solar energy - why invest in solar?
DESCRIPTION
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
SOLAR ENERGY
WHY INVEST IN SOLAR POWER
POWER PROJECT?
ENERCO ENERGY SOLUTIONS LLP (MUMBAI)
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
INTRODUCTION (CLIENTS)
�
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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.
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ABOUT US
(OUR SOLAR INSTALLATIONS)
Installation in progress
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ABOUT US
(OUR SOLAR INSTALLATIONS)
Inverter Control Room
and Rooftop with
Installed Panels www.econserve.in
BENEFITS OF PV SOLAR OVER OTHER
RENEWTECHS
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
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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
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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
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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
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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)
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WHY INVEST IN SOLAR?
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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
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THANK YOU
ENERCO ENERGY SOLUTIONS LLP (MUMBAI)
+91 9890737447
+91 22 42643671
+91 9022545622
WWW.ECONSERVE.IN