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Krannich Solar and Fimer Enter Into Strategic Partnership – Live Discussion, Join Now!

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Krannich Solar, one of the leading distributors for photovoltaics worldwide has signed a collaboration agreement with FIMER, the fourth largest solar inverter supplier in the world for the distribution of their inverters in Indian market. The alliance will strengthen the competitiveness through leveraging each other’s competencies and experience and ensure the most efficient and reliable deliveries to the customers.

As one of the top solar inverter suppliers in the world, FIMER has an extensive portfolio of string, central and legacy inverters. FIMER offers a wide range of single and three phase PV inverters ranging from 1.2 kW to 5 MW. FIMER is enriching the Krannich product range with high end energy solutions suitable for residential and commercial projects.

We are very pleased to start working together with FIMER” says Sandeep Banodiya, Sales Director of Krannich Solar India. “The inverters compliment our product range very well as they will offer our customers excellent quality and significant added value. With FIMER we will create a winning partnership in the India like other countries. With FIMER we have a partner that has built up an excellent reputation for quality and reliability.”

“We have a global partnership with Krannich and we would like to strengthen this further with our relationship in India”, says KN Sreevatsa, Country Head of FIMER in India. “Krannich has an excellent team and will be our national partner to enhance our presence in India. We shall offer our entire range of string inverters with our partnership which will help our customers with ease of doing business. We are excited to partner with Krannich in this new era of FIMER”.

Fimer is going to showcase its wide array of string inverters at 3pm on 3rd July, in the webinar. The company will also be discussing about the Fimer – Krannich partnership, join now: https://bit.ly/2CY82Xz

Multiply Group Acquires 80% Stake In International Energy Holding

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Multiply Group have acquired 80% of International Energy Holding, under which it aims to continue expanding the Group’s utilities and energy investments globally.

The company recently acquired a 50% stake in Kalyon Enerji Yatrimlari A.Ş., a market-leading clean and renewable energy company based in Turkey. Kalyon Enerji’s assets include the PV power plant project with an installed capacity of 1,347.734 MWp / 1,000 MWe in Konya’s Karapinar region and other renewable energy projects in various cities of Turkey.

Samia Bouazza, CEO and Managing Director at Multiply Group, said, “Our investment in International Energy Holding reflects our strategy to build up our utilities vertical which has contributed to our financial performance with a steady income, considering the current macroeconomic backdrop. The industry also offers strong growth potential as the world transitions towards clean and renewable energy. This also reflects our commitment to advancing the renewable and clean energy agenda in line with the goals of the UAE government.”

Multiply Group is a technology-focused holding company listed on the Abu Dhabi Securities Exchange (ADX).

SolarEdge Joins Rocky Mountain Power’s Wattsmart Battery Program Offering Integrated Solar+Storage

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SolarEdge Joins Rocky Mountain Power’s Wattsmart Battery Program Offering Integrated Solar + Storage

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SolarEdge Technologies, Inc. (SolarEdge), and grid operator Rocky Mountain Power announced the qualification of the SolarEdge Home Battery to join Rocky Mountain Power’s award-winning Wattsmart Battery program.

This marks an important next step in Rocky Mountain Power’s efforts to leverage customer-generated solar power along with battery technology in the homes of over 60,000 existing rooftop solar customers in Utah and Idaho. SolarEdge’s addition will improve grid stability, enable greater use of renewables, and keep costs among the lowest in the nation.

Launched in 2021, the Wattsmart Battery program utilizes a growing fleet of residential batteries to help manage the electric system during peak usage periods.

The groundbreaking program has over 3,000 batteries currently enrolled in Utah and Idaho. The SolarEdge partnership will allow Rocky Mountain Power to take advantage of the fast response and accurate cloud control of SolarEdge smart inverters and distributed batteries to help balance the grid in real-time while building toward the grid of the future.

“Wattsmart is an innovative program, but what really sets it apart from other VPPs is the speed of deployment. While typical demand-response programs work on a day-ahead basis, the Wattsmart program is designed to respond on-demand with almost immediate response in unplanned grid events,” said Peter Mathews, SolarEdge North America general manager. “The more flexibility and speed battery assets can provide, the more valuable they are to grid operators – both as a contingency and frequency reserve. As we continue to move towards a net-zero economy, this level of optimization will become the standard for VPP models, allowing grid operators such as Rocky Mountain Power to build a resilient and flexible distributed energy grid of the future.”

Homeowners joining the Wattsmart Battery program with the DC-Coupled SolarEdge Home Battery will benefit from higher efficiency due to its ability to directly store DC power from the sun, reducing the number of energy conversions and reducing energy loss.

“When a customer participates in the program, they are partnering with Rocky Mountain Power to innovate for the future and become part of a sustainable energy grid solution,” said Bill Comeau, Rocky Mountain Power vice president of customer experience and innovation. “The SolarEdge Home Battery, along with its advanced grid-connectivity capabilities, will help us to advance that effort.”

SolarEdge’s integrated solar + battery storage solution meets the utility’s demands for rapid and flexible deployment of backup power and provides enhanced energy efficiency for solar rooftop owners.

The Wattsmart Battery program utilizes a growing fleet of residential batteries to help manage the electric system during peak usage periods.

Coro Energy Announces Successful Completion Of Commissioning Of The Vietnam Rooftop Solar Pilot Project

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A file photo of Coro Energy

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Coro Energy PLC, the South East Asian energy company with natural gas and clean energy portfolio, announces the successful completion of the commissioning of the Vietnam rooftop solar pilot project.

As a result, the 3-megawatt pilot project, consisting of over 4,500 solar panels and other ancillary components which has been installed across four factory roofs in Vietnam and covers a total area of 16,120 square metres is now delivering electrical power which is being consumed on site by Phong Phu Corporation, one of Vietnam’s premier textile manufacturers under a 25-year power purchase agreement and is expected, at current pricing levels, to produce net cash flows to the Group of approximately $0.3m per annum.

With the Project now in commercial production, due diligence and technical assessments are underway with regards to potential clients and locations for additional rooftop solar projects and further announcements will be made, as appropriate, in due course.

Michael Carrington, Managing Director: Renewables, commented, “We are delighted to now be producing power and to have commenced our first revenue stream in Vietnam. The whole team, including Coro’s partner and suppliers, has performed exceptionally well in delivering this maiden project, and I am very proud of what has been achieved safely, on schedule and on budget. We have set a high bar for future projects, but we now know our capabilities and look forward to rapidly building our solar portfolio.”

EGAT, Chiyoda, And Mitsubishi Share Knowledge Of Green Energy Technologies

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A file photo of EGAT, Chiyoda, and Mitsubishi share knowledge of green energy technologies

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EGAT, Chiyoda Corporation, and Mitsubishi Corporation signed the memorandum of understanding for knowledge sharing and study of carbon capture, utilization, and storage (CCUS) and green energy to be applied at the power plants and reduce greenhouse gas emissions to achieve carbon neutrality.

Mr Prasertsak Cherngchawano, Deputy Governor – Power Plant Development and Renewable Energy of the Electricity Generating Authority of Thailand (EGAT), as a representative of EGAT, signed a memorandum of understanding for studying carbon capture, utilization, and storage (CCUS) and clean energy with Mr Kimiho Sakurai, Associate Director – Division Director, Business Development Division of Chiyoda Corporation and Mr Arihiro Nakamura, General Manager – Infrastructure EPC Management Office Plant Engineering Division, Industrial Infrastructure Group of Mitsubishi Corporation. Dr Narin Phoawanich, EGAT Assistant Governor – Power Plant Engineering and Construction, as the witness, also joined the virtual event on September 26, 2022, at the Second Asia Green Growth Partnership Ministerial Meeting (AGGPM) held by the Ministry of Economy, Trade and Industry.

Mr Prasertsak Cherngchawano said that the collaboration to exchange knowledge and study green energy technologies between EGAT, Chiyoda Corporation, and Mitsubishi Corporation will promote knowledge of clean technology deployment, including CCUS and the use of hydrogen and ammonia as a fuel for power generation to reduce carbon dioxide emissions coupled with sustainable energy security. All of these technologies will drive Thailand toward carbon neutrality by 2050 as stated in COP26 held in November 2021.

Adani Green Energy Forms 3 New Stepdown Subsidiaries For RE Business

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Adani Renewables
Adani Green Energy Forms 3 New Stepdown Subsidiaries For RE Business

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Adani Renewable Energy Holding Four Limited has created three new subsidiaries companies to support its renewable energy business.

Adani Green Energy Ltd (AGEL) in a statement said that Adani Renewable Energy Holding Four Limited is its own subsidiary and the newly incorporated entities are its step-down subsidiaries.

Adani Renewable Energy Holding Four Limited has established 3 new subsidiaries, namely Adani Renewable Energy Thirty Six, Adani Renewable Energy Forty Limited and Adani Renewable Energy Forty Seven Limited.

The main purpose of the new subsidiaries is to produce, develop, transform, distribute, transmit, sale and supply any type of power or electrical energy using solar, wind or other renewable sources.

The subsidiaries were registered with Gujarat at Ahmedabad’s Registrar of Companies on October 3, 2022. They are yet to start their business operations.

MNRE Issues Clarification on Applicability of CFA for Solar Rooftop Programme Ph-II Under VNM Arrangement

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MNRE Issues Clarification on Applicability of CFA for Solar Rooftop Programme Ph-II Under VNM Arrangement

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The Ministry of New and Renewable Energy (MNRE) issues clarification on applicability of Central Financial Assistance (CFA) available under Rooftop Solar (RTS) Programme Phase-II for solar systems installed under Virtual Net Metering (VNM) arrangement.

The Ministry is implementing Rooftop Solar Programme Phase-II for which the guidelines were issued in August 2019. Under this Programme 4000 MW rooftop solar (RTS) capacity addition is targeted in residential sector through Central Financial Assistance (CFA) by individual household or by GHS/RWA.

Some of the States and UTs are having provision of VNM, wherein a group of consumers of a Distribution company can install a solar plant within the area of the same company and avail benefits of net metering against the solar power fed into the grid from that solar plant.

A clarification has been sought by different stakeholders on the applicability of CFA available under RTS Programme Phase-II for residential consumers installing solar plants under VNM arrangement.

In this regard, the ministry said that the CFA applicable under RTS Programme Phase-II of MNRE will also be applicable for solar plants set up under VNM arrangement, subject to following conditions: –

i. CFA would be available only for residential consumers of rural areas,
ii. Considering that connected load of a residential consumer in rural areas would generally be not more than 3 kW, each participating consumer under VNM would be allowed to install capacity upto 3 kW and avail subsidy available under RTS Programme Ph-II.
iii. Solar plant installed under VNM shall supply power to the same distribution sub-station (HT or LT side) through which the participating consumers are connected. This will ensure reliable power supply to the participating consumers and other benefits of co-locating power generation and consumption.

Further, to facilitate the installation of solar plants under VNM arrangement the ministry has prepared a Concept Note covering some of the possible business models including CAPEX, RESCO and Utility operated model.

View the Concept Note on Virtual Net Metering:

CrossBoundary Energy Access Finances Engie’s Solar Mini-Grid Projects in Nigeria

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CrossBoundary Energy Access Finances Engie’s Solar Mini-Grid Projects in Nigeria

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CrossBoundary Energy Access (CBEA), Africa’s first project finance platform for mini-grids, has joined hands with Engie Energy Access for electrification in Nigeria. CBEA has committed to invest $60 million in green mini-grid projects developed by the subsidiary of French group Engie.

Engie Energy Access has signed a financing agreement with CBEA which concerns the development of solar mini-power plants in rural communities in Nigeria. The two companies are committed to deploying these grid-equipped plants within the next four years and providing electrification for at least 150,000 people.

Under the recently announced agreement, Engie Energy Access will operate and maintain the solar mini-grids after their construction and commissioning. The renewable energy company will ensure clean, reliable electricity for residential, commercial, and generation customers, while providing high-quality, customer-centric services.

Engie and CBEA are executing this deal under the Nigeria Electrification Project (NEP), implemented by the Rural Electrification Agency (REA), with funding from the World Bank. This portfolio of solar mini-grids will benefit from the Performance Based Grant (PBG) in Nigeria, a mechanism that supports the projects of several electricity providers in the country.

Annette Mumbi, Associate Director at CBEA, mentioned their improved project financing approach for green mini-grids to deploy capital faster and more efficiently by investing in procurement. This has enabled the developers to build and commission mini-grids at a faster pace. The recent agreement with Engie is one of the many steps towards closing the energy gap in Africa.

Gillian-Alexandre Huart, CEO of Engie Energy Access, said, their partnership with CrossBoundary Energy Access reflects the company’s long-term commitment as a leading clean energy solutions provider in Africa. This agreement will connect marginalized rural communities in Nigeria with clean and affordable technologies as well as promote productive usage of energy which is a key to growing resilient economic networks in these regions.

The pipeline of solar mini-grid projects will strengthen Engie’s presence in Nigeria and expand its energy access track record across Africa. With this partnership, Engie will have a direct impact on the agricultural productivity, construction, and industrial activity in the rural communities thereby increasing the earning potential of the people across Nigeria.

The financing structure between CBEA and Engie in Nigeria provides a framework for bringing more private capital into the clean energy sector. The agreement represents further progress in Africa’s mini-grid sector as it will expand access to electricity to grid-unserved communities, creating economic growth and increasing socio-economic welfare in the region.

Starsight Energy and SolarAfrica Merge to Create One of the Largest C&I Solar Energy Providers in Africa

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Starsight Energy and SolarAfrica Merge to Create One of the Largest C&I Solar Energy Providers in Africa

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Leading solar energy providers in Africa, Starsight Energy and SolarAfrica, merged to become one of the largest commercial and industrial (C&I) solar companies in the continent. The merged group will accelerate its expansion in eastern, southern, and western Africa, and is also planning for pan-African diversification.

The Starsight Energy/SolarAfrica alliance is backed by Helios Investment Partners and African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments. The group now comprises a portfolio of over 220 MW of operated & contracted renewable energy capacity and 40 MWh of battery energy storage, along with an additional pipeline exceeding 1 GW.

The merging, which has yet to be approved by the relevant authorities, has been welcomed by investors. AIIM has committed to providing R1.25 billion ($69.5 million) of equity and shareholders’ funds to the merged entity.

The merging aims to accelerate the development of the contracted portfolio in the C&I transit market, providing clean energy and price certainty to large electricity customers. The merged entity intends to gain a strong foothold in the C&I segment in a global context marked by an energy crisis due to the sanctions imposed against Russia after the Ukraine invasion.

Starsight Energy, founded in 2015, is the first clean energy company in Nigeria to secure carbon credit accreditation, certified by the Verra Verified Carbon Standard (VCS) program. The company offers on- and off-grid renewable energy and cooling solutions to the C&I sectors, with market-leading operations in eastern and western Africa.

SolarAfrica, founded in 2011, provides service to large power users in South Africa with a lower-cost electricity alternative from a recently developed centralized solar generation site. The company was awarded ‘African Solar Company of the Year’ last year. 

Energy producers in several African countries, especially south of the Sahara, are using fossil fuels as an alternative to power cuts. With the rise in electricity prices, companies must focus on solar energy, which is cleaner, cheaper, and more convenient to install and operate. 

Bhopal Railway Division Adopts Energy Conservation Methods

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Bhopal Railway Division Adopts Energy Conservation Methods

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All lights at Rani Kamalapati Railway Station, Madhya Pradesh capital Bhopal, turn on when a train arrives on its platform. 70% of the lights turn off when the train departs.

This “30-70% circuit automation” system was one of the energy conservation measures taken by West Central Railway’s Bhopal division (WCR) in order to cut costs and save power, reports PTI.

An official also claimed that a solar energy station at WCR’s Bina Station in the state supplies electricity to overhead equipment (OHE) for the first time.

He said that the Bina station’s Solar Plant was awarded in June the Best Use of Zero Carbon Technology In Planet Category at the International Sustainable Railway Awards in Berlin, Germany.

Prime Minister Narendra Modi dedicated the Rani Kamalapati Railway Station (RKMP) to the nation in November 2013. It was previously known as Habibganj in Bhopal.

This station is named after Queen Gond of Bhopal and has the first central concourse that connects to all platforms. It also features modern, world-class facilities.

“Besides RKMP 12 other stations in the division are equipped with the 30-70 percent circuit automation system. This allows only 30% of the lights to remain on when a train is not on a platform. The remaining 70% of the lights will turn on once a train crosses the home signal,” Sourabh Bandopadhyaya, Divisional Railway Manager (DRM), said.

He said that 70% of the lights on the platform will automatically turn off when the train crosses the “starter signal”. This will save Rs 13 lakh annually on power bills.

According to an official, a 1 MW, solar energy plant was installed in Bhopal’s Bhopal division. It generated 13.18 lakh units in 2021-22. This helped Railways reduce their electricity bills by Rs 36 lakh.

He also stated that it resulted in a reduction of 1,100 tonnes of carbon emissions in the environment.

Trains running from this division, like the Bhopal Express, Janshatabdi and Hamsafar Express, take power from the Head on Generation (HOG) compliant loco and power car through the OHE to run the air-conditioners, lights and fans, which resulted in saving Rs six crore per year, he said.

A 1.7 MW capacity solar energy plant set up at Bina in technical collaboration with the Bharat Heavy Electricals Limited (BHEL) helped in saving Rs 2.28 crore from June 2020 till now, he said.

This power plant will also help in reducing carbon emission by 2,160 tonne, which is equivalent to planting one lakh trees, he added.

Growatt Exhibits Its Powerful Solar Inverters and More at REI 2022

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Growatt exhibits its powerful solar inverters and more at REI 2022

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From 28 to 30 September, Renewable Energy India Expo, Asia’s leading B2B energy expo, was held successfully attracting 700+ exhibitors, 40,000+ visitors, experts and professionals across the industry. Growatt, a global leading distributed energy solutions provider, presented its vast range of PV inverters, energy storage products, EV chargers and smart energy management solutions. Its powerful solar inverters, covering residential, C&I, large-scale application scenarios, were brought to the center of the show.

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The manufacturer showcased its residential inverters ranging from 1 to 15kW, among which MIN 4200-6000TL-X is the most popular model in the Indian market. It features a compact design, a higher overloading capability, 2 MPPTs, Type II SPD on AC and DC sides and optional AFCI function— delivering reliable, safe and efficient solar power generation for households.

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For C&I solar applications, Growatt displayed inverters varying in power capacity between 20kW to 125kW, highlighting its high power inverter MAX 100-125KTL3-X LV. With maximum DC input current reaching 16A for each string, the inverter is compatible with high-power panels of over 600W as well as bi-facial modules. It has 10 MPPTs design which can meet demands for multi-directional solar installations to minimize energy losses and improve efficiency.

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The inverter also enhances operational safety with a fuse-free design, Type II SPD on AC and DC sides, IP66 protection and optional AFCI function. Recently, it has been recognized by TÜV Rheinland as the best high power PV inverter of the 100-150kW group for commercial and industrial use and has been given the ‘All Quality Matters’ award at the organization’s 2022 solar congress.

Moreover, for large-scale solar projects, the company brought to the show its 1500V string inverter MAX 185-253KTL3-X HV, which is designed to achieve higher output and lower LCOE for large-scale solar power plants, compared to central inverter products. The inverter features a larger capacity of up to 253kW, a design of up to 15 MPPTs and its compatibility with 600W+ high-power and bifacial modules as well as smart I/V curve scan and diagnosis function and PLC communication function.

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During the three-day exhibition, Growatt also introduced the commercial hybrid inverter WIT 50-100KTL3-H, THOR series EV chargers and the portable power station INFINITY 1500.

As a global leading distributed energy solution provider, Growatt has been investing heavily in India to enhance its product and service strength in the market. Marking its milestone of 10th anniversary of Growatt’s operations in India, the company will continue to provide more advanced and powerful product portfolios and build a stronger local team, and work with its partners to help create a sustainable future and build a greener India.

Solar Power 100 India Map 2022

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SolarQuarter PowerMap India 2022

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Dubai Plans To Invest Dh40 Billion More In Clean Energy Generation

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Dubai has already invested over Dh40 billion in renewable energy. A senior official says that Dubai will continue to invest and will invest around Dh40 billion more in clean energy generation in the future.

Secretary-General of Dubai Supreme Council of Energy Ahmed Buti Al Muhairbi engaged in a fireside conversation on Dubai’s net-zero strategy. This was the second day of the World Green Economy Summit. There were several panel discussions that mainly focused on motivating youth to take part in climate action and achieving net-zero.

During a discussion, Secretary-General of Dubai Supreme Council of Energy Ahmed Buti Al Muhairbi, said, “The hydrocarbon and gas sector will continue to play an important role. The key factor that will ensure effective clean energy security and supply, is a transition from conventional sources of energy to renewables.”

Al Muhairbi spoke out about the successes in the private sector, and the importance of the council’s participation in public-private partnerships. He also spoke about the IPP projects with nearly 5,000 projects.

Noor Alkhulaif, Minister of Sustainable Development, Bahrain emphasized the efforts made in Bahrain to reach the goal of a cleaner future. There were many steps to be taken, but Bahrain has made sure that integrated steps are taken and collaboration is maintained between various ministries. She stressed that all sustainable development goals are considered within the framework of each ministry and government. This is to ensure a coordinated approach.

Omnia El Omrani, President Youth Envoy, COP 27 stressed the importance of the WGEO’s initiatives in encouraging youth engagement. To accelerate the transition towards a green economy, it is important to have solid structures that allow youth to participate and voice their opinions.

The landmark UAE-UK Clean Hydrogen Study was launched during the summit in conjunction with WGEO.

Dragon Oil, CEO, Ali Al Jarwan spoke out about how to reach zero carbon emissions and transition to clean energy. He said that it is difficult but possible. The UAE has been a great success story in clean energy.

He stressed that the energy needed to operate factories and other machinery should not be interrupted while also being responsible for gas emissions and finding avenues of zero emissions.

Our Long-term Vision Has Enabled Us To Grow Despite The Hiccups Being Faced By The Industry: Acharan Chandel, Co-Founder and CMO, Spinkraft Ventures

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Acharan Chandel - Co-Founder and CMO, Spinkraft Ventures

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Conversation Highlights:

-By the end of 2022, we are looking to be one of the fastest-growing solar distribution companies and also we want to be a player with interests and outlook in the EV space.

-We are looking forward to adding new products very soon and subsequently certain big announcements shall be made soon enough.

-On the solar front, we are looking to add certain new brands which would give us the impetus to get into big league distribution.

Please give us a brief background of yourself and your solar journey.

I am an engineer and MBA graduate from Mumbai University, completed my master’s in 2011 and took the plunge into the solar industry with my first job. I was always interested and inclined toward the Power & Energy industry and hence solar proved to be the right direction, a new and clean energy industry with immense potential and loads of learning scope.

Started my career with a Mumbai-based small EPC firm called Envirodyne Energy Systems which was also the first and sole distributor of RefuSol inverters in India at that point in time. From there on the journey took me to multiple module manufacturers with Waaree being the next stop, post that Chinese giant at that time Renesola, then one of the most reputed organizations in the solar industry REC Singapore and from there another Chinese giant ZNSHINE. This learning and experience of working with multiple brands combined with the motivation and skills of my partners in SPINKRAFT, Mr. Pravesh Bhargava and Mr. Ajay Patel who have been associated with me for a long and are part of my family convinced me to go ahead with the solar entrepreneurial journey and we are convinced that we shall achieve big milestones in coming years.

How is the year 2022 progressing for Spinkraft?

The year so far has been a mixed bag. The first half of the year was fantastic with imports rising to new heights as everyone had their eyes set on March commissioning due to duty implications that were supposed to be imposed from April. We were one of the many beneficiaries in that half of the year. The second half of the remaining part of the year so far has been a bit slow comparatively and which is true for the entire industry due to duty imposition but we have been holding our own and have been growing at some speed not only in terms of business numbers but also increasing our product portfolio and team size. Our long-term vision has enabled us to grow despite the hiccups being faced by the industry.

What are the products and services offered by Spinkraft?

We are currently focussing on Axitec and Eversola modules. Axitec which is a premium German module with a pan India presence and an excellent reputation with its Make in India programs and product range catering to the DCR section also is certainly going to be a module brand to watch out for in near future. Eversola is a Chinese brand with a focus to become one the well-known brands in the industry. They too are exploring options to make their product locally which is going to help us immensely. Accordingly, in inverters, we have Fronius which is a top European inverter manufacturer, a giant in the electronics and automation industry, and a well-known and well-respected product.

A brilliant product and brand with a presence across the country right from north to south. Apart from this, we have in our product portfolio certain EV-based products like EV chargers for which we have tied up with a Pune-based manufacturer cum investor and are looking at this segment as the one which will give us great impetus. Apart from this in the EV space, we have our own Lithium Ion assembly plant near Mumbai which will be sold under the brand FUEL ON, the facility is under establishment and the product outflow shall start soon. Also, we are looking forward to adding new products very soon and subsequently certain big announcements shall be made soon enough.

What are you aiming to achieve by the end of 2022?

By the end of 2022 we are looking to be one of the fastest-growing solar distribution companies and also we want to be a player with interests and outlook in EV space by end of the year, we shall certainly be a recognizable face in this space too. On the solar front, we are looking to add certain new brands which would give us the impetus to get into big league distribution.

Anything else you would like to highlight?

Certainly, I would like this opportunity to highlight my partners Mr. Ajay Patel and Mr. Pravesh Bhargav, Mr. Patel is the binding force of the team and Mr. Bhargava is the brains, muscles, and strategist of the team. Without these two guys who have been with me through thick and thin, this won’t have been possible. On the product front, we are increasing our product portfolio. We are talking to newer players to get into ESS, hybrid solutions, EV solutions, and other products. We will hopefully come up with multiple options in our product portfolio pretty soon.

Contendre Solar Is One Of India’s Most Premium Solar PV Manufacturing and Solutions Companies: Dharmin Sheth, Director, Contendre Solar

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Dharmin Sheth - Director Contendre Solar

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Conversation Highlights:

-Contendre is providing its customers with PV modules ranging from 40Wp to 415Wp with the Full Cell technology.

-Contendre’s state-of-the-art fully automated production ensures production accuracy and efficiency leading to consistently high-quality output.

-Our cutting-edge, hyper-hygienic manufacturing facility and best-in-class production equipment make us one of the most technologically advanced PV module-producing facilities in India.

How have the business and sales been for Contendre so far in 2022?

For Contendre, It has been a very adventurous journey so far. Starting back from our initiation year of 2019, the industry has seen a lot of ups and downs be it the Covid pandemic, supply chain disruption, GST slab change, policy changes, etc. Talking about the current financial year we saw a humongous policy change, the implication of a 25% basic customs duty on solar cells and a 40% duty on module imports which has had a huge impact on the entire industry making the overall market rotation a bit slower. But despite this situation, Contendre Solar on the contrary saw massive growth in Business. Contendre Solar has been fortunate enough to supply its products and services across the globe on all different scales and sectors. Be it power plants, government projects, private industries, or domestic residences, Contendre has served and has been accepted by all. With the Company’s Year on Year growth rate of more than 1000%, our customer base multiplying immensely, and our presence is felt across the country and even internationally has today made Contendre one of the fastest growing Solar PV brands in the country.

Please brief our readers about your products and services.

Contendre Solar is one of India’s most Premium Solar PV Manufacturing and Solutions companies. We are an ISO-certified organization headquartered in Mumbai with a State-of-the-Art, Automated Solar PV Module Manufacturing Facility located at Bhiwandi, Maharashtra, India. Contendre strives to produce and provide Indian, high-quality solar products and turnkey solar solutions ensuring the highest in-class power output and best-in-class reliability to our customers. Contendre’s product line is tailored for residential, commercial and utility applications. Every Contendre solar modules and solutions are certified and surpass industry standards, proving excellent performance over the long term.

With our equipment already advanced & upgraded to keep up with the fast-evolving technology, we are able to provide our customers with a wide range of products along with a special option for customization. Currently, Contendre is providing its customers with PV modules ranging from 40Wp to 415Wp with the Full Cell technology. We have already initiated the process of expansion which will allow us to expand our horizons further and add new products to our portfolio including the Multi-busbar and HJT Technology.

Could you highlight some specialties of your products?

Our products are subject to very stringent quality and reliability testing programs staffed by our qualified and highly trained production engineers, thus helping us achieve a high degree of process reliability. excellent production results, and top-quality products. The high quality of Contendre panels is further supported by the very low claims rate. Contendre’s state-of-the-art fully automated production ensures production accuracy and efficiency leading to consistently high-quality output. Our modules receive multiple quality checks throughout the process and are subject to stringent quality and reliability testing. Each product exceeds industry requirements and is backed by an independent 25-year performance warranty and a 12-year product warranty. Our products are manufactured from the highest quality, and raw materials and exceed International Electrotechnical Commission quality standards and are certified for the same by Third Party Laboratories. We are already up with the advancements in Module technology being proven by our varied range of products like Highly efficient modules, High System Voltage modules (1500V), Module Level Power Electronics, etc.

Tell us about your manufacturing facilities and the current capacity.

We function with a determination and drive to deliver superior quality, affordable solar products to our customers. Owing to that is our investment in our state-of-the-art production facility which includes our best-in-class production equipment and machinery all the way from Europe. Set at a strategic location right in the center of the country, Bhiwandi, Maharashtra provides maximum accessibility for the movement of both man and material across the globe. Our superlative, fully automatic production line offers an annual production capacity of up to 75MW with minimum breakage rates and a high level of production accuracy. Our cutting-edge, hyper-hygienic manufacturing facility and best-in-class production equipment make us one of the most technologically advanced PV module-producing facilities in India.

How do you plan to accelerate your growth in India against the competition?

Catering to the demand for Contendre Solar products and services in the market and to the government’s initiative towards making in India we are executing an expansion of our company in all aspects, be it our production capacity, our team size, our product range, or anything and everything of our company. Contendre Solar will grow 3 folds by the end of the next financial year. We have always believed in having a technical advantage rather than competing in volume which can be seen, with us being the only company in India to have been able to produce 415Wp Modules in 72 full cells and we will follow the same trend in our further journey. Us being known for our quality and technically advanced products will indeed allow us to have a stable share in this highly competitive market.

alfanar Global Development Signs $3.5 Billion Green Hydrogen Project In Egypt

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A file photo of alfanar Global Development signs $3.5 billion green hydrogen project in Egypt

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In line with the Middle East Green Initiative launched by His Royal Highness Crown Prince Mohammed Bin Salman, alfanar has signed a memorandum of understanding (MoU) with the General Authority of the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA), to develop a green ammonia facility in Egypt.

The $3.5 billion project will use renewable energy sources and produce 500,000 tons of green ammonia from 100,000 tons of green hydrogen per year.

The agreement was signed in the presence of His Excellency Mostafa Madbouly, Prime Minister of Egypt; Mohamed Shaker, Minister of Electricity and Renewable Energy; Hala Elsaid, Minister of Planning & Economic Development; along with Saudi officials, Faisal A. Al-Yemni, Deputy Minister of Investment; and Mazeed Al-Hoishan, Saudi Consul to Egypt. alfanar was represented in the signing ceremony by Eng. Sabah Al-Mutlaq, Managing Director of alfanar Projects; Eng. Jamal Wadi, President of alfanar Projects; and Eng. Amer Al Ajmi, Executive Vice President of Sales and Marketing.

Sabah Al-Mutlaq stated, “We have enjoyed a long-standing relationship with Egypt and are thrilled to partner with such esteemed organizations of national importance on this program. Through this agreement, we will be developing a project to produce green hydrogen and green ammonia.”

The NIA-UPRIIS In The Philippines Completes Development Of 5 Solar Pump Irrigation Systems

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The NIA-UPRIIS, National Irrigation Administration-Upper Pampanga River Integrated Irrigation Systems has finished the development of 5 solar pump irrigation systems for providing effective, efficient, and sustainable irrigation services to farmer-beneficiaries. The systems cost around PHP58.32 million.

Department Manager of NIA-UPRIIS, Engr. Rosalinda Bote stated that 8 additional solar pump irrigation systems are being built and are nearing completion. These projects aim to provide service water for irrigation on almost 377 hectares. This could potentially benefit 504 farmers in the UPRIIS service area.

She also stated that the NIA UPRIIS promotes solar-power pumps within its service areas as part of the agency’s thrust for proficiency and resiliency in proficient irrigation service through modernizations and innovation.

Bote stated that the rise in fuel prices has made it important to consider innovative solar pumps for reducing input costs for farmers.

The NIA has completed 333 solar-powered irrigation projects nationwide, amounting to approximately PHP1.51 billion. These projects can produce a total of 4,215.33 horsepower.

These projects are able to irrigate 6,482.62 hectares of agricultural land, which will benefit 8,467 farmers as well as their families.

Solis Boosts India’s Target of Renewable Energy Development

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Solis Boosts India’s Target of Renewable Energy Development

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Contendre

The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022. Solis used the platform to highlight its technical strength by showcasing its hybrid inverter portfolio and intelligent PV solutions aimed at supporting India’s goal of developing renewable energy.

Catering to India’s Energy Needs

India, as the second most populous country in the world, has an unprecedented demand for electricity, and currently, coal is the main source of energy for the country. However, the challenges of insufficient power supply and environmental pollution are relatively serious, and the development of renewable energy is the optimal solution to address problem.

Going ahead, India is expected to install about 20 GW of new solar capacity in 2022, including 16.5 GW of utility-scale capacity and 3.5 GW of rooftop PV, according to JMK Research. Additionally, India will invest $223 billion to reach its goal of installing 280 GW of photovoltaic and 140 GW of wind power by 2030.

For India’s domestic PV investment target, the intelligent photovoltaic solutions brought by Solis, one of the most seasoned and significant producers of string inverters in the world, can well satisfy the needs of the Indian market. Because the products on offer boast of high efficiency, intelligent operation and other promising characteristics, the exhibitors were attracted to stop by and learn.

Innovative Products on Offer

This time, Solis brought its single-phase and three-phase PV products for inverter and energy storage solutions to the exhibition. The products covered a variety of scenarios, from single-phase household inverters S6-GR1P(0.7-3.6)K-M and S6-GR1P(2.5-6)K to commercial and industrial three-phase inverters S5-GC(50-70)K and S5-GC(100-125)K, and the utility-scale Solis-(215-255)K-EHV-5G, etc.

Attracting the attention of exhibitors, in addition, was also the energy storage inverters S5-EO1P(4-5)K-48-P. The intelligent inverters with high reliability, low loss, fast response time and grid-friendly products displayed by Solis provide product support for the Indian market and supplement the power needs of the customer.

The world economy is placing a greater premium on sustainability, green markets. With this view, Solis will continue to adhere to its mission of ‘Developing technology to power the world with clean energy’, while also continuing to provide better solutions for customers and the market as far as photovoltaic power generation is concerned. It has pledged to build on its momentum of innovation-driven development, and make sustained efforts in the international new energy market to help curb carbon emissions worldwide.

Upgrade Energy Philippines Partners With Philippine Economic Zone Authority To Develop Solar Energy Projects

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The PEZA, Philippine Economic Zone Authority has collaborated with UGEP, Upgrade Energy Philippines to develop solar energy projects in economic zones.

The investment promotion agency released a statement stating that Tereso Panga, PEZA’s officer-in-charge, and Ruth Yu-Owen, UGEP’s president and chief executive officer, had signed an MOU last September 22 in order to set up solar energy projects within PEZA zones.

“PEZA welcomes partnerships like this which promote the goal of environment-friendly industrialization,” Panga said.

To determine the viability and feasibility of installing solar projects in these ecozones, the first phase of the partnership will involve the conduct of feasibility studies at Baguio City Economic Zones (BCEZ) and Cavite Economic Zone (CEZ).

This is because UGEP aims at building a 10 MW scale solar project for CEZ as well as BCEZ in order to generate and sell solar energy to end consumers via the distribution utilities within the ecozones.

“Promoting the use of renewable energy is extremely paramount in our country so we can save billions of pesos in energy and electricity consumption, generate more jobs and at the same time, reduce our country’s share of carbon emissions, therefore, fighting the adverse effects of the global climate change,” Panga added.

PEZA will provide the necessary help to UGEP for conducting the studies, identifying land for projects and the registration of its projects in PEZA under the Corporate Recovery and Tax Incentives for Enterprises Law (CREATE) as well as the Renewable Energy Act of 2008, respectively.

“These efforts will also contribute to the country’s overall efforts to attaining our pledge to move ahead with urgency and cut greenhouse gas emissions through localized climate change interventions and transition from coal to clean energy. Let us also do our part in implementing a collective approach to both revive the economy and at the same time protect our environment,” Panga said.

The Passion To Green The Planet And Steer It Towards A Net-zero Future Has Been The Backbone Of The Brand EKI: Manish Dabkara, CMD & CEO, EKI Energy Services Ltd.

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Manish Dabkara - CMD & CEO, EKI Energy Services Ltd.

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Conversation Highlights:

-We have been successful in placing ourselves in a position to grow with each climate accord, agreement and have been able to continuously develop platforms, technology, and relations.

-We became a listed company in April 2021 and witnessed one of the most successful IPOs of the year & achieved a 1 Billion Dollar Market Cap.

-As a brand, we would also become net-zero within the next 5 years and we will continue to enable millions of others on this journey

Tell us about the journey and evolution of EKI.

I incepted EKI in 2008 with an ardent dream to rehabilitate the planet and build a greener tomorrow. When the company was established, the carbon credit market and even climate conversations were in a nascent stage and starting to slowly emerge and gain traction. The first few years were predominantly dedicated to educating all relevant stakeholders about the importance of reducing their carbon footprint.

We brought in a disruption in the market by placing climate action on a pedestal not just within India but also globally as we worked with customers across the world. We have been successful in placing ourselves in a position to grow with each climate accord and agreement and have been able to continuously develop platforms, technology, and relations. The passion to green the planet and steer it towards a net-zero future has been the backbone of the brand EKI.

Today, EKI is a leading global carbon credit developer & supplier. We became a listed company in April 2021 and witnessed one of the most successful IPOs of the year & achieved a 1 Billion Dollar Market Cap.

We are a market leader with our differentiated offerings and one-stop- destination for all things related to carbon markets and corporate ESG. Our scope of work spans consultancy and advisory services for corporate net zero commitment, ESG reporting and compliance, carbon asset management, and renewable energy certifications & attributes.

From an organization that started with a team of 5 people, the brand has grown into a global team of 500+ professionals across 16 countries including India, Vietnam, Thailand, Philippines, Indonesia, Ghana, Kenya, Egypt, Jordan, Turkey, Brazil, Argentina, Mexico, Dubai, and Switzerland. We are growing every day and achieving newer heights.

This year, we have also charted a new journey for ourselves with a commitment to become net-zero by the year 2030 in addition to defining a target to mobilize up to 1 billion credits within the next 5 years (by 2027). We are a carbon-neutral company who have been inspiring thousands of businesses across the globe to reduce/offset their emissions through a host of sustainable solutions. With our net-zero commitment, we will now take climate action in India to newer heights by enabling the country to fast-track the stride to its net-zero commitment by the year 2070. As part of this renewed vision we recently also embraced a new brand identity that brings together the sky, nature, and oceans to Steer the Planet to a net-zero future.

We have a deep strong focus on community development and have undertaken projects like green cooking initiatives that help improve the livelihoods of rural households while also enabling the restoration of nature. We now also manufacture low-cost emission reduction devices like energy-efficient cook stoves via our group company – GHG Reduction Technologies Pvt. Ltd. with an aim to improve the lives of people across communities in rural villages. We have also joined hands with Shell Overseas Investments B.V. (The Netherlands) for the implementation of Nature-based Solutions across India.

What do you have to say about the recent amendments to the Energy Conservation Act?

The proposed amendments to the EC Act that has been passed in Lok Sabha will empower the country to increasingly strive towards its net-zero commitment of 2070 with the further implementation of NDCs in a timely manner. It will also facilitate the development of India’s carbon market which will in turn enable the country to transition into a low-carbon economy.

With the proposed amendments, the current trading schemes in India – Energy Saving Certificates (ESCerts) and Renewable Energy Certificates (RECs) will be merged into one single commodity that will be called Carbon Credits and will operate under Cap & Trade system under the National ETS.

This will open the market for newer avenues and is expected to unleash a new era of environmental activism in India. Though the market will largely be voluntary in nature to begin with, once it becomes mandatory for a specific sector(s), the scheme will remain open for the Indian Voluntary Market sellers as mentioned in the EC Act 2022. This will open the market for newer avenues even as the demand for Voluntary Carbon Credits grows exponentially in the country.

With a ban on carbon credit export, what changes are we likely to see? How will it impact?

One of the important outcomes of COP26 is the Operationalization of Article 6 of the Paris Agreement was that it paved the way for countries to work with each other and reduce the overall cost of emission reduction. Under this, India could now engage with developed nations and tap foreign funds for its emission reduction projects. This enabled a further enhanced ecosystem for the trade of India’s carbon credits in the International markets.

This along with the export of carbon credits from India to International markets under the Voluntary market scheme ensures a strong influx of climate finance to India which the country can add back for carbon reduction projects and interventions. Article 6 and domestic/regional emission trading schemes have not led to many changes in the International Voluntary Markets. Additionally, the trade of credits in the International Voluntary Market does not need a sign-off from host nations since no corresponding adjustments are required.

Though the current proposal to ban the export of carbon credits from India, is solely been for the National ETS, a compliance Cap & Trade national market to ensure effective compliance of India’s NDC; in line with similar such National and Regional ETS been successfully in operation around the world, e.g. EU ETS, Korean ETS, etc. will not affect the Voluntary carbon market. It is important that the industry is clarified that this will have no impact on the current sale of carbon credits developed in India to International global markets. This is only a proposal for the National ETS whenever it comes into effect.

Since the ban will not affect the current Voluntary Market dynamics in India, the industry will continue to empower the country in its transition into a carbon-neutral economy. A National ETS will further accelerate this journey since more trade of carbon credits would imply more carbon reduction in the country. The Energy Conservation (Amendment) Bill will also bring fair play and increased transparency, enabling all stakeholders with equal opportunities. The amendment act will unlock new market potentials for both the sellers and buyers of credits in India.

What is your vision for EKI for the next 5 years?

At EKI, the climate will always continue to be the most important element for all things we do. With a torch held high to steer the planet to a greener & safer tomorrow, we will continue to aggressively promote advancements in the climate sector to help fasten the pace to net zero.

As we steer the planet to net zero with our comprehensive bouquet of solutions carbon management and community development, brand EKI will continue to achieve newer heights in the climate sector even as we continue to stride the planet to a greener future.

We will inspire that many more stakeholders to adopt sustainable solutions and become conscious of their carbon footprint. As a brand, we would also become net-zero within the next 5 years and we will continue to enable millions of others on this journey. We will expand into many more new markets even as we continue to onboard many more passionate climate enthusiasts in our quest to net zero.

How do you see the carbon credit industry growing in India and EKI’s contribution to it?

As the world has already crossed its deadline for serious climate action to restrict anthropogenic global warming within 1.5 0 C, any further delay in real action will lead to a catastrophic impact; absolute emission reduction is the only way forward, and carbon the market is going to be one of the most important avenues for effective participation of business sectors in meeting the Net Zero commitment.

The creation of a robust National carbon credit market in India structured in a regulated Cap & Trade system would imply an increased demand for credits amongst businesses in the country. The renewed focus on controlling GHG emissions and moving towards carbon neutrality, with specific milestones/targets is expected to encourage increased private sector participation in combating climate change. This will in turn drive the demand for voluntary carbon credits in India in the years to come. The annual demand for voluntary carbon credit in India is expected to touch 500+ million units by 2030.

As an established global leader, we are well placed to make the most of this evolution in the market. Given our global experience, we can lead the country in developing a structured framework for the market. Our deep learning from our experience of ETS and markets in other countries can be leveraged to develop a robust ecosystem in India. We wish to actively work with all industry stakeholders in developing the Domestic Market and empowering it with every bit of our expertise.

Arctech Awarded “Best Business Development Team of the Year” with a 3.5 GW Portfolio During Renewable Energy India Expo

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Arctech Awarded “Best Business Development Team of the Year “with a 3.5 GW Portfolio During Renewable Energy India Expo

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Contendre

Arctech, the world’s leading tracking, racking, and BIPV solutions provider, attended the 2022 Renewable Energy India in Greater Noida, India from September 28th- 30th showcasing its latest technological innovation on solar tracking solution, SkyLine II, the new-generation rigid horizontal single-axis tracker with an independent row and 1P architecture, and disclosed the company’s first joint venture manufacturing base in India which has geared up 3GW capacity into its global manufacturing capacity. 

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Recognized as Asia’s Leading b2b expo focusing on Solar Energy, Wind Energy, Bio-Energy, Energy Storage and Electric Vehicles and charging infra, Renewable Energy India Expo offers an all-inclusive platform to domestic and international manufacturers, traders, buyers and professionals from across the renewable energy domain. It is estimated to attract over 700+ Exhibitors, 40,000+ trade visitors and esteemed policy-makers, decision-makers, influencers, technical experts and professionals. 

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Gail Chen, General Manager of East Asia and Japan, Director and CEO of Jash Energy, lead a full line-up including technical gurus, sales veterans and engineering experts among others in the expo. Ganesh Rai, Head of Technical Sales, GAURAV BHATIA, Financial Manager, Gino Sebastian, Director of Operations, Amit Herekar, Senior Sales Manager shed light on the entire lifecycle of its tracker systems in India, including structural, mechanical, and electrical design, as well as construction, operations and maintenance. 

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The team also has been awarded the “Best Business Development Team of the Year – Tracker” from Solaris India Awards 2022 for the team spirit and professional excellence in the Indian Solar Industry. Gail Chen, the regional head at Arctech has been awarded “100 Most Powerful & Influential Solar Industry Business Leaders of 2022”.

Since its entering the Indian market in 2015, the company has relied on its diversified global supply chain and customer-centric approach to deliver, commission and support solar energy developments in the Indian market with an accumulated portfolio of 3.5 GW, lighting the way to a brighter, smarter future for clean energy in India. According to Wood Mackenzie, the company was India’s largest supplier of solar trackers in 2020 and held a 45% market share in 2021. 

In early September, the company opened a 3 GW solar tracker factory in India that will produce all of the major components of its solar tracker products. Jash Energy has modeled after Arctech’s existing Chinese manufacturing base, in both the automatic production line and manufacturing management system. It is equipped with an advanced automatic production line for Arctech’s patented torque tube, said the company. With the official launch of the factory.

“Arctech always sees India as our second home base after China. We started our operations in India in 2015 and have shipped 3.5 GW since then,” said Chen. “In years 2017 and 2018, the market was very quiet for trackers, but we made a grand comeback in 2019 by signing a 1.7 GW order in India. The increasing use of bifacial modules and decline in the prices of modules made more sense to use trackers now, by having Jash energy the joint venture production plant, we can guarantee a shorter delivery timeline, quicker response to needs, and most of all, a more competitive pricing strategy enabling us a better competitive edge in India.” 

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