Emmvee is all set to showcase its new innovations at Solarcon 2012

Emmvee is all set to participate at the Solarcon 2012 exhibition which will be held at the Bangalore International Exhibition Centre from 3rd to 5th September. Emmvee will display new products and competences from both business divisions: Photovoltaics and Solar Water Heating Systems.

Emmvee Photovoltaic Power Private Limited will display its photovoltaic modules portfolio for ongrid and off-grid applications. The competence in PV systems for different applications will be showcase as well. Emmvee is channel partner under JNNSM scheme for roof top PV systems and has installed successfully several PV systems of different sizes. Emmvee has also entered the field of MW scale project development and has a specialized team for EPC with proven track records.

Emmvee Solar Systems Private Limited is launching an innovative tray collector with full plate absorber to the Indian market. This innovation will increase further the efficiency of the Solarizer Solar Water Systems. Emmvee is also launching its new Solarizer t-series in India. The products will be displayed at booth 502 in the hall 2 of the exhibition.

India’s JNNSM: Projects under batch II are a “risky” proposition

Many of the batch II solar projects under Phase I of India’s Jawaharlal Nehru National Solar Mission (JNNSM) have been deemed a risky proposition in a new research report by India-based CRISIL Research.

The organization stated that falling photovoltaic module prices and overcapacity “led by Chinese module suppliers” have impacted heavily on capital costs for projects. “In 2011, the capital costs of Solar Photovoltaic (PV) projects fell by 30 percent, following a 50 percent decline in the prices of solar PV modules,” wrote the analysts.
They said, however, that due to the “sharp” margin erosion this prompted, combined with increasing industry consolidation, module price drops are expected to slow this year, meaning that capital costs should decline by just 10 to 13 percent, to INR 87 million (around €1.2 million; US$1.6 million) to INR 90 million per megawatt this year.
However, anticipating bigger decreases, some project developers submitted “aggressive” bids to the JNNSM’s Phase I Batch II program – as low as INR 7.49 (around €0.10; US$0.13 ) per Watt, said CRISIL – which will place pressure on their margins unless they can access low-cost foreign debt.
“For healthy equity internal rate of returns (IRRs) of around 15 percent, a levelised tariff of Rs 9 per unit is necessary, assuming a plant load factor of 19 percent and typical debt equity of 70:30, with borrowing costs of nearly 13 percent,” stated the report. However, as around half of the bids have been below Rs 9 per unit, many of the investments are “highly risky”.
Financing the projects at INR 9.00 and below will be a great obstacle for the power producers, believes CRISIL.
It added that while it is possible these projects can be financially viable, if project developers tap cheaper foreign funds – foreign developmental finance institutions may provide low cost debt to solar power producers so that they purchase solar equipment from suppliers in their country – there are two factors in India, which are working against this: (i) the domestic procurement clause imposed by JNNSM for crystalline PV cells and modules, which is limiting access to such funds; and (ii) the INR is gaining traction against the U.S. dollar, thus making borrowing in dollars is an increasingly risky proposition.
Comparison of batch I and batch II bidding
French company, Solairedirect was the lowest bidder for a five megawatt (MW) project under batch II of the JNNSM, at INR 7.49. Meanwhile, the highest bid under this batch, INR 9.44, was from Green Infra. Looking to batch I, INR 10.90 was the lowest tariff quoted by bidders. While higher than the bids from batch II, this figure created controversy at the time, with industry insiders skeptical that such a low bid could turn a profit.
Overall, the average tariff dipped downward by 27.5 percent in batch II, compared to batch I. The table below shows the successful bids for photovoltaic projects under batch II, which ranged from INR 7.49 per kilowatt hour (/kWh) to INR9.39/kWh. Meanwhile, in batch I, the value varied from INR 10.95/kWh to INR 12.76/kWh, with an average bid price of INR 12.15/kWh.

Indian Wind Energy Industry Market Overview 2012

India’s renewable energy industry is one of the most dynamic in the world. With a rapidly growing economy, an expanding population and an unprecedented thirst for power, wind is increasingly being seen as an essential part of the domestic energy mix.

However, it is widely known that there are key challenges to be overcome in order to achieve the renewable energy target of “40 gigawatts (GW) by 2022”. Key issues surround securing finance, sustainable government policy, the domestic manufacturing environment among others.

“The government has liberalised capital inflows, so we can expect more foreign investment for projects” (sic)

Sunil Jain, the chief operating officer of Green Infra, an IPP that was founded in 2008 to develop wind, hydro, solar and biomass projects. Estimates of wind energy potential in India have been rising rapidly in recent years. In 2010, India’s Center for Wind Energy Technologies put it at just 103 gigawatts (GW). Then a joint study by Harvard University and the Technical.

Research Center of Finland assessed it at about 1,000 GW. Most recently, the well-respected Lawrence Berkeley National Laboratory, in California, reported that India could have between 2,006 GW and 3,121 GW of wind capacity. The study said greater e ciency in wind production, improvements in turbine technology, and greater use of geographic information systems (GIS) to identify sites, have all contributed to the higher forecasts.

Emmvee Solarizer fit for heights

Emmvee have installed more than 25 solar water heating systems in the northern state of Himachal Pradesh, India.

The temperature in Kullu and Manali varies from -1.73⁰c to 26.3⁰c. Under normal conditions, the hot water requirement per person is about 25 litres per day (LPD). Emmvee’s planning and design team configurated a system for 40 LPD per person to bring more efficiency for the needs of the people of a rather cold region.

Emmvee has gained an expertise for remote and high altitude regions by having installed a large number ofsolar water heating systems in this area. The installation was very challenging as there was a gradient roof top at an altitude above 6,400 ft.

The solar systems supplied are Solarizer Plus Heat Exchanger Models with a 300LPD and 500LPD capacity. Two 500 LPD systems for two residences were installed in Manali and three 300 LPD systems for 3 residences were installed in Kullu. All the installed systems are used for bathing purposes.

Glass enamelled Solarizer Plus tanks with flat plate collectors using heat exchanger technology were used for the installation. Emmvee is the only manufacturer of glass enamel coated tanks of sizes varying from 100 to 3000 litres for solar water heating systems in India. The life time of a glass enamelled tank is considerably higher compared to stainless steel tanks. The additional layer of glass enamel on the steel layer increases the strength of the tank, the resistivity against corrosion and provides hygienic water quality for a long time even in the hilly regions where temperature conditions are extreme.

Sharing his experience, Mr. D.V.Manjunatha, founder and Managing Director of Emmvee, says: ”Considering the fact that the temperatures in hill stations are extreme, we are pleased that the performance of Solarizer Plus is highly efficient. The installation went smooth despite the gradient rooftop and higher altitude thanks to our expert installation team.”

India and USA reinforce R&D in clean energies

Indo – US Joint Clean Energy Research and Development Centre (JCERDC) a joint initiative of the Government of India and the US Department of Energy, aims to facilitate Research and Development on clean energy by teams of scientists, technologists and engineers from India and the United States, and related joint activities, needed to deploy clean energy technologies rapidly. This Centre also proposes to support multi-institutional network projects using public-private partnership model of funding.

The Indian and US Governments have committed an amount equal to US $25 Million spread over a period of 5 years for 3 priority areas of Solar Energy , Second Generation of Bio-fuels and Energy Efficiency of Buildings.

IFC concludes first rooftop solar project, to replicate five more in India

IFC, a member of the World Bank Group, is supporting the Indian state of Gujarat to replicate in five cities a rooftop solar project first completed in Gandhinagar, improving access to power and reducing air pollution from the burning of wood and fossil fuels.

The two pilot projects of 2.5 megawatt each demonstrated the viability of generating solar power through a grid-interactive system on rooftops, and will serve as a model for roll-out across the cities of Bhavnagar, Mehsana, Rajkot, Surat and Vadodara. IFC is also developing a policy framework for the replication of rooftop solar concept in Gujarat based on the experience gained in Gandhinagar.

This program is the first of its kind in India and aims to be a benchmark for green energy generation at the household level. The two pilot projects will produce approximately nine million units of clean energy and help to avoid 6,000 tons of greenhouse gas emissions per year. The project will also help to mobilize private sector investment of approximately $12-14 million.

Lanco Solar completes 56MW Solar Photovoltaic Power Plant to the grid in Gujarat

Lanco Solar has completed a total of 56MW Grid connected Solar Photovoltaic Power Plants in Gujarat. This includes three plants of 35 MW owned by Lanco Infratech Ltd and additional 21 MW built as turnkey EPC for other developers the Gujarat Power Corporation Ltd (5MW), GSPC Pipavav Power Company Ltd (5MW), GHI Energy Pvt Ltd (10 MW) and Gujarat State Electricity Corporation Ltd (1MW). These Power Plants will generate upto 90 million units of green electricity annually resulting in reduction of CO2 emissions by 85757 tonnes annually

Ministry of New and Renewable Energy (MNRE) update

On April 27th, 2012 India’s Ministry of New and Renewable Energy (MNRE) provided an update to the nation’s parliament on the status of the Jawaharlal Nehru National Solar Mission (JNNSM).

The report found 1.15 GW of solar photovoltaic (PV) and concentrating solar power (CSP) projects in various sub-programs and stages of completion including 229 MW of commissioned PV.

Three days later, on April 30th, 2012 the MNRE issued an estimate that 940 MW of PV and CSP has been added to India’s grid, as part of 14.7 GW of overall renewable energy capacity added in the previous three years.