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  • ExpertsExperts discuss actionable ideas for energy inclusion through Pay-As-You-Go in India at the Solar Leadership Series 1.0 by Greenlight Planet. Above (from L to R): Rajeev Palakshappa (IFC), Rajpal Duggal (Oxigen Services India), Harihara Mohapatra (CLEAN), Vivek Tiwari (Satya Microcapital) and Alexie Seller (Pollinate Energy)
The Solar Leadership Series, a proprietary event by Greenlight Planet brought together experts from across industries to explore the potential of Pay-As-You-Go (PAYG) technology in achieving energy inclusion. Aptly titled “Pay-As-You-Go: The Panacea for Energy Poverty”, this first-of-its-kind event was aimed at accelerating the pace of PAYG adoption in India. The event saw Rajpal Duggal – Oxigen Services India, Charu Chadha - GSMA, Johanna Diecker - GOGLA, Harihara Mohapatra - CLEAN, Vivek Tiwari - Satya Microcapital, Rajeev Palakshappa - IFC, Alexie Seller - Pollinate Energy, Vibhuti Garg - IISD and PAYG veteran Sanjay Bharti contribute as panelists.
 
With 240 million Indians still living off the grid, the lack of access to reliable, affordable energy, as well as limited solar financing options remain a major barrier to development. Greenlight Planet’s own PAYG technology-enabled products (EasyBuy), has seen exponential growth in Africa since its introduction in 2015. Says Dhaval Radia, Global Business Leader at Greenlight Planet, “EasyBuy benefits everyone involved. For financing partners, it reduces the credit risk involved with technology that shuts down the devices on non-payment, and for off-grid customers, it enables them to access consumer financing, aligned with their incomes and build credit history. Once they build credit history with timely repayment of these basic solar devices, it unlocks huge market of potential consumers that are currently out of the financial system. From our experience in Africa, we’ve learnt that for PAYG technologies to work, it is essential to build an ecosystem of strategic partnerships involving distribution networks, digital payment providers and financial institutions. As we entered the Indian market, the Solar Leadership Series was born as a way for us to reach across the board and build scalable business solutions together.”
 
The first panel discussion, “Digitization of Distribution and Financing Channels through Pay-As-You-Go” saw optimism in the extensive possibilities PAYG has to offer. “PAYG, with its unique data analytics advantage allows for a better understanding of customer demographics and repayment rates. This can be used to make better lending decisions by financial institutions,” said Johanna Diecker. Sanjay Bharti said that he believes PAYG could be a big push for digitization, adding “PAYG's digitised operations leads to a better product design, optimization of operations and a more controlled supply chain mechanism.”
 
The second panel discussed “Linking Energy Inclusion and Distribution Channels for BoP”. Rajpal Duggal said “Since access to clean lighting is a critical need, we may see mobile wallet use increase in India’s BoP market.” Vivek Tiwari added, “PAYG solar opens the market for small distribution companies providing solar solutions in remote rural areas.” Alexie Seller hailed PAYG as a complete package for addressing energy poverty, “The key success of PAYG in India will be real-time information exchange between solution providers and consumers.”
 
The Solar Leadership Series 1.0 reinforced Greenlight Planet’s belief that Pay-As-You-Go is the financing revolution waiting to transform clean energy access. The company has completed a series of successful EasyBuy pilots in India, and is planning to scale these learnings across current and potential partners. The next event in the Solar Leadership Series will be scheduled shortly as Greenlight Planet expects to get a deeper into understanding the challenges and way forward for the PAYG industry.

About Greenlight Planet

Greenlight Planet has sold over 7 million Sun King solar home energy products to off-grid households around the world. Greenlight Planet reaches remote, off-grid customers through a unique business model involving a vast network of micro entrepreneurs, more than 400 global strategic distribution partners, and its proprietary EasyBuy (“pay-as-you-go”) installment payment technology that makes safe, high-quality solar energy products affordable for all. Winners of 2016 Ashden Awards, Greenlight Planet is currently present in 60+ countries and serves over 25 million consumers. Find out more at https://www.greenlightplanet.com

About EasyBuy

https://www.greenlightplanet.com/easybuy/

Read more: Solar Leadership Series - Greenlight Planet Sets...

Dubai Electricity and Water Authority (DEWA) has achieved another world record by awarding the 700MW AED14.2 billion fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the largest single-site Concentrated Solar Power (CSP) project in the world, based on the Independent Power Producer (IPP) model. The contract is awarded to a consortium comprising Saudi Arabia’s ACWA Power and China’s Shanghai Electric.

 

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170916005007/en/

 

DEWA project will have the world’s tallest solar tower, measuring 260 metres (Photo: AETOS Wire)

DEWA project will have the world’s tallest solar tower, measuring 260 metres (Photo: AETOS Wire)

The consortium bid the lowest Levelised Cost of Electricity (LCOE) of USD 7.3 cents per kilowatt hour (kW/h). The project will have the world’s tallest solar tower, measuring 260 metres. The power purchase agreement and the financial close are due to be finished shortly. The project will be commissioned in stages, starting from Q4 of 2020.

 

“Awarding this strategic project supports the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainability, and make Dubai a global centre for clean energy and a green economy. This vision is supported by the Dubai Clean Energy Strategy 2050 to increase the share of clean energy in Dubai’s total power output to 7% by 2020, 25% by 2030, and 75% by 2050.

 

“Our focus on renewable energy generation has led to a drop in prices worldwide and has lowered the price of solar power bids in Europe and the Middle East. This was evident today when we received the lowest CSP project cost in the world,” said HE Saeed Mohammed Al Tayer, MD&CEO of DEWA.

 

The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world, based on the IPP model. It will generate 1,000MW by 2020 and 5,000MW by 2030. The 13MW photovoltaic first phase became operational in 2013. The 200MW photovoltaic second phase of the solar park was launched in March 2017. The 800MW photovoltaic third phase will be operational by 2020, and the first stage of the 700MW CSP fourth phase will be commissioned in Q4 of 2020.

 

*Source: AETOS Wire

 

 

 

 
MULTIMEDIA AVAILABLE :
http://www.businesswire.com/news/home/20170916005007/en/
Read more: DEWA Awards AED14.2 Billion Largest CSP Project...

India's Biggest Solar Technology Awards. By The Industry, For The Industry.

SolarQuarter is proud to announce the results of Biggest Online & Web Solar Awards Ceremony, SOLARQUARTER CONSUMER CHOICE AWARDS 2017.

The Winners are as follows:  

String Inverters - 1000 VDC RPI-M50A Storage Integrated Rooftop Solar (OPEX) Rooftop Solar (RESCO)

Delta Power Solutions India Pvt Ltd  

Amplus Energy Solutions Pvt Ltd

Fourth Partner Energy Pvt Ltd
O&M Services - Rooftop Scale Solar Modules - 1000V, <1000V - ES315P72  (315Wp, 72 Cells Multi) Engineering Consultancy Services

 

 

 

Fourth Partner Energy Pvt Ltd EMMVEE Photovoltaic Power Pvt Ltd SgurrEnergy India Pvt Ltd
Utility Scale, Mounting Structures & Solar Trackers Utility-Scale / Groundmount Solar EPC O&M Services - Utility Scale, Rooftop Scale

Mahindra Susten Pvt Ltd Mahindra Susten Pvt Ltd Mahindra Susten Pvt Ltd
Rooftop Solar EPC - New & Trend O&M Services: Rooftop Scale - New & Trend Rooftop Solar EPC

PowerSun India Pvt Ltd

PowerSun India Pvt Ltd

Navitas Green Solutions Pvt. Ltd.

Solar DC Cables    

Apar Industries Ltd    

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  • AzureAzure Power|New York Stock Exchange
Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that it has won a 50 MW solar project in an auction conducted by Solar Energy Corporation of India (SECI), a company of the Ministry of New and Renewable Energy, Government of India. This 50 MW allocation is the largest rooftop allocation done by SECI to a solar power developer, approximately 14% of the total allocated capacity of 360 MW announced. Azure Roof Power will provide power for 25 years to various Government of India buildings across states and union territories of Chandigarh, Chhattisgarh, Delhi, Haryana, Kerala, Odisha, Punjab, Rajasthan, Uttar Pradesh and West Bengal. The power will be sold at a tariff range of INR 3.19 - 3.97 (US$ 0.05- 0.06) /kWh based on location. In addition, Azure Power qualifies for a capital incentive from SECI, which is expected to result in a weighted average levelized tariff of INR 4.65 (~US $0.07) /kWh.
 
Azure Roof Power offers superior rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas (GHG) emission reduction targets. With over 150 MWs of high quality, operating and committed solar assets across 19 states, Azure Roof Power has one of the largest rooftop portfolios in the country. Azure Roof Power has a well-diversified customer base with majority portfolio contracted with Government of India backed entities. Azure Roof Power customers include large commercial real estate companies, a leading global chain of premium hotels, distribution companies in smart cities, warehouses, Delhi Metro Rail Corporation, Indian Railways, Delhi water utility company and various Government of India Ministries.
 
Commenting on the occasion, Mr Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “Azure Roof Power offers tremendous value to our customers across various segments. We are pleased to announce our latest win with Solar Energy Corporation of India to electrify Government of India buildings across 10 states. With this win, we have once again demonstrated our strong project development capabilities and are delighted to make this contribution towards realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

About Azure Power
 
Azure Power (NYSE: AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 22 states/union territories. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.
 
For more information, visit: www.azurepower.com.
 
Forward Looking Statements
 
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the U.S. Securities and Exchange Commission, or SEC, from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

Read more: Azure Roof Power to Electrify Government of...

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  • AzureAzure Power solar power project | Uttar Pradesh | 50 MW
Azure Power (NYSE: AZRE), a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power plant in the state of Uttar Pradesh. The 50 MW project is spread across 300+ acres of land.

Azure Power will provide power for 25 years at a tariff of INR 4.78 (~US$ 0.07) per kWh to NTPC, the largest power utility of the Government of India. NTPC received a AAA debt rating from CRISIL, a Standard & Poor’s Company. Azure Power secured the 50 MW PPA through an auction under the National Solar Mission Phase II, Batch-II Tranche I.

Uttar Pradesh is the most populous state in India and has a large peak energy supply deficit, according to the Central Electricity Authority. In addition, CRISIL projects that over 10 million unelectrified households will be connected by 2019. Azure Power is one the largest solar developers in Uttar Pradesh and built the first utility-scale solar project in Uttar Pradesh in 2015.

Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “With the commissioning of this plant, we have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make a contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the state of Uttar Pradesh for all the cooperation and support extended.”

About Azure Power

Azure Power (NYSE:AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 22 states/union territories. With over 150 MWs of high quality solar rooftop assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.
For more information, visit: www.azurepower.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future financial and operating guidance, operational and financial results such as estimates of nominal contracted payments remaining and portfolio run rate, and the assumptions related to the calculation of the foregoing metrics. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the U.S. Securities and Exchange Commission, or SEC, from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

Read more: Azure Power Commissions a 50 MW NTPC Solar...

Tigo®, pioneer of the smart modular Flex MLPE platform, announced the launch of three new "Duo" covers to its TS4 add-on / retrofit solution: TS4-R-O-Duo (Optimization), TS4-R-S-Duo (Safety), and TS4-R-M-Duo (Monitoring). The TS4-R-X-Duo brings smart module functionality to standard PV modules, adds smart features to new PV installations, and upgrades underperforming PV assets. With UHD-Core technology and expanded specifications, the Duo supports two PV modules connected in series with a combined power of up to 700W and a combined voltage of up to 90V.

 

With a universal base and a range of covers containing flexible module-level power electronics (Flex MLPE), Tigo's Duo increases freedom of choice when selecting features for any project and budget. All three Duo covers work with any inverter and any module within its electrical specifications. This new addition is fully compatible with Tigo's current shipping products. Customers can design Smart PV Systems by mixing any of the TS4 products for the highest cost-efficiency. The Duo also supports Tigo's unique Selective Deployment capabilities. Both the TS4-R-O-Duo (Optimization) and TS4-R-S-Duo (Safety) are NEC 690.12 rapid shutdown compliant and pending approval by Underwriters Laboratories (UL).

 

"Around the world, we have received requests for an add-on product that is optimized, safe, and monitored for commercial-sized products," says Zvi Alon, CEO at Tigo. "Now, we are meeting those demands with the most flexible MLPE which is also widely recognized in the market for the highest ROI."

 

Tigo's Duo provides PV systems with faster installation, integrated monitoring, 99.6% efficiency, compatibility with 60-cell modules, and module-level voltage shutdown. The Duo covers are shipping now. For price and delivery call +1.408.402.0802 ext. 1, email This email address is being protected from spambots. You need JavaScript enabled to view it., or visit www.tigoenergy.com.

 

About Tigo

 

Tigo is a Silicon Valley company founded in 2007 by a team of experienced technologists. Combining a unique systems-level approach with expertise in semi-conductors, power electronics, and solar energy, the Tigo team developed the first-generation Smart Module Optimizer technology for the solar industry. Tigo's vision is to leverage integrated and retrofitted Flex MLPE and communications technology to drive the cost of solar electricity down. By partnering with tier 1 module and inverter manufacturers in the industry, Tigo is able to focus on its key innovation with the smartest TS4 modular platform and leverage the broader ecosystem. Tigo has operations in the USA, across Europe, Latin America, Japan, China, Australia and the Middle East. Learn more at www.tigoenergy.com.

 

 

 

 
Read more: Tigo Targets High Power 700W PV Modules with...

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