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Solar PV = The ability to produce energy, anytime
and almost anywhere
Wind
Geothermal
Solar Thermal Thermal
Tidal
Nuclear
Biomass
Index
The Landscape
Perceptions on Feasibility
The Applications
The Challenges
Breaking the Shackles
About Us
Takeaways
The Landscape
The Landscape
Total generation capacity cumulative: 288GW
Per capita electricity generation of 1010kWh.
Per capita consumption of power is approx. 750kWh.
300 million still without electricity.
Cities consume approx. 20-25% of the power.
With tepid industrial growth and a soft market, how do we become smarter,
how do we connect the unconnected?
Perceptions on Feasibility
Returns and the notion of Feasibility
Let‟s assume you have invested Rs 1 crore in a flat in Mumbai in 2015. If
you could travel to 2065 and find your grandchild selling it for Rs 117
crore, will you think that you‟ve made a great investment?
Courtesy: http://forbesindia.com/article/investment-guide-2015/return-is-king-in-real-estate/
The actual return on this investment is just 10 percent per annum, and even that
is prior to the payment of capital gains tax.
Returns and the notion of Feasibility
Stock markets
Dow Jones: 10.4% (1990-2009)
Real Estate
India: 14-15% (2000-2015)
Industries (Net profit)
US: 7%-13% (2015)
Tax-free Bonds
India: 7-9%
Gold: 6: 5-7% (1990-2016)
The Applications
Applications with Breakout Potential
Solar Water Pumps (SWP)
Solar Rooftops
Solar Microgrids
Solar on Wastelands
Private & Confidential
SWP: A boon for India
India is the largest groundwater user in the world. Potential to measure water
consumption.
Urban pumping requirements are huge today.
Consider the bills being paid by societies and complexes for pumping from the
ground and distribution of water.
Life of 25 years, with pump replacement required.
Diesel prices are increasing
day by day
Polluting nature of Diesel
Pump
Ever-increasing Tariffs, T&D
installation and opex costs
Private & Confidential
The Economic Case for SWP’s without Subsidies
Consider a case of a 3HP pump being used in a residential complex.
If it runs for 10 hours a day, it uses about 36-38 units of power.
This is equivalent to 13140 units of power per year.
Hence, at Rs. 8.5/kWh, the annual bills for pumping only are Rs. 1,11,690.
A 3HP Solar Pump costs Rs. 2,95,000.
An IRR in excess of 33%, after considering all expenses.
Approx. 2 years
Approx. 3.2 years
Approx. 4.8 years
Private & Confidential
Solar Rooftops for Urban India
Solar PV Rooftops are possible on all kinds
of roofs.
Ideal for placement on residential,
commercial or industrial.
Dead load in range of 16-25 khgs/Sq. Mtr.
Life of 25 years.
Low-maintenance with cleaning of panels required.
Private & Confidential
The Economic Case for Solar Rooftops
Consider a case of a commercial complex with a 30kW Solar Rooftop
If generates approximately, 120 units per day, considering seasonal changes.
This is equivalent to 43,800 units of power per year.
Hence, at savings of Rs. 8/kWh, the annual bills saved are Rs. 3,50,400.
A 30kW Solar Plant will cost about Rs. 20 lakhs.
An IRR in excess of 14%, after considering all expenses. Remember gold?
Approx. 2 years
Approx. 3.2 years
Approx. 4.8 years
Solar Microgrids
300 mn+ people without access to electricity
Smart AC microgrids with 24-hour electricity supply. It is cheaper to build
micro-grids than to create and maintain infrastructuure.
Tamper-proof prepaid meters resulting in “Pay-as-you-go” Solar PV.
Theft-proof cabling with complete underground infrastructure.
Also available: Batteries with 8-9 year life on offer.
480kW at Shapur, Junagadh
Private & Confidential
Solar on Wastelands
Solar PV requires 3.5-4 acres of land per MWp of installation.
Out of the 3,166 lakh hectares of land area, approximately 15% is
wasteland which comes to 465 lakh hectares.
This can accommodate approximately 32,000GW of solar plants.
Even 5% of the above will generate, 1600GW i.e. 320GW. Our current
capacity for all power sources in country is 288GW.
Clearly, a closer look at wastelands can provide the solar sector with
optimal land for use.
Private & Confidential
The Economic Case for Solar on Wastelands
Consider a case of a 5 MWp Grount-mount Solar Plant.
It will generate about 22000 units of power daily considering seasonal variations.
Its CAPEX including land (wasteland) would be Rs. 30 crore.
The term loan of 10 years on 70% needs to be considered at 12% Interest.
Given the above, and considering following:
Life of 15-years
Total generation = 12,00,00,000 (12 crore units)
CAPEX = Rs. 30,00,00,000 (30 crores)
O&M = Rs. 2,50,00,000 (2.5 crores)
Interest = Rs. 16,00,00,000 (16 crores)
Equity contribution is recovered within first year due to tax savings.
Lifecycle Cost of Energy Produced for Solar PV would be less than Rs. 4/unit.
Approx. 2 years
Approx. 3.2 years
Approx. 4.8 years
Breaking the Shackles
Private & Confidential
Breaking the Shackles
Help common man by making processes easy. France has made it mandatory.
Emphasis on long-term and not short-term in investor mindset.
Remove subsidies, allow market modes to flourish. Adopt Interest Subvention or T&D Bonds
for raising money.
SWP‟s and off-grid applications such as Microgrids will become a reality.
Conduct an in-depth study of Lifecycle Costs of Coal, Diesel and Solar PV. Include all
environmental, health and economic costs.
Create a Carbon Replacement Fund. Incentivise „carbon reduction‟.
Financiers should look at applications like SWP‟ as they see tractors.
About Us
Company Introduction
Shashwat Cleantech Pvt. Ltd. (formerly known as Shashwat Green Fuels & Technologies (I) Pvt.
Ltd), is a clean technology company founded in 2009, based in Ahmedabad, Gujarat.
We believe that the use of resources will only be
made more efficient, if clean technologies are made mainstream.
Vision: A holistic planet built on the minimal usage of fossil
fuels
Mission: To commercialize clean technology solutions in
energy and water
Private & Confidential
Solar Energy Projects
Solar Energy Products
Efficient Lighting Products
Customized Lighting Projects
Waste Efficiency Projects
Manufacturing & Distribution
Solar Lighting Systems
Solar Pumps
Solar Fencing
Customized Solar Packs
Engineering, Procurement &
Construction
Waste to Energy Projects
What do we do?
Engineering, Procurement &
Construction
Rooftop Solar PV
Ground-mount Solar PV
Manufacturing & Distribution
LED Indoor Lighting
LED Outdoor Lighting
Engineering, Procurement &
Construction
LED Lighting Projects
Why us?
Quickest to reach 70MWp in Solar PV Project Services.
India‟s first Solar PV based village.
World‟s first Solar Pump-based Microgrid.
India‟s largest residential rooftop.
First company in India to have installed more than 100kW on pre-engineered buildings using
specially fabricated mounting structures.
The highest solar photovoltaic project at a height of 300 feet from ground has been installed
by us.
Only EPC company in India to have installed a MW-scale plant within 19 days.
All systems installed by us are PID-free.
A thought
Even the volume of C02 generated by a sparsely populated country such as
Australia beggars belief.
Imagine a pile of 200 litre drums, ten kilometres long and 5 kilometres across.,
stacked 10 drums high. That would be 1.3 billion drums, the number required to
hold the CO2 that pours out of Australia’s power stations everyday.
And Australia accounts for less than 2 percent of global emissions.
Hence, imagine a pile of drums, 250 kilometres across and 500 kms long. Every
day!
- Michael Flannery, The Weather Makers
Carbon stays in the atmosphere for a 100 years.
