Grid-Connected Solar Rooftop Systems: Financial Viability/Benefits, Installation/Operations and Funding At Ahmedabad Management Association

2. Oh, S***!
If you can’t beat them, join them.

3. Solar PV = The ability to
produce energy at anytime
and almost anywhere
Wind
Geothermal
Solar Thermal
Thermal
Tidal
Nuclear
Biomass

4. Grid-Connected Solar Rooftop Systems:
Financial Viability/Benefits, Installation/Operations and Funding

5. Index
 The need for rooftop Solar PV
1. Logic
2. The need to abolish coal
 Financial viability of Solar PV
1. Perceptions on viability
2. Solar PV and other long term investments
 Differentiating X from Y
1. What should be considered
2. Why do people make the wrong decision
 Breaking the shackles
 About us

6. Picture courtesy: Bernhard Lang

7. The need for Solar Rooftops
 Rooftop potential for power generation is mind-boggling
 Patna has a potential of 750MW on rooftops*
 India has a potential of 150GW+ on rooftops. Our total power generation capacity is
288GW.
 Why transmit when you can use at point of consumption?
 India loses an estimated 40% of its energy produced in T&D.
 30% of our population lives in darkness.
 It is tough to find coal easily.
 Everything needs energy.
 7gms of carbon emitted per Google search.
 Power tariffs will keep increasing.
 Power tariffs are not less than Rs. 7.5/kWh anywhere. MH is at Rs. 11/kWh.
 The climate has changed drastically.
 5 degrees not 2 degrees.
 A combination of Solar PV and Wind can run the entire country on clean
energy. 100%.
Source:
* Rooftop Revolution: Uncovering Patna’s Solar Potential by Bridge to India

8. The need to abolish coal
 Destroy forests to mine coal.
 Transport this coal overseas by sea.
 Take the coal from port to power plant.
 Burn the coal to move a turbine and produce power.
 Release massive CO2 and polluted water while you burn it.
 The water released from power plants is polluted in most parts of the world and causes
mass destruction of aqua ecosystems.
 Transmit power over long distances to points of consumption.
 The carbon released into the atmosphere, does’nt let the heat out of the planet.
 The heating causes a ripple effect of climatic changes right up to both Poles. Permafrost
melts which releases methane which is 25x more carbon intensive than carbon dioxide.
 When the carbon in the atmosphere is brought down to earth, it causes acidification in oceans,
hence bleaching reefs and suffocating ecosystems.
 Massive extinction is under way. Migration patterns are changing due to confusion
amongst species.
 Aqua ecosystems are inter-connected to rivers, aquifers, lakes and water bodies.
 We pump our daily water from aquifers. India is the largest ground water user in the world.
 The world was connected before the internet. And hence, a consumer in Ahmedabad can influence
the entire globe.

9. Perceptions on Feasibility

10. Returns and the notion of Feasibility
 Stock markets
 Dow Jones: 10.4% (1990-2009)
 Real Estate
 India: 14-15% (2000-2015)
 Industries (Net profit)
 US: 7%-13% (2015)
 Tax-free Bonds
 India: 7-9%
 Gold: 5-7% (1990-2016)

11. Private & Confidential
Grid-connected Solar Rooftops for Urban India
 Solar PV Rooftops are possible on all kinds
of roofs.
 Ideal for placement on residential,
commercial or industrial.
 Dead load in range of 16-25 khgs/Sq. Mtr.
 Life of 25 years.
 Low-maintenance with cleaning of panels required.
 No batteries but dependent on grid stability.

12. Lifecycle Cost of Solar PV
 IRR is 15% for a Solar PV System, but there is something more interesting.
Particulars in Rs.
Capex 2800000
Interest on Term Loan of 7 years 1646400
O&M for 15 years 750000
Total Expenses 5196400
Annual Units Generated 1057500
15-year Lifecycle Cost of Solar Power 4.91385
Lifecycle Costs for Solar PV over 15 year Life for a 50kW

13. Differentiating X from Y

14. What should be considered
 Components are key.
 No two solar vendors are the same.
 There is more to the system than solar modules and inverters.
 Placing emphasis only on price is not correct.
 We are one of the cheapest markets for Solar PV in the world.
 Few plants have seen more than 4 years.
 Solar PV is about engineering a good plant which will last for 25years.
 We have failed many times with different components or technical
principles. #shashwatcleantechfails

15. Private & Confidential
Why do people make the wrong decision
 Asking the right questions related to the system and not only one component.
 China has something for everybody.
 Believe in hearsay.
 If its too good to be true, it probably is.

16. Breaking the Shackles

17. Private & Confidential
Scaling up, Moving quick
 Help common man by making processes easy. Use technology to make documentation easier.
 Emphasis on long-term and not short-term in investor mindset.
 Remove subsidies, allow market modes to flourish. Adopt Interest Subvention or T&D Bonds
for raising money.
 Conduct an in-depth study of Lifecycle Costs of Coal, Diesel and Solar PV. Include all
environmental, health and economic costs.
 Create a Carbon Replacement Fund. Incentivise ‘carbon reduction’.
 Financiers should look at applications like rooftops as they see tractors. BOOT is already a
reality.

18. About Us

19. Private & Confidential
 Solar Energy Projects
 Solar Energy Products
 Efficient Lighting Products
 Customized Lighting Projects
 Waste Efficiency Projects
Manufacturing & Distribution
 Solar Lighting Systems
 Solar Pumps
 Solar Fencing
 Customized Solar Packs
Engineering, Procurement &
Construction
 Waste to Energy Projects
What do we do?
Engineering, Procurement &
Construction
 Rooftop Solar PV
 Ground-mount Solar PV
Manufacturing & Distribution
 LED Indoor Lighting
 LED Outdoor Lighting
Engineering, Procurement &
Construction
 LED Lighting Projects

20. Why us?
 Quickest to reach 75MWp in Solar PV Project Services..
 The highest roofless Solar PV Plant in the country at a height of 13 floors.
 India's first Solar village.
 The fastest 1MWp plant built in India.
 World's first Solar Pump-Microgrid.
 India's first Solar PV Plant on industrial sheets.
 India's second solar plant on ashdock.
 1000 Solar Projects within 15 months across the country.
 India’s largest residential rooftop.
 Eat. Live. Breathe.

21. Website: www.shashwatcleantech.com
Email: karan@shashwatcleantech.com
The choice is yours