wants to make investment here, since they see the future here. Getting investment for green transition is not...

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an issue, investment is coming since we have de-risked the system and made the whole system transparent. Every generator’s power bills are totally up-to-date. Legacy dues of discoms have been reduced to less than half of what they were, and this too will be wiped out in next 2-3 years. Every genco is now profitable. AT & C losses have come down and the system is totally viable now. Everything has been made conditional on prudential norms,” he said.

The Minister informed that 5.8 million tons of green hydrogen at various stages of capacity is already being set up, under the National Green Hydrogen Mission. “We will be the biggest exporter since our green hydrogen and green ammonia cost is going to be the lowest in the world. And we will come up with another bid for grid scale storage. All that you have to do is to take advantage of the growing demand. Future Renewable Energy Purchase Obligations are going to be issued under the revised Energy Conservation Act. If any obligated entity falls short, they will have to pay a huge penalty.” The Minister assured the industry that this is an era of huge growth for energy. “I believe all of you are fully confident and capable of the huge opportunities lying there for you. We want Make in India and manufacturing in India. But if you are not competitive and up-to-date, you will not succeed. I want all of you to be world-scale.” On the occasion, a CII-EY Report titled “Global champions for advancing renewable energy innovation and manufacturing” was released.

The report notes that India’s energy transition holds potential for India to become a global champion for advancing renewable energy innovation and manufacturing. The report proposes an energy transition investment pipeline and identifies enablers for advancing supply chain resilience. Read the report here. The event also saw the release of “Energy Transition Investment Monitor”, a collaborative analytics platform for global investors to identify and track energy transition investments (announced, under bidding, permitting, construction, etc.) from concept to commissioning. The Energy Transition Investment Monitor platform can be accessed here. Upon registration, any user can get full and free access to the dashboard and its features.

The 4th International Conference & Exhibition on Clean Energy brought together industry leaders, veterans, experts and policymakers from around the world to showcase world-leading renewable energy innovation, products and services, facilitate knowledge sharing and collaboration for catalysing global efforts in building self-reliant supply chains.

TRIPURA GOVERNMENT INITIATES SPECIAL ELECTRIFICATION USING SOLAR MICRO GRIDS FOR RESETTLED BRUS, ANNOUNCES POWER MINISTER

RATAN LAL NATH

In a recent development, the Tripura government has initiated a special electrification scheme aimed at providing power to newly resettled Brus in 12 carefully selected locations across the state, encompassing all eight districts. This announcement came during an exclusive interaction with Northeast Today by the Tripura’s Power Minister Ratan Lal Nath.

These 12 new settlements are being established to accommodate the Brus who sought refuge in Tripura back in 1997 during a period of ethnic unrest in their home state of Mizoram. The process of electrifying these new hamlets has already commenced under a dedicated initiative launched by the power department, as per Minister Nath. According to Minister Nath, the state has received a total of 6,500 applications from these new citizens, and 2,000 power connections have already been provided. Some of the hamlets situated in hilly terrains will receive power through solar micro grids. The Tripura Renewable Energy Development Agency (TREDA) has been entrusted with the responsibility of installing these solar grids based on specific requirements.

Minister Nath also expressed his commitment to ensuring that every family in Tripura has access to power within a defined timeframe. He noted that the inclusion of displaced Bru migrants in the state’s population has increased the number of consumers for the Tripura State Electricity Corporation Limited. Additionally, approximately 24,000 families were previously excluded from the initial phase of the Soubhagya Yojana scheme, which provides free connections to households. By including these families and the Brus, the state aims to achieve 100% electrification. Sufficient poles and wires have already been arranged to facilitate this expansion. Furthermore, Minister Nath highlighted the introduction of smart electricity meters for consumer households to enhance transparency in the power sector. These meters can be connected to mobile phones, allowing consumers to remotely check their power consumption readings. They also provide detailed statistics on power consumption patterns, thus improving the transparency of the billing process. The procurement of a total of six lakh such meters is underway, with approximately 1.5 lakh meters funded by the Asian Development Bank for modernizing power distribution in Tripura, and the remaining 4.5 lakh meters financed through the Revamped Distribution Sector Scheme (RDSS).

EQ: How much business have you done last financial year in India?

MG: Year 2022-23 passed has been full of varied and challenging activities such as commissioning of new module manufacturing plant, aligning our business with policy changes. Despite of these challenges INA has achieved ever highest turnover of Rs 300 Crore.

EQ: What’s your target or anticipated business for this FY for India?

VJ: Our turn over target for the year ahead 2023-24 is Rs 500 Cr through existing operations and diversified initiatives.

EQ: What are your current product/technology/ service offerings?

VJ: We are prominently a State of art Solar Module Manufacturing company covering entire range and technology being commercially deployed globally such as Mono / Multi / Bifacial / modules 40 Watt to 545 Watt. Product range also covers Combo Solutions for small or critical power needs such Solar PCU, Batteries and Charge controllers. We do offer turnkey solar solution services for MW Scale projects & rooftop solar across the country.

EQ: What are the product launch plans for this year?

MG: We have recently commissioned 500 MW of fully automatic modules line and launched M 10 cells based 545 W+ modules along with bifacial modules. In the coming months we plan to launch 600W+ range of solar modules based on demand & commercial terms. We have another module line in pipeline for launching Topcon based modules.

EQ: What sort of pricing roadmap, demand-supply gap you anticipate for this FY?

VJ: Pricing has been dynamic over past decade and so as this year. I still see the consolidation of prices in Indian Market in this year. There could be less projects specially asking for DCR modules however the market shall have mixed requirement and truly challenging and competitive environment.Indian manufacturing now is at its best in terms of quality and fast catching up its space in Global market.

EQ: Tell us more about your own professional journey, key learnings, key message from yourself.

MG: It has been a phenomenal journey for INA in last 6 years while being with my partner and promoter Mr Vikas Jain. We started with 60 MW line & the capacity has increased more than ten times within a short span. Our products & services have been well accepted & appreciated by our clients across various segments from utility scale to rooftop to distributed solar. Our focus has always been on offering quality based products. We keep ourselves abreast of latest technologies in the ever-changing environment. Anticipating market challenges and working with proactiveness is the key to success.YoY manufacturing capacity, product range, geographical reach and stake holders’ confidence has progressed very well with more than double digit growth.

EQ: Please tell us more about your company, directors in detail.

VJ: INA has a consistent track record of profitable and sustainable operations over last six years. Company’s growth over last two years has been multi fold both in terms of building manufacturing capacity, product diversifications and geographical reach. Company’s products are compiled with specifications in the sectors such as Telecom, Defence, Railways & various other Departments. Company board is most reputed board having industry leaders and mentors such as Dr AK Jain Ex MD REIL and Shri KS Popli Ex CMD IREDA. The Board carries with it years of experience and expertise in solar & allied sectors. The company is well positioned to be one of the most prominent leaders in the solar manufacturing sector.

EQ: What is the Opportunity in India Currently...in Terms of Projects in Tender, Pipeline etc... Opportunities in Manufacturing etc.?

VJ: India’s plan to install 500 GW (gigawatt) of renewable energy capacity by 2030. Of this about 300 GW is planned from solar. Currently our installed capacity is to the tune of 65 GW. This means to meet this ambitious target we need to add appr 30 GW of solar capacity every year. Apart from this since the world is looking at China +1 policy we should gear ourself for export opportunities as well.

MR. VIKAS JAIN

Co-Founder and Managing Director Insolation Energy Limited

MR. MANISH GUPTA

Co-Founder and Managing Director Insolation Energy Limited

The demand is expected to be robust in the coming years. As far as manufacturing is concerned, India's solar module manufacturing capacity is apprx 40 GW and is expected to reach 100 GW by fiscal 2026. There is plenty of scope in the cell manufacturing which currently is very modest at apprx 5 GW. Above all this we have practically nil wafer and silicone capacity.

EQ: What kind of market do you anticipate in 2023 in terms of Utility / C&I / Residential?

MG: The market is expected to be very promising in 2023. The major chunk is expected to come from utility scale segment. We expect 15 GW of utility scale projects in the current year. The rooftop segment is expected to be about 2.5 GW.

EQ: Which regions or states looks most promising to you for 2023?

MG: States like Rajasthan, Gujarat, Karnataka, Tamil Nādu & Telangana are flag bearers as far as installed solar capacity is concerned. We expect this trend to continue in 2023 as well given the current pipeline in these states.

EQ: How much manufacturing capacity India has in terms of Solar Modules, Inverters, Cells etc and whats your anticipation in capacity addition in 2023 Module capacity has reached to 50 GW and another 50 GW is under planning stage?

VJ: As discussed above the active module and cell manufacturing currently stand at 40 GW & 5 GW approximately. With the PLI scheme already announced by the Govt of India the figures are expected to touch 100 GW & 40 GW by 2025 for modules & cell respectively.

EQ: Visible Changes in RE Industry w.r.t. Energy Storage, RTC, Hybrid RE Projects, Floating etc and their likely impact.

VJ: The solar has been going great guns in India. We are sitting at a cumulative capacity of 65 GW as on date. With this there are hiccups as well in terms of lack of efficient transmission system, availability of generation at the time and place of requirement, availability of cheap land, grid instability etc . To address these issues the role of energy storage, hybrid RE projects, floating solar are the need of the hour. There are several benefits of solar storage, including storing excess energy for use during periods of high demand, reducing your reliance on the grid, and providing backup power in case of an outage. Similarly floating solar helps in efficient space utilization. These segments are expected to give further fillip to the solar sector.

EQ: What kind of growth do you see coming in the Residential Sector Demand?

VJ: Rooftop solar is one of the very promising solar segments. However, the segment has not achieved the desired capacity additions. Various factors like lack of interest on the part of discoms, lack of availability of cheap funds, Centre- states relations, lack of uniformity in policies across states are some of the factors responsible for this. We are still very optimistic on rooftop solar given the excellent work done by the states like Gujarat, Maharashtra etc and the same can be replicated in other states as well.

EQ: Whats your expectations from the Government, Policy Makers and Regulators?

MG: Indian manufacturers have been working cohesively with Government & regulators for achieving 300 GW by 2030. The Govt has taken major initiatives in terms of PLI ,BCD etc to give a boost to domestic manufacturing capacity. The manufacturers understand the importance of quality and have appreciated the measures like introduction of BIS. However longterm policy vision backed up by the time bound execution is the need of the hour. Policy flip flops like ALMM extension creates uncertainty in demand stability. We expect the Govt to announce additional incentives for the SME sectors since they are the biggest job creators.

JA SOLAR'S N-TYPE MODULE SHOWS ITS POWER GENERATION ADVANTAGES IN YIELD TEST IN HAINAN

PV yield test projects are one of the most important ways to evaluate the performance of PV modules and PV systems, and thus have attracted extensive attention from the industry in recent years. JA Solar and TÜV Rheinland recently reported the results of a one-year energy yield test at the national outdoor yield test base for PV products in Qionghai, Hainan, China. The test aimed to study and verify the power generation performance of different types of modules, especially n-type modules and p-type modules.

PROJECT INFORMATION

The field test project is located in Qionghai, Hainan, which is typical of a tropical monsoon climate with a hot and humid environment. Average annual peak hours are about 1550kWh/m2 (horizontal level), average

annual sunshine hours are about 2155 hours, and the average annual temperature is about 24⁰C. The field test project is shown in Figure 1.

The field test plant is equipped with a set of DeepBlue 4.0 series ntype bifacial modules (with Bycium+ cell based on n-type passivated contact technology, hereafter referred to as n-type modules) and a set of p-type PERC bifacial modules (hereafter referred to as p-type modules), with installed power of approximately 5kW (as measured by the lab) for each set and an inverter of 6kW for each set. The project used a fixed support installation method (tilt Angle 19°), with the long frame of the module fixed on the vertical purlin, to ensure that the back of the module is not shielded.

The module is about 1 meter above the ground. In addition to the environmental monitoring system, the project was equipped with high-precision irradiance meters, high-precision DC meters and temperature sensors.

For the PV system design and module energy yield analysis, only data from the DC meter was used for the analysis in order to avoid the effect of inverters on the power generation performance of different modules.

The field test project run by JA Solar and TÜV Rheinland

COMPARISON OF POWER GENERATION PERFORMANCE

From February 2023 to July 2023, the energy yield performance of n-type modules and p-type modules are shown in Figure 2. The average daily energy yield of these two modules was 4.32kWh/kW and 4.20kWh/kW respectively, with n-type modules surpassing the p-type modules by about 2.9%. The power generation

capacity of PV modules depends on power degradation, temperature coefficient, operating temperature, bifacial generation performance, low irradiance performance, etc. While both types of modules are based on half-cut bifacial solar cells, the energy yield difference are mainly due to cell technology performance.

Regarding power degradation, due to the natural advantage of n-type modules for LID-free and better LeTID performance versus p-type modules, JA Solar provides a 30-year linear power output warranty with less than 1% degradation in the first year and less than 0.4% annual degradation in the following years. Calculations show power generation gain in the service lifetime to be up to 1.8% and first-year degradation data shows power gain of up to 1%. As for high temperature energy yield performance, mainly related to the temperature coefficient and module operating temperature, theoretically higher cell open-voltage means better temperature coefficient. The open-circuit voltage of n-type Bycium+ cell can reach 725mV, and temperature coefficient of n-type modules is -0.3%/⁰C, while p-type modules is -0.35%/⁰C. During hot weather days, assuming module operating temperature is 55⁰C (ambient temperature 30⁰C), power degradation loss of n-type modules is 1%-1.5% lower than p-type modules. With module operating temperature continually increasing, high temperature performance of n-type modules will be significantly better. At the same time, due to the higher conversion efficiency of the n-type modules, the heat conversion of the absorbed light energy is correspondingly reduced, thereby reducing the operating temperature of the modules. Combined with the excellent temperature coefficient and low operating temperature, the power generation of n-type modules is about 1.5-2% higher than that of p-type modules under high temperature conditions.

Furthermore, the n-type module has 80% bifaciality which is much higher than the 70% of p-type modules. Assuming irradiance under the rear side is 100~150 W/m2 condition, the 10% bifaciality difference can bring n-type module energy gain 1%~1.5%, when in different ground environment (albedo of 20%-30%), combined with different array height, front and rear array spacing, and backside mounting with or without shading, the n-type module's power generation gain ranges from 0.8% to 1.2%.

As for the low irradiance energy yield performance, mainly with a shorter carrier lifetime, open-circuit voltage, sheet resistance, under 600W/m2 conditions, such as morning or night fall, simulation shows the n-type energy yield gain to be about 0.2%.

ANALYSIS OF FACTORS AFFECTING N-TYPE ENERGY YIELD GAIN

In different climatic conditions, different weather conditions, different project types, and different ground environments, the power generation gain of n-type modules was also different than that of p-type modules. JA Solar Yinchuan one-year outdoor field test data (JA Solar and TÜV North, in the CPVT Yinchuan National PV outdoor field test Base from February 2021 to February 2022) shows that the energy yield of n-type modules based on Bycium+ cell is about 3.9% higher than that of p-type modules, and the energy yield gain is about 3.5% from February to July, which is slightly higher than that of the Hainan field test project. From February 2021 to July 2021, the daily energy yield of the n-type module in Yinchuan is 5.31kWh/kW, and from February 2023 to July 2023, the daily energy yield of the n-type module in Hainan is 4.32kWh/kW. In the nearly same months in the past two years, the daily energy yield of Yinchuan's field test n-type module is about 23%

Data compared between n-type module and p-type PERC module

higher than Hainan's field test, which is mainly caused by the difference of irradiance resources between the two sites. In the following, the energy yield data of two sunny days (high irradiance, July 7 and July 13) and two cloudy days (low irradiance, February 26 and April 12) of the Hainan field test project are selected for comparative analysis, as shown in Fig. 3. By normalizing the instantaneous power of the measured power of the module in the lab, it can be clearly seen that the energy yield gain of the n-type module is relatively larger when the irradiance is higher, which is 4.01% and 4.06% on July 7 and July 13, respectively.

When the irradiance is lower, the n-type module energy yield gain is relatively smaller, which is 1.60% and 1.32% on February 26 and April 12, respectively. The above data shows that when the irradiance is high, excluding the influence of other factors, the n-type module's power energy yield gain is larger. The ground albedo and array height of Yinchuan field test and Hainan field test are basically the same, and the difference in energy yield gain mainly depends on the intensity of irradiance, the comparison data of the two projects further proves the n-type module's excellent power generation performance.

Power energy yield gain data of n-type modules under different irradiance in Hainan field test project

SUMMARY

From February 2023 to July 2023, we tested the power generation capacity of n-type modules and found it to be about 2.9% higher than that of the p-type modules—under theoretical analysis—mainly due to the superior power degradation, higher temperature yield, bifacial energy yield performance, and low irradiance yield features of the DeepBlue 4.0 series modules.

Under high irradiance conditions, the energy yield gain of n-type modules is more prominent, so the power generation performance is better for n-type modules in high irradiance environment and high temperature areas. This field test will be continuously tracked in the future, and will provide the technical basis for the selection of PV product technical roadmaps and module selection for customers.

INTERVIEW

MR. BRIJESH PRAJAPATI

Managing Director-APAC Region INVT Solar Technology

EQ: Could you take us through INVT Electric’s power & solar journey?

BP: INVT (Shenzhen INVT Electric Co., Ltd) was founded in 2002. It is a product and service provider in the world's leading and respected industrial automation and energy power field. In 2010, the A-share were listed on the Shenzhen Stock Exchange (Stock Code: 002334). INVT has been concentrating on industry automation and energy power and is committed to “Providing the best product and service to allow customers more competitiveness”.

In indian market started solar business from Mid of 2015 & till date system running successfully in Indian market. Eventhough as per standard 5Years warranty terms we have completed one cylces & ready to finish 2nd cycle for warranty within 2 years. At present, the main product range of INVT Solar includes on-grid inverters (1-136kW), off-grid inverters (3-5kW),Hybrid Inverter (3-12kw), energy storage inverters (3-630kW), pump inverter, the energy storage inverter, the light storage solution, the intelligent family energy ecological chain. Products are exported to Europe, Australia, Southeast Asia-India, and other more than 60 countries and regions, providing photovoltaic poverty alleviation and distributed generation services.

19 years of experience accumulation of inverter technology, lead the photovoltaic.INVT has accumulated 19 years of experience in power electronics and inverter technology. The company has 12 major R&D centers, the first one has the qualification of TUV-SUD eyewitness laboratory, owns the UL eyewitness laboratory qualification and the national CNAS laboratory. The company has invested more than 10% of its sales revenue each year, and now has more than 1050 patents. The iMars series inverter has a unique product technology advantage in product stability, power efficient transformation, low harmonic current harmonics and grid security access, which can be widely used in BAPV (home roof, office roof, factory roof), and BIPV. Building integrated), commercial power station and other distributed photovoltaic grid connected power generation system.

EQ: What kind of new services and solutions have you brought in for your customers?

BP: In terms of service INVT serving from last 8years in Indian market & More than 400MW+ installed systems in C&I sectors. All systems running very successfully & INVT offering ontime warranty with spares in the market. Ontime onsite prompt response is our service motto. We are upgrading our product as per market demand

EQ: Please tell us about INVT Electric’s products and solutions?

PRODUCTS & SOLUTIONS

EQ: What’s your vision for the Indian solar industry beyond 2020 ?

BP: INVT Group already stock listed from last more than 10 years & We have planning to develop our brand on very different level. We have planning to setup For solar inverter Manufacturing level in Indian market. We will add Solar inverter & EV charger development in our production basket. We will upgrade more our product portfolio & same as we will more focus on quality product with actually usable supportive warranty terms. In Indian market some brand offering more than 8 years warranty but actually in a current scenario they are not providing after sales service support after installed within 1-2 years and same sometimes not providing replacement unit or card as they committed to customer. So our aim is provide meaningful supportive ontime onsite service not like other companies fake committed after sales service support on non visionary humbug service warranty. Our aim is provide Valuable product with upgraded technology with Coast effective & after sales service response if main important with committed warranty frame & same as support after product warranty terms.

ADANI SOLAR: POWERING INDIA’S VISION TO BECOME

THE

GLOBAL

SOLAR MANUFACTURING HUB

Plans to build 10 GW Fully Integrated and Comprehensive solar manufacturing ecosystem.

The current geo-political landscape underscores the need for Nations to be energy secure. Today, global economies are focused on diversifying their supply chains beyond China, and India has emerged as a credible option. Today, India is well on the path to reduce its import dependance and play a critical role in the global solar supply chain.

ADANI SOLAR’S GROWTH TRAJECTORY

Adani Solar commenced manufacturing in 2016, with 1.2 GW cell and module manufacturing capacity. In less than 6 years, Adani Solar enhanced its manufacturing capacity to more than three-fold to 4 GW cell and module, making it one of the fastestgrowing (in terms of capacity expansion) solar manufacturing companies. Since inception, Adani Solar has sold over 7 GW of Modules catering to both Indian & global demand and has been rated amongst the top 3 solar module suppliers in 2022 by few research houses. Adani Solar is now building the world’s first fully integrated and comprehensive solar manufacturing ecosystem of 10 GW in Mundra, Gujarat. It will be the group’s largest manufacturing set-up and is expected to create over 13,000 green jobs. The facility will play host to the entire solar manufacturing ecosystem from metallurgical grade Silicon to PV modules, including ancillaries and supporting utilities all geographically co-located. With deep backward integration across the value-chain for module, cells, ingots, wafers, polysilicon, and ancillaries- EVA, Backsheet, glass, aluminium frames, junction box and tracker, Adani Solar will boost India’s position as the global solar manufacturing hub. In pursuit of building a robust domestic ecosystem, reducing imports, enabling India’s energy transition and making India the global manufacturing hub, Adani group has committed significant investments.

ADANI SOLAR: KEY HIGHLIGHTS

1. Adani Solar is facilitating the switch to sustainable solar power solutions at an economical rate for residential consumers, commercial and industrial (C&I) establishments, and the PMKUSUM segments. Largest market share in rooftop and PMKUSUM segment.

2. Adani Solar has rapidly expanded its retail presence across the nation to more than 3,500 towns for the distribution of solar panels in India.

3. The only domestic solar player with a pilot line of ingot-wafer (first-of-its-kind in India) The proposed manufacturing facility of ingot-wafer is a strategic move to strengthen the supply chain for competitive cell manufacturing.

5. Maintaining a robust order book, both in domestic and international markets, due to which the asset utilization of the company has been at the fullest.

a. Largest solar panel exporter from India.

b. Largest single year order for solar modules ever in the country of over USD 600 million.

6. Only Indian solar panel manufacturer to be ranked as “Top performer” for 6 years in a row by PVEL (a leading independent test lab for the downstream solar and energy storage industry)

TECHNOLOGY-LED GROWTH:

Since inception Adani Solar has continued to lead the domestic solar PV industry in terms of both scale & technology. It has been the early adopter of new technologies and has been at the forefront of implementing digital transformation. The company’s alliances with leading global institutes and certification laboratories like ISC, UNSW, PI Berlin, Fraunhofer, PVEL etc., has helped in strengthening its technology prowess.

-Focus on high efficiency future technologies – TOPCon.

-Amongst the first few in the country to produce high-efficiency Bifacial & MonoPERC modules of M10 and G12 footprint with Power class of 535-660W, with a module efficiency of 21-22% and targeting Bifaciality of 75%.

-First in the country to set up a TOPCON line of 2 GW.

-The first and now the largest producer of bifacial cells in India.

-First to introduce 158.75 Solar cell & module manufacturing.

-Established state-of-the-art research and development (R&D) facilities.

-Comprehensive Ecosystem approach - Ensuring the manufacture of critical components including EVA, back-sheet and Aluminium frames, effective substitution of imports.

-First & only manufacturing setup of a 2 GW Ingot and Wafer capacities in India.

Adani Solar’s growth is characterized by scale, speed, and sustainable profitability. The journey of Adani Solar reflects the coming of age of the Indian solar manufacturing sector.

MR. VIPIN BHARDWAJ

Country Manager – India

SolaX Power Network Technology

EQ: What kind of market do you anticipate in 2023 in terms of Utility / C&I / Residential ?

VB: In 2023, we anticipate a dynamic and evolving market in the renewable energy sector in India, characterized by growth across various segments. Here's a breakdown of our expectations:

Utility-Scale Market: We anticipate continued growth in the utility-scale solar market. Government initiatives and policies promoting renewable energy adoption, coupled with falling solar panel costs, are likely to drive large-scale solar projects. Utilityscale installations will continue to play a significant role in meeting India's renewable energy targets. We are also inline to growth plan of India Utility market by our Upcoming Launching of Utility Inverter in 1500V.

Commercial & Industrial (C&I) Market: The C&I segment is expected to experience substantial growth in 2023. Many businesses and industries recognize the economic and environmental benefits of adopting solar solutions. We Solax keep on delivering the preferred our C&I Scale inverter till 125 KW High standard features and with advancements in technology with, we anticipate increased adoption of solar energy among commercial and industrial consumers looking to reduce their energy costs and environmental impact.

Residential Market: The residential solar market is poised for significant expansion in 2023. Increasing awareness of solar energy's benefits, coupled with government incentives and net metering policies, will drive more homeowners to invest in solar installations. The launch of innovative residential solar products, like our X1-BOOST G4 and X1-MINI G4 inverters, will contribute to the growth of this segment.

In summary, 2023 is expected to see growth across all segments of the renewable energy market in India, with utility-scale, C&I, and residential sectors all contributing to the country's renewable energy goals. This diverse market landscape offers opportunities for stakeholders across the industry, including SolaX Power, to provide tailored solutions that meet the unique needs of each segment.

EQ: SolaX Power has a reputation for technological advancements. Can you elaborate on any recent technological updates or breakthroughs that have been integrated into your solar inverter solutions?

VB: We Solax brings technological advancements include the integration of Smart Feature i.e. IV curve Scanning, Higher Current (16 A) Per Sting and capabilities into our inverters to integrate with High Fluctuation in Grid. This groundbreaking feature enhances Safety, grid stability during voltage fluctuations, contributing to grid reliability and renewable energy integration. Additionally, our products now incorporate AI-based predictive maintenance, reducing system downtime, and ensuring long-term reliability for solar systems. These innovations underscore our commitment to cutting-edge technology in the solar inverter sector.

EQ: Could you provide some insights into Solax current market presence and any upcoming plans for expansion in the India Market ?

VB: SolaX Power is committed to expanding its presence in the Indian market. Currently, we have a strong foothold with a Multiple PAN -India Distributors, Regional Service warehouses and Local Sales and Service team in India, and we are actively working to further strengthen our network of partners and service centres. Our upcoming plans include introducing new products, enhancing customer support, and collaborating with local stakeholders to promote sustainable energy solutions across India. We are dedicated to contributing to India's renewable energy goals and providing innovative solar and energy storage solutions to Indian consumers.

EQ: What are the SOLAX’ s product launch plans for this year?

VB: In 2023, SolaX Power already brings new and high demanded renewable energy solutions in India. Our recent product launches, including the Mini and Boost G4 inverters and Hybrid inverters in 48V, have already set higher standards for efficiency and reliability in residential solar installations. But we're not stopping there. Anticipating the needs of businesses and industries, we're gearing up to unveil our Commercial Series of Hybrid inverters, promising efficient and sustainable power management solutions. Furthermore, our forthcoming release of Low Voltage Stackable Liion batteries in 2023 is poised to revolutionize energy storage, offering unprecedented scalability and efficiency for both individuals and businesses. With these launches, SolaX Power reaffirms its commitment to providing innovative, eco-friendly energy solutions, empowering India to embrace a greener and more sustainable future.

EQ: Whats your target or anticipated business for this FY for India?

CP: We are proud to be a part of Make in India Campaign of Government of India. Our target is to achieve 500 MW in a coming year and increasing capacity year on year. Currently our manufacturing unit is established in 15000sqft area of 3 storied building.We have planned construction for a visionary and fully automated manufacturing facility with more than 80000sq. ft area in next 3-4 years. PVblink has an ambitious plan to expand its manufacturing unit capacity to 2GW by 2025. Currently possessing for residential range inverter, the company plans to manufacture the same for commercial and industrial range.

EQ: What are your current product / technology / service offerings?

CP: At the heart of PVblink's success story lies its state-of-the-art solar inverter technology. PVblink's inverters take efficiency and reliability to new heights. By incorporating advanced algorithms and smart grid integration, these inverters optimize energy conversion, ensuring every ray of sunlight is utilized to its maximum potential. Since its inception, PVblink has achieved remarkable milestones. Partnering with industry leaders and collaborating with research institutions, the startup has been at the forefront of innovation, constantly pushing the boundaries of solar inverter technology. Their presence is already felt across India, where solar installations powered by PVblink's inverters are making significant contributions to reducing dependence on fossil fuels.

MS. CHIRANA PATEL Marketing and Operations

Our Single phase inverter has 18Amp input current capacity, compatible with latest high watt peak modules. Our Three phase inverter has 36Amp input current capacity, compatible with latest high watt peak modules. With a professional R&D team, PVblink puts its best foot forward in terms of product innovation and portfolio expansion, ensuring that production capacity and product quality go hand-in-hand across the entire range. PVblink is committed to becoming a major driving force in the global transition towards a sustainable future. As a reliable and efficient solution and service provider, PVblink's philosophy is to create a win-win partnerships with its customers. By understanding the pain points of customers and integrating them in our customer care, PVblink is able to offer outstanding before and after sales service.

EQ: What are the product launch plans for this year?

CP: In current Year, we are glad to announce that we are launching our single phase series from 0.6kw to 6kw with single and dual MPPT with Maximum Input Current Capacity of 18 Amp in India. And for Three Phase right now we are launching series of inverters from 5kw to 30kw with 3 MPPT and Maximum Input Current Capacity of 36 AMP. PVblink also have a range of offgrid product solution as per market requirement from 1kva to 250kva. Additionally, we understand the demand of the market and to comply the need of the market, our R&D team had successfully developed “Hybrid Switch” which will be game changer of Industry through which one can be use their existing ongrid system’s modules for charging batteries of offgrid system.

PVblink Technology Pvt. Ltd.

EQ: What are the company’s strategies to achieve target anticipate for this FY?

CP: Company's strategies to achieve target may include:

• Our Marketing and sales strategies.

• Expansion plans into specific geographic areas .

• Partnerships or collaborations.

• Product or service enhancements. – Our R&D Team is continuously working for product innovations and enhancement.

• Customer acquisition and retention strategies.

EQ: Tell us more about your own professional journey, key learnings, key message from Yourself.

CP: With a mission to make solar energy accessible to all, PVblink is democratizing clean power generation. By offering a range of inverter models suitable for residential, commercial, and industrial applications, the startup is bridging the gap between renewable energy technology and diverse consumer needs. Moreover, their commitment to affordability ensures that solar power becomes a viable choice for a wider demographic, accelerating the transition to a cleaner energy future.

EQ: Please tell us more about your company, directors in detail.

CP: PVblink Technology Pvt. Ltd. is a Solar Inverter Manufacturing company and has a global presence. The company has been founded by a group of highly experienced renewable energy professionals who have a collective vision of widening the accessibility of renewable energy. Our mission is to become a leading provider of solar inverters across all solar PV segments. PVblink is an ISO 9001:2015 certified Company that prioritises ethical and correct business practices. With research and manufacturing of PV inverters and renewable energy solutions at its core, PVblink is able to offer an extensive product portfolio for residential, commercial and industrial purposes.

EQ: What is the Opportunity in India Currently…in Terms of Projects in Tender, Pipelineetc…Opportunities in Manufacturing etc…

CP: Indiais taking significant steps toward the solar energy sector and has set ambitious targets for renewable energy capacity addition. The government has been actively promoting solar energy through various initiatives, policies, and tenders, creating opportunities in the manufacturing and project development sectors. There has been a visible impact of solar energy in the Indian energy scenario during the last few years. Mission’s objective is to establish India as a global leader in solar energy by creating the policy conditions for solar technology diffusion across the country as quickly as possible. India aims to create a solar power capacity of 280 GW by 2030. In order to achieve the target, Government of India have launched various schemes to encourage generation of solar power in the country like Solar Park Scheme, Kusum yojana, Canal bank & Canal top Scheme, Bundling Scheme, Grid Connected Solar Rooftop Scheme etc. Currently Solar power installed capacity has reached around 70 GW. Government provide the opportunity in terms of tenders by giving best subsidies to the consumers from prospective suppliers. The “Make in India” Campaign run by government has encourage the manufacturers in India to start the manufacturing of solar inverters, Solar panels, Batteries and other related equipments. These campaign encourages the establishment of solar manufacturing facility in the country.

EQ: What kind of market do you anticipate in 2023 in terms of Utility / C&I / Residential?

CP: Solar industry has been experiencing significant growth globally, including in utility, commercial and industrial (C&I), and residential sectors. This trend is driven by factors such as decreasing costs of solar technology, increasing environmental awareness, supportive government policies and tenders, etc…In recent years, utility-scale solar projects have gained momentum due to their potential for large-scale electricity generation and cost competitiveness. Governments and utilities often conduct auctions and tenders for the development of utility-scale solar parks and projects. The C&I sector has also shown promising growth in solar adoption. Many commercial and industrial establishments are installing solar systems to reduce energy costs, enhance sustainability efforts, and meet renewable energy targets. These shows the best opportunity of growth for the suppliers, EPC constructors etc..The residential solar market has seen increasing interest as well, driven by subsidy schemes, net metering policies, and consumer awareness of the benefits of solar power. Homeowners are opting for rooftop solar installations to generate clean energy, reduce electricity bills, and contribute to environmental sustainability.

EQ: Which regions or states looks most promising to you for 2023?

CP: The top 5 states for installed renewable capacity in India are Rajasthan, Gujarat , Karnataka, Tamilnadu and Maharashtra. Rajasthan has the highest solar power generation potential of any state in the country. The state recently surpassed Karnataka as the leading state in solar installations. Rajasthan's operational solar power projects produced roughly 17GW of solar energy.

EQ: How much manufacturing capacity India has in terms of Solar Modules, Inverters, Cells etc and whats your anticipation in capacity addition in 2023?

CP: According to reports India’s capacity to manufacture solar modules, Inverter, Cells etc.. is around 38GW and is expected to reach approximately 95 GW by the end of the calendar year 2025.

EQ: What kind of growth do you see coming in the Residential Sector Demand?

CP: As India Government and also State Governments in India are very much aggressive for installation of Green energy, Residential sector is the best sector which can be focused for maximum reach for the usage of green energy. Government of india also had started National Portal for direct subsidy distribution to end users and also some state governments are running their own tenders to push this sector. So we believe that Residential sector will be always an attractive sector for solar integrators and consumers.

CREDIT FAIR COLLABORATES WITH UTL SOLAR TO OFFER COLLATERAL-FREE AFFORDABLE SOLAR ROOFTOP INSTALLATION FINANCING SOLUTIONS

Credit Fair, a consumer lending fintech startup, has joined forces with UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without financial constraints. By making solar energy adoption affordable and accessible, Credit Fair is working towards helping people save on electricity bills and entrepreneurs save on monthly variable overheads in their business enterprises.

Commenting on the association, Vikas Agarwal, Co-Founder & CBO, Credit Fair said, “Awareness about Solar financing is still at a nascent stage in India. By collaborating with UTL Solar, we aim to bridge that gap and broaden the scope of solar energy transition. The association will create more opportunities for both the companies to work together and decrease the carbon footprint in the country. India is expected to surpass 100 GW of solar installed capacity by the early 2024. Driven by government initiatives and policy support as well as growing awareness, the solar energy market in India will witness robust growth in the coming five years. With Aspirations of facilitating Har Ghar Solar, we are committed to contribute to the country’s renewable energy mission.

Mr. Yogesh Dua (MD), UTL Solar said, “We are delighted to collaborate with Credit Fair to offer affordable financing solutions to our customers. Being India’s most preferred solar inverter brand, we are committed to play our role in facilitating solar energy transition. By joining forces with Credit Fair, we are paving the way for broad-based green energy adoption.”

Credit Fair plans to boost the share of green financing in its loan book to 40 percent. The company aims to grow its total assets under management (AUM) to Rs.1000 crore by FY25 and scale up the share of the green financing loan portfolio to Rs.400 crore.

VOLVO GROUP SECURES INCREASED VOLUMES OF NEAR ZERO EMISSIONS STEEL THROUGH COLLABORATION WITH H2 GREEN STEEL

Volvo Group’s collaboration with H2 Green Steel for near zero emission steel is another step forward on the continued journey towards a net zero GHG emission value chain by 2040. Under the long-term agreement Volvo Group will purchase near zero emission steel from H2 Green Steel’s new plant in Boden in Northern Sweden. Start of production is planned for end of 2025 with deliveries to Volvo Group starting mid-2026.

As commercial vehicles increasingly run on electrified solutions - reducing the emissions when the product is in use - the environmental footprint from the supply network and production becomes increasingly important.

Collaborations which support our work to reduce

Steel is one of the main materials in the manufacturing of trucks, buses and construction machines. Near zero emission steel focuses on reducing emission to a point where the impact on the environment is significantly minimized, if not entirely eliminated. A commitment set by the First Movers Coalition, of which Volvo Group is a founding member, is to have at least 10% of all steel purchased per year to be near zero emissions (as per FMC definition) by 2030. Supply agreements such as this are important contributions towards accelerating the transition towards net zero.

The commercial vehicle industry has actively been driving the demand for green steel, validating the market interest. When an undeniable large player like Volvo Group, working at the forefront of sustainable change, places a customer order it’s a clear sign of confidence in both our company and our product,” says Henrik Henriksson, H2 Green Steel’s CEO.

MR. DARSHAN PANDYA Managing Director Fox-ess

EQ: How much business have you done so far in India?

DP: We express our sincere gratitude to our Business Partner, EPC, and End-users for their invaluable support, co-operation, and trust in us. With the strong back support of all these stakeholders, we have successfully delivered over 300Mw of solar inverters in India. Through a comprehensive and forward-looking business roadmap, we are strategically positioning ourselves to achieve sustainable growth in both current and future sales.

EQ: What is your target or anticipated business for this FY for India?

DP: We are very much optimistic this year with our sale forecast of 200Mw+ and with our strategic initiatives and solid customer base we will contribute to steady growth and a successful year ahead.

EQ: What are your current products / technology / service offerings?

DP: Currently we are offering on-grid inverters ranging from 1-25kW, 75-110kW, and hybrid inverters ranging from 3-10kW. Fox ESS is a company with a dedicated research and development team that continually aligns its innovations with customer requirements and market demands. For instance, our Starfin heatsink claims a distinctive design, delivering a remarkable 30% better cooling performance compared to competitors.

Its sleek aesthetics, user-friendly operation, in-built customer interface, and our unwavering dedication to quality makes our inverters strong competitors in our industry. Our product excels because of brilliant engineering, top-tier components, dedicated monitoring system, 16 A current support and many other features which make our product unique in terms of appearance, touch, and display compared to other products.

Moreover, our complete supply chain and exceptional engineering for all our products makes us the Top Brand globally.

EQ: Please tell us more about your company?

DP: Fox ESS is one of the vertical of Tsingshan Group, a renowned Fortune Global 500 company and the leading producer of stainless steel globally. Moreover, the company holds the top position in nickel production and ranks fourth in lithium resources. As of 2023, Tsingshan Group boasts an impressive manufacturing capacity of 86 GWh for batteries and energy storage systems. These facts highlight the company's exceptional prominence and accomplishments within the industry. In just short span of 3 years, Fox ESS has made it to the Forbes China list of unicorn companies. We have a massive 12GW factory in Wenzhou, led by visionary management and an excellent R&D team, making us the preferred choice for customers worldwide.

Our dedicated R & D team is continuously working to improve our technology and products. In the Indian market, we began by offering on-grid inverters, and now we provide ongrid inverters ranging from 1-25kW, 75-110kW, as well as hybrid inverters from 3-10kW.

We have a full production and supply chain that covers everything from smelting nickel-chromium alloys to producing battery materials, manufacturing battery cells, assembling battery packs, and producing on-grid and energy storage inverters.

Our efforts have been widely recognized in India and around the world, motivating us to continue working hard and striving for excellence.

EQ: What are the products launch plans in near future?

DP: Fox ESS has made its mark as a global supplier, with a presence across the world. In India, we are providing an impressive inverter for the Commercial and Industrial (C&I) sector, ranging from 75kW to 110kW, along with hybrid inverters from 3kW to 10kW. These high-quality products are now

readily available through our extensive network of business partners. We now offer a diverse range of advanced products. This includes Lithium Battery Prismatic Cells, EV Chargers, Stackable Batteries, and exclusively, Micro Inverters, which were recently unveiled at the prestigious SNEC event in China.

EQ: What kind of growth do you see coming in the Residential Sector Demand?

DP: The growth of solar inverters in the residential sector is expected to continue due to several key factors: Ongoing awareness of environmental issues and to reduce carbon footprints have motivated many to invest in solar energy. The Indian government also offer incentives, subsidies, and implementing policies to promote solar energy in the residential sector. These make solar installations more financially attractive to residential owners, boosting the demand for solar inverters. Furthermore, significant long-term cost savings on electricity bills, making them an attractive investment for residential customers. As the industry continues to evolve, advancements in technology, changes in government policies, and environmental considerations will play significant roles in shaping the future of residential solar and the demand for solar inverters. As the residential solar industry grows, competition among solar inverter manufacturers has increased, leading to product innovation. The residential solar inverter market is expected to experience nonstop growth as more residential owners adopt solar energy solutions.

EQ: What kind of growth do you see coming in the Residential Sector Demand?

DP: The growth of solar inverters in the residential sector is expected to continue due to several key factors: Ongoing awareness of environmental issues and to reduce carbon footprints have motivated many to invest in solar energy. The Indian government also offer incentives, subsidies, and implementing policies to promote solar energy in the residential sector. These make solar installations more financially attractive to residential owners, boosting the demand for solar inverters. Furthermore, significant long-term cost savings on electricity bills, making them an attractive investment for residential customers. As the industry continues to evolve, advancements in technology, changes in government policies, and environmental considerations will play significant roles in shaping the future of residential solar and the demand for solar inverters. As the residential solar industry grows, competition among solar inverter manufacturers has increased, leading to product innovation. The residential solar inverter market is expected to experience nonstop growth as more residential owners adopt solar energy solutions.

“We always has for long partnered with only the best product manufacturers. Fox ESS inverters are undoubtedly technically advanced, dependable and come with the most modern features and after sales service. We and our stake holders have been satisfied with Fox ESS for it’s the product quality and service. Technology superior inverter have better growth in Indian market.”

“We are proud to be a channel partner of Fox ESS. The product is excellent, the service is exceptional and they handle every aspect of it seamlessly. Their excellent customer support after the sale makes sure our customers are happy. We been delivering the products in Indian market for two years and Fox ESS India team has given good support in all aspects. I strongly believe that that spending a bit extra on well-engineered products is worthwhile as compared to some compromised product.”

“We very happy to work with Fox ESS. I receive all the necessary support from the company to serve my customers better. The product quality is outstanding, and their after-sales service is worth appreciating. Fox ESS inverter remains a reliable and efficient option for anyone seeking to convert solar energy into usable electricity. Their commitment to a long-term vision for the Indian market is what convinced us to become their partner. I believe that, brands with focus on good quality, service and long-term vision can surely survive in the Indian Market. Just offering products at lower value doesn't assurance long-term success. Indian customers are becoming smart and are opting high-quality and technically advanced products, and this is where Fox ESS stands out.”

Nevil Thakkar – Partner, Photovoltaic Sola

Pradeep Srikanthan – VP, Redignton Solar

Jay Bhatt – Director, Yuvaan Energy

SERENTICA SECURES INR 2600 CRORES FUNDING FROM PFC FOR ITS RENEWABLE ENERGY PROJECTS

Serentica Renewables (“Serentica” or the “Company”), a leading C&I focused renewable energy developer in India, announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The company has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure the round-the-clock green energy needs of its customers, cumulatively, Serentica will install 4 GW of renewable energy capacities across the country. In the state of Karnataka, the company is setting up 400 MW of wind and solar capacities where it has already secured connectivity to the interstate transmission system (ISTS).

Commenting on the financial milestone, Mr. Pratik Agarwal, Director, Serentica Renewables said, "The debt funding from PFC will accelerate our journey towards supplying 40 billion units of clean energy annually to energy intensive industries and displacing 37 million tonnes of carbon emissions.”

Commenting on the financial transaction, Smt. Parminder Chopra, Chairman & Managing Director, PFC said, “This transaction is in line with PFC’s expanding role in funding green projects and position itself as the focal agency for energy transition.”

With a vision to accelerate the clean energy transition of hard-to-abate industries, the overall portfolio will supply more than 9 BUs of clean energy annually, thereby offsetting 8.5 million tonnes of CO2. Serentica’s vision is to supply over 40 billion units of clean energy annually in the medium term and displace 37 million tonnes of CO2 emissions.

To fuel its growth commitments, Serentica signed definitive agreements with leading global investor KKR in November 2022. KKR’s total $650 million commitment to the company, which includes the latest $250 million investment deal, represents one of the largest decarbonization investments in India to date. With the closure of debt funding from PFC, the company has been able to forge relationships with India’s largest power sector financing institutions. This is a testimony of the trust reposed on the company by the banking and investor community.

Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka

SUNPURE SIGNS STRATEGIC ROBOTIC CLEANING SOLUTION CONTRACT FOR 300 MW TRACKER BASED PROJECT WITH AMP ENERGY INDIA

SUNPURE Technology Co. Ltd. signed the contract for the supply of Sunpure’s water-free robotic cleaning systems for 300 MW AMP Energy India.

The contract includes the supply of Fully Automatic & Semi-Automatic Advanced versions of SUNPURE robotic cleaning systems for 300 MW which will be installed with 1 P Single Axis Trackers in Rajasthan, India. The robotic cleaning systems are scheduled to be commissioned in Q4 2023. AMP Energy India is one of the few developers that have the capability to provide diversified solutions to its customers in niche segments (Solar, Hybrid, Floating Solar) on a large scale. Having the backing of leading international institutional investors such as LGT Lightrock, CIP, SMBC, CBRE Caledon and CIIF/Kotak. With a unique capability to straddle Utility Scale RE projects, Power Markets, Battery Energy Storage and C&I RE projects in India and beyond, Amp Energy India is well on its way to reaching a 5 GWp portfolio in next 5 years. Sunpure Intelligent Technology Co., Ltd. (Sunpure), headquartered in Hefei, China, is the leading PV Cleaning Robotics supplier. Established in 2019, Sunpure has continuously optimized and promoted global service by setting up branches and offices in China, KSA, UAE, Australia, Chile, India, and other regions. Sunpure has been concentrating on consistently providing convenient, reliable, and innovative solar module cleaning robotic solutions which are compatible with all industry-leading modules and mounting/tracking systems suppliers over the past years. SUNPURE has signed PV Cleaning Robot for a cumulative 8GW+ globally.

FIRST ROUNDTABLE BY DUBAI RENEWABLE ENERGY BUSINESS GROUP

Forming the Dubai Renewable Energy Business Group (DREBG) under the auspices of Dubai Chambers is a significant step in advancing renewable energy initiatives in Dubai.

DREBG's primary mission is to serve as a credible and capable platform for discussions, cooperation, and collaboration within the renewable energy sector. It aims to align its efforts with the renewable vision of Dubai and support the industry's best interests. DREBG operates as a non-profit organisation, indicating its primary focus is serving the industry and fostering its growth rather than generating profits. The upcoming First-Round table meeting on 19th September is a critical event. It is designed to bring together industry stakeholders, including suppliers, integrators, developers, bankers, EPC (Engineering, Procurement, and Construction), and primary consumers. The goal is to understand the critical drivers for accelerated growth in the renewable energy sector and collaboratively identify and address industry pain points. The elected Board of DREBG has over 100 years of inclusive industry experience: Chairman - Mr L K Verma, V chairman - Mr Laurent Longuet, Sec General - Mr Walid Saleh, Treasurer - Mr Raj, Special Directors - Mr Rachid, Mr Manoj and Mr Anwar.

Nick Wang, Head of SOFAR North America, sees this as a landmark step during the process of strategically establishing the company’s footprint in North America. “We’re accelerating the construction of a local service team to better serve the market. In the future, SOFAR will keep rolling out innovative solutions to make net-zero profitable for customers, advocating the clean transition and shaping a sustainable future in the continent,” he added.

MR. IBRAHIM KADRIINAMDAR

Regional Sales Manager, MENA & INDIA SolPlanet

EQ: Please tell us more about your company, and directors in detail.

IK: Solplanet is a brand of AISWEI, which is formerly known as SMA’s Chinese subsidiary and has successfully been manufacturing high-quality and reliable products for renowned brands like SMA and Zeversolar.

Today, AISWEI is a leading R&D and manufacturing company focusing on clean energy. Headquartered in Shanghai, China, with three R&D centres, one manufacturing base, and offices in Asia, Europe, South America, Africa, and Oceania, AISWEI and Solplanet serve customers in many countries and regions across the globe. With Solplanet, you get innovative solar products that are easy to install, highly reliable, extremely user-friendly and supported by our award-winning customer service. From single-phase inverters for residential use, to three-phase high-performance inverters for commercial and industrial situations, and even EV chargers, Solplanet’s product line contains simple-to-use products that can help to bring more sun into any home or business.

Rico Guo brings a wealth of experience and expertise in international sales strategy and has played a crucial role in expanding Solplanet's global presence. His leadership has been instrumental in driving the company's growth and commitment to sustainable energy solutions on a global scale. On the other hand, Huseyin Büyükbektas is a professional in the MENA region, where solar energy is rapidly evolving. As the MENA Sales Director, Huseyin has been spearheading Solplanet's efforts in this dynamic market, capitalizing on his deep knowledge of the region's unique opportunities and challenges.

EQ: What are your current technology offerings?

IK: Solplanet is committed to offering cutting-edge technology to the industry. With a legacy of well over a decade in the manufacturing segment we developed a broad portfolio of products that are best fit for the residential commercial and industrial utility segment. We offer a complete range of residential inverters and C&I Inverters. Solplanet inverters are equipped with ShadeSol technology, a crucial feature that optimizes energy generation by addressing shading issues. This feature holds significant importance forresidential, commercial, and industrial (C&I) segments. We take pride in positioning Solplanet inverters as a high-quality solution offered at a competitive and affordable price point. Recognizing the challenges associated with demand and supply, we ensure ready stock availability at our distributor points. The lightweight design and userfriendly installation procedures of Solplanet inverters have garnered immense appreciation and interest from numerous EPC companies. Additionally, our pro version inverters are capable of accommodating high ampere strings and support a 150% DC overload, catering to the unique demands of various regions. Solplanet remains committed to delivering reliable, efficient, and technologically advanced solutions that meet the market’s evolving needs.

EQ: What are the plans for the Indian market for this year?

IK: We have developed a value chain by choosing the right distribution partner for India. We are delighted to announce the appointment of Power-n-Sun as our authorized partner for the MENA region. With their support, we aim to achieve remarkable success in the commercial and industrial (C&I) segment. Our ready stock and ongoing discussions regarding significant opportunities demonstrate our commitment to supplying Solplanet inverters. We aim to promote our flagship product Aquarius series 110KW inverter. Excitingly, there are several upcoming projects on the horizon. The positive responses received from EPC companies and developers have been incredibly encouraging, prompting us to expand our presence in all the regions of India. To ensure seamless sales and service operations, we have established a robust network throughout India. We are grateful for the strong partnership that supports our goals and look forward to continued success together.

EQ: Tell us more about your professional journey, key learnings, and key message from Yourself.

IK: As the Regional Sales Manager at Solplanet, I am responsible for overseeing the MENA and India markets. My expertise lies in developing new markets by establishing business relationships through the appointment of channel partners and the activation of key accounts. With a strong focus on product features and benefits, I aim to leverage my experience to drive business growth for Solplanet in the MENA and Indian regions. Previously, I held the position of Sales Head at SMA, where I successfully managed the Indian market. In addition, I took on the additional responsibility of overseeing the 2GW O&M portfolio for a utility-scale business. My skills extend to sales forecasting and managing large-scale business deals. I am always eager to expand my knowledge, currently focusing on OEM and ODM business practices. Throughout my career, I have successfully launched multiple products to the market, including the Sunny Tripower series by SMA, Zeversolar, and SolidQ50 products. Achieving success often involves facing challenges and setbacks. Perseverance and resilience are essential traits to overcome obstacles and stay focused on long-term goals.

Building strong relationships and working collaboratively with partners is crucial for personal growth and professional success. Empathy helps in understanding others' perspectives and building meaningful connections.

I often emphasize the importance of authenticity, staying true to one's values, and making a positive impact on others and the world. I encourage individuals to embrace their unique qualities, use their talents to contribute positively and create a meaningful legacy.

EQ: What is your opinion on the domestic manufacturing of Inverters?

IK: India has been steadily increasing its manufacturing capacity for solar products due to its ambitious renewable energy goals and policies to promote solar energy. Several companies had set up solar manufacturing units in the country, and the government had been actively encouraging domestic production through initiatives like the "Make in India" campaign.

In my opinion, domestic manufacturing or assembling helps us to reduce import costs, promote local employment, and contribute to the growth of the solar manufacturing ecosystem in India. At the same time, we have to consider the quality production and quality checks before the product hits the market.

I am curious to know if these domestic units are maintaining inhouse quality checks and testing units as follows:

• Temperature and humidity tests

• Shock and vibration tests

• EMC compliance tests

• Long-term field tests under real-life international grid conditions

• Water/dust resistance testing

• Reliability tests include high-temperature and full loading, long-term salt fog endurance tests.

Solplanet is continuously improving the technologies through our internal R&D centres. We aim to develop products with the best quality components with all the in-house product testing facilities to ensure a reliable product. We will be happy to have strategic partnerships with large conglomerates in India.

EQ: Open question, is there something you want to add?

IK: In light of the specific requirements and conditions in India, we advise developers, EPC companies, and stakeholders to consider Solplanet inverters as their preferred choice. Our inverters, featuring ShadeSol technology for optimized energy generation, are well-suited for the unique challenges associated with shading issues in the region. Moreover, the high-quality construction and competitive pricing make Solplanet inverters an attractive option for both residential and C&I projects. With our ready stock availability and efficient after-sales service network, we ensure a seamless experience for our customers in the India region. By choosing Solplanet inverters, stakeholders can benefit from cutting-edge technology, ease of installation, and reliable performance, ultimately contributing to their success in the dynamic renewable energy market of the India region.

CLIMATE TECH STARTUP AURASSURE RAISES INR 4 CRORE IN SEED ROUND FROM UNICORN INDIA VENTURES

Aurassure becomes the first investment from Unicorn’s recently announced Fund III.

Aurassure is an IoT enabled climate tech startup, a pioneering environmental technology company committed to revolutionising sustainability efforts through hyperlocal data insights.

Funds to be primarily used for team building, expanding data analytics and sales & marketing.

Aurassure aims to expand in Southeast Asia and Africa, and subsequently, into Europe and the United States.

Experiencing robust market traction from both public and private sector clients, the company is poised for a 6x growth by 2024.

The company is witnessing rapid expansion and has already established itself in cities like Bhubaneswar, Chennai, Aurangabad, Rajkot, Rourkela, and Delhi.

Unicorn India ventures has recently announced its first close of Rs 1000 crore Fund III at Rs 225 Crore.

Bhubaneswar-based IoT enabled climate tech startup Aurassure has raised INR 4 Crore in a seed round led by Unicorn India Ventures. The funds raised will be deployed to strengthen product capabilities by creating a data analytics team, acquiring product certifications for international scaling, and sales team expansion for growing reach to multiple cities. Aurassure using its powerful IoT enabled intelligent systems has the capabilities to collect real time data and analyse it to provide accurate forecasts and updates on disasters and frequently changing weather patterns like floods, air pollution, and rainfall along with other climate data which can empower governments and citizens in making decisions for a healthy and safe lifestyle. The Company has successfully onboarded prestigious clients including Tata Realty, L&T Realty, P&G, Honeywell, IIT Bombay and Google. Aurassure has witnessed a 40% QoQ growth and has expanded its operations to cities like Bhubaneswar, Chennai, Aurangabad, Rajkot and Delhi.

Aurassure aims to bring people together to fight against the rising issues of the environment, namely pollution, global warming, and climate change. Akanksha Priyadarshini, Co-founder & CEO, Aurassure, says, “Empowering communities with hyperlocal data to build resilience against climate change is not just a mission, it's a responsibility we wholeheartedly embrace. Together, we're not just innovating but driving a positive change for a healthier, more resilient, and sustainable future, one city at a time. Our vision goes beyond data collection. We aim to be instrumental in policy-level decision-making by providing vital insights to form responsible environmental practices. We also plan to offer robust decision support systems and environmental consultancy services, guiding governments and organisations in making sustainable choices.”

Aurassure’s mission is to improve the liveability of cities of the world, impacting billions of lives by enabling responsible climate actions through real-time data & AI. The company provides cutting-edge sensor-based devices and AI-powered analytics platforms that empower governments, corporations, researchers, and communities to make informed decisions and take meaningful action to protect our environment. The Company has recently launched Aurassure Care, a smart air quality monitoring device for indoor environment monitoring that can be integrated with BMS and air purification solutions. It can also enhance the green ratings of commercial spaces. The Company also has products like Aurassure Trust for flood monitoring designed to provide crucial and timely insights for flood-prone areas and Aurassure Infra for outdoor air quality weather and GHG monitoring.

Commenting on the investment, Bikram Mahajan, Partner, Unicorn India Ventures, says, “Although the global environment monitoring market is valued at over $12 billion, of the 1.4 million devices needed just for air quality monitoring, only 3% are operational, underscoring the urgent need for action and the vast market potential. In our quest for a scalable climatetech venture, Aurassure stood out. In a world choked by data silos and the escalating threat of climate change and air pollution, the Aurassure platform leverages AI, machine learning, and data points from multiple devices to generate accurate insights and actionable intel. Driven by a powerhouse team, Aurassure resonated with our ethos of championing disruptors, and we're thrilled to partner with them as they redefine environmental monitoring to pave the way for a cleaner future. “

Aurassure's notable revenue growth in the last one year underscores the escalating demand for smart environment tech products and services, setting the stage for the company to potentially multiply its earnings by 6x in 2024. In the next 12 – 18 months, Aurassure aims to deploy over 1000 sensor devices in 8 cities across the country. It is also targeting to expand in Southeast Asia and Africa, and subsequently, into Europe and the United States. The company's growth plans for the next year are marked by geographical expansion, revenue diversification, team strengthening, and global readiness along with certifications for international scaling.

EKI ENERGY SERVICES LTD. WINS THREE PRESTIGIOUS AWARDS AT ENVIRONMENTAL FINANCE SUSTAINABLE COMPANY AWARDS 2023, SHINING BRIGHT ON THE GLOBAL STAGE

• Mr. Manish Dabkara, Chairman & MD of EKI awarded Net Zero Champion of the Year (Global).

• Mr. Samrat Sengupta, Vice President of EKI awarded Sustainable Business Leader of the Year (APAC).

• EKI also honoured with Community Involvement Program of the Year (EMEA) for its Clean Cooking Initiative.

EKI Energy Services Ltd., a leading carbon credit developer and supplier across the globe, proudly announces its impressive performance at the prestigious Environmental Finance Sustainable Company Awards 2023. The event, which celebrates organisations and individuals leading the way in environmental and sustainable practices, saw EKI shine brightly on the global stage with three remarkable accolades.The Environmental Finance Sustainable Company Awards recognize leading companies across all industries that are transforming their business practices to pave the way towards a net-zero future.

In a momentous triumph, Mr. Manish Dabkara, Chairman & MD of EKI, has been awarded the title of "Global Net Zero Champion of the Year". This esteemed recognition underscores Mr. Dabkara's visionary leadership and unwavering commitment to advancing net-zero initiatives on a global scale. EKI's dedication to community and sustainability has also received international acclaim, as the organisation has been awarded the title of Community Involvement Program of the Year (EMEA) for its clean cooking initiative which focuses on community development while ensuring environmental sustainability. EKI's improved cookstoves, 'Agneeka Ecomini' lower fuel requirements, improve indoor air quality, reduce the drudgery of women and children who travel long distances to carry heavy logs of wood and significantly reduce greenhouse gas emissions. EKI reports it has already distributed over two million of its cookstoves to communities in many low-income parts of the world, largely Asia and Africa. In another triumphant win, EKI's Vice President, Mr. Samrat Sengupta, has been named the Sustainable Business Leader of the Year in the APAC region. This accolade celebrates his outstanding contributions to sustainable business practices, setting a shining example for the global community.

Mr. Manish Dabkara, Chairman & MD, EKI Energy Services Ltd. said, “These awards stand as a testament to EKI's unwavering dedication to creating a sustainable future for all. They reaffirm our commitment to innovation and relentless collaboration in our pursuit of net-zero emissions. We are honoured by this recognition, which reflects our team's global commitment to sustainability. We remain steadfast in our mission to safeguard our planet and leave a lasting legacy of environmental stewardship."

EKI is committed to driving innovation, sustainability, and positive change globally. These accolades from the Environmental Finance Sustainable Company Awards 2023 serve as a testament to the company's ongoing commitment to a greener, more sustainable future.

Environmental Finance is an online news and analysis service that reports on sustainable investment, green finance and people and companies active in environmental markets.

MR. VARUN RAJ Regional Sales Head, North India

Goodwe

EQ: What are your current product / technology / service offerings?

IK: We at GoodWe continue to offer robust energy solutions for Indian solar market. We have quite a flexible range of solar On-Grid string inverter solutions for Residential, Commercial, Industrial and Utility projects in India. Our string Inverter range for Residential rooftop starts at 0.7kW and extends to 20kW.Our Commercial and Industrial product offerings range from 25kW to 120kW and our utility product segment offers 250kW and 350kW.All the inverters offer a very low start up voltage of only 200V and comes with most updated MPPT technology so as to maximise the generation from your solar project. These three-phase string inverter is specially designed to maximize the benefits of large ground-mounted projects and rooftop projects. Effectively if you wish to put up solar over your roof or on ground, GoodWe has a solution to your every solar inverter requirement. In the energy storage sector, our hybrid inverters range from 3 kW to 100 kW, allowing seamless integration of energy storage systems. We manufacture lithium-ion batteries with capacities ranging from 5.4 kWh to 16.4 kWh, providing reliable and efficient energy storage solutions. To promote sustainable transportation, we offer solar powered EV chargers in single-phase and three-phase configurations ranging from 7 kW to 22 kW. In Totality we offer a diverse product range, with one of the highest efficiency, safety and cost effectiveness to drive the energy transition in a big market like India.

EQ: What are the product launch plans for this year?

IK: This year we are launching GoodWe 350kW string Inverter for utility-based ground mount projects. It has some of the latest features which will not only lead to higher yield but also help you with lowest operation and maintenance. It offers flexible 12 MPPT and 15 MPPT options, supports dual modules with a maximum series input current of 15/20 A, and supports 182 mm / 210 mm modules. The integration of IV curve scanning and diagnostic functions simplifies management and maintenance and improves performance. Focusing on safety, cost optimization (LCOE) and economics, the 350kW 1500V inverter is best in class string inverter suitable for your utility-scale PV projects.

EQ: What is the Opportunity in India Currently…in Terms of Projects in Tender, Pipeline etc…Opportunities in Manufacturing etc…

IK: India's solar renewable market has been experiencing significant growth and opportunities. The Indian solar market offers some really exciting opportunities:

Solar Project Tenders and Pipeline:

India has been actively promoting solar energy through various government initiatives and policies. The solar project pipeline in India, particularly in the utility-scale sector, has been robust. Opportunities abound in both central and state-level tenders. The government's focus on achieving ambitious renewable energy targets has created a favorable environment for solar projects.

Solar Rooftop Segment:

The rooftop solar segment, including residential, commercial, and industrial installations, has been growing steadily. Government incentives, net metering policies, and the desire to reduce electricity costs have driven this growth. The residential, commercial and industrial market happens to be in the sweet spot for India.

Energy Storage and Hybrid Systems:

As solar penetration increases, energy storage solutions and hybrid systems are gaining importance. We can consider exploring opportunities in this sector, especially in regions with intermittent grid supply or in remote areas where off-grid solutions are needed.

Skill Development and Training:

Given the growth of the solar industry, there's a growing need for skilled labor and professionals. GoodWe offers opportunities in providing training and skill development programs for the solar workforce.

EQ: What kind of market do you anticipate in 2023 in terms of Utility / C&I / Residential?

IK: I think solar market is going to get really exciting and booming this year, given the drop in PV module prices. We have already surpassed targets set for solar this year and India continues to grow it’s solar installation share at the fastest pace. In terms of anticipating specific markets:

Utility-Scale Solar Sector: The utility-scale solar sector in India is expected to continue its growth trajectory. The government has set ambitious targets for renewable energy capacity, including solar, and was actively promoting solar projects through competitive bidding and incentives. Opportunities for utility-scale solar projects are likely to remain robust, with a significant pipeline of projects in various stages of development. Auctions and tenders for large-scale solar installations are expected to continue, offering opportunities for project developers, EPC companies, and component manufacturers.

Commercial and Industrial (C&I) Sector: The C&I sector is emerging as a promising segment for solar installations, driven by increasing awareness of sustainability and the need for cost-effective power solutions. Many businesses and industries are exploring rooftop solar installations to reduce electricity costs and meet their sustainability goals. Solar companies catering to this sector are likely to find opportunities in providing customized solar solutions and financing options to C&I clients.

Residential Solar Sector: The residential solar sector is also expected to grow as more homeowners showed interest in adopting solar PV systems for energy generation. Government subsidies, net metering policies, and decreasing solar panel costs are making residential solar installations more affordable. Solar companies specializing in residential installations could tap into this market by offering competitive pricing, quality products, and effective marketing strategies.

Energy Storage and Hybrid Systems: The integration of energy storage solutions with solar systems are gaining importance, especially in regions with unreliable grid supply. Companies offering energy storage solutions and hybrid systems are expected to see increased demand, particularly in remote areas and industries with critical power requirements.

EQ: What kind of growth do you see coming in the Residential Sector Demand?

IK: The residential sector in India's solar industry is expected to experience significant growth in demand, driven by several factors:

Reduced Solar Panel Costs: The cost of solar panels has been steadily decreasing, making residential solar installations more affordable for homeowners. This reduction in costs is expected to continue, further incentivizing residential adoption.

Government Subsidies and Incentives: Various state and central government incentives and subsidies are available to promote residential solar installations. These incentives, such as net metering and subsidies on solar equipment, make it financially attractive for homeowners to invest in solar power systems. Rising

Electricity Prices: The increasing cost of conventional grid electricity in many parts of India make solar power an attractive option for homeowners seeking to reduce their electricity bills. Solar installations provide long-term savings on electricity costs.

Environmental Awareness: Growing environmental consciousness among homeowners lead to increased interest in clean energy solutions. Many individuals and families want to reduce their carbon footprint and contribute to a more sustainable future.

Grid Reliability: In regions with unreliable grid electricity supply, residential solar installations with battery storage become an appealing option to ensure uninterrupted power availability.

Availability of Financing Options: The availability of financing options, including loans and lease agreements, make it easier for homeowners to invest in solar power systems without significant upfront costs.

Government Initiatives: The government has launched programs to promote rooftop solar installations in residential areas. Such initiatives aim to simplify the installation process and reduce administrative barriers.

Given these factors, it is anticipated that the residential sector's demand for solar installations will continue to grow in India. Homeowners are increasingly considering solar power not only as a means to reduce electricity bills but also as a long-term investment in clean energy.

ACHIEVEMENT

HUASUN RANKS TOP 3 IN TAIYANGNEWS HIGHEST

EFFICIENT COMMERCIAL

SOLAR MODULES LIST SEPTEMBER

2023

The trend towards very high efficiency modules continues in the TaiyangNews TOP SOLAR MODULES list for September. Huasun Energy has made a leap to the 3rd place out of a total of 51 modules listed after increasing its efficiency by close to 0.5 percentage points to 23.02%.

The new 715W HJT module in its Himalaya G12 series, which is aimed at utility-scale applications. Huasun’s Himalaya G12-132 solar module (Model No.: HS-210B132DS) is the only product listed in the top 3 that uses the cutting-edge n-type high-efficiency heterojunction technology (HJT), and at 715W, it even represents a top power rating across the list: there is no other module listed with such a high power output. TaiyangNews has been covering the efficiency progress of solar modules since the year of 2017, and has become

an important index for solar power industry to witness the highest level of PV module industrialization. Efficiency and output power are the two key characteristics of a solar module. While there are several ways to improve module power such as employing larger cell sizes or integrating more cells into a module, it’s the efficiency that truly speaks about the ability of the solar device to convert sunlight per area into power. That’s why only the highest efficient solar modules are included in this list.

With the advantages of 'four highs' (high efficiency, high power, high bifaciality, high reliability) and 'four lows' (low temperature coefficient, low attenuation, low LCOE, low carbon emissions), Huasun’s Himalaya G12-132 modules are specially designed for large-scale utility solar power plants, and the 715W modules have been successfully applied in some PV projects. Huasun is honored to be listed as the only module manufacturer with an efficiency of over 23% and power output of over 700W, as well as the best performer in HJT sector in terms of both efficiency and power. By continuously expanding the HJT capacity with improved efficiency and reduced cost, and strengthening synergy with value chain enterprises, Huasun will spare no effort to accelerate the

industrialization of high-efficiency N-type heterojunction modules and promote the high-quality development of the photovoltaic industry.

GUJARAT STATE FOSTERING RENEWABLE ENERGY PENETRATION BY IMPLEMENTING FAVORABLE POLICIES

To achieve nation’s target of becoming net zero by 2070 and to install 500 GW of Renewable Energy by 2030, State governments are also active to encourage renewableenergy’s penetration in their respective states. In the August 2023 Gujarat State Renewable Energy Policy- 2023 was declared for further encouraging setting up of renewable generation projects based on Wind, Solar and Wind-Solar Hybrid technologies.

Gujarat State has successfully demonstrated its commitment towards clean energy with installed Renewable Capacity of 20 GW at present in which the addition of about 11 GW has taken place during last 4 years. The State’s policy aims to facilitate development of 100 GW of cumulative Renewable Energy capacity by 2030 with investments of around Rs. 5 lakh crores by utilizing approximately 4,00,000 acres of land. There is no capacity restriction for setting up of RE projects for captive use or for selling electricity to third party consumer with respect to the consumer’s sanctioned load. Floating or canal-based solar projects are to be implemented in consultation State water control government. Gujarat Government is encouraging Solar parks, wind parks and Solar Wind Hybrid parks on government or private land. The minimum capacity of RE park shall be 50 MW and the maximum park capacity shall be in accordance with the guidelines or schemes of MNRE. The Wind Solar Hybrid projects has two categories:A type projects includes the conversion of existing or under construction Standalone wind or solar power plants into hybrid projects. Type B projects includes new wind-solar hybrid power generation projects. DISCOMs may procure power from distributed solar projects up to 4 MW capacity and small size wind power projects up to 25 MW capacity at a pre-fixed levelized tariff as per the mechanism decided by GERC. To enable consumers to voluntarily shift towards renewable energy, DISCOM shall supply 100% renewable energy upon requisition for RE power made by such consumers at a Green Power Supply Tariff, as determined by GERC. With RE integration in the grid, there is a need to maintain voltage as RE integration may be able to fluctuate the voltage.

To regulate the state’s grid effectively, SLDC need to monitor the data of RE projects continuously. So, the RE developers are required to install Remote Terminal Unit (RTU) at the RE project for transferring the real time data to the Load Dispatch Centre. RE projects are eligible for Carbon credits that include CERs, VERs, Gold Standards, or any other standards adopted at the national or international level for the issuance of carbon creditsfor renewable energy projects.

As per the recent data from MNRE, India has already installed 130.88 GW of renewable energy including 71.11 GW of Solar energy which can be considered as a milestone in the transitional journey of the country. We at Navitas Solar acknowledge and appreciate the state government’s efforts for encouraging clean technologies.

Author MR. VINEET MITTAL Director & Co-Founder Navitas Solar

GROWATT TO SHOWCASE SMART ENERGY SOLUTIONS AND INNOVATIONS AT REI EXPO 2023

The Renewable Energy India (REI) Expo 2023 will be held at India Expo Centre & Mart from Oct. 4-6. As a leading distributed inverter solution supplier, Growatt will showcase its comprehensive product portfolio and state-of-the-art technology at Booth 101 in Hall 7.

Displaying Growatt’s groundbreaking MID 33-50KTL3X2 product, a game-changer for the C&I segment, boasting an impressive 98.8% conversion efficiency.

The MID X2 series ensures optimal energy conversion by featuring 3/4 MPPTs and a 16A string current, making it compatible with high power modules. With IP66 protection and AFCI & Type II SPD on DC & AC sides, it’s your ideal partner for safe and green energy transformation. Furthermore, Growatt’s ingenious OSS (Online Smart Service) system integrates intelligent string monitoring, smart IV curve scanning, and one-click diagnostics embody ingenuity.

At the Expo, Growatt will highlight its dynamic NEO 2000MX micro-inverter series, crafted for small rooftop or balcony PV scenarios. It hosts 4 independent MPPTs, securing peak performance for each panel, and supports a 15A string current, compatible with 600W+ solar modules. The impressively low start voltage of 20V enables early activation and extended operation and the Communication Gateway (Weblink) realizes panel-level performance monitoring.

In the quest for energy self-sufficiency and cost reduction, businesses are increasingly adopting energy storage systems. This drive takes center stage at the Expo, where Growatt will shine with its diverse energy storage solutions, notably the outstanding ‘WIT 50-100KTL3-HU/AU’. The WIT series highlights advanced functions including built-in UPS, black start capability, 100% unbalanced output, 110% continuous AC overloading, and seamless compatibility with the APX commercial battery.

“Growatt’s exhibition at REI Expo, recognized as Asia’s leading renewable energy-focused B2B exhibition, will involve a wide range of smart energy solutions, including the high-string current MIC -X2 & MIN -X2 single-phase grid-tied inverter and the powerful MAX series C&I grid-tied inverters”, said Rucas Wang, regional director of Growatt. Additionally, the Thor AC/DC EV chargers and the portable Infinity series power stations are equally showcased. “These offerings address ever-changing user-side demands, emphasizing Growatt’s mission to enable everyone to benefit from sustainable energy”, Wang affirmed.

MID 33-50KTL3-X2

NEO 2000M-X

WIT 50-100KTL3-HU/AU

MR. MANISH SINGHAL

Co-Founder – TerraNxt Pvt Ltd

Ex-Director Solar PV Portfolio, ACWA Power

EQ: What is your New Venture About?

MS: TerraNxt is creating a Digital Platform which will significantly reduce the fast growing Soft Costs* in Solar PV Business. Over last 3 decades, industry was focused in developing technologies that helps in reduction of cost of Solar Modules, Inverters and Racking system while there was minimal focus on adoption of technologies that helps reduce the Soft Costs.

EQ: What are Soft Costs and why they are a concern area?

MS: Soft Costs are all those costs involved in delivery of Solar PV Project which are associated with human being. E.g Customer Acquisition Costs, Design Costs, Risk Analysis and Proposal Preparation Costs, Project Management Costs, Cost of Delays and other in-efficiencies, Cost of O&M, etc. Due to shortage of talent in the industry and annual increments to beat inflation, these costs have been growing steadily. They used to be in the range of 10% to 18% around a decade back, and are now in the range of 15 to 30% (depending upon the size of the PV Plant). For the Net Zero goals to materialize, a sharp focus on continuous cost reduction of PV is imperative and TerraNxt is doing its bit in this direction

EQ: How is this idea born and who else is part of this?

MS: Like any other start-up, this was also started as an idea 2 years back at a coffee house where 4 friends were discussing to do something by leveraging their respective skills. My other co-founders – Rupesh Kumar, Krishanu Acharya and Amit Kumar were already a full time entrepreneurs in the area of Satellites, Geo-Spatial Analytics and Digital Technology Development and were convinced that Solar PV is the next big opportunity. I was mentoring them by giving ideas and what are the needs of the industry and pain areas and what kind of solution will be needed by the industry. I was lucky to get a brief stint as Digital Transformation Leader at ACWA Power where I saw huge possibilities of Digital Technologies making a strong impact on Solar PV Sector. And one fine day, I decided to join my friends full time to lead this venture. It was a tough decision (leaving a high paying job at one of the best companies) but I was well supported by my family in allowing me to pursue my passion.

EQ: Can you tell us a bit more about what TerraNxt will bring out soon? In layman’s term

MS: TerraNXt will be launching its first product (PVNxt) in FY2024 which will:

A. Reduce the Costs of Visits to Customer Roof to ZERO.

B. Will significantly enable SMEs/MSMEs involved in Solar Roof Top PV Business by reducing their costs of doing business and increase response to customers.

C. Will enable DIY for Roof Top PV Customers (for less than 100 KWp size).

D. Will help optimize the design of Utility PV Plants by providing best tilt-pitch combination within minutes.

E. Will generate LOD 300 level 3D Layout of Utility Scale PV plants in minutes (fully Geo-located components) for Digital Twinning and use in 6D BIM Project Management.

F. Will Generate Detailed BoQ of Utility Scale Plant (Level 3).

G. Will provide complete risk analysis of any terrain incl associated cut-fill volumes and layout challenges within hours. Something that Developers/EPC need during large bids.

EQ: Which markets are you focusing?

MS: Our platform is being built entirely on Cloud and can be accessed by any customer worldwide. We shall be initially focused on Asian Markets (incl Middle East) and will have different business models suiting to the needs of each target country.

EQ: Who are your competitors in this space? And how are you going to deal with them?

MS: We have few big players from European and USA region who have done a good amount of work in this field. Some of the noteworthy players are – Aurora Solar, TerraBase Energy, PV Case, Enpal. We believe that PVNxt will provide lot many value pools to customers and at a descent detail which these platforms are still lacking and that our teams rich experience in Solar PV EPC (with focus on details) will be leveraged to its full extent.

EQ: Are there any Investors on-board?

MS: We are currently boot-strapped and incubated at FITT IIT Delhi and Wadhwani Foundation. Hoping to get an investor very soon!!

UTILITY PROJECT

BVG INDIA SURPASSES 1 GIGAWATT OF TURNKEY SOLAR PV PROJECTS PORTFOLIO FOR UTILITY SCALE PROJECTS

With a strong vision of Founder and Managing Director of BVG India Ltd., Mr. HR Gaikwad, commenced Renewable Energy Business Unit in 2016 with a strong leadership team under Mr. Pankaj Dhingra, Director of BVG India Ltd. In addition to commissioning 700MW within the committed timeframe and maintaining high quality and HSE standards, 400+ MW are currently underway. According to Mr. Dhingra, BVG has ventured into PV Module Manufacturing business with a capacity of 500 MW that will be scaled up to 2 GW by 2026 and has planned to reach 5GW in Solar PV Projects portfolio by 2030.

BVG India, founded in the year 1997 with 8 members and today has a strong team of 80,000+ employees spread across 70+ cities, 20+ states in India, having three major business verticals i.e. Facility Management, Dial 108 Emergency Medical Services Life Sciences and Renewable Energy. BVG India recently announced, their Renewable Energy Business Unit has surpassed 1 GW Turnkey Solar PV projects portfolio globally. With a strong belief in delivering projects in committed time, and maintaining high quality and HSE standards, BVG has successfully delivered more than 700 MW of Solar PV projects and look ahead to add up 5 GW to the Solar PV projects portfolio. With strong financial credentials, in-house design team, project management and wide procurement network for solar, BVG has stepped into the International market as a Solar IPP player for developing utility-scale solar projects and expanded corporate offices in USA, Singapore and Africa. Gradually, the company has become one of the leading renewable EPC companies. BVG has procured fully automated machinery and manufacturing line from an experienced manufacturer of turnkey line suppliers based in Europe. The first phase of manufacturing capacity is 500 MW, spread across 150,000 Sq.Ft. in Greater Noida, Uttar Pradesh, India is capable of manufacturing Mono-Facial, P Type Bi-facial, NType TopCon and All-Black modules using M10 and M12 half-cut cells. 500 MW PV module manufacturing facility is ready to start operations in FY 2023-24 with a vision of expanding manufacturing facility to 2 GW till 2026.

Mr. HR Gaikwad founded BVG in 1997 with the motive of creating job opportunities for rural youth. Beginning with 8 people team, now BVG’s manpower strength has reached to 90,000+ across the country. BVG provides various services, which include Mechanized Housekeeping, Landscaping and Gardening, Civil and Electrical Maintenance, Fabrication Services, Turn Key Solutions, Logistics Support & many more services required by any organization. We work with philosophy of partnership and help our customers to focus on their core areas by managing their non-core activities. Apart from Service BVG are into different sectors also like Pharmaceutical, Lifesciences, Food parks, Solid waste management etc.

Mr. Dhingra, 34+ years of exhaustive experience in senior positions in the Central Government of India, Nuclear Power Corporation and reputed companies such as Reliance Power, Lanco Infratech, BGR Energy multiple power sector veteran with over 10 GW of experience in execution and commissioning, in the coming years, BVG is expected to flourish and gain more traction.

Mr. Pankaj Dhingra, Director at BVG India, expressed his gratitude for the faith and trust demonstrated by all our stakeholders in the renewable industry to accomplish this milestone. We are on track to add 5 GW to our Solar PV project portfolio by 2030 with our in-house engineering, design and project management teams. With a goal of reaching 2 GW by 2026, our first phase of 500 MW solar module manufacturing will be fully operational by the end of FY 202324. BCD, BIS, and ALMM reflect a sudden increase in demand in the domestic market following its implementation. There is huge demand in countries such as the United States, Europe, Africa, Australia, Canada, New Zealand.”

ELECTRIC VEHICLE

EULER MOTORS AND FYN PARTNER TO TRANSFORM INDIA'S LOGISTICS WITH FAST CHARGING EVS

• Fyn to procure 2000 fast charging Euler HiLoad EVs from Euler Motors to meet the growing demand from the logistics industry.

• Partnership is a part of Fyn’s expansion plans into new geographies like Mumbai, Delhi and Coimbatore.

• Euler Motors is expected to deliver over the next 18 months.

• With this partnership, Fyn aims to have the largest 3 wheeler fast charging EV fleet in India.

• Petronas-backed Gentari is financing Fyn to procure the entire order from Euler.

India’s first vertically integrated EV as a service platform, Fyn, which has emerged as a pioneer in maximizing efficiency of deployed EVs, has announced a strategic partnership with Euler Motors to procure 2000 fast charging 3 wheeler EVs. Through this transformative alliance, Euler Motors will empower Fyn to establish the country's largest 3-wheeler fast charging EV fleet, dedicated to serving the burgeoning B2B sector with its flagship product - the Euler HiLoad EV. Fyn has secured financing of this deal from Petronas-backed Gentari, a global leader in providing green mobility solutions. Gentari aims to establish Vehicle as a service fleet in India, Malaysia and APAC to drive sustainable mobility switch and adoption. The company aims to have 10% market share of charging points and EVaaS across key markets in APAC including India.

To meet the growing demand from the logistics sector, Fyn is leveraging its innovative platform approach to unite all EV stakeholders on a single platform, driving India towards a sustainable green mobility future. Euler Motors is all set to deliver the 2000 Euler HiLoad EVs over the next 18 months. This strategic phased approach will help Euler Motors and Fyn to revolutionize the commercial EV segment, pioneering the shift towards eco-friendly mobility solutions.

Visakh Sasikumar, Founder CEO, Fyn, says, “Our goal is to empower our customers to extract the maximum potential from their deployed EVs. To achieve this goal, we have leveraged our deep understanding of the EV landscape in India as we have been ahead of curve on many levels. Fast charging is truly a game changer. To have a vehicle ready for quick redeployment through fast charging, has helped logistics companies achieve their business goals in a more capital-efficient manner. Our partnership with Euler is a significant step towards building a mass electric ecosystem, transforming intra city transportation and creating much-needed value for India.”

The 3W LCV Euler Hiload EV from Euler Motors will fuel Fyn's expansion plans into new geographical markets within India, including Mumbai, Delhi, and Coimbatore. With features like a 12.96 kWh battery pack with patented liquid cooling technology, highest load capacity of 688 kgs in the sub-one tonne vehicle category and torque of 88.55 Nm for best-in-class pulling power the HiLoad EV, boast of better performance, extended battery life, reduced total cost of ownership and less down time which improves profitability for users.

Commenting on this partnership, Saurav Kumar, Founder and CEO, Euler Motors said, Our association with Fyn gives us an opportunity to not just expand our market reach across India, but also allows us to address critical aspects of EV ownership, fast charging infra and operational excellence. We are looking to deploy 2000 Euler HiLoad EVs with Fyn over the next 18 months. This alliance is driven by our unwavering commitment for EV adoption in the Indian commercial segment. Together, Euler and Fyn aim to be the catalysts of technological progress, revolutionizing mobility, and co-creating a sustainable future where innovation meets sustainability.”

The strategic alliance with Euler Motors marks a pivotal milestone in Fyn's journey towards expansion and nationwide impact. Fyn is growing 20% month-on-month, boasting an active fleet of over 500 EVs. It is presently operating in Chennai, Hyderabad, and Bangalore. The company aims to expand its footprint to Mumbai, Delhi, and Coimbatore within the next 18 – 24 months., The collaboration will play a key role in enabling Fyn to achieve its ambitious goal of establishing a 5000-strong EV fleet by 2024. With the support and expertise of Euler, Fyn is poised to accelerate its growth trajectory.

HUASUN WINS 160MW HJT SOLAR MODULE PROJECT TENDERED BY SPIC

Huasun Energy was announced as the winner of the 160MW HJT Module Bidding Section 3 on September 5th, as listed in the results of the State Power Investment Corporation Limited (SPIC) 2023 Annual E-commerce Procurement Bidding. With excellent product quality, strong technical strength, professional service and excellent delivery capacity, Huasun stood out in the fierce competition and finally won the bid for the 160MW heterojunction (HJT) solar module project, which is the second time that Huasun has won the bid for the SPIC's e-commerce procurement project.

To meet the needs of PV project construction, SPIC’s solar equipment procurement this time includes 80MW lightweight flexible PV modules, 900MW HJT modules, 240MW 166 modules, 260MW N-type transparent backsheet modules, and 40MW composite frame (GRPU) modules. HJT accounts for the largest procurement value and was tendered in 6 bidding sections. It is a great honor for Huasun to once again be recognized by SPIC as the HJT module supplier with high quality products and services.

As the world's largest vertically integrated provider of HJT solar products and solutions, Huasun takes the lead in realizing the mass production of microcrystalline and silvercoated copper processes, and owns a complete product system and industry-leading product energy efficiency. To date, Huasun has more than 10GW of heterojunction cell and module capacity that can be applied in various solar scenarios. For example, Huasun Himalaya G12-132 modules, with the highest mass-produced power of 720W, are primarily designed for large-scale ground solar power plants; and G10-144 modules, which are mainly targeted at the distributed solar market, can achieve a maximum massproduced power of 600W, which is the highest among modules of the same type.

As reported earlier this month, the first batch of 210mm HJT solar cells has been successfully produced in Huasun Dali base. With an average efficiency of 25.23% and a maximum of 25.69%, the cells once again set a record for Huasun's mass production HJT cell projects and will support the development of higher power HJT solar modules.

Huasun has successfully delivered more than 2GW of high-efficiency HJT solar cells and modules to the customers worldwide. By continuously expanding the HJT capacity with improved efficiency and reduced cost, as well as strengthening synergy with value chain enterprises, Huasun will spare no effort to accelerate the industrialization of high-efficiency N-type heterojunction modules and promote the high-quality development of the photovoltaic industry.

Huasun Energy Headquarters in Xuancheng, Anhui, China

CHUNG-ANG UNIVERSITY RESEARCHERS USE CARBON CAPTURE AND UTILIZATION TECHNOLOGY TO RECYCLE INDUSTRIAL CARBON DIOXIDE

A new study discusses a sustainable process for the efficient conversion of carbon dioxide emissions into commercially valuable products

Carbon dioxide (CO2) emissions are a primary cause of climate change and one of the world's most pressing problems. Although countries across the globe are striving hard to achieve carbon neutrality, there remains a critical need for undertaking sustained efforts to mitigate the released carbon. A new Chung-Ang University study now suggests a commercial, eco-friendly, and sustainable method of generating value-added products using industrial CO2 with a 20% lower global warming potential.

Climate change is a serious concern that needs to be prioritized globally. Nations across the globe are drafting policies to reduce the impact of global warming and climate change. For instance, the European Union has recommended a comprehensive set of guidelines to achieve climate neutrality by 2050. Likewise, the European Green Deal puts heavy emphasis on reducing greenhouse gas emissions. The capture of emitted carbon dioxide (CO2) and its chemical conversion into useful commercial products is one way to limit global warming and mitigate its effects. Scientists are now looking into carbon capture and utilization (CCU) technology as a promising approach to expanding CO2 storage and conversion at a low cost. Global CCU research, however, is largely limited to only about 20 conversion compounds. Given the variety of CO2 emission sources, it is critical to have a wider range of chemical compounds, which necessitates delving deeper into processes that can convert CO2 even at low concentrations.

A team of researchers from Chung-Ang University in Korea are conducting research on CCU processes that use waste materials or abundant natural resources as raw materials to ensure their economic feasibility. The team, led by Professor Sungho Yoon and Associate Professor Chul-Jin Lee, recently published a study where they discuss the utilization of industrial CO2 and dolomite—a common and abundant sedimentary rock that is a rich source of calcium and magnesium—for the production of two commercially viable products: calcium formate and magnesium oxide. The study was made available online on May 22, 2023 and was published in Volume 469 of the Chemical Engineering Journal on August 1, 2023.

“There is a growing interest in utilizing CO2 to produce valuable products that can help mitigate climate change while creating economic benefits. By combining CO2 hydrogenation and cation exchange reaction, a process for simultaneous metal oxide purification and high-value formate production has been developed,” remarks Prof. Yoon.

In their study, the researchers used a catalyst (Ru/bpyTN-30-CTF) to add hydrogen to CO2, which resulted in the production of two value-added products, calcium formate and magnesium oxide. Calcium formate, a cement additive, de-icing agent, and animal feed additive, is also used in leather tanning. Magnesium oxide, in contrast, is extensively used in the construction and pharmaceutical industries. The process was not only viable but also extremely rapid, yielding the products in just 5 minutes at room temperature. Moreover, the researchers estimated that this process could reduce global warming potential by 20% when compared to traditional calcium formate production methods.

The team also evaluated if their method could potentially replace the current production approaches by checking its environmental impact and economic feasibility. “Based on the results, we can say that our method offers an eco-friendly CO2 conversion alternative that could replace the conventional approaches, potentially contributing to the reduction of industrial CO2 emissions,” Prof. Yoon explains.

Although converting CO2 into meaningful products sounds promising, these processes are not always easy to scale up. Most of the CCU technologies have not been commercialized owing to their low economic feasibility compared to the prevailing commercial processes. “We need to combine CCU processes with waste material recycling to make them both environmentally and economically beneficial. This may contribute to achieving a net-zero emissions goal in the future,” concludes a hopeful Dr. Lee.

CLIMATE CHANGE

TATA MOTORS 2023 SUSTAINABILITY FACTSHEET

Sustainability@ Tata Motors

Tata Motors has adopted a holistic approach towards Net Zero. We are embedding sustainability into our business by focusing on the three interconnected pillars of driving decarbonisation of our businesses and value chain, applying a systemic circular economy approach to reduce resource consumption and waste, along with preserving and restoring our natural environment.

Our sustainability goals are aligned with the global climate change mitigation targets, and we follow universally accepted guidelines and commitments like the Science Based Targets Initiative (SBTi) and RE100 to reach these goals. The way we operate is reflective of our pioneering objective of enabling a greater number of individuals to access and utilise clean mobility solutions. Considerable investments have been made in renewable energy sources, innovations in emissions reduction technologies, sustainable materials and circular processes. Link to our Annual Report for FY23

DRIVING NET ZERO

• Aims to achieve net zero targets for our PV business by 2040 and CV business by 2045

• Committed to a comprehensive decarbonisation strategy based on Science Based Targets (SBTi)

• Developed a roadmap for transitioning to 100% renewable electricity, across our operations by the end of the decade.

• Through its Energy Conservation ('ENCON') projects, the company contributed to energy savings of 34.42 lakh kWh electricity and 23,098 GJ of fuel, resulting into avoided emission of 5220 tCO2e and cost savings of `4.89 crores to the Company.

• The Company generates renewable energy (RE) in-house through solar PV (photovoltaic) installations, off-site captive wind farms and through procurement of off-site wind and solar power through “Power Purchase Agreements” ('PPA’s'). In FY23, 25.9% of total Electricity used was sourced from renewables.

• Robust product strategy has been adopted for transitioning to a greener portfolio. Our product plans involve a whole spectrum of clean alternatives–across Battery Electric Vehicles, Hydrogen Fuel Cell Vehicles and Hydrogen ICE Vehicles.

PIONEERING A CIRCULAR ECONOMY

• In advanced stages of creating a Tata Motors framework to cover all aspects of circularity across the company including materials, water and waste.

• Demonstrated its holistic commitment towards sustainable mobility with the launch of “Re.Wi.Re – Recycle with Respect” to facilitate the safe recycling of End-of-life Vehicles (ELV). There are two active RVSFs in Jaipur and Bhubaneshwar, with a combined capacity to disassemble 25,000 end-of-life vehicles safely and sustainably each year

• Operational circularity: Zero Waste to Landfill by 2030:

In FY23, the Company sustained its efforts across Plants to divert hazardous waste from landfill / incineration and derive value from the same. Several Plants divert hazardous wastes for energy recovery through co-processing at cement plants.

Water Neutral by 2030 and Water Positive by 2040:

In FY23, the Company conserved a total of 8,09,036.3 lakh m3 of water through recycling effluent and rainwater harvesting, which is 21% of total water consumption.

Two of our Plants achieved Water Neutral certification in FY23 and remaining Plants are working towards achieving the same.

Product circularity: With the launch of TML Smart City Mobility Solutions Limited (TSCMSL), Tata Motors intends to bring specific focus to its EV segment as a service offering across its CV portfolio. A diverse portfolio of commercial vehicles are being offered under a supply, operate and maintain model. So far the e-bus fleets has clocked 70 million cumulative miles. MoUs with Delhi Transport Corporation and Bengaluru Metropolitan Transport Corporation for the deployment of 1,500 and 921 buses, respectively, have been signed.

PRESERVING NATURE AND BIODIVERSITY:

• Aligned to Global Biodiversity Framework

• Driven by scientific principles, to map and set targets across our value chain

• Taking up flagship projects for Nature-based-Solutions

• Currently conducting extensive biodiversity baseline studies at our plant sites to enhance our efforts in biodiversity and nature conservation.

• Wetlands developed at our Operations for optimal resource management and habitat creation

AWARDS / RECOGNITION RECEIVED:

1. Jamshedpur Plant won the top position in Energy Intensive Group at the 15th CII ENCON Awards 2022, organised by CII Eastern Region.

2. Pune Plant won 23rd “CII - National Award for Excellence in Energy Management-2022

3. Tata Motors was awarded a 'Low Risk' ESG Risk Rating from Sustainalytics with a score of 17.1, the fourth lowest rating out of over 75 companies in the Automotive SubIndustry

4. Tata Motors won the Occupational Health and Safety Gold category award at the OHSSAI 7th Annual HSE Excellence & Sustainability convention by OHSSAI Foundation

5. Manufacturing facility in Lucknow has been certified as "Water Positive" & facility in Pantnagar has been certified "Water Neutral" by CII-GBC in FY23.

AMPIN ENERGY TRANSITION TO

POWER VARROC WITH 33.1 MW SOLAR ENERGY IN MAHARASHTRA

This collaboration will channel a massive 33.1 MWp of solar power to Varroc’s manufacturing plants situated in Maharashtra, marking a significant stride toward a greener and more sustainable future. Positioned as the unrivalled leader in Maharashtra’s renewable energy landscape, AmpIn holds a formidable 112MWp of solar portfolio, having successfully commissioned multiple backto-back solar open-access projects in the state. Leveraging its state-of-the-art Solar Park in Parbhani, Maharashtra which boasts a capacity of 105 MWp, AmpIn has designated Varroc as its anchor client, a testimony to their synergistic vision and shared commitment to environmental conservation. This partnership embodies a watershed moment for Varroc’s renewable energy journey with AmpIn and will cater to an impressive 65%-75% of Varroc’s total power requirement in 7 (seven) of its manufacturing plants in Maharashtra through solar power, thereby substantially reducing its carbon footprint. This initiative stands tall as a beacon of sustainable industrial practices, pledging to cut down CO2 emissions by a staggering 43,296 tonnes annually, a monumental step in combatting climate change and fostering a healthier planet for future generations.

AmpIn’s commitment to fostering a culture of sustainability and environmental responsibility aligns perfectly with our vision & together we are shifting gears towards a cleaner, greener, and more sustainable future.,” Mr Tarang Jain, MD, Varroc. “Through this alliance, we envisage a significant reduction in our carbon footprint, affirming our role as an auto industry leader invested in sustainable and progressive business practices.”

Mr. Pinaki Bhattacharyya, CEO and MD of AmpIn Energy Transition, stated, “The transition to renewable energy is not just a business imperative but a commitment to our planet, and through our partnership with Varroc, we are not only forging ahead in the renewable energy landscape but also fostering a culture of responsibility and sustainability. We are happy to collaborate with Varroc on their energy transition journey,”.

Mr. Pinaki Bhattacharyya, CEO and MD of AmpIn Energy Transition, stated, “The transition to renewable energy is not just a business imperative but a commitment to our planet, and through our partnership with Varroc, we are not AmpIn Energy Transition is the only renewable energy developer in Maharashtra operating multiple solar open access projects and is actively involved to invest new capital to develop more renewable projects and provide RE transition options to C&I consumers in the state. only forging ahead in the renewable energy landscape but also fostering a culture of responsibility and sustainability. We are happy to collaborate with Varroc on their energy transition journey,”.

AmpIn Energy Transition, a leading energy transition platform and India's first truly balanced Renewable Energy Independent Power Producer (IPP) has forged a ground-breaking partnership with Varroc, the global powerhouse in the automobile component sphere.

JOLYWOOD, STEP INTO INTELLIGENT PRODUCTION OF PV CELL AND MODULE

With the rapidly development of artificial intelligence, PV production is on an important moments which transfer from traditional production to intelligence innovation. In recent years, Jolywood has taken the lead in laying out the R&D and production capacity planning of N-type TOPCon cell and module, operated the cell intelligent factory in Jiangyan District, Taizhou City, China. Jolywood is the first manufacture within the industry to achieve mass production of N-type TOPCon cell , and explore the application of intelligence, automation and IT . In addition, Jolywood also put efforts on developing intelligent change and digital transformation for future new product introduction.

Jolywood factory combines AI with fully automated production equipment, and integrates advanced 5G fully intelligent AGV material, product transmission system and full digital information MES management system. The factory uses digital equipment to achieve the intelligence, and interconnects machines through the accurate inspection of production processes, such as manufacturing, safety management, environmental monitoring to production data recording. It builds an example for the rapid development from "manufacturing" to "intelligent" in the manufacturing field of PV industry, and launch high-end technology. Nowadays, energy transition has become a popular trend in the world. As a renewable and clean energy source, the demand for PV energy is growing rapidly. Jolywood is putting efforts on: achieving safe manufacturing environment and manufacturing process control, ensuring the stability of the production process, and producing high quality PV products.

Jolywood production line adopts self-developed J-TOPCon 2.0 technology, based on no winding, in-situ doping and other technologies, which makes the cell efficiency continuously increase. The highest efficiency of mass production can reach 24.8%. While Jolywood focus on production capacity and technology, it also works the stability of the production process. Jolywood is redefining the concept of production, R&D and management, paying attention to customer experience, management and technological innovation, promoting the application of intelligent factory and digital workshop. The purpose is to deliver high quality products to customers, reduce the cost of product management and show the technology strength of Jolywood. Jolywood will continue to optimize the manufacturing process and production technology, strengthen innovation, enhance industrial leadership, create high quality, high efficiency products and high standard requirements, and bring great value to customers; Morover, Jolywood is on the way to build an intelligent production innovation ecology at multiple levels, and empower intelligence and value for PV industry.

REVOLUTIONIZING SOLAR ENERGY: PURSHOTAM PROFILES

PVT LTD - A LEADER IN SOLAR MODULE MOUNTING STRUCTURES

We are thrilled to introduce "Purshotam Profiles Pvt. Ltd." as India's foremost manufacturer of Module Mounting Structures, and it is all thanks to your unwavering support. Our manufacturing facilities are state-of-the-art, boasting high-speed, fully automated roll-forming lines online and offline.

With a proud legacy and an outstanding track record of de-

ects. We are already recognized as a trusted vendor by numerous reputable Solar EPC Players/Developers for supplying Solar Module Mounting Structures, Tracker Structures, cable trays, walkways, and we are eager to become your preferred supplier for these products as well. We take pride in our network of nine manufacturing units located across India, all equipped with high-speed, fully automated roll-forming lines. Our dedicated focus is on the development and manufacture of cutting-edge solar products, and we are backed by a robust design and development team.

Customer satisfaction, loyalty, and retention are at the core of our values at Purshotam. We believe that organizations thrive when they prioritize their customers' needs and desires. This emphasis on customer satisfaction has led to enduring customer relationships and repeat business. Today, we proudly declare that we have a substantial number of loyal repeat customers, a testament to our commitment to excellence.

SAVE MONEY WITH LED SUN SIMULATORS – LED VS. XENON

A sun simulator is the most important measurement device in the solar industry. It measures the electrical characteristics of solar cells or solar modules at the end of the production process. The sun simulator creates a powerful light flash, simulating the sun, providing the information how much power a cell or module will produce during later outdoor usage. The measured power will also have an effect on how well a photovoltaic (PV) module sells.

For a long time, the most common light source for a sun simulator, were Xenon flash tubes. They have a spectrum closely matching the sun light, providing the means to measure the power output of a PV module without exposing it to the real sun light. For some years now, the LED technology offers a real alternative. And more than that, it will be the logical next step for PV production equipment. LEDs already are available in many different colors and the continuous and fast improvements in technology makes even a broad range of wavelengths affordable. This offers further possibilities for LED based sun simulators. With a combination of different LEDs, it has been possible for years to create a spectrum close to the suns, even exceeding the possibilities of Xenon flash tubes. Many more advantages like longer lifetime, lower cost of ownership and excellent stability over the time add on to the benefits of a LED sun simulator.

But still, there seem to be a lot of questions and discussions about the topic: Can we really exchange Xenon with LED? Is the measurement as accurate? What are the benefits of using LEDs? Is it really less expensive? Taking the data of one example inline A+A+A+ LED sun simulator this article will give answers and data to show that LED is indeed the better choice, already today.

What are your benefits when using an LED sun simulator?

• A longer flash pulse and significantly more repeatable light output

Long stable pulses allow measuring all types of solar modules, including cells with capacitive effects, e.g. PERC, heterojunction, TOPCon or even perovskite.

• An unbeatable lifetime and spectral stability

More than 10 years without light source exchange saves significant money and time. It additionally it provides a higher measurement accuracy.

• A faster return of investment

Save money on flash tubes, maintenance downtimes and measurement inaccuracies.

• And an as good spectral performance

Spectral coverage, match and deviation are as good as Xenon allowing very accurate measurements but with less inaccuracy over time.

THE SPECTRAL PERFORMANCE

Much discussion in this area centers around the spectrum of an LED sun simulator and how well it compares to the Xenon spectrum. The spectral performance, such as the spectral match, the spatial non-uniformity and the temporal instability are the key for a high-quality sun simulator. The IEC 60904-9 Ed. 3 defines how and under which conditions a solar cell or module has to be measured, providing limits for quality classes. The quality classes A+, A, B, C are based on how well the spectrum of the sun simulator matches the afore mentioned three criteria of spectral match, spatial non-uniformity and temporal instability. The IEC standard refers to the 1.5 AM sun spectrum. The 1.5 AM (AM = air mass) describes the resulting spectrum after the sun light has passed through earth atmosphere at an angle of 48.2° with respect to the zenith. The closer the spectrum matches the 1.5 AM spectrum the more accurately the device can measure how much power a solar cell / module will produce in real sun light.

SPECTRAL MATCH

The spectral match describes how well the irradiance output over 6 different wavelength bands matches the one from the sun light. It will be given as percentage of the total irradiance. As LEDs emit light only in a narrow wavelength band (single color) rather than a wide spectrum, the spectrum has to be built out of several different LED types to create a matching 1.5 AM spectrum. The MBJ LED panel with a variety of LED types provides such a light source. The spectrum starts in the UV range around 300 nm, covering the full visible spectrum and moving into the infrared region up to 1200 nm.

And most of these wavelengths are absorbed and converted into electricity in a solar cell or solar module. Mixing different LED colors allows the unique possibility to influence the spectral match of the LED light source. It allows to electronically control individual LED channels. The individual control also helps keeping the inhomogeneity over the full flash area at a very low percentage. Using LED panels additionally has the huge advantage that the size of the measurement area can be scaled easily. The individual LED panels can be arranged next to each other to create really large uniform flash areas or to form custom flash areas. When using Xenon bulbs, one or more light tubes are used to illuminated the flash area, more than one bulb especially for large area sun simulators. The spectrum is given by the Xenon flash tubes and can only be modified by applying filters, reflectors and shading elements. Worst case: groups of 4 - 6 Xenon flash tubes need to be adjusted to each other without the fine adjustment handle given by an electronic, channel-based LED array.

HOW CLOSE DOES AN LED SPECTRUM MATCHES THE 1.5 AM SPECTRUM REQUIRED BY THE IEC STANDARD?

The IEC standard requires for an A+ class sun simulator a spectral match of 0.875 – 1.125. In Figure 1 the spectral match of an inline MBJ LED Sun Simulator with 22 LED types is shown. The spectral match is significantly above the requirement with a range of 0.97 – 1.02. For comparison: a perfectly adjusted laboratory Xenon sun simulator reaches the range of 0.95 – 1.05.

Another good indicator for the quality of the LED spectrum are the spectral coverage and the spectral deviation.

TECHNOLOGY

SPECTRAL COVERAGE SPECTRAL DEVIATION

The spectral coverage describes how many of the different wavelengths, from the ultra violet region up to the infrared region, are actually used in the simulator, again compared to the 1.5 AM sun spectrum. For the inline LED sun simulator in this example the spectral coverage is larger than 98 %.

The spectral deviation describes how much the irradiation for each wavelength in the observed range deviates from the 1.5 AM sun spectrum, counting over shoots as well as levels below the target. For the LED sun simulator in this example, it is below 24%. In comparison to a Xenon based sun simulator this is as good as any Xenon production simulator and very close to a Xenon laboratory version, see Figure 2.

On a side note, the spectral values for the LED sun simulator in Figure 1 and Figure 2 are verified independently by TÜV Rheinland

SPATIAL NON-UNIFORMITY

The spatial non-uniformity over the measurement area is also a key to accurate measurements. IEC standard demands evaluation of equally distant positions over the active measurement area. It also defines the overall result to be achieved for the above mentioned quality classes A+ to C. For an A+ class sun simulator the spatial non-uniformity has to be below ± 1 %.

See Figure 3 for a typical non-uniformity matrix of the example LED inline sun simulator. The temperature drift during the measurement has not exceed a corridor of +/-1°C and the measurements were taken with a nominal irradiance of 1000 W/m² and a flash duration of 200ms.

The typical non-uniformity reached for this type of LED sun simulator is < 0.6%. And the great thing is: due to the scalability and the possibility to adjust individual color channels it is also possible to reach this result for any larger light area.

Compared to a Xenon sun simulator the non-uniformity of an LED sun simulator is as good as a Xenon laboratory simulator and often up to 50 % better as an inline Xenon production sun simulator, and even more so when the Xenon light tubes come to the end of their lifetime, see Figure 2. It is well known that the spectrum of a Xenon light tube changes throughout its lifetime.

With the above data one can say that the LED spectrum is as good as the spectrum given by a Xenon light tube. Having the spectral part covered let’s see where LED really performs much better than Xenon.

Comparison of the key quality indicators for sun simulators

Typical LED sun simulator non-uniformity map

A BETTER LONG-TERM TEMPORAL INSTABILITY

The long-term temporal instability (LTI) tells how well the irradiance stays in range over a given time period. Using LEDs, it is possible to create long stable pulses, in extreme up to a steady state illumination. To claim a class A+ for the LTI the IEC standard requires less variation in the pulse than ± 1 % over the full flash duration. In our example of an inline module LED sun simulator the flash pulse is 200 ms long, with the IVcurve being measured in a time window from 10 ms to 190 ms. The irradiance is measured by a build-in monitor cell.

The maximum deviation is less than 0.1 % during the IV sweep, see Figure 4. That is 10x times better than required by the IEC standard! The red marked limit irradiance of ± 1.0 % marks the class A+ limit.

The stable part of a Xenon light pulse is mostly less than 50 ms long and shows an instability of just under ±1 %. One can safely say that LEDs have a big advantage here and even more so with regards to the newer solar cell and module technologies with capacitive effects.

A BETTER LONG-TERM TEMPORAL INSTABILITY

The long-term temporal instability (LTI) tells how well the irradiance stays in range over a given time period. Using LEDs, it is possible to create long stable pulses, in extreme up to a steady state illumination. To claim a class A+ for the LTI the IEC standard requires less variation in the pulse than ± 1 % over the full flash duration. In our example of an inline module LED sun simulator the flash pulse is 200 ms long, with the IVcurve being measured in a time window from 10 ms to 190 ms. The irradiance is measured by a build-in monitor cell.

The maximum deviation is less than 0.1 % during the IV sweep, see Figure 4. That is 10x times better than required by the IEC standard! The red marked limit irradiance of ± 1.0 % marks the class A+ limit.

The stable part of a Xenon light pulse is mostly less than 50 ms long and shows an instability of just under ±1 %. One can safely say that LEDs have a big advantage here and even more so with regards to the newer solar cell and module technologies with capacitive effects.

EXCELLENT LIFETIME

The longer a light sources life is, without significantly changing its intensity or spectral behavior, the better that is for the measurement system in a production environment. Less down time, less calibration time and less uncertainty in the measurement, directly leading to less operational cost over the lifetime of the production line. Let’s have a look at the lifetime of an LED. When LEDs are operated within the specification given by the manufacturer (electrically and temperature wise) in a steady light mode, the average lifetime of a good quality LED is up to 50,000 hours. The example LED sun simulator in this article measures 3 solar modules in one minute, 180 modules in one hour, 4320 in a day and 1,576,800 in one year. The flash duration for one measurement is 200 ms, the LEDs are driven well within the manufacture’s specification.

The effective light ON time of the LEDs in this sun simulator calculates to 315,360 sec or 87,6 hours in a year. That makes 876 hours in 10 years. 876 hours light ON is still very far away from the expected LED lifetime of 50,000 hours. When 876 hours correspond to 10 years of operation in production it means that with an LED sun simulator, the light source never needs to be replaced under normal circumstances. A Xenon light tube has a recommended manufacturer lifetime of ~100.000 flashes. When measuring 3 solar modules in a minute the lifetime is reached in only 23 Days, the Xenon tube should be replaced. Even when stretching the lifetime to 300.000 flashes (although knowing that the Xenon spectrum degrades over the lifetime) a replacement is due after 69 days. This is a major advantage of an LED light source! Let’s add some data for the spectral stability of the LEDs lifetime in our example LED sun simulator.

Long-term temporal instability of an MBJ LED Sun Simulator flash pulse

TECHNOLOGY

ACCELERATED LIFETIME TEST OF LED LIGHT SOURCE

As mentioned it is not only the lifetime but also the spectral behavior over the lifetime that makes LEDs so perfect for a sun simulator. The IEC 60904-9 Ed.3 requires a spectral match of 0.875 to 1.125 for an A+ classification of a sun simulator.

To proof the lifetime expectation as well as the effect on the spectral match of the used LEDs, one LED light source of the mentioned inline sun simulator is currently undergoing an accelerated lifetime test.

While the test is still ongoing, the counter shows 12 Mio flashes with a cycle time of 2.7 s, a flash duration of 195 ms and no adjustments to any settings (intensity, spectral shift).

See Figure 5 for the results after 12 million flashes, corresponding to 7,6 years of continuous operation in module production: the spectral match in all wavelengths bands is very stable and still very well within class A+ requirements of 0.875 (blue line) to 1.125 (red line).

In comparison, as already mentioned above, the Xenon lamps lifetime is a lot shorter. It is 100,000 flashes, or 23 days. Following this recommendation, the spectrum is expected to be still close to the 1.5 AM sun spectrum. But when stretching it to 300.000 flashes bevor an exchange, e.g. to save money, the spectrum might well be out of the IEC standard requirement for A+ or might even drop to lower than A. This will lead to measurement uncertainties. In the long run this will cost money as modules might be sorted into lower Wpeak classes as they should have been.

LED sun simulator after 12 Mio. Flashes: excellent spectral stability over all wavelengths bands

A FASTER RETURN OF INVESTMENT

When looking at annual cost and the initial investment (CAPEX) it becomes clear that an investment into an LED sun simulator is a money saver.

A Xenon light tube should be exchanged after 100.000 flashes, here we calculate with 300.00 flashes. A Xenon sun simulator use 1, 2, 4 or more Xenon light tubes. When keeping in mind that modules have become larger in size lately we calculate with 4 Xenon light tubes in a typical sun simulator.

300.000 flashes sum up to a max of 69 days of operation. That makes 4 x 6 light bulbs in a year and 240 Xenon bulbs over 10 years. Each light tube costs ~600 USD, in 10 years you have to spend 144,000 USD.

In comparison, there is no need to exchange an LED light source in an LED sun simulator. You will have 0 USD expense for new light sources within 10 years. It will keep its spectral performance over the full time. The degradation of the spectrum is so minor that it is still well within A+ class after years of operation and is expected to stay like that more than 10 years.

As it is known that the spectrum of a Xenon light tube changes toward the end of its lifetime, the often discussed advantage of a better spectrum becomes an disadvantage. And even more so when following the recommended light tube exchange after 100,000 flashes to keep a good spectrum: After 10 years you will have payed 384,000 USD on light tubes alone. With an operation time of 23 days this adds up to 64 tubes a year and 640 tubes over 10 years.

The initial investment for an LED sun simulator could be 100,000 USD more compared to a Xenon sun simulator. But even with the higher initial cost of an LED sun simulator, the regular maintenance cost for calibration and standard ware parts over 10 years, the return of investment will be reached in far less time as it will be with a Xenon sun simulator. Additionally, an LED sun simulator in module production uses less floor space in most cases.

SUMMARIZING THE BENEFITS OF AN LED SUN SIMULATOR

- Significantly longer lifetime, spectral stability and with that better repeatability over the light source lifetime. Less measurement uncertainties.

- Through the significantly longer lifetime, less maintenance hardware cost and maintenance down times. A faster return on investment.

- Spectral performance better than class A+ requirement given in IEC 60904-9 Ed. 3 and as good a XENON based laboratory flasher.

The data shown in this article is drawn from an MBJ Solutions GmbH LED inline sun simulator for module production with extended spectrum, using 22 different LED types. The LED light source and the spectrum has been measured and certified by TÜV Rheinland. Due to the scalability of the system our standard products go up to a measurement area of 1400 x 2750 mm, other setups can be provided on request. Find out more about MBJ Solutions LED Sun Simulator on our website.

SINENG ELECTRIC UNVEILS THE NEXT-GENERATION PV AND ENERGY STORAGE SOLUTIONS AT RE+ 2023

Sineng Electric, a global leading manufacturer of PV and energy storage inverters, revealed the next-generation product portfolio during RE+ 2023 expo. The displayed innovations have been meticulously designed, aligning with America’s ambitious objective to reduce the cost of solar energy by 60% within the coming decade.

LEADING THE GREEN REVOLUTION WITH UTILITY-SCALE PV SOLUTIONS

The 3.6/3.75MW central inverters soon took center stage upon its unveiling which ensure optimal LCOE with 2 MPPTs and a high DC/AC ratio. The product lineup extends to the 3.6/3.75MW MV turnkey stations, with a medium-voltage transformer integrated. Engineered for ultimate convenience, the compact 20-ft container size and pre-assembled design simplify both the delivery process and subsequent commissioning procedures. Exemplified by SP-350K-USH, the string PV inverter solution from Sineng Electric offers exceptional versatility across various scenarios. Equipped with 12 MPPTs, supporting up to 32 strings and a flexible DC/AC ratio, the product is tailormade to meet customers’ diverse needs while its CEC efficiency of 98.5%, further ensures the superior performance and higher yields.

UTILITY-SCALE ENERGY STORAGE SOLUTIONS TO OPTIMIZE LCOS

A standout of Sineng’s showcase is the 3.45/4MW MV turnkey station, compromised of two units of 1.725/2MW central PCS and a transformer. It is designed to be compatible with batteries above 306Ah. Featuring phase change heat

dissipation, NEMA type 3R protection rating and PCS efficiency of up to 98.9%, the 3.45/4MW MV turnkey station encapsulates an impeccable fusion of efficiency, reliability, and safety. The spotlight also falls upon the 2.4-4MW MV turnkey stations, an assembly of 200kW string PCS. The incorporation of rack-level battery management translates into enhanced charging and discharging capacity, while the modular design expedites on-site replacements, significantly augmenting system availability.

Mr. Qiang Wu, chairman of Sineng Electric, emphasized, "Through our wide range of offerings which cater to diverse needs, Sineng Electric strives to redefine industry boundaries, foster changes, and act as a driving force in the journey towards a more environmentally-conscious future."

BOOSTING PV PLANT PERFORMANCE: THE ROLE OF FULL-SCENE PV INTELLIGENT CLEANING ROBOTS

In India's ever-expanding PV industry, where 10 GW of PV plants are increased annually, a unique challenge looms large – soil loss. This challenge, driven by air pollution, results in a soiling loss rate in power plants as high as 17%-25%, well above the global average. To exacerbate matters, the scarcity of water resources has limited the traditional module cleaning method that involves water.

In this context, adoption of cuttingedge robotic cleaning solutions is the answer to this situation. Sunpure, with its innovative and highly effective cleaning technology, is leading the way towards a sustainable cleaning future.

INHERENT ADVANTAGES PAIRED WITH CUSTOMIZED SOLUTIONS FOR INDIA

Sunpure’s intelligent PV cleaning solution holds distinct advantages in India:

• It is a fully automatic intelligent cleaning solution to make sure waterless operation. For every 10 MW power plant cleaned three times per year, it consumes around 2,000 tons of water annually. However, the robotic cleaning solution requires no water and significantly enhances the water's sustainability.

• It is module friendly, and the cleaning brush can operate reliably whether in high or low temperatures, which is also anti-UV aging and can offer an effective solution to dust pollution;

• The SmartPure Cloud Platform, offers intelligent, convenient, efficient, and secure methods to remote monitoring and management;

• By significantly reducing operational costs, alleviating O&M pressures, and lowering the LCOE, it makes PV plants more profitable...

• A local technical team in MENA region provides a response service commitment within 24 hours.

As a newcomer in the Indian market, Sunpure has developed rapidly and established firm collaborations with leading companies such as AMP, CleanMax, and Sprng Energy, among others, making Sunpure an indispensable supplier of PV cleaning robots in this market. For the next step, Sunpure will continue to engage the Indian market, accelerate the localization process, understand local demands, shorten the service response time and provide more costeffective services to serve clients in India.

EXTREME FAST CHARGING BATTERY

TECHNOLOGY IS AS IMPORTANT AS INFRASTRUCTURE

ROLL-OUT TO ACHIEVE

MASS ADOPTION OF ELECTRIC VEHICLES, SAYS

STOREDOT

Adequate charging infrastructure is often seen as the main catalyst to mass EV adoption, nonetheless StoreDot says new battery technology is as critical

Extreme Fast Charging (XFC) and charging infrastructure are now equally important and when combined will unlock mass adoption of EVs

StoreDot welcomes industry players investing in and deploying 350kW plus chargers as they enable the full benefits of XFC technologies and EV adoption

However, advances in charging infrastructure must be paired with adoption of XFC technology to reach the adoption tipping point

StoreDot continues to foster a growing network of strategic partnerships with leading OEMs and manufacturing partners around the world

StoreDot remains on target for industrialization of ‘100in5’ cells delivering at least 100 miles, or 160 km of range for each 5 minutes of charging

With most drivers still naming charging anxiety as the major decision factor in transitioning from petrol to electric, infrastructure rollout is often seen as the main catalyst to mass EV adoption. However, StoreDot believes that the equilibrium has now shifted. With the recent deployment of high-power chargers, the need for XFC battery technology in EVs on the road has increased. These two components – battery technology and high-power charging infrastructure – are now intertwined, forming a synergy that can unlock the mass adoption of EVs. StoreDot is now shipping samples of its 100in5 silicon batteries capable of delivering 100 miles, or 160 km of charge in just five minutes. With global OEM partners testing and validating its technology, mass production readiness is now on track and the company anticipates widespread uptake of its battery cells starting in 2025.

“Deployment of infrastructure must be paired with innovation of XFC technology since most EV battery solutions on the market currently cannot accept high power charging rates. With long lead times required to introduce new vehicles, we are urging global automotive manufacturers to adopt XFC battery technology that can safely accept the much-needed high power charging rates, to enable our industry to achieve the ambitious goal of zero-emission transport for a cleaner world. Our 100in5 battery cells are already being tested by 15 global OEMs and partners, and results show that the XFC revolution is within reach.”

StoreDot's commitment to innovation and collaboration is being demonstrated through its rapidly growing global network of strategic partnerships with investors, leading OEMs, and battery manufacturers. Global automotive manufacturers Daimler, Volvo Cars, Polestar, VinFast, and Ola Electric are among the strategic investors of the company.

“Charging anxiety remains a key barrier to mass adoption of EVs. Nevertheless, the ability of the vehicle to charge fast is just as crucial to prospective EV users as the availability of high-power charge points. We welcome anyone investing in and deploying 350kW plus chargers as they enable XFC industrialization and in turn accelerate the adoption rate of EVs.

Recently StoreDot reported outstanding battery performance feedback for the A-Samples testing phase of its XFC electric vehicle battery cells. The comprehensive testing programs took place earlier this year by leading global automotive brand manufacturers from Europe, Asia, and the US, as well as several of StoreDot’s strategic ecosystem partners

Dr. Doron Myersdorf, StoreDot CEO

StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles says that high-speed charging times are now just as crucial to the widespread adoption of electric vehicles, as the deployment of high power charging infrastructure.

LOMARLABS JOINS FORCES WITH BLUE DOT CHANGE TO COMBAT ONE OF THE MOST POWERFUL GREENHOUSE GASSES

IN THE ATMOSPHERE

lomarlabs: Lomar’s corporate venture lab accelerates the deployment of innovative maritime technologies to help solve the maritime industry’s biggest challenges

Blue Dot Change: Silicon Valley based climate tech start-up is utilizing equipment onboard vessels to accelerate the reduction of methane in the atmosphere

lomarlabs, Blue Dot Change and Lomar launch an effort to support the design and development of Blue Dot Change’s compact, iron-particle dispenser. The intervention aims to break down methane, which is at least 25x more harmful than Co2 for climate change.

Lomar’s newly launched corporate venture lab, lomarlabs, has announced its latest portfolio company and collaboration with Silicon Valley tech start-up Blue Dot Change. Together, they will work to develop, design, and test Blue Dot Change’s compact nature-based catalyst dispenser, which aims to accelerate the reduction of methane in the air. lomarlabs invests in and supports companies that share its conviction for technological innovation as the only way for maritime shipping to grow in harmony with the environment, while still maintaining its competitive edge. Spearheaded by Managing Director, Stylianos Papageorgiou, lomarlabs utilises Lomar’s diversified fleet of vessels as ‘floating labs’ in a real-time marine environment, helping them hit their technical milestones and optimise their business models.

Stylianos Papageorgiou underlines: “lomarlabs is advising on the engineering and design of this transformative solution, adapting it to the realities of everyday shipping operations and providing industry insight and expertise. We are focused on catalysing new, environmentally driven technologies and believe this nature-centered approach has the potential to introduce systematic, gradual change in the way we remove methane from the air. We are very excited to work with the Blue Dot Change team and to ultimately help commercialise its technology for our industry.”

Blue Dot Change Co-Founder & CEO, David Henkel-Wallace, says: “We are delighted to be working with lomarlabs and Lomar, whose industry expertise, insightful comprehension of our technology and its challenges, has undeniably propelled our development forward. lomarlabs extends far beyond merely providing us with an initial platform for our technology; the scope of its effort surpasses our wildest imagination. Together, we look forward to making a substantial impact on shipping’s net zero objectives while also providing a significant contribution to global climate repair.”

Advisor of Blue Dot Change, Capt. Steve Bomgardner, highlights: “With the conclusion of MEPC80, as well as the updated 2023 GHG strategy, this collaboration further demonstrates how forward-thinking companies like Lomar focus on the ‘bigger picture’ of the industry’s greatest challenges. We have to precipitate action and invest in new technologies that can reduce harmful gasses in our atmosphere, so that we may leave this Earth in a better place for our future generations.”

HOW DOES IT WORK?

Blue Dot Change’s simple, cost-efficient dispenser aims to accelerate the pace of nature’s existing methane removal process from the air by releasing iron-rich particles that contain chloride into the air, which is then converted into vapor. Sunlight then irradiates these particles, producing chlorine radicals. These, in turn, can drive reactions that convert methane into two water and one carbon dioxide molecule in the atmosphere. Ships are an ideal testing ground for this unproven and potentially transformational technology, as they already operate in an ideal environment for breaking down methane. The catalyst is independent of the ship’s emissions, whatever they may be, and will only be emitted when the meteorological conditions are optimal for it to work efficiently. Blue Dot Change’s innovative technology aims to alleviate the shipping industry’s methane footprint as there are no geological barriers to the wind blowing in an oceanic environment. With ample access to wind, the catalyst

permeating the atmosphere will increase the ability to naturally speed up the methane removal process. If enough commercial ships were to adopt this technology the tech innovator hopes to cut rising temperatures by a third through methane removal from oceanic air.

lomarlabs and Blue Dot Change will be collaborating on the design and development of this prototype system, combining Lomar’s maritime know-how with the technical skill-set that the Blue Dot Change team delivers. In addition, they will be orchestrating additional pilots to responsibly test the mechanical deployment of their dissipation system, as well as a weather station aboard one of Lomar’s vessels to collect useful data to enrich the model. Preparations to install and deploy the first fully operational system on a Lomar vessel will take place sometime in late 2024 or early 2025. Methane reduction as an approach is still in very early stage development and one where there are more questions than answers.

Lomar CEO Nicholas Georgiou adds: “Lomar is committed to exploring technologies that will unlock maritime innovation and propel both our company and our industry towards a sustainable, greener future. We are very proud to support lomarlabs and Blue Dot Change’s collaborative efforts in the pursuit of safer, cleaner oceans and will do whatever we can to aid this cutting-edge technology solution into a market that is ever-changing and evolving.”

PAKISTAN TEXTILE INDUSTRY GIANT PARTNERS WITH HUASUN ENERGY FOR 20 MW SOLAR PROJECT USING HIGH-EFFICIENCY HJT MODULES

Tayyab Group of Industries (TGOIs) signed a Memorandum of Understanding (MOU) with Anhui Huasun Energy Co., Ltd (Huasun) and the EPC contractor Enervetic Technologies Pvt Ltd. of E-Group of Companies for its 20MWp solar power plant on September 16th at its head office in Faisalabad, Punjab Pakistan. Mr. Mian Tariq, Director/Owner of TGOIs, Mr. Rana Farhan, Director Pakistan & Middle East of Huasun Energy, Mr. Engr. Ehsan Ali, CEO of Enervetic Technologies and other team members attended this event.

As a well reputed group in Pakistan, TGOIs is running three textile industries in Faisalabad, four sugar mills and one steel mill in Rahim Yar Khan region. Operating in distinct sectors, TGOIs remains united by a common vision - a commitment to excellence, sustainability, and innovation. With a dynamic team of professionals and a relentless pursuit of growth, TGOIs continues to break new ground and redefine industry standards.

MIAN MUHAMMAD TAYYAB (Chairman & CEO Tayyab Group of Industries) expressed his thoughts at the signing ceremony, “I am honored and excited to share with you a significant milestone in our journey towards a more sustainable and environmentally conscious future. At TGOIs, we have always believed in the power of innovation and the responsibility that comes with it.

Today, I am proud to announce that TGOIs is taking a giant leap forward by partnering with Huasun Energy, the world leading Highly Efficient N-TYPE HJT Solar PV Manufacturer and Large-Scale Solar EPC Expert Enervetic Technologies for our 20-MWp Solar ON- Grid Industrial Power Plant. Through the signing of this MOU,

we are embarking on a transformative journey to harness the power of the sun to meet a significant portion of our energy needs. Our solar projects will not only reduce our reliance on conventional energy sources but also contribute to a greener and more sustainable future. This initiative aligns perfectly with our long-standing commitment to environmental responsibility and corporate citizenship. This milestone would not have been possible without the dedication and hard work of our team, our partners, and the unwavering support of our stakeholders. We are grateful for the trust you have placed in us, and we are committed to delivering on our promise of a sustainable future. Lastly, I want to emphasize that this MOU signing is just the beginning of an exciting journey. We are determined to lead by example and set new standards for sustainability in our industries. Together, we will create a brighter, cleaner, and more prosperous future for generations to come.

Thank you, Huasun Energy and E-Group, for offering such highly efficient N-TYPE HJT Technology to Tayyab Group, and to Pakistan.”

EHSAN ALI (Founder & CEO EGROUP- EPC) says, we E- Group is proud to join hands with Huasun Energy who is a leading Tier-1 company in cutting-edge N-TYPE HJT technology. for deployment of highly efficient modules in Pakistan. We have always been committed to pushing the boundaries of innovation, and our latest achievement is no exception. Thanks to Huasun Energy to produce a unique design, N-TYPE HJT technology which is exceptionally durable. It is less prone to degradation over time, ensuring your solar panels continue to perform optimally for decades. This longevity not only reduces maintenance costs but also contributes to a more sustainable energy landscape. N-TYPE HJT panels also offer a sleek and aesthetically pleasing design. The minimalist appearance of the modules makes them an excellent choice for residential and commercial installations where aesthetics matter.

E-Group is turnkey solution provider of Solar PV Projects all over Pakistan. we deliver safe & stable products & solutions by taking a leading role throughout the entirety of the projects in which it participates. E-Group also provides consultancy services for large scale IPPs in collaboration with our international partners/Consultants for carrying out all activities from LOI (Letter of Intent) stage up till the Plant Operation & Maintenance stage.

RANA FARHAN (Director-Pak & Middle East- HUASUN) expressed closing remarks, “we are excited to join hands with Tayyab Group and E group for the development of 20MWp industrial projects. Our partnership for Industrial Mega Scale Projects in Pakistan is a testament to our unwavering dedication to providing our customers with the best solar solutions. Pakistan is very rich and potential region for renewable energy sources, for our pursuit of a sustainable future, renewable energy sources have become the beacon of hope.

As we continue our journey towards a greener future, Huasun Energy invites the industry to join us in embracing the power of N-TYPE HJT technology. We see a future where clean and abundant energy powers our world, where sustainability is at the core of everything we do. As a champion of sustainability, Huasun Energy is proud to emphasize that N-TYPE HJT technology aligns perfectly with our commitment to reducing our carbon footprint with higher efficiency and longer lifespan, these panels contribute to a lower environmental impact throughout their lifecycle.”

NO LUXURY EMISSIONS ON A DEAD PLANET: ACTIVISTS

DISRUPT JRA HELIPORT AIRPORT IN NEW YORK CITY TO SAY “END FOSSIL FUELS NOW”

At, September 13th, activists from Extinction Rebellion disrupted private helicopter takeoffs at JRA West 30th Street Heliport Airport, disrupting flights the same way severe storms would. Protestors warned that there are “no luxury emissions on a dead planet”, and demanded an end to fossil fuels. The group, with baby strollers and soft toys, blocked the main entrance using lock-ons, and held banners with the words “LUXURY EMISSIONS DESTROY FUTURES”. The main entrance was blocked for over an 90 minutes and 6 people were arrested.

This action follows a long history of nonviolent civil disobedience as a tool for societal change, such as sit-ins during the civil rights movement and traffic obstruction by women suffragettes. Today’s action and precursors, such as the shut down last November of private aviation at Schiphol Airport in Amsterdam, are a necessary response to the refusal of governments to stop the burning of fossil fuels that are accelerating the global climate emergency. All conventional means of effecting change appropriate to the scale of the catastrophe – including voting, petitioning, lobbying, etc. – have failed and continue to fail. Yet the science makes clear that we have only a very small window of time in which to end fossil fuels and stop carbon emissions.

WHY “NO LUXURY EMISSIONS ON A DEAD PLANET”?

The climate and ecological crisis threatens everything on our planet, including carbon-intensive lifestyles, which includes helicopters, mega-SUVs, yachts, and mansions. Luxurious lifestyles result in unnecessary carbon emissions, at the expense of the planet and future generations. These actions showcase a new front against climate destruction: striking not just at pipelines and at mines, but at obscene, senseless consumption.

ELECTRIC HELICOPTERS WON’T SAVE US

Blade Air Mobility, Inc the company that operates many of the flights out of Manhattan heliports, has committed (in word only) to purchasing electric helicopters to replace their current fossil fuel powered fleet. However, much like many other solutions being proposed to today’s climate chaos, simply electrifying wasteful, unnecessary transportation will not avert the catastrophes we’re already seeing. We need a type of action far more severe than what is currently being discussed. This crisis is life-threatening, and it’s time we approach it as such. New York weather is rapidly approaching a point where helicopters won’t be able to safely fly -- electric or not.

DEMANDS

Recently, Professor Sir Bob Watson, a prominent British climate scientist and former head of the United Nations climate body, voiced his belief that the target to limit global warming to 1.5 degrees Celsius will be missed. Despite such alarming predictions, President Joe Biden has failed to live up to the climate pledges made during the 2020 election campaign. Even those failed promises, if kept, would be considered by many ineffective and weak: policies such as electrifying transportation, carbon capture, or expanded renewables do not adequately resolve the looming catastrophe. Yet the Biden administration’s actions are worse than failure: expanded fossil fuel oil and gas drilling, production and export. Projects such as the Willow Project and Alaska LNG, commonly referred to as “carbon bombs,” will trigger catastrophic climate breakdown to an extent no known climate technology can recover from. Carbon bombs and luxury carbon emissions cannot co-exist with a livable world.

Extinction Rebellion demands the government tell the truth by declaring a climate and ecological emergency, halt biodiversity loss and reduce greenhouse gas emissions to net zero by 2025. These demands reflect the urgency of the existential crisis that we’re facing. Extinction Rebellion recently disrupted the U.S. Open, making it clear to all in attendance that tennis is at risk should immediate action on climate not be taken. This protest is one of many actions carried out by various climate groups leading up to the "Biden: End Fossil Fuels" mass march scheduled to take place in New York City on September 17th.

Laura Robertson, an Extinction Rebellion activist, said: “Why are we doing this? Because nothing else has worked. There have been twenty-seven COP conferences. The ominous IPCC reports have fallen on deaf ears. Politicians continue to approve new fossil fuel infrastructure, locking in emissions for decades. There is no time left, ecologically, for the super rich to continue pumping out emissions. There is no time left for outsized carbon footprints.”

"Helicopters are a pestilence to New Yorkers and a rotten pinnacle of an economic system that places pleasure over planetary survival. We must stop them," added Charles Komanoff, bicycle activist and transportation analyst.

Emma Jacobs, an Extinction Rebellion spokesperson said “A livable future for our children is being jeopardized by luxury carbon emissions. The strollers and the toys symbolize what is at stake — the livelihoods of our children and our families. It’s contributing to the breakdown of food systems, to drought and famine, to 1 billion climate refugees by 2050. Is an extravagant lifestyle worth risking the loss of all life on Earth?”

Jack Baldwin, an Extinction Rebellion spokesperson said, “This is our last resort. Moderate action won’t do anymore. Two days ago, a powerful storm unleashed catastrophic floods in Derna, Libya, overwhelming dams and drowning more than 5,000 people. We are looking at complete upheaval of our vital life systems: food and water shortages, forced climate migration, and wars for vanishing natural resources. Yet private helicopters still fly. No more.”

SOFAR SPARKS GREAT INTEREST WITH PRIME PV & ESS SOLUTIONS AT RE+ 2023

Las Vegas, Sept 14, 2023 – SOFAR made its debut at RE+ with innovations tailored for utility and residential applications, indicating its intensified focus on North American solar and storage market.

Across all segments of RE industry, storage is expected to keep expanding rapidly. SOFAR introduces its flagship storage system PowerMaster, which harbors multiple revolutionary breakthroughs pioneering in the utility ESS sector, able to tackle pain-points through increasing power yields at a lower cost, with 3+2 safety system ensuring stable operation around the clock. Among all the highlights, the industry-leading hybrid cooling system reduces heat dissipation loss by about 30%. In addition, the modular design can expand single chamber storage capacity up to 3.93MWh, ideal for diverse needs of capacity expansion. Meanwhile, with microinverters being a popular alternative to common string inverters in North America, SOFAR PowerNano impresses the audience as a perfect match. As an all-in-one solution of microinverter, smart home hub and AC battery, PowerNano offers a wide scalability which allows homeowners flexibility in terms of storage needs. The combination forms an efficient solar + storage system to optimize energy self-consumption and can be further improved by up to 5% in yields with 182/210mm PV modules, realizing seamless power continuity during outages and grid interruptions.

Nick Wang, Head of SOFAR North America, sees this as a landmark step during the process of strategically establishing the company’s footprint in North America. “We’re accelerating the construction of a local service team to better serve the market. In the future, SOFAR will keep rolling out innovative solutions to make net-zero profitable for customers, advocating the clean transition and shaping a sustainable future in the continent,” he added.

RENEW ANNOUNCES CLINTON GLOBAL INITIATIVE COMMITMENT TO BUSINESS-DRIVEN CLEAN ENERGY AND EDUCATION IN INDIA

ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India's leading decarbonization solutions company, has announced the launch of its Clinton Global Initiative (CGI) Commitment to Action by tackling two of the toughest barriers to the renewable energy transition— clean energy production and youth education. This news was shared at the CGI 2023 Meeting in New York.

As India transitions to renewable energy, it grapples with the issue of increasing base load capacity through use of renewable energy resources. Currently, the average wind or solar plant in India generates no more than 25-30 percent of its potential energy output annually. In response to this challenge, ReNew is setting up India’s first Round-The-Clock (RTC) project, capable of providing uninterrupted power to the energy grid. Energy storage solutions will be incorporated into the project, boosting the annual energy generation 80 percent. ReNew, through its philanthropic arm ReNew Foundation, will also engage with middle schoolage students in clean energy education and awareness through ReNew’s Young Climate Leaders Course. Because middle school is when many students begin to understand the science behind clean energy technologies. The initiative will focus on educating these students through a variety of efforts that empower and inspire them to lead a lifestyle for a positive environment.

The clean energy transition in India is underway and the country has made great progress in working toward its netzero targets,” said ReNew’s Co-founder and Chairperson Sustainability, Vaishali N Sinha. “This Commitment to Action highlights ReNew’s increased focus on driving climate action through investment in both the business and education of renewable energy. By investing in these areas, we will not only accelerate the country’s transition to clean energy but empower the next generation to create a sustainable lifestyle.”

ReNew will invest more than $1 billion into the RTC projects that are currently under construction in four locations across three states in India. These projects will be completed in 2024. As part of its commitment, ReNew will secure a supply of 400 Mw for household consumption as well as for Indian railways. Additionally, over the next two years, ReNew will roll out a phased approach to climate advocacy and education, modeled on core principles of Prime Minister Modi’s call for ‘LiFE’ (i.e. Lifestyle for Environment). This program will include a baseline assessment of current knowledge, executing climate-focused activities such as sanitation drives in villages, developing smart classrooms and digital labs, and instituting a third-party-based behavior change study. It will focus on 200 schools in select states in India with a potential impact of 10,000 students.

MULTI AWARD WINNER SOLIS CEMENTS ITS POSITION AS 3RD LARGEST GLOBAL INVERTER MANUFACTURER

Independent industry tracker ranks Solis as world number 3, by shipped MW, for second year running. Ginlong(Solis) Technologies (the company), one of the most experienced inverter producers in the world, has been ranked the world’s 3rd largest inverter manufacturer for the second consecutive year.

This latest success builds on a string of awards and accolades for Solis over the last 18 months. Only last week the company was presented the “top inverter brand 2023” seal for Belgium by respected global market research organisation, EUPD; having recently gained the same seal for the Netherlands and South Africa. This marks the eighth year running in which Solis has been recognised by EUPD, based 100,000 interviews across more than 50 countries. Reflecting on the company’s performance in 2022 and beyond, Sandy Woodward, Solis General Manager Europe and South Africa, said:

“I am delighted that Solis has been ranked so highly for another year, and that we have maintained our postion as the world’s third largest inverter manufacturer. I’m particularly proud of our progress during 2022 in the energy storage inverter segment, in which Solis achieved year-on year growth of more than 500 percent; accounting for 18 percent of our total operating revenue.

“This remarkable expansion can be attributed first and foremost to our dedicated team of more than 4500 people across all the major continents, but also to our high brand recognition, strong channel competitiveness and deep commitment to R&D.”

In 2022, the company's R&D expenditure increased significantly by 74 percent, reaching a total investment of USD 45 million. Solis currently boasts an annual production capacity of 40GW, which is scheduled to double to 80GW in July 2023.

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