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- Having completed 50+ storage projects with major BESS providers globally, we plan to make use of our experience in BESS projects in South Asia.
- With the shift from solar-only to solar + storage solutions, we offer a fully compact and competitive product to establish the behind-the-meter storage market.
- In 2023 we are expecting to go even further. Our distributor network will expand to North India, South India, and East India by Q1 2023.
How has the year 2022 been for your company overall?
2022 has seen tremendous growth for the company. With 60 employees worldwide, Elum Energy has already equipped over 1000 sites in more than 50 countries. Our company covers more and more countries in South Asia, including India, Pakistan, Sri Lanka, and Bangladesh, where we observe steady growth for Solar-Diesel Integration controllers due to the rise in fuel prices and anticipate strong interest in BESS projects. Thus, we have successfully established ourselves in the market with great projects such as a solar-diesel integrated rainforest resort, goods factory, and washing plant to name a few. Additionally, we are working on several utility-scale solar projects following CEA regulations in 2023. We will provide our PowerPlant Controllers with SCADA, our monitoring and control system for large-scale power plants, designed to meet the needs of the Indian market and comply with network codes.
What is your outlook on the Indian solar market in the next couple of years?
We anticipate that the government target of 500GW by 2030 in renewable energy will boost different market segments of solar, especially for C&I and utility-scale projects. Besides, the Indian market is poised for steep growth in the Battery Storage sector. The PLI (Production Linked Incentives) schemes and the government’s interest in “Make in India” storage will attract many new customers to replace or minimize the use of diesel generators. Made-in-India storage will also reduce the cost of batteries, which make up a significant portion of the project’s cost. With lower battery costs, India is expected to undertake more storage projects, which will ultimately lead to an increase in EMS and SCADA demand. Having completed 50+ storage projects with major BESS providers globally, we plan to make use of our experience in BESS projects in South Asia. An example of this is a project we completed earlier this year at a bottling facility in Cambodia. We added ePowerControl MC to a hybrid system of solar energy and battery storage. The battery is used for grid forming, while the diesel generators in the grid follow. Our control solution eases solar battery integration while maximizing PV penetration.
What products have you recently launched?
In 2022, we launched ePowerControl ES, enabling us to successfully handle small and medium-scale storage projects ranging from 100 KWh to 300 KWh in India, where energy storage systems are expected to be of interest. With the shift from solar-only to solar + storage solutions, we offer a fully compact and competitive product to establish the behind-the-meter storage market. In addition, the new version of our monitoring platform ePowerMonitor will help the O&M and Asset management teams to keep their plant performance and KPI in check. Our data-visualization platform can monitor the performance of power plants with multiple energies giving users a comprehensive understanding of their site.
How are your customers going to benefit from your product?
Our controllers are plug-and-play and brand agnostic. They can adapt to various applications from self-consumption to grid-tied utility-scale projects. Since most projects in India are grid-tied, our controllers are pre-installed with standard requirements such as Peak Shaving, Time of Use Management, DG Mitigation, Voltage and Frequency Regulations to facilitate smooth installation. Additionally, users can configure their parameters remotely with our e-configuring tool. Which brings autonomy to the client and allows ease of implementation. We are also deploying a large network of partners to ensure strong local support. In 2023 we are expecting to go even further. Our distributor network will expand to North India, South India, and East India by Q1 2023. Our products will be more available in the local markets covering a large number of applications. For more information, feel free to visit our website at http://www.elum-energy.com