Solar Energy - Why Invest in Solar?

Preview:

DESCRIPTION

Solar Energy is gaining immense popularity especially in a Solar-rich and power-deficit Country like India. This presentation is primarily about why a business owner, plant owner or an investor should invest in Solar Energy to gain various benefits including incentives, tax benefits, 80% Accelerated depreciation etc.

Citation preview

SOLAR ENERGY

WHY INVEST IN SOLAR POWER

POWER PROJECT?

ENERCO ENERGY SOLUTIONS LLP (MUMBAI)

INTRODUCTION

� Enerco Energy Solutions LLP – Green Company

focused on Solar Energy and Energy

Optimization Solutions and Services

� Comprehensive Services from Concept to

Commissioning in PV Solar Project

development

www.econserve.in

INTRODUCTION (CLIENTS)

www.econserve.in

INTRODUCTION

(SERVICES & SOLUTIONS)

� PV Solar Project Consulting (Rooftop & Ground)

and Design

� Energy Consulting (Energy Audit, Solar Plant

Audit, Power Quality Audit)

� PV Solar Project Execution on EPC basis

� ISO 50001 Energy Management Consulting

� Industrial Electrical Safety as per IEC Stds.

www.econserve.in

ABOUT US

(OUR SOLAR INSTALLATIONS)

Installation in progress

www.econserve.in

ABOUT US

(OUR SOLAR INSTALLATIONS)

Inverter Control Room

and Rooftop with

Installed Panels www.econserve.in

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Nearly ZERO / Negligible running Costs – which

no other technology can offer

� Reasonably predictable as compared to Wind

� Ideal for major Geography of the Country as

against Hydro, Wind, Biomass etc.

� Shortest Energy Payback (2-5 years)

� Modular and Scalable as against Wind and

Biomass

www.econserve.in

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Silent Power Generation – Can be closer to

human habitat

� Does not need Water like Solar Thermal –

hence can be used in Isolated Desert lands

� PV has one of the best life (20-30 years)

� No by-product or waste generated like Biomass

� Does not need any fuel – except Sunlight –

which is practically infinite

www.econserve.in

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Generation-load proximity ensures Extremely

Low Losses

� Can utilize unutilized rooftop space – even for

larger installations

� No moving parts

www.econserve.in

WHY INVEST IN SOLAR?

WHY INVEST IN SOLAR?

� India is a Solar-rich Country with good Solar

radiation especially in Rajasthan, Madhya

Pradesh and Gujarat

� Government focus on boosting investments in

Solar Power through Solar Mission

� Long-term gains through 20+ years Power

Purchase Agreement – the only business with a

buyer for a very long period of time

www.econserve.in

WHY INVEST IN SOLAR?

� 80% Accelerated Depreciation

� 10 year Tax holiday on revenue generation from

Solar Power

� PV Solar is maintenance free with negligible

maintenance and manpower requirement

� Low gestation period : multi-MW level projects

could be installed in months

� FREE Solar power once the initial investment is

recovered in 5 years (subject to conditions)

www.econserve.in

WHY INVEST IN SOLAR?

www.econserve.in

WHY INVEST IN SOLAR?

� Solar Energy is the ideal option for

� Profit making Companies wishing to avail 80%

accelerated depreciation for tax savings

� Industrial plants who wish to bring down the cost of

production by consistent and low cost of Solar

Power generation

� Investors looking to make long-term gains from

preferential tariff

www.econserve.in

THANK YOU

ENERCO ENERGY SOLUTIONS LLP (MUMBAI)

+91 9890737447

+91 22 42643671

+91 9022545622

solar@econserve.in

WWW.ECONSERVE.IN