solar energy - why invest in solar?

16
SOLAR ENERGY WHY INVEST IN SOLAR POWER POWER PROJECT? ENERCO ENERGY SOLUTIONS LLP (MUMBAI)

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Solar Energy is gaining immense popularity especially in a Solar-rich and power-deficit Country like India. This presentation is primarily about why a business owner, plant owner or an investor should invest in Solar Energy to gain various benefits including incentives, tax benefits, 80% Accelerated depreciation etc.

TRANSCRIPT

Page 1: Solar Energy - Why Invest in Solar?

SOLAR ENERGY

WHY INVEST IN SOLAR POWER

POWER PROJECT?

ENERCO ENERGY SOLUTIONS LLP (MUMBAI)

Page 2: Solar Energy - Why Invest in Solar?

INTRODUCTION

� Enerco Energy Solutions LLP – Green Company

focused on Solar Energy and Energy

Optimization Solutions and Services

� Comprehensive Services from Concept to

Commissioning in PV Solar Project

development

www.econserve.in

Page 3: Solar Energy - Why Invest in Solar?

INTRODUCTION (CLIENTS)

www.econserve.in

Page 4: Solar Energy - Why Invest in Solar?

INTRODUCTION

(SERVICES & SOLUTIONS)

� PV Solar Project Consulting (Rooftop & Ground)

and Design

� Energy Consulting (Energy Audit, Solar Plant

Audit, Power Quality Audit)

� PV Solar Project Execution on EPC basis

� ISO 50001 Energy Management Consulting

� Industrial Electrical Safety as per IEC Stds.

www.econserve.in

Page 5: Solar Energy - Why Invest in Solar?

ABOUT US

(OUR SOLAR INSTALLATIONS)

Installation in progress

www.econserve.in

Page 6: Solar Energy - Why Invest in Solar?

ABOUT US

(OUR SOLAR INSTALLATIONS)

Inverter Control Room

and Rooftop with

Installed Panels www.econserve.in

Page 7: Solar Energy - Why Invest in Solar?

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

Page 8: Solar Energy - Why Invest in Solar?

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Nearly ZERO / Negligible running Costs – which

no other technology can offer

� Reasonably predictable as compared to Wind

� Ideal for major Geography of the Country as

against Hydro, Wind, Biomass etc.

� Shortest Energy Payback (2-5 years)

� Modular and Scalable as against Wind and

Biomass

www.econserve.in

Page 9: Solar Energy - Why Invest in Solar?

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Silent Power Generation – Can be closer to

human habitat

� Does not need Water like Solar Thermal –

hence can be used in Isolated Desert lands

� PV has one of the best life (20-30 years)

� No by-product or waste generated like Biomass

� Does not need any fuel – except Sunlight –

which is practically infinite

www.econserve.in

Page 10: Solar Energy - Why Invest in Solar?

BENEFITS OF PV SOLAR OVER OTHER

RENEWTECHS

� Generation-load proximity ensures Extremely

Low Losses

� Can utilize unutilized rooftop space – even for

larger installations

� No moving parts

www.econserve.in

Page 11: Solar Energy - Why Invest in Solar?

WHY INVEST IN SOLAR?

Page 12: Solar Energy - Why Invest in Solar?

WHY INVEST IN SOLAR?

� India is a Solar-rich Country with good Solar

radiation especially in Rajasthan, Madhya

Pradesh and Gujarat

� Government focus on boosting investments in

Solar Power through Solar Mission

� Long-term gains through 20+ years Power

Purchase Agreement – the only business with a

buyer for a very long period of time

www.econserve.in

Page 13: Solar Energy - Why Invest in Solar?

WHY INVEST IN SOLAR?

� 80% Accelerated Depreciation

� 10 year Tax holiday on revenue generation from

Solar Power

� PV Solar is maintenance free with negligible

maintenance and manpower requirement

� Low gestation period : multi-MW level projects

could be installed in months

� FREE Solar power once the initial investment is

recovered in 5 years (subject to conditions)

www.econserve.in

Page 14: Solar Energy - Why Invest in Solar?

WHY INVEST IN SOLAR?

www.econserve.in

Page 15: Solar Energy - Why Invest in Solar?

WHY INVEST IN SOLAR?

� Solar Energy is the ideal option for

� Profit making Companies wishing to avail 80%

accelerated depreciation for tax savings

� Industrial plants who wish to bring down the cost of

production by consistent and low cost of Solar

Power generation

� Investors looking to make long-term gains from

preferential tariff

www.econserve.in

Page 16: Solar Energy - Why Invest in Solar?

THANK YOU

ENERCO ENERGY SOLUTIONS LLP (MUMBAI)

+91 9890737447

+91 22 42643671

+91 9022545622

[email protected]

WWW.ECONSERVE.IN