Solarquarter Magazine February 2017

www.solarquarter.com

Volume 06. #2. February 2017

Smart Solar Technologies Special

INR 300

India Contact: Arjun Prasad Sah Mobile: +91- 88267 48995 E-mail: arjun@linuo.com

2

www.solarquarter.com

News at Glance State

National

Global

......................page 5

Industry Insights How Smart Solar Can Protect Our Vulnerable Power Grids......................................page 6 How Renewable Energy Is Taking A Page From Bitcoin............................................Page 8 World Smart Solar Market to Grow at 15.22% CAGR to 2020................................Page 10 Smart Modules: Preparing For The Next Generation Rooftop Solar Projects...........Page 12

Exclusive Interviews

Index Pg 14

Pg 22

Mr. Andrew Upton, Managing Director, Seaward Group

Mr. Sunay Shah, Director, Mahati Industries Pvt. Ltd.

Pg 22

Pg 20

Mr. Pradeep Srikanthan, Vice President – Solar Equipment Group, Redington (India) Limited

Mr. Ran Xu, Vice President, G-Solar

Industry Perspective REWA TENDER ANALYSIS Page 17,20

Pg 25

Mr. C Chaudhary, Head –Solar, Ostro Energy

Company Feature... Pg 24 Aureus Law Partners

3

Mr. Manoj Kumar Upadhyay, Founder & Chairman, ACME Group

Mr. Basant Jain, CEO, Mahindra Susten

Product Feature... Pg 18 ArctechSolar

Pg 7

Iplon India

Mr. Nitin Sharma, Vice President - Head Solar and Energy Storage Business Raychem RPG (P) Ltd.

Mr. C Chaudhary, Head –Solar, Ostro Energy

www.solarquarter.com

44

www.solarquarter.com

NEWS

State

National

Global

Lapp Group in association with India Honorary Consulate celebrates the 13th Anniversary of the vibrant ‘Stuttgart meets Mumbai’ Wine Festival

Tackling pollution, investing in renewables will help India's economy: UNEP chief Erik Solheim

Petron Group & PLG Clean Energy Announce Strategic Partnership to Fund $165 Million Into Solar Projects in South Asia

Lapp Group, headquartered at Stuttgart, the leading supplier of integrated solutions and branded cable and connection technology products, celebrated, the 13 thanniversary of ‘Stuttgart meets Mumbai’ Wine Festival at Taj Lands End Hotel, Mumbai on 27th and 28th of January 2017 in association with India Honorary Consulate.

Mr. Andreas Lapp, Honorary Consul of the Republic of India for Baden-Wuerttemberg and Rhineland Palatinate, Chairman of the Board Lapp Lapp Holding AG, inaugurated the Wine Festival along with Mr. W. Kretschmann, Minister-President of Baden-Wuerttemberg and Mr. Fritz Kuhn, Lord Mayor of Stuttgart Atha Group Commissions 10MW Solar PV plant in Karnataka Atha Group is happy to announce the commissioning of 10 MW Solar PV power plant near Chitradurga district of Karnataka on 11th February, 2017.

With fresh bids, Tamil Nadu inches to max solar power limit Tamil Nadu, with the country's highest installed solar power capacity, may soon be closer to making the most of its renewable energy potential. Tangedco officials on Friday told this correspondent that they received 22 bids for 300MW of solar power projects that private players plan to set up between 2017 and 2018.

The tenders, which the discom reissued on poor response and demonetiation-related problems, follows several promoters insisting on giving a part of the land price in cash.

UNEP Executive Director Erik Solheim said prices of solar and wind renewables have already plummeted in recent years, so the technology is now far more accessible than ever before.

Waaree has been assigned SP 1 A grading by ICRA India’s number one premium solar manufacturer and solutions provider, Waaree Energies Limited, has received the highest grading SP 1A for solar projects. This formally recognizes and affirms the highest performance capability and highest financial strength of Waaree Energies to undertake solar projects.

SunPower Starts Construction On 56-Megawatt Gala Solar Power Plant in Oregon

JinkoSolar overtakes Trina Solar as top solar PV module shipment provider in 2016 JinkoSolar Holding has overtaken Trina Solar in terms of solar PV module shipments in 2016, as the company had shipments of 6.6-6.7 GW of PV modules compared to Trina’s 6.3-6.55 GW, relegating it to second place, according to research and consulting firm Global Data.

The company, which estimates that the global solar PV market was valued at $39.7 billion in 2016, states that JinkoSolar’s efforts to expand across a large and geographically diverse customer base have allowed it to leverage its innovative, high-quality solar products, brand recognition and robust sales network to win several opportunities. Ankit Mathur, GlobalData’s Practice Head covering Power, explains: “JinkoSolar has witnessed impressive results over 2016, with the company’s PV modules securing China Quality Certification Center’s Top Runner Program level-one energy efficiency certification that showcases its technological strength.”

Connected more than 1000 MW in India and counting!

The project, which is expected to be the state's largest operating solar power plant when it is completed by the end of 2017, is anticipated to create approximately 300 jobs during peak construction.

"I've often said that in Oregon, we don't believe economic development and environmental stewardship are mutually exclusive ideas," said Oregon Governor Kate Brown. "The approximately 300 jobs expected to be created by the Gala Solar Power Plant are proof we can grow our rural communities and support a vibrant and innovative renewable energy industry."

Cable Connector

Elcom International Pvt. Ltd. is a reputed manufacturer of Electro-Mechnical & Electronics components in India since 1981. We are India’s first Indigenous manufacturer of Solar PV connectors and trusted for high quality products.

Salient features of Elcom Solar Products are: • TUV approved as per EN 50521-2008 standard • Degree of protection IP-68 • Lower contact resistance ≤0.35 mΩ • Pure grade copper terminals with silver plating • Engineering plastic, UV compliance and flame resistant • In-house test lab, wire harness process approved for UL/ULZPFW2

Harrisburg, PA, Petron Group LLP. ("Petron"), a leading private equity firm specializing in renewable energy, and ("PLG" or the "Company"), a South Asian developer, and owner of solar parks, today announced a new strategic partnership to fund solar projects in South Asia with a total capital commitment from Petron Group of 215 Million dollars. As part of this partnership, Petron will invest $165 million in the construction of approximately 170 megawatts AC of solar projects in South India.Petron has allocated an additional $50 million for secondary market opportunities in Nigeria and Cameroon, subject to due diligence and other necessary approvals.

Branch Connector

Module Junction Box

Wired Branch Connector

ELCOM INTERNATIONAL PVT. LTD. HQ : 20 Prabhadevi Ind. Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai 400 025, India.

Factory : Plot No. E-4, 5 Star MIDC Kagal Hatkanangale, Kolhapur, 416236 Maharashtra, India

For More Details Contact: Tel: +91 22 66114444 Email : elcom.mail@elcom-in.com Website: www.elcom-in.com 55

Winner of

"Solar Cable Connector Manufacturer of the Year" at India Solar Week - 2016, New Delhi.

www.solarquarter.com

INDUSTRY INSIGHT

How Smart Solar Can Protect Our Vulnerable Power Grids Some commentators seem to be worried that our electricity networks are facing an impending voltage crisis, citing fears that renewables (rooftop solar panels in particular) will threaten the quality of our power supply.

These concerns hinge on the fact that solar panels and other domestic generators can push up voltages, potentially making it harder for network companies to maintain stability across the grid. But what is less well understood (and far less reported) is the massive potential for local generation to actually improve the quality of our power, rather than hinder it.

A new report from Networks Renewed project aims to show how technologies such as “smart inverters” can help to manage voltage at the household scale, rather than at substations. This would improve the quality of our power and flip the potential problem of household renewables into a solution.

from the substation are the most susceptible to sagging (lower) voltage when large amounts of power are being used.

Voltage management has always been an issue for grid operators, particularly in rural locations where the power lines are longer. Low voltage on long power lines often means dim and flickering lights for residents at the end of the line.

On the flip side, overvoltages can damage sensitive electronic equipment – a bit like when the water pressure pops your garden hose off the tap.

These fluctuations can become a problem for power companies when the voltage goes outside the allowable range.

How does solar power affect voltage?

Our electricity networks were not originally built for lots of local generation sources like rooftop solar panels or small wind turbines.

Until recently, power has generally flowed only in one direction, from a large (usually

While some people might see this as an issue, sometimes the solution lies in the problem itself. In this case, new solar systems can offer a much more sophisticated way to manage grid voltage.

How can solar become the solution?

Traditionally, voltage management solutions are fairly blunt, affecting tens or even hundreds of properties at a time, despite the fact that conditions might be quite different at each property. The equipment used – replete with technical-sounding names such as “on-load tap changers” and “line-drop compensators” – is expensive and is often located within transformers at substations. All of this electrical engineering kit adds to the cost of energy for customers.

However, new solar and battery systems now have the intelligence to manage voltage in a cheaper and more targeted way, through their “smart” inverters. These new technologies may provide the missing link to new renewable and reliable energy sources.

This is how it works: residential solar, batteries and other generators are connected to the grid through inverters that now have embedded IoT (internet of things) communications technology.

These smart inverters allow the network to “talk” to the local generator and request support services, including through what’s called reactive power (see graphic below).

Reactive power can help to raise and lower the voltage on the network, improving the quality of our power including the voltage stability.

Why all the fuss about voltage?

coal-fired) power station to consumers.

Electricity from our power points should be at roughly 230 volts, without deviating too far above or below. It fluctuates throughout the day, depending on how much power is being used.

The growing number of household solar panels on the network have changed this landscape and now power flows both ways.

Solar panels can make managing the grid more complex, because the voltage rises where they are generating power.

Here’s an analogy: think of water flowing through pipes. The power lines are the pipes themselves, and the voltage is like the water pressure in the pipes – that is, the amount of force pushing the water (or electricity) along. Using large amounts of power causes the voltage to drop, rather like when the washing machine comes on while you’re having a shower; all of a sudden the pressure drops because other appliances are using the water too.

Pressure is also affected by how close the appliance is to the source. For instance, if your washing machine and shower were connected right at the foot of the dam, instead of at the end of several miles of pipes, you could have them both switched on and not notice a drop in pressure.

For an electrical distribution system, this means that the houses farthest away

6

How can solar become the solution?

Traditionally, voltage management solutions are fairly blunt, affecting tens or even hundreds of properties at a time, despite the fact that conditions might be quite different at each property. The equipment used – replete with technical-sounding names such as “on-load tap changers” and

“line-drop compensators” – is expensive and is often located within transformers at substations. All of this electrical engineering kit adds to the cost of energy for customers.

However, new solar and battery systems now have the intelligence to manage voltage in a cheaper and more targeted way, through their “smart” inverters. These new technologies may provide the missing link to new renewable and reliable energy sources.

This is how it works: residential solar, batteries and other generators are connected to the grid through inverters that now have embedded IoT (internet of things) communications technology. These smart inverters allow the network to “talk” to the local generator and request support services, including through what’s called reactive power (see graphic below).

Reactive power can help to raise and lower the voltage on the network, improving the quality of our power including the voltage stability. For more technical detail see our newly released report on the potential for smart inverters to help manage the grid.

All this is only possible if network businesses are open to new, proactive ways of operating - as demonstrated by our Networks Renewed project partners United Energy in Victoria and Essential Energy in New South Wales.

This means a shift in thinking from the traditional passive customer model – we deliver energy to you! – to a more dynamic and collaborative one in which customers can actually help to manage the grid as well as using and generating power.

Sure, transitioning an entire energy system is no mean feat, but it offers an opportunity to build a better, more resilient electricity system that includes more renewable energy.

If we are smart, we will not need to trade off our climate impact with the dependability of our electricity system. We just need to be open to the new ways of solving old problems.

Credits: The Institute of Sustainable Futures

A small voltage increase is not a problem when there is enough demand for electricity. But when nobody is home in the neighbourhood, the solar power might lift the voltage beyond the upper limit.

In this case, the circuit protectors in the generator will probably trip and the solar panels will be cut off, to protect the network. This also means that the household won’t have access to (or get paid for!) the solar power it is generating.

Any customer-owned generator can affect the voltage – including solar, batteries, or diesel generators. But we tend to hear about solar because it is by far the most popular means of local generation; Australia now has more than 1.5 million homes with rooftop solar, and that figure is rising rapidly.

www.solarquarter.com

IN CONVERSATION

"Our vision is to make green energy accessible to all" close to 360MW wind farms and are building another 300 MW as we speak. Solar portfolio has also grown to 200MW and we plan to increase the same to 1000MW in next 1 year.

We plan to bid very aggressively in all the upcoming bids.

As a developer, what key challenges do you face today?

Mr. C Chaudhary, Head –Solar, Ostro Energy

Let’s start with the recent developments at your organization in last one year Ostro Energy is has very strong financial backing, and counts Actis Capital (AUM : $7bn) as a key investor. Our vision is to make green energy accessible to all and the same was demonstrated in our recent support to Solenergi to win 250MW project in REWA at record price.

Last one year was primarily invested in building a strong team for Solar business, which can make the solar energy more competitive than traditional energy sources. Additionally, we have commissioned

7

The key challenges as FX Risk, payment security from state government, timely and clean land acquisitions, evacuation system and tedious permits and approvals.

Another key gap in India is lack of high quality international EPC contractors. Having installed solar across different continents, I strongly feel that quality of EPC contractors in India needs to improve significantly.

Which states do you believe will see maximum solar energy investments this year?

AP, MP and Rajasthan.

As the assets become older, will aggressive bidding today become a pain point for the industry a few years down the line?

This will be true for companies who are not

technology driven.

Initially solar was driven by Capex optimisation and land availability, but with many global investors such as Actis Capital, entering India now the focus is on LCOE and new technologies.

"Last one year was primarily invested in building a strong team for Solar business, which can make the solar energy more competitive than traditional energy sources" The same is evident from the improvement in technology for solar panel, inverters and structures. As we move from 5MW – 10MW plants to plant sizes of 100MW – 1000MW, automation will to take centre stage. Some of the key technologies you will see in next couple of years will be robotic dry cleaning, manless security technologies and extensive use of virtual robots (for data analysis to improve plant performance).

Solar energy has already achieved grid parity and will constitute the major chunk of all

new power plants addition in India and the world. I strongly believe that Indian solar space will grow to 500GW by 2030 and will be a key employment generator over next two decades.

What are the milestones you wish to achieve by the end of this fiscal?

In solar business, we will commission another 110 MW and will win at least 500 MW in upcoming tenders.

Anything else you would like to add for our readers.

The industry should start focusing on technology and operational efficiency and ensure that Indian customers enjoy the most competitive green energy tariff around the world. I am very optimistic that by 2040 everything shall be run by Solar.

"We have commissioned close to 360MW wind farms and are building another 300 MW as we speak"

www.solarquarter.com

INDUSTRY INSIGHT

How Renewable Energy Is Taking A Page From Bitcoin

The problem of “too much” renewable energy on a grid can be solved with blockchain, a technology most often associated with bitcoins. Blockchain will provide a transparent way for households and businesses to trade renewables with each other. Laurent Schmitt, Smart Grid Strategy Leader for GE’s Grid Solutions business, explains how it will work.

create a tricky problem for grid operators.

Since people cannot control how much sun shines or how much wind blows, there’s a constant risk of either too much or too little energy flow. When there’s too little, operators can compensate by firing up hydro or fossil fuel generators where are more reliable. But dealing with too much energy presents a complex challenge.

Bitcoin is one of the most revolutionary ideas to come out of the tech world. A whole new form of currency was created from nothing, but people are now using it to buy everything from coffee to electronics.

To solve this challenge, GE is helping create a new type of community in Carros in the South of France. The town residents are some of the world’s first “prosumers”: producer consumers who both create and use energy.

But the lasting impact of bitcoin may end up being blockchain, the technology that makes the currency work. Blockchain has the potential to integrate renewable energy into the electricity grid in a way that is clean, easy and meaningful to the average energy consumer.

Essentially each house is like its own little power plant, as residents actually produce their own energy. They can either use it, store it or even sell it, helping keep the flow of electricity in the Goldilocks zone (not too little, not too much).

First, a brief primer on blockchain. The technology is complicated, but think of it as a giant ledger that is constantly and instantly updated. Every time anyone buys or sells anything using bitcoin, a record of that transaction goes on the blockchain.

That means virtual funds clear instantly leading to a permanent, searchable and anonymous record of every transaction.

This eliminates the need for middle parties like transaction clearing houses or credit card companies.

The financial world is already taking advantage of this technology. New companies are sprouting up using blockchain to speed up fund transfers and facilitate banks’ peerto-peer consumer transactions.

But blockchain isn’t only changing the world of finance. In the future, transactions of anything of value could use blockchain— titles, deeds, music, art and potentially even green energy.

As more renewables come online, they

8

This is all doable because Carros is home to the world’s first smart solar grid: a large scale experiment to integrate renewables into the grid.

GE worked with French grid operator Enedis to install solar panels on residential and commercial rooftops, implement demand response technologies and create battery storage across the grid. It is all analyzed by GE’s Distributed E n e r g y

Resource Management (DERM) software, which meshes consumption information with forecasts from the grid and weather reports.

This is helping transform Carros into a constellation of microgrids where consumers (or better put, prosumers) can instantly buy and sell electricity from each other depending on their needs. Home owners who are gone during the day can sell their electricity to businesses that need more daytime energy. And when they return home they can buy electricity from local batteries, electric vehicles or from businesses that can flexibly respond to changing energy prices.

A similar approach has been adopted in Australia. Energy startup Power Ledger recently started a trial program around Perth that lets people use blockchain to directly trade energy with one another.

enable those transactions while making sure energy flows do not exceed the physical wire capacity.

Blockchain technology will for sure elevate this to a whole new level moving forward.

On top of bitcoins, we could exchange “greencoins,” enabling the transfer of energy blocks instantly. Combine smart grids with blockchain and you have the potential for the cheap, clean flow of renewable energy from the grid to homes and from homes to the grid, with all of it transparently.

For right now, this is still a peek into the future. In the future, we’ll all be producing and consuming electricity. And as we’ve seen in Carros, it’s a bright future indeed.

About the Author: Laurent Schmitt is the Smart Grid Strategy Leader for GE’s Grid Solutions business a GE and Alstom joint venture, a part of GE Energy Connections

Software will be the key to making this new economy work. Things like DERM

www.solarquarter.com

9

www.solarquarter.com

INDUSTRY INSIGHT

World Smart Solar Market to Grow at 15.22% CAGR to 2020

Growing energy demand of developed as well as developing regions is a serious cause of concern worldwide. The conventional energy sources such as oil, natural gas and petroleum products will deplete sooner or later. This has led to initiatives of conservation of energy resources and discovery of new alternate energy sources.

The near future will witness more and more adoption of renewable and alternate sources of energy. Various alternate energy sources such as wind, tidal, solar and nuclear have been applied in recent years. Solar energy is one the most abundant energy source available on earth. Various energy needs can be fulfilled with applications of solar power and solar energy systems.

Smart Solar technology is a result of similar kind of innovation and research. Smart solar technology is built upon existing solar power systems and it functions in sync with the current system. This technology helps to insert ‘smartness’ in existing solar energy systems. Smart grids improve operational activities of individual devices and solar installations. Smart solar systems assist in reduction of maintenance costs, stability of grid supply, optimization of performance and appropriate computing of distribution system. There is high demand for energy management and demand driven smart solutions as it prevents wastage and makes optimum use of available energy in a smart manner. This demand for smart solar power solutions is prevalent across all verticals and industries. The smart solar industry is constantly expanding vertically and horizontally. There have been ground breaking innovations in components, solutions, services and applications across all the verticals of smart solar system.

Global smart solar market can be segmented on the basis of smart solar solutions, smart solar services, smart solar components, smart solar applications and geographic location of smart solar system installations. The major components of smart solar system consist of smart metering devices, smart grids, supervisory control and data acquisition (SCADA) systems, radio frequency identification (RFID) and some others. These components assist in the processes of automated meter reading, energy monitoring as well as managing and analyzing energy production and con-

10

sumption. Smart solar application is used for heating, cooling, producing steam, electricity and various other industrial, commercial and residential purposes. Various sectors such as healthcare, construction, transportation, agriculture, public utilities and many others have applied smart solar technology. The application of smart solar technology has also extended to various new verticals such as utility, government and public affairs, water treatment, education, logistics and distribution. Services such as consulting, construction, installation and management are offered for smart solar systems. Smart solar technology is widely adopted in regions such as North America, South and Central America, Europe, Middle East, Africa and Asia Pacific.

The U.S.A, Spain, South Africa, Egypt, Iran, India and China are some of the nations which have largest initiatives for solar energy technology and smart solar systems.

Asia Pacific and North America regions have a high potential growth for smart solar market.

Today’s global smart solar market is worth more than USD 7 billion and expected to grow around USD 16 billion till 2018.

The introduction of improved technology is increasing the adoption of smart solar components, solutions and services across various verticals.There is a common objective of energy preservation, green energy adoption and pollution control on a global scale. These common intentions and concerns are increasing usage of smart solar technology as well as a shift to traditional solar energy systems as a whole. Rising electricity bills, positive social implications and environmental concerns coupled with latest technology and innovations are the driving factors for the fast adoption of smart solar systems on a global scale. In addition, cost controlling and investments by solar industry members are expected to boost global smart solar market growth in future.Although, high initial capital cost, product instability, inefficiency and lack of awareness could pose a threat to smart solar industry.The solar sector has been developing in recent years. Even the economies of nations are increasing rapidly which could offer new opportunities for smart solar industry. The smart solar global industry outlook is looking positive for

upcoming years.

Some of the major players operating in smart solar industry are involved in smart solar products, solutions as well as consulting and management services. Some of the important players are ABB Schweiz AG, BPL Global Ltd., Echelon Inc., HCL Technologies Ltd., Itron Inc., Schneider Electric Inc., and SunPower Inc. Some other prominent players in smart solar industry are Silver Spring Networks Inc., Trilliant Holdings, Inc. and Urban Green Energy Inc. The Growth The global smart solar market 2016-2020 report says one of the key trends for market growth will be increasing demand for solutions and services due to advances in technology and components, such as smart meters, solar simulators, and grid intelligent components, services and applications of the smart solar. Thus most of the vendors are focusing on providing complete solutions for smart solar i.e. from components to the services. Also, the rise in demand for energy necessitates the need of energy management solutions and demands response services to be integrated with the installations. Now solution services, such as accuracy of bill and record of consumption of energy, are in demand, which is fueling the smart solar market.

The analysts forecast global smart solar market to grow at a CAGR of 15.22% during the period 2016-2020. According to the smart solar market report, growing environmental concerns will be a key driver for market growth. CO2 emission is a major global concern for countries and companies. The US energy-related CO2 emission was 5,406 MMT in 2014.

Combustion of fossil fuels (coal, natural gas, and oil) for energy and transportation, certain industrial processes, and land use changes are some of the human activities that emit CO2. The primary source of CO2 emission in the US is power, transportation, and industrial sectors. If the world adopts the smart energy technologies (including smart solar) then CO2 emissions could be reduced by 15% globally.

will dominate the smart energy market throughout the forecast period and will also account for about 40% of the total market share by 2020. Factors such as the rise in investments, the increase in solar capacity, and the growth in a number of solar power installations will aid in the growth of smart solar market in this region.

During 2015, the solutions segment accounted for about 60% of the total market share and dominated the industry.

Solar generation is primarily supported by an SCADA system that can be driven from a remote terminal unit (RTU) or a programmable logic controller (PLC). The advances in demand response and automation techniques will fuel the growth of smart solar market in this segment.

The following companies are the key players in the global smart solar market: ABB, Echelon, GE Power & Water, Schneider Electric, and Siemens. Other prominent vendors in the market are: Itron, Landis+GYR, Sensus USA, Silver Spring Networks, Solarcity, Sunnova, Urban Green Energy (UGE) International, and Vivint Solar.

The smart solar market is estimated to grow from USD 6.47 Billion in 2015 to USD 13.26 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 15% during the forecast period. The deployment of smart solar solutions helps users to minimize their electricity expenses and increase the efficiency of solar components by realtime monitoring and communication. The report aims at estimating the market size and future growth potential of the market across different segments, such as solutions, services, applications, verticals, and regions. The base year considered for the study is 2014 and the market size forecast is from 2015 to 2020. With the increasing adoption of green energy and smart cities initiatives, the demand for smart solar solutions has grown tremendously across all the countries. Regulatory mandates across North America, Europe, and China are also driving this market. For the forecast period, smart solar market is expected to grow at a moderate pace. Presently, North America is the largest market for smart solar services.

In terms of geography, the Americas

www.solarquarter.com

11

www.solarquarter.com

INDUSTRY INSIGHT

Smart Modules: Preparing For The Next Generation Rooftop Solar Projects

As the price of PV continues to drop, solar energy becomes an attainable reality for more and more homeowners, businesses and investors. However, despite compelling economics, some potential buyers are ineligible for solar due to insuffi¬cient space or too much shading. Enter smart modules: featuring embedded intelligence, these modules increase system flexibility, so buildings once considered inhospitable to solar can now accommodate a high-performing system. Smart modules also raise performance, increase monitoring capabilities and reduce safety risks. In short, smart modules are proving to be the next generation of solar.

Traditional solar electric systems feature multiple PV modules connected to a central inverter. These modules are connected in series circuits, meaning the system will instinctively lower its output level to that of the worst performing module.

Smart modules integrate high performance monocrystalline or polycrystalline cells with intelligent technologies such as the current-bypass technology of power optimizers. With this additional layer of power electronics in place, smart modules enable the design of systems in configurations not previously possible—multiple module tilts, various orientations, etc.— eliminating the negative effects of shading. Additionally, because the module and smart technologies are shipped as one unit, installers benet from shorter installation times.

Smart modules are rapidly building momentum in the solar industry today, offered through some of the top technology providers. These smart modules offer up to 25 percent more power density and improved part counts, in addition to enhanced performance, flexibility, monitoring and safety. Power-optimizers, such as Tigo Energy’s Smart Module technology, work in tandem with a central inverter to increase output through maximum power point tracking (MPPT). This allows each module to achieve higher yield.

Smart modules are a type of solar panel that has a power optimizer embedded into the solar module at the time of manufacturing. Typically the power optimizer is embedded in the junction box of the solar module. Power optimizers attached to the frame of a solar module, or connected to the photovoltaic circuit through a connector, are not properly considered smart modules.

Smart modules are different from tradi-

12

tional solar panels because the power electronics embedded in the module offers enhanced functionality such as panel-level maximum power point tracking, monitoring, and enhanced safety.

Solar panel installers saw significant growth between 2008 and 2013. Due to that growth many installers had projects that were not "ideal" solar roof tops to work with and had to find solutions to shaded roofs and orientation difficulties. This challenge was initially addressed by the re-popularization of micro-inverters and later the invention of power optimizers.

Solar panel manufacturers partnered with micro-inverter companies to create AC modules and power optimizer companies partnered with module manufacturers to create smart modules. In 2013 many solar panel manufacturers announced and began shipping their smart module solutions.

It is estimated that smart module shipments will grow rapidly with some manufacturers expecting smart modules will account for 30% of their shipments.

Real-time Visibility When the average person thinks of a solar electric system, they likely envision a series of panels up on the roof converting sunlight into useable energy. How the system works—and how well it’s working—is largely a mystery. Most system owners and operators have limited visibility into performance, and almost zero ability to interact with their PV technology. For operators overseeing hundreds of systems, this means any performance issue requires the organization to bring an expert on-site for a preliminary examination, and then schedule a second visit to properly address the problem at hand.

Each smart module is equipped with realtime monitoring capabilities, allowing installers and system owners alike to access and analyze performance data through intuitive software. In the case of Upsolar’s smart modules, system owners and operators benefit from Tigo Energy’s intelligence, which enables them to pinpoint and correct issues before they become major problems down the road. Even homeowners or operators away on vacation can easily monitor a system via a mobile app. With these modules, the moment a project goes online, operators and owners can walk away from the installation with confidence that their system is either performing at it’s full potential, or offering an immediate alert to performance issues.

Advantages: • Built-in intelligent cell optimizer IC avoids negative consequences of any type of mismatch within a panel.

• The most flexible solution for any rooftop condition and orientation.

• Elimination of hot spots, which results in minimized panel degradation.

• Best-in-class shade tolerance by performing MPPT on individual cell-strings to maximize energy harvest.

• Ideal for rooftop and solar power plant applications.

• Integrated optimizer mitigates power loss from panel-to-panel mismatch.

• Provides more installation options for various roofs and orientation limitations.

• Module level disconnects provide safety and regulation compliance.

• Allows more modules per string reducing BOS costs and more efficient systems designs.

Featured: The Optimizer Solution By Jinko The JinkoSmart Optimizer is a revolutionary solution for harvesting the maximum power available from a photovoltaic (PV) array. Like other distributed balance-of system (BOS) architectures, the JinkoSmart Optimizer™ solution extracts energy from each module, virtually eliminating the negative effect of weaker modules on the rest of the PV array. However, JinkoSmart does so with unprecedented efficiency and accuracy, with very few incremental electronic components for maximum reliability and minimum cost.

• With the help of cell optimizer, JinkoSmart can entirely eliminate hotspots, the main source of module failure.

Safety JinkoSmart's PV safety function de-energizes the system for emergency and /or maintenance situations. This allows you to go up on the roof without exposure to high voltage and it enables emergency personnel to access your roof without any risks.

This feature is compliant with new Rapid Shutdown requirements.

SolarEdge Monitoring System Module-level, string-level and system-wide PV monitoring is enabled by the SolarEdge power optimizer. Performance of each and every PV module is measured and communicated across existing power lines in order to maximize solar power harvesting at all times and reduce maintenance cost and time.

The SolarEdge module monitoring portal allows for enhanced maintenance and yield assurance through module-level performance monitoring, fault detection and automatic alerts localized on a virtual site map for accurate troubleshooting.

The monitoring web-based portal can be accessed from any browser or from any Android or iOS (Apple) smart-phone or tablet using the Opera Mobile or Firefox web browsers.

Tigo Monitoring System Every JinkoSmart module is independently monitored. This means that your system will alert you in real-time if it needs your attention. This powerful monitoring platform streamlines your operations and maintenance and your operational efficiency, helping you to reduce your soft costs of truck rolls, design, maintenance etc.

Smarter Solar, Now and in the Future

• JinkoSmart corrects differences in module power such as: binning mismatch, shading mismatch, soiling mismatch and aging mismatch. This allows the system output to be increased by up to 20%.

• In a PV system each panel has an individual maximum power point • Traditional inverter - weakest panel reduces the performance of all panels • JinkoSmart - each panel produces the maximum energy • The weakest panel does not affect the performance of the rest of the system

It’s no secret that the global solar industry has faced a number of growing pains in recent years, including social and political turmoil, shifting incentives and price competition from utilities. Today, smart modules are offering an opportunity for project developers worldwide to combat design challenges and ease consumer uncertainty.

Smart modules are driving stakeholders toward a more dynamic and intuitive solar experience—bringing clarity instead of confusion, and enabling high-yield projects on rooftops that previously would have gone undeveloped. Smart modules are a natural t to ease the evolving challenges of a maturing industry, and the ideal solution to spur the next wave of significant market growth.

www.solarquarter.com

13

www.solarquarter.com

IN CONVERSATION

"The national adoption of this international standard will allow for the growth of not only Seaward but the Indian PV industry as a whole" testing is both safe and efficient is to use IV curve tracing. This is the thinking behind our latest products: integrating IV curve tracing technology with electrical safety.

The result is our PV200 instrument which is the world’s first combined multi-function electrical safety tester and performance tester for the solar market.

Can you tell us a bit about the recent technology advancements in this sector?

Mr. Andrew Upton, Managing Director, Seaward Group Could we begin with Isothermal and Seaward’s collaboration in India?

Our business relationship with Iso Thermal PVT Ltd goes back over 10 years. Initially our business relationship involved trading in Micrometers, and over that time we got to know the company’s professionalism, passion and drive.

Seaward Group is a manufacturer of electrical test instrumentation for a variety of different industry sectors. As a company we are constantly developing and looking for markets which are going to evolve and are focused on providing safe electricity. With the emergence of renewable energy, we thought it was important to start investing in the sector, and that’s where our paths crossed about four or five years ago. It was a natural progression for us to work with a trusted partner, and we turned to Iso Thermal PVT Ltd because it is well-established and well-respected in the Indian market.

"We believe in ensuring that renewable energy is also safe energy, and it was that methodology which led us to an earlier model,the PV150" What have been some of the recent developments at your organisation?

Our latest model is the PV200, it is a fully integrated and very easy to use, multifunction PV safety tester with I-V curve tracing functionality.

We believe in ensuring that renewable energy is also safe energy, and it was that methodology which led us to an earlier model,the PV150. This was a game-changer for electrical contractors in the solar industry, as they could ensure that their installations were electrically safe and there were no hazards or fire risks.

When you are in an emerging market, such as renewables are in India, it is important to gain the confidence and trust of our users.

We want to protect our reputation through facilitating good practice and quality installations.

The best way for us to ensure that solar

14

The PV industry is currently making the move from 1000V to 1500V systems. 1500V provides us with longer strings, which brings down the overall balance of system cost.

However, testing at such a high voltage is difficult and as an industry we must innovate and move with the market demand.

It is great visiting exhibitions like Intersolar India and Renewable Energy India because it helps us to understand the market issues and challenges installers are facing.

"When you are in an emerging market, such as renewables are in India, it is important to gain the confidence and trust of our users"

"Seaward Group is a manufacturer of electrical test instrumentation for a variety of different industry sectors" What have been the latest trends in demand for your products and services in India? Where do you see the next demand growth coming from?

Solar PV technology has been installed in a range of different contexts throughout India, from off grid systems in out-laying areas to large-scale grid connected systems. In 2016, 10GW was installed in India alone and the expansion of the PV industry is only set to continue. With this in mind, the time is now for us to set in place regulation that will ensure high standards in energy production, energy efficiency and electrical safety.

We are in an advantageous position as the framework for safely commission-

ing, operating and maintaining PV plants has been outlined by the International Electrotechnical Commission in its IEC 62446:2016 standard. While this standard has been voluntarily adopted by the majority of the global PV industry, if we are to maintain growth and keep energy production high, it must become the mandatory standard.

The national adoption of this international standard will allow for the growth of not only Seaward but the Indian PV industry as a whole.

"We hope to offer all of the above by working with our local partner Iso Thermal PVT India Ltd to educate the market, sharing our expertise on the importance of testing and the benefits it brings"

What are your growth plans for the Indian market and what are the milestones you wish to achieve?

India is a very exciting market for us and offers many opportunities. The challenge is how to access the Indian market but still offer our renowned level of customer service and quality that we offer in the United Kingdom.

We hope to offer all of the above by working with our local partner Iso Thermal PVT India Ltd to educate the market, sharing our expertise on the importance of testing and the benefits it brings. With that we trust that local PV operators in India will adopt Seaward as their measurement partner and we will be able to make a positive impact on the growing Indian PV market.

"We are in an advantageous position as the framework for safely commissioning, operating and maintaining PV plants has been outlined by the International Electrotechnical Commission in its IEC 62446:2016 standard" www.solarquarter.com

15

www.solarquarter.com

Congratulating Winners Of RE Assets Excellence Awards 2017

www.reassetsindia.com

Best Performing Waste - to - Energy Project of the Year Jindal ITF Urban Infrastructure Limited

Solar O&M Contractor of the of the Year Rooftop Scale Sterling & Wilson Limited

Solar O&M Contractor of the of the Year Utility Scale Mahindra Susten Private Limited

Solar Technical O&M Service Provider of the Year - Utility Scale Avi Solar Energy Private Limited

Solar Best Performing Project of the Year ACME Cleantech Solutions Private Limited

Solar Asset Management Software Company of the Year Solar-Logâ„¢ India

Best Wind Portfolio of the Year Powerica Limited

Green Energy Business Excellence Operational Framework - Telecom Industry Bharti Infratel Limited SPECIAL THANKS TO OUR ESTEEMED CHIEF GUESTS Shri K. S. POPLI CMD, IREDA & Shri PANKAJ BATRA MEMBER PLANNING, CEA

Wind Best Performing Project of the Year Technical Performance Mytrah Energy India Private Limited

16

Wind Technical O&M Service Provider of the Year Powercon Ventures India Private Limited

Wind SCADA Technology Company of the Year Powercon BAX (A BaxEnergy GmbH Enterprise)

www.solarquarter.com

INDUSTRY PERSPECTIVE

Winners Speak: REWA Tender

Mr. Manoj Kumar Upadhyay, Founder & Chairman, ACME Group

“ACME is really proud to participate in Indian government’s continued effort to make renewable energy more bankable and attractive for both financial investors and Indian utilities. REWA project is an excellent example of a win-win which can be achieved by pro-active measures from government and awareness of requirement of investors and lenders. Excellent work was done by project advisors and government in devising notable features like sovereign guarantee, running a very structured process, top rated off taker take or pay and state of readiness of solar park. That coupled with our great experience with MP government and utility because of our existing plant in state (25 MW for last three years) gives us tremendous confidence to expand our 1.5 GW portfolio with this asset win. We are sure this would be a great addition to our portfolio and we look forward to execute the same. Quality of bid winners in this bid really proves that it was won on execution experience and thorough financial analysis. Both ACME( all in-house) and Mahindra are top two EPC developers in country having executed large solar plants and Actis the third winner has deep financial experience in emerging markets to value protection PPA offers. On module prices let's move wordings to projected to fall rather than have fallen to help us in our ongoing projects.

SBG and ENEL were there at 2.98 that shows how close the bidders were on converging on tariff and quality of bidders. There is already an interest in lender community to participate in this project given the strong framework and ready infrastructure for project thus eliminating construction risk and counterparty risk for lenders.”

“Being an integrated IPP, we bring in a unique proposition which reduces the variance on account of technology providing an edge to us. Our parent, Mahindra Susten has been offering Solar EPC cum O&M solutions for over 5 years which reduces the factor of uncertainty for us in terms of performance or quality of construction. The projects set up by Susten have been consistently over performing the market, are built within timelines and with minimal cost escalations. Therefore, it provides us a headroom in estimating the right performance for the plant and the most optimized design of the plant.

Moreover, it also allows us to reduce the variability in execution timelines and cost escalations, which becomes an integral part of any other foreign developer’s calculation if they are to bring on board an EPC partner after the bid outcome. Similarly, for a prudent player which believes in not keeping the exchange rate risk open, the cost of capital also mostly gets out of equation.“

Mr. Basant Jain, CEO, Mahindra Susten

“The project is unique in the way it is structured, it is a testimony of the true Public Private Partnership model. We believe the RUMS team and IFC has done a smart job to draft the project documents in a manner which identifies and sort out factors which would pose a risk for developers and the developers would have to in turn beef up some buffer to account for these risks. The structuring of this tender reduces the risk for the developers and that is the reason that even after the marathon reverse auction there were many players willing go down below Rs 3 per kWh for this tender. All credit goes to the RUMS management, State Government and their advisory teams including IFC, PWC, Trilegal, Sgurr etc. in correctly identifying the risks which would be best taken by the State and allow the enterprising abilities of the developers to flourish. In addition, the extended commissioning timelines of 18 months and the comfort that he timelines for developers start only when 90% land is handed over, provided additional comfort.”

Tamil Nadu – Lowest bid @ Rs. 4.40/kWh, Unicorn ReNew Power’s fundraising The Tamil Nadu Generation and Distribution Corporation (Tangedco) had floated a tender for procurement of 500 MW of solar power and it had received bids for a total of 300 MW from 22 developers(earlier post here). The price bids were opened yesterday, and The Hindu newspaper(read here) has reported that the lowest bid is Rs. 4.40/kWh as against its benchmark tariff of Rs. 4.50/kWh. This tariff is about Rs. 1.2/kWh higher than the Rewa winning bid of Rs. 3.29/kWh(levelised), since the Tamil Nadu tender is not for projects in Solar parks, nor does it offer deemed generation or payment security mechanism. The problem of curtailment and late payment is fairly acute in Tamil Nadu.

You can now compare the tariffs for each of these tenders with the historical price bids here. You also see how the capital costs(CERC benchmark costs) have fallen over the years here.

Moving on to other news, earlier this month, MNRE had released the PV manufacturing(cell and module) capacity in India(read the original blog here). As per that list, Adani Group had the highest manufacturing capacity in India, but the plant is not yet operational. Keeping this in mind, the MNRE released an updated list of PV manufacturing capacity, and the same can be accessed here.

On the deals side, the Unicorn(a term used for any startup that is valued at more than US $1 Billion) in the renewable energy space, ReNew Power, has raised $200 million from JERA at a valuation of $2 Billion. This comes ahead of ReNew Power’s proposed Initial Public Offering(IPO).(A very relevant trivia about the Unicorn ReNew Power – unlike most other Indian Unicorns like Flipkart, Ola, Snapdeal and others which are losing money heavily, ReNew Power claims to be profitable. Read more here in this Forbes profile).

The other financing announcement came from IFC, when it announced last week that it is planning to invest up to $15 million in compulsorily convertible debentures in Clean Max Equity.

On the technology side, one of the key issues that a PV system designer confronts is the DC/AC oversizing. With the decrease in module prices, how does one optimize a design with a high DC load ratio while balancing the clipping losses? ABB along with GTM is organizing a Free Webinar titled “Oversizing the PV System to the Inverter Ratio” on March 2, 2017. You can register for the event here.

17

www.solarquarter.com

PRODUCT FEATURE

ArctechSolar trackers are solutions to high return on investment and make solar projects economically profitable under cost pressure Arctech is one of the world’s largest manufacturers of solar photovoltaic mounting structures and trackers for utilities, commercial and residential projects. Since 2009, with over 10 GW of installations, Arctech continues to develop technologies that improve production and deliver long-term financial benefits. With annual capacity of 9GW, Arctech is well equipped to meet the growing energy needs of the planet, and has grown into a reliable partner in the global PV tracking and racking system field.

ArctechSolar trackers are solutions to high return on investment and make solar projects economically profitable under cost pressure. In particularly, ArctechSolar redundancy horizontal single axis trackers are the most attractive solutions in terms of profitability and reliability. And ArctechSolar’s ground mounted solutions are designed and engineered for each customer’s site specific conditions tominimize the field installation labor and do not require field welding, drilling or other on-site fabrication.

with tilted modules and tilt single axis tracker are normally used for higher latitude. The big and small trackers designed locally for multiple uses and rough grounds. Arctracker Pro can be remotely monitored and controlled with RS485 Communication Interface through most off-the-shelf monitoring software. Multi-mode control function includes backtracking, rain, snow, wind and manual operations. In particularly, backtracking eliminates self-shadowing of panels during early mornings and late evenings and allows compact design of tracker in limited space. The tracking angle can be adjusted to control the power output as per the grid requirements.

Featured product Trackers add capital cost to the project and they involve moving parts that have traditionally been associated with the perception of complex designing, prone to failure, high repair and maintenance expenses. ArctechSolar’s series product Arctracker Pro provides an innovative solution to this by designing a revolutionary tracking mechanism which sets new standards for reliability.

The redundancy concept means there are two systems: one primary system and another one for backup. In case that the primary system fails, it automatically performs a switchover to the backup system. The purpose is to neutralize the tracker failure and protect the economic return of investors by keeping the power generation unchanged. It can also minimize the maintenance cost since the routine maintenance is already enough and there is no emergency need for field support.

The redundancy design has now been applied to the motor of ArctechSolar’s patented design, control unit, power supply and sensor.With the world’s first redundancy design, Arctracker Procan meet most of the requirements. The standard horizontal single axis tracker is most suitable for relatively low latitude while horizontal single axis tracker

At the beginning of 2017, Arctech Solar will bring Arctracker Pro with the world’s first invented redundancy design to Japan market. It can suit the local conditions in Japan and especially improve the largest rotation angle to work under some extreme climate conditions such as blizzard days which might reduce the potential power loss caused by special weather. Most of the conventional PV power stations in Japan use fixed mounting structure generally with an angle between 5 and 20 degrees. Under this condition, on the blizzard days the snow would pile up on top of modules and cannot naturally fall off. The PV power stations may not be able to work normally for several months in winter if the snow can’t be cleaned in time. This time, Arctech Solar intentionally increases the maximum rotation angle from 45 to 65 degrees, so the snow can fall off freely because of gravity and there would not have any snow that would cover modules any more. Also the materials are optional for the structures between square tubes and hexagonal tubes.

iPLONs i_IOT systems for the Hybrid PV-DG systems iPLON is a German HQ Solar O&M company since 1995. iPLON’s philosophy is innovation towards ‘Decentral’ technology and the systems are based on Embedded Systems and the Internet of Things (IoT). iPLON believes in and supports Smart Cities and Smarter Villages and envisions a Post-Carbon Society. iPLON India operations began in 2013, and has grown to become one of the biggest suppliers of O&M based Monitoring and Control Systems in the country. iPLON has commissioned over 2000 MW of monitoring and control systems in Germany, India, Spain, Italy, Turkey, Austria, Japan, Canada and several other countries. iPLON caters to both the Utility-scaled projects and Rooftops market, with a prior experience of commissioning over 5000 rooftops in Germany. iPLON has been supplying its SCADA Systems, Remote Monitoring Systems, Telemetry Systems, Weather Stations and many other tailored-made solutions to Welspun, TATA Power, ACME, L&T, Amplus Solar, Kiran Energy and many other customers across India. iPLON has a strong task force of 50 young engineers at its offices in Chennai, Delhi, Bangalore and O&M offices across 10 states.

Featured product iPLON has specially tailored a product to cater the SECI 500 MW rooftop projects, iSECI_RT. The iSECI_RT is the monitoring solution for the diverse rooftop projects of 500 MW capacities across the different states in India.

Hardware The iSECI_RT is built in an IP65 casing. The iSECI_RT will monitor the Inverters, SMU, Energy Meter, and Weather Stations. The connection to the inverters can be through TCP/iP or RS 485. The connection to the SMU, Energy Meters, and Weather Stations will be through RS 485.

Continuing the strategy of building products with low power consumption, the iSECI_RT consumes only 10 W and operates perfectly upto 60 °C. An input supply of 230 V (AC) is required to power up the box. The entire system works on 24 V (DC).

The iSECI_RT requires a stable 3G/4G or DSL mode of internet connection for sending the data from the site to the cloud. The data logger has a capacity of storing the data up to 3 months.

18

Software All the data from the field devices gets stored, processed and compressed before being sent to the cloud server. Through advanced computing database technologies, the data is then retrieved. The useful data points are then mapped into the graphical representation as required by the user, which is accessible on your desktops, laptops, tablets and smart phones. Also, the same data is available to be downloaded in the .csv format for data analysis.

The platform on which the software is built has several advantages. One of the key advantages is the retrieval of data in the case of 20+ plants at a minimal response time.

The portal can be accessed from anywhere in the world and can host multiple sites on a single platform. With the analytics features that iPLON provides, the user can benchmark and analyze the parameters from different plants which will help to maintain the life of the plant.

The advantage of having modular systems is that it can be expanded to support different requirements and applications. The key advantage of the iSECI_RT finds its application in plants which operate on both solar PV and DG, the i_IOT. The i_IOT has a feature of the Inverter power reduction, which works dynamically based on the output of the diesel generator. This feature prioritizes the maximum output from the solar plant without compromising on the DG efficiency.

With access to proven German technology and iPLON’s network in the Renewable Energy and Smart Grid domain, iPLON’s products are built for the Indian costsensitive market and often find it winning projects against automation giants such as GE, ABB, Siemens, etc.

www.solarquarter.com

ORGANISED BY www.solarquarter.com

OFFICIAL INVERTER PARTNER

PLATINUM PARTNERS

DIAMOND PARTNER

GOLD PARTNER

SESSION PARTNERS

DELEGATE KIT PARTNER

RESCO PARTNER

INDUSTRY PARTNER

EXCLUSIVE BUYER SELLER FORUM Reserve Your Tables at the Exclusive BoS Buyer - Seller Forum and Interact With A Refined Buyer Audience From Developers, EPCs and Project Investors.

“A Must Attend Event For All Procurement And Project Teams. Source Best Technology & Quality For Your Projects” Limited Seats Available. Reserve Your Seats Now. For Delegate Registrations Contact Kawaldeep Marwah / Ajaz Shaikh M: +91 7718877914 / 9920916640 E: register@firstviewgroup.com

For Sponsorship, Exhibition and BuyerSeller Table Bookings Contact Smriti Singh/ Vipul Gulati T: +91 +91 7718877513 / 09920917193 E: bd@firstviewgroup.com

www.solarbosmeet.com 19

www.solarquarter.com

IN CONVERSATION

"India solar cell and module factories are our main clients. Now, we have more than 30% market share in India" Due to Indian market is booming, we supply different grade machine to different kinds of customer.

We promote three new product series like A+A+A+ solar simulator, high resolution EL (>42 Mpixel)and high automatic production line for first class module producer and Lab.

Mr. Ran Xu, Vice President, Gsolar Power Co.Ltd You are a global leader in the solar industry. Could you please tell us about your current business presence in India?

We are PV equipment leader in solar industry including cell tester, solar simulator, EL detector and auto module production line.

So, India solar cell and module factories are our main clients. Now, we have more than 30% market share in India.

Tell us more about the latest innovations in your product and solution offerings for the Indian market.

Because, they have strict request to quality control.

"We promote new testing equipment which can test new module more accurately like HIT, bi-facial modules and help client to analyse problem and increase quality"

has no electricity in India or electricity is not stable.

So that, India will have big opportunity to produce solar modules and use solar panel in domestic market.

What have been some of the new technology trends in the module industry and how have you geared up for the same?

New technology trends in module industry is high power output and low cost. There are some methods to increase power output like new tech. cells, new materials and new encapsulation process and so on.

And our high automatic production line can decrease labour cost, shorten production pulse, increase module output and avoid quality lost.

What exciting opportunities do you see in the Indian and global markets?

Quality, Costs and Performance are key concern areas for Indian project developers. How would you like to address these issues for your offerings in India?

India is in near equator and has enough sunshine, meanwhile, 400 million people

We promote new testing equipment which can test new module more accurately like

PRODUCT FEATURE

"We have more than 60% market share in China and export machine to more than 30 countries including Germany, Spain, France, USA and so on" HIT, bi-facial modules and help client to analyse problem and increase quality.

And we also have outdoor EL machine which can test module quality on site.

Anything else you would like to add for our readers.

Gsolar has 16 years of experience in solar industry and has top 1 market share in the world.

We have more than 60% market share in China and export machine to more than 30 countries including Germany, Spain, France, USA and so on.

INDUSTRY PERSPECTIVE

We have agents and service partners in 8 What are your views on the recent results markets,especially in India market of REWA Tender and how this will impact the future bidding rounds for solar tenders in India?

Gsolar Power Co.Ltd as world-leading equipment supplier in PV industry, is serving for more than 1300 solar module manufacturers, labs, universities and third authoritative metrology insititutes accross the world. We mainly produce solar cell tester, solar simulator, solar cell/module EL detector, as well as turnkey auto solar module production line. We have agents and service partners in 8 markets,especially in India market. We export products to Germany, USA, England, Turkey, Japan, India, Malaysia, Thailand, Vietnam, Indonesia and ect,totally more than 30 countries.

A+A+A+ / long pulse Solar Simulator Model: XJCM-11A+ Product introduction: XJCM-11A+ model solar simulator performance is A+A+A+ class. Full spectrum wavelength from 300nm to 1100nm, could be extend to 1700ms. Long pulse duration from10ms to 150ms, mainly used for testing crystalline/ PERC, HIT, IBC, N type, and other high capacity/efficiency module that uses high transparency EVA. Technology Specifications: 1.1 Max. illuminated area: 2000mmĂ&#x2014;1100mm 1.2 Type of lamp: Xenon lamp 1.3Range of light intensity:7001200W/m2 1.4 Spectrum: 300-1100nm 1.5 Spectrum match: 0.8751.125(A+ class) 1.6Temporal Instability of irradiance: <1%(A+ class) 1.7 Non-uniformity of irradiance: <1%(A+ class) 1.8 Repeated accuracy <0.5% 1.19 Pulse duration: 10ms-150ms.

Targeted/ Benefitted Customer Segment: As the technology development, especially high capacitance and high efficiency solar cells, as well as high transparency EVA material application, traditional solar simulator could not meet the testing requirements any more.

XJCM-11A+ model solar simulator can ensure max&accurate test the output power to create profits for solar module manufacturers at max degree.

Mr. C Chaudhary, Headâ&#x20AC;&#x201C;Solar, Ostro Energy There are 2 key take aways from REWA bidding. First, participation of lots of international tier 1 IPP players. That translates into extensive pre-bid due diligence to squeeze every unit of energy to drive LCOE down. Second, these players are quality oriented, so quality of solar assets build going forward should improve significantly.

The tariff is function of many parameters such as solar irradiance, landscape (land levelling cost), soil conditions, evacuation infrastructure, payment security and solar park development charges. Since these parameters are different across different locations / tenders, hence there is very limited impact of previous bid on tariff of future bids. A good example is that the previous record of INR 4.34 / unit took a year to be bettered, despite multiple tenders in last 12 months.

The only impact of REWA tender is that there were over 10 players within 10 paise difference. So unlike previous bids, where we saw sore losers terming the winning bids unviable, this time everyone will go back and try to analyse the areas where they missed to optimise the design. The warfront has changed from arranging cheap finances to having the best technology, design and LCOE.

Technology Advancements: A+A+A+ class and Long Pulse Duration.

20

www.solarquarter.com

www.pvmodultech.com

Solar PV ModuleTech

India 2017

July 2017, Holiday Inn, Aerocity, New Delhi Indiaâ&#x20AC;&#x2122;s Largest and Only Event For Indian Solar PV Module Industry Focus Areas: Module Technology, Project Procurement, Manufacturing

CO-HOSTED EVENTS

PARTNERS 2017

MODULE MANUFACTURING SUMMIT 2017 MODULE PROCUREMENT MEET 2017 KEY EVENT HIGHLIGHTS CONFERENCE BUYER-SELLER MEET PREMIUM B2B EXPO COCKTAILS & NETWORKING

<< << << <<

PAST PARTNERS 2016

For Delegate Registrations Contact Kawaldeep Marwah / Nikita Agrawal M: +91 7718877914 / 7718877515 E: register@firstviewgroup.com 21

For Sponsorship, Exhibition and Buyer-Seller Table Bookings Contact Smriti Singh/ Vipul Gulati T: +91 +91 7718877513 / 09920917193 E: bd@firstviewgroup.com www.solarquarter.com

IN CONVERSATION

"Indian market is a peculiar market and it is more of a cyclic market" we have introduced India’s first and only mobile VPD technology which is used for dry out of large power transformers in its own tank. Instead of the transformers coming to the factory for repairs, our MVPD will go to the site where the transformers will get dry cleaning kind of a treatment.

Stationary VPD is basically the best technology available worldwide for transformer dry outs and we are giving a mobile version of that for condition monitoring.

Mr. Sunay Shah, Director, Mahati Industries Pvt. Ltd. Let’s begin with a glimpse of your company’s presence and offerings in India.

We are into the business over 4 decades.

We have three verticals- (1) manufacturing of transformers upto 315 MVA, 400 KV, (2) Repair, uprate and overhauling of transformers upto 400 KV (3) EPC of HV switchyards and erection contracts of Hydro Power projects. We have so far done around 12000 megawatts of hydro projects across the country. Apart from that,

What have been some of the recent developments at Mahati?

As I said MVPD is the most important development. Apart from that yes, we have Transformer capacity upgraded to cater to 5 gigawatts per annum of transformers, having facilities including Impulse Generator, VPD, 250 Ton EOT, In-house Fabrication, etc.

A short video on MVPD by ‘Mahati’ can be checked on You Tube Tell us a bit about the recent technology advancements in your sector?

There is not much of technology advancement in power transformers. The industries are moving towards minimization of elec-

trical losses and the compact transformers.

Also there is a lot of work going on in the oil that is being used in the transformers.

Basically Oil is the insulation and the cooling agent. So people are trying Natural ester / vegetable oils and there is a lot of development here. However, Condition Monitoring is an arena where lot of work is being done in Grid overall.

What are your growth plans for the Indian market? What are the milestones you wish to achieve by the end of the fiscal?

Indian market is a peculiar market and it is more of a cyclic market. Right now the biggest focus would be on the renewable & Infrastructure Projects. There is a lot of work coming up in the wind and solar energy. A good quality transformer is required to cater to this growing sector.

Also, there is ample work coming up in mini and micro hydro projects. Electrification of Railways through open another big market.

So this fiscal year for India, we would be targeting something around 1000 MVA in 2016-2017 and if everything goes well it would be around 2500 MVA next year.

What has been the latest trends in demand for your products and services in India?

Services, needless to say, is the key area to all the products. Without services, no product would be complete. We have a strong after-sales support in India. We are basically moving from a product company to a service sector based company.

Any message you would like to give to the solar industry?

Our PM Sir is working hard and focussed to make Indian renewable chart strong so we should make him proud by doing our chunk to optimum.

"There is a lot of work coming up in the wind and solar energy. A good quality transformer is required to cater to this growing sector"

"Being a large organized distribution company, our Distribution model has been very well accepted by the Solar PV Industry" Installers.

What have been some of the recent developments at Redington?

Mr. Pradeep Srikanthan, Vice President – Solar Equipment Group, Redington (India) Limited Let’s begin with a glimpse of your company’s presence and offerings in India?

Redington is one of the top INTEGRATED SUPPLY CHAIN SOLUTIONS PROVIDER and a LEADING VALUE ADDED DISTRIBUTOR in the IT &Telecom Space in INDIA. We are a public listed company in INDIA with a Sales Turnover of $ Over 2 Billion in India and close to $ 5 Billion globally. The SOLAR EQUIPMENT GROUP at Redington started in April 2016 and since then we have been growing at a good pace and offering high value proposition to our customers.

Solar PV Industry in INDIA is highly fragmented in nature and is currently going through an exponential growth phase.

Redington being an Organized player in the IT and Telco Space is leveraging its large seamlessly integrated supply chain network in INDIA to take “High Quality and technologically advanced Solar Energy Products” to the last mile consumers through a network of very well “Qualified and Trained” Solar System Integrators / Channel Partners / Solar

22

REDINGTON is a broad line Multi Brand Distribution company. Our present focus is in the Solar Roof Top space in INDIA and REDINGTON has signed up Distribution Agreements with world class brands for Solar PV Panels, Solar Grid Tie Inverters, Solar Off-Grid Inverters, Solar DC Cables, Solar Combiner Boxes and other Solar PV components and products required for the Solar PV Industry in INDIA. To meet the requirements of the Indian manufactured Solar PV Panels, we have tied up with a few reputed Indian Manufacturers producing Solar cells, Solar Panels, EVA and Back Sheet all by themselves. REDINGTON has tied up with Top Class brands for Solar Grid Tie,DC Cables, Junction Boxes and Integrated LED Street Lighting Systems.

Tell us a bit about the recent technology advancements in your sector?

Solar PV Industry in INDIA is has been growing exponentially and all technology advancements in the sector has been targeted towards driving down the cost of Solar Power Generation. For example in the Solar Utility scale segment, we have been witnessing the increase in DC System voltage from 1000 V to 1500 V. Now most of Solar PV Panel manufacturers and Solar Inverter manufacturers are focusing to move towards 1500 V DC systems as it gives a cost advantage in terms of reducing the overall BOS cost of the Solar PV Power Plant.

Going forward we could also see this trend in the Solar Rooftop Segment as there is a lot of pressure on the EPC companies to deliver turnkey Solar solutions at the lowest possible costs.

What are your growth plans for the Indian market? What are the milestones you wish to achieve by the end of this fiscal?

REDINGTON’s foray into Solar PV industry started in April 2016. For the fiscal 2016-2017, we had set a modest top line target of Sub Rs. 50 Crores and are working towards it. Our long term goal for the Solar Equipment business is to double these numbers Y-o-Y for the next 3 to 4 years. One of the other major milestones that we have achieved this fiscal is to make our presence felt to more than 500 System Integrators / EPC Companies across the country.

Our target is to map a minimum of 1000 SI’s / EPC companies on to our network and offer our services to them. Globally we are present in more than 20 Countries and moving forward we will also explore the possibility of taking our Solar Distribution Business globally.

What have been the latest trends in demand for your products & services in India? Where do you see the next demand growth coming from?

REDINGTON’s current focus is into the Solar Rooftop segment in INDIA. Being a large organized distribution company, our Distribution model has been very well accepted by the Solar PV Industry. There

are so many small and medium size Solar System Integrators today across the country who wants the products to be delivered Just In Time at their doorstep and they are looking for a reliable Distribution Partner who can do this and Redington perfectly fits in this space. The next demand growth for REDINGTON will be from the Solar Rooftop Market in INDIA and we see an exponential growth in this space.

Anything else you would like to add for our readers.

Redington in its endeavour to grow in the Solar Industry space will offer the following Value proposition to our channel partners. a) Just In Time (JIT) Supply – Redington will leverage on its Logistics and Supply chain network of 90+ Warehouses across the country to stock the required Solar Components and systems and supply them to our channel partners within the shortest possible lead time. b) Technical Support- Redington will offer all the Technical Pre-Sales and Post-sales support to the new and experienced Solar System Integrators and EPC companies c) Warranty – Redington enables very strong Warranty assistance from Manufacturers to the customers. d) Credibility – Redington commands a very good financial credit rating from rating agencies like CRISIL & ICRA. We are also listed in the stock exchanges of BSE and NSE. So our customers benefit from working with a financially stable Organization and vendors find easy scalability in a short span of time.

www.solarquarter.com

PRESENTS 2nd ANNUAL EDITION

FOR REGISTRATIONS VISIT www.indiasolarweek.com

Co- Hosted Event “SOLAR EPC BUSINESS FORUM 2017” 21-22 June 2017, HOLIDAY INN, AERO CITY, New Delhi Co-hosted Event: 7th Global Solar EPC Summit

INDIA’S LARGEST EVENT FOR UTILITY SCALE SOLAR PROJECTS IS BACK India Solar Week Conference 300+ Delegates, 10+ Conference Tracks, 50+ Speakers

Premium B2B Exhibition 20+ Premium B2B Exhibition Spaces

India Solar Week Awards Night 30+ Award Categories, Networking & Cocktail Reception

Solar EPC Business Meet One-To-One Business Meetings For Utility Scale Solar Companies

OFFICIAL INVERTER PARTNER

LANYARD PARTNER

RESCO PARTNER

MODULE PARTNER

Delegate Registration Contact: Mr. Kawaldeep Marwah / Ms Nikita Agrawal +91 77188 77914 / +91 77188 77515 register@firstviewgroup.com

DELEGATE KIT PARTNER

SUPPORTING PARTNERS

INDUSTRY PARTNER

SUPPORTED BY

Sponsorship/ Exhibition Opportunities: Awards Nominations: Ms Smriti Singh / Ms. Aishwarya Baile Pratika Jathan /Kawaldeep Marwah +91 7718877513/ +91 8655091000 +91 9920917136 / +91 77188 77914 bd@firstviewgroup.com register@firstviewgroup.com www.indiasolarweek.com

23

www.solarquarter.com

COMPANY FEATURE

As an innovative solution to basic contractual needs of businesses our specific technical team is working on automation of contracts Introduction The Firm is a multi-disciplinary law firm driven to provide comprehensive legal and tax assistance to both domestic and international clients. The Firm offers a wide variety of services including in the areas of corporate & commercial laws, litigation, arbitration and taxation (direct and indirect). We have our presence in New Delhi, Mumbai, Dehradun, Haldwani, and Bhopal.

The Firm serves as a one stop destination, where both legal and tax solutions are provided seamlessly. The integrated team of lawyers have over the years worked on high stake domestic and international transactions including cross border transactions.

Partner), a specialist in dispute resolution and commercial laws, and Mr. Viineet V Srivastav (Executive Partner), a specialist in corporate and commercial laws and highway projects. A credible team of lawyers is available to supports the core team.

As a part of knowledge management, the Firm publishes a monthly newsletter and alerts, named tax and corporate law changes to keep its associates and clients updated about the recent changes and amendments in law.

Also, as an innovative solution to basic contractual needs of businesses our specific technical team is working on automation of contracts.

2. Strategy

4. Team & Management

The Firm lays emphasis on having a single point contact for its clients to meet their specific needs, resulting in seamless functioning and timely delivery of assignments.

The Firm is committed to provide real business impact for our stakeholders by keeping our clients’ interests front and center in every engagement.

The team of Aureus Law Partners operates as an integrated team under the overall executive and operational direction of Mr. Abhishek Dutta.

Business advantages that supplement Firm’s strong advisory and consulting experience as a law firm are a robust in house tax practice and a strong in house litigation background. The Chairman of the Partnership committeehasmore than 20 years of litigating experience, supported by a capable and numerically superiorin house litigation team

The composition of our leadership team is as follow:

Assignments completed in the recent past • Completed 2000 acres of land acquisition for one the largest solar power company.

• Worked on an acquisition of the Indian Company by a foreign investor through sale of shares of the Indian Company. We have provided corporate and tax advice on the structure of the transaction. We are providing documentation support to the Promoters and the Company.

• Advised on setting up subsidiary/Project Office in India. The Firm was involved in structuring a business model for the Company and advising on day to day

operations of the company. The Scope of work involved advising on setting up a subsidiary/acquiring a company in India / establishing Project Office.

• Advised a multinational to setup its office in India. The Firm has advised on the business structure.

• Assisted a power generation company in relation to power purchase agreements with an entity situated in Africa. The scope of work included review of the PPA from Indian law perspective.

"We maintain a constant stage of dialogue amongst various teams in relation the advisory services that we render thus delivering holistic views"

Counsel 1. Uttara Babbar 2. Bhavin Patel 4. Hemant Krishna Managing Associates 1. Satyender Chahar 2. Suresh Uniyal 3. Chinmay Agarwal

3. Business Concept

5. Customers & Projects

The professionals in the Firm have a repertoire of rich industry knowledge, technical acumen and have continually delivered practical and implementable solutions. The Firm offers a wide variety of services including in the areas of corporate & commercial laws, infrastructure laws, banking and finance, litigation, arbitration and taxation (direct and indirect) and insurance. With offices in Mumbai, Haldwani, Dehradun and Bhopal, apart from Delhi, the Firm provides premier legal advisory and litigation assistance at par with tier one law firms.

The Firm is working with some of the key players in different sectors. Anillustrative list of our clients is as follows:

24

Nike Renew Power Su-Kam Energy Systems SITACRE Sudhir Genset Times Internet UM Green VSPM - Academy of Higher Education Wipro Limited

Partners 1. Abhishek Dutta 2. Niki Kantawala 3. Rashmi Chaudhury 4. Viineet V. Srivastav

We maintain a constant stage of dialogue amongst various teams in relation the advisory services that we render thus delivering holistic views. Our litigation, corporate and taxation expertise also ensures that various perspectives are brought to bear on each assignment.

In order to meet the requirements of various Clients to meet the complexities of large and complex infrastructure, engineering and construction projects and contracts, the Firm has well equipped departments with senior resources in these areas.

Mr. Abhishek Dutta, the Chief Executive & Partner; Ms. Rashmi Chaudhury, Executive Partner; and Ms. Uttara Babbar, Counsel, have extensive knowledge and experience in large projects and contracts. The department is further strengthened by Mr. Niki Kantawala (Chairman and Executive

• • • • • • • • •

Supported by more than 15 associates and senior associates.

• Abhijeet Group, • Akhit Constructions • Ansal API, • Construction Industry Development Council • Delhi Duty Free • Delhi International Airport Limited • Eni • Ferns-n-Petals • GVK Industries, • Herd MFPL • Heinz • ICICI Bank • IDFC Bank • IL&FS group entities, • Indigo Airlines • Indus Towers • Indorama Corporation • Mizuho Bank • MMI Online • Mortice Group • New India Assurance Co. Ltd. • Nexleaf Analytics

www.solarquarter.com

IN CONVERSATION

"Raychem RPG has been leader in grid connection and insulation systems for over 28 years" solution provider for energy storage solutions and supplier for complete electrical balance of system for solar parks and distributed solar systems. Our main solar products include: • PV Container solution: 1000V and 1500 V design with single container output between 2.5 MVA to 8.5 MVA with options of 4, 5, 6 MVA solutions

Mr. Nitin Sharma, Vice President - Head Solar and Energy Storage Business Raychem RPG (P) Ltd. Let’s begin with a glimpse of your company’s presence and offerings in India?

Raychem RPG has been leader in grid connection and insulation systems for over 28 years. We bring the same expertise and bankability to the solar segment. Raychem RPG is proud to be an integral part ofone in three units of solar power generated in India. Raychem RPG solar solutions are designed for increasing ROI on solar investments by increasing energy harvest, reducing O&M cost and improving uptime.

Raychem RPG is positioned as end to end

• PV Central inverter: 1000 V and 1500 V independently modular central inverter going up to 1.5 MW single inverter • String inverter: 1 KW till 27 KW IP 66 snap in inverter design for faster execution and higher reliability with Fronius GmbH • String combiner and monitoring boxes: 1000 V and 1500 V type tested for less than 10-degree temperature rise • Solar inverter transformer: Market leaders for multi-winding solar inverter transformers • Energy storage systems: Complete end to end system design, integration and commissioning of energy storage system starting KW going up to grid connected MW scale.

• Grid connection and insulation systems What have been some of the recent developments at your organisation?

Raychem RPG won India’s first Megawatt scale grid connected energy storage system project from PGCIL. This is under execution and we are excited about the value Raychem Innovation Centre is bringing to Energy storage solutions and its integration with solar and wind hybrid projects.

We have made good development in the solar rooftop segment and a lot of channel partners are coming forward to be part of the overall growth story.

commissioning, we believe that we have a product that is certified and well suited to support latest solar PPA pricing.

What are your growth plans for the Indian market? What are the milestones you wish to achieve by the end of this fiscal?

We believe that we have good tailwind with right fit energy storage solutions and 1500 V systems. With our extensive service network, we would want to demonstrate power of technology to help developers make money in the current solar market.

Tell us a bit about the recent technology advancements in your sector?

What have been the latest trends in demand for your products & services in India? Where do you see the next demand growth coming from?

We are excited about Solar Parks moving on to 1500 V technology and integration of energy storage systems with upcoming solar park projects. Our central inverter solution is completely compliant with new draft CEA regulations confirming reactive power compensation, power factor correction, THD levels guidelines and other grid connected control systems. With over 550 MW of 1500 V inverter on groundglobally and over 750 MW in different stage of

We see the next set of demands coming from hybrid solar, wind and energy storage projects. Microgrid is another segment wherein we believe that regulators are working towards making it a viable business model. However, solar rooftop and ground mount systems will remain the mainstay for growth and innovation in medium term.

RESCO PARTNER

Renewable Energy

Bidding & Contracts Forum India 2017

MODULE PARTNER

POWERED BY

Bid Analysis, Commercials, Negotiations, Taxation & Legal 4 May 2017, Hotel Pride Plaza, New Delhi

COMPETITIVE BIDDING FOR WIND ENERGY

COMPETITIVE BIDDING FOR SOLAR ENERGY

LEGAL & TAXATION ISSUES IN RENEWABLE ENERGY CONTRACTS

BIGGEST PLATFORM TO DISCUSS KEY CONTRACTUAL ISSUES AND PREPARE FOR UPCOMING BIDDING ROUNDS IN INDIAN WIND, SOLAR AND WIND-SOLAR HYBRID PROJECTS For Delegate Registrations Pratika Jathan M: +91 99209 17136 E: register@firstviewgroup.com 25

For Sponsorship & Exhibition Aishwarya Baile / Smriti Singh M: +91 +91 7718877514 / 7718877513 E: bd@firstviewgroup.com www.solarquarter.com

- 2017

North India Solar Summit http://www.niss.org.in

Join one of the Most Prominent Solar Events in India

3 Days Full of Business Opportunities !

4 Edition of “NORTH INDIA SOLAR SUMMIT” (NISSrd th 2017) will be held from 3 to 5 March 2017 at IIA Bhawan Grounds, Gomti Nagar Lucknow. This event will showcase all kinds of Solar products, services & technologies including P.V. Solar and Concentrating Solar Thermal (CST)Technologies from within and outside the Country. Details of the event can be seen on its website: www.niss.org.in.

One Day National Solar Conclave will also be held on 4th March 2017 at IIA Bhawan Conference Hall concurrently. th

Book Stall

Stall Charges @ Rs. 6000/sq m+ S.T (www.niss.org.in/index.php?page=exenquiry) Registration at : www.niss.org.in

Attend National Solar Conclave Visit NISS

Register at : www.niss.org.in/index.php?page=vienquiry.

For further queries please contact at 8601855543/44/41 or email at: info@niss.org.in; eag@iiaonline.in.

Organizer

Co-Organizer

Date

3, 4, 5th March 2017

Venue

IIA Ground, Lucknow, U.P. India

Indian Industries Association

Sponsor

UP NEDA

Partner

Support

Official Media Partner

Print Media Partner

Online Media Partner

Subscribe Now

DATA ANALYSIS AND STATISTICS

Company Name: __________________________________________________________________ Official Address: _________________________________________________________________

Contact Email Id: __________________________ Contact Person: __________________ Contact Number: _________________________________________________________________

Issues

India

Overseas

1 Year

INR 1,493.85 (incl. taxes)

USD $ 300

2 Years

INR 2,528.85 (incl. taxes)

USD $ 600

Follow us on :

The payments should be made in the favor of “FIRSTVIEW CONFERENCES PVT LTD” via cheque or DD (payable at Mumbai, India) to the address mentioned below.

“FIRSTVIEW CONFERENCES PVT LTD” PVT LTD, Office No. S 09 C1, 2nd Floor, Haware Centurion Complex, Nerul (E), Sector 19 A, Navi Mumbai, Maharashtra, India 400 706.

Contact : Chandan Gupta Tel: +91 22 2771 7143/ 50 Email: subscribe@solarquarter.com

Publishing :

Payment Details : I have enclosed a cheque/ DD no.__________________ for Rs. ___________________ along with this form.

Or wire-transfer the amount to the following account: FIRSTVIEW CONFERENCES PRIVATE LTD Name of Bank AXIS BANK LIMITED SWIFT Code: AXISINBB072

Account No: 911020047384733

RTGS/ NEFT IFSC Code: UTIB0001365

Branch Code: 1365 (Nerul East, Navi Mumbai, India) PS: Please send a confirmation to subscribe@firstviewgroup.com.

Scan the below QR code to subscribe online

FIRSTVIEW CONFERENCES PVT LTD For Advertisement Bookings; Vipul Kumar / Ms. Smriti Singh E: advertising@firstviewgroup.com M: +91 99209 17193 / 7718877514

26

www.solarquarter.com

Harness the Power of the Sun with MSAT100TM Plug & Track | Indigenous Supply | Tested Self-Lubricated Bearings| Intelligent Information Interface (Tracked in SolarPulse) Third party reviewed | Tested for > 25 years of life

1086 MWp+ Utility Scale Solar

www.mahindrasusten.com

27

|

15 MWp Distributed Solar

|

500 MW O&M

|

4,00,000 sq.ft Sustainable Industrial Construction

|

400 MW MSAT100TM Portfolio

Email: susten.products@mahindra.com

www.solarquarter.com

100MW

275MW

28

www.solarquarter.com