ENERGIA VERDE ASSOCIATES

(MAKING INDIA A BETTER PLACE)

 WHY SOLAR ?

Clean, Free & Independent Source of Energy

Sustainable
• Does not cause greenhouse gas emission/ air pollution

Provide electricity to remote places

 Solar Energy To Power
Photovoltaic Solar
• Thin wafer consisting
phosphorous doped (N type) silicon
on top of a thicker layer of boron
doped (P- type) silicon.
• An electric field is created near the
top surface of the cell where these
two materials are in contact (the P-
N junction).
• When sun light strikes the surface
of PV cell, this electrical field results
in a flow of current when the cell is
connected to an electrical load.
Solar Thermal
of • Concentrated solar power (CSP)
systems generate solar power by
using mirrors or lenses to
concentrate sun’s light energy and
convert it into heat
• The converted heat is used to
create steam to drive turbine that
generates electrical power
Solar PV System Components
Types Of Solar Modules
MONO CRYSTALLINE
• Most expensive
• Maximum efficiency (18%~20%)

POLY/ MULTI-CRYSTALLINE
• Less Expensive
• Good efficiency (~16%)

THIN FILM
• Least Expensive
• Lest Efficient (~10%)
Net Metering
Our Experience
100 KW ground mounted solar plant for a
Hatchery in Hisar, Haryana commissioned in
2017

Envisaged annual saving of more than 10

lacs as the existing DG is being
synchronized with Solar plant, hence the
consumption of diesel is reduced.

The generation report is matching with the

estimate.

Solar Panels – Adani 315 W polycrystalline

Solar Inverter – ABB
Structure – MS (E250 grade) conforming to
IS 2062 with 80 Micron thick galvanization
 Implementation Method (EPC)
Complete system to a company- Single point responsibility

The EPC designs the complete system and procures Panels, Inverter, structure etc. and commissions the
complete system

Owner has no responsibility

30% subsidy from HAREDA as per MNRE

Liasoning with DISCOM for net metering by EPC.

Conceptualization to Commissioning is the responsibility of the EPC

40% accelerated depreciation can be claimed in 1st year

Kamla Hospital
Considering the monthly consumption,
the plant capacity of 45 KW has been
considered

Assumptions:-
• Subsidy considered as 30% of the plant cost.
• Subsidy will be availed via MNRE through HAREDA.
• The subsidy amount will come into the account of
the Hospital account.
• The electricity unit rate of DISCOM is considered
as 8 INR/UNIT.
• Escalation of 2% has been considered on the rates
of DISCOM every year.
• Plant maintenance cost of 0.5 INR/Watt has been
considered with escalation of 5% every year.
 Solar Generation (45 KW)
Number of
Radiation Days in
Month (kWh/m2/d) Month Solar Units Generated
January 3.8 31 4186 Solar insolation
February 4.68 28 4656 data taken from
NASA for the
March 5.8 31 6389
location
April 6.3 30 6716
May 6.42 31 7072 For financial
June 6.07 30 6471 analysis 56,250
July 5.22 31 5750 units considered
August 4.81 31 5298 annually
September 5.05 30 5383
October 4.83 31 5320 0.7% solar
degeneration
November 4.18 30 4456
considered annually
December 3.52 31 3877
Total Solar Units in a Year 65,574
Solar Plant – Financial Summary
Plant Capacity (KW) 45 KW
Solar Rooftop Plant Cost ₹ 21,60,000
Net metering Charges ₹ 50,000
Subsidy from HAREDA (30%) ₹ 6,63,000
Net Investment by Owner ₹ 1,547,000

Avg Electricity units per month by Solar (kwh) 4,688

Amount Recovered in 3 years ₹ 1,296,504
Amount Recovered in 4 years ₹ 1,738,043
IRR for 25 years 28.59%
Payback Period (years) 3.57
 Solar Plant – Financial Analysis (4 years)
Plant
Solar Units Maintenance
Generation Cost * DISCOMM Amount of money Cumulative
Year (Annually) (Annually) Tariff saved (Annually) Savings

1 56,250 ₹ 22,500 ₹ 8.00 ₹ 427,500 ₹ 427,500

2 55,856 ₹ 23,625 ₹ 8.16 ₹ 432,162 ₹ 859,662

3 55,465 ₹ 24,806 ₹ 8.32 ₹ 436,842 ₹ 1,296,504

Investment
Recovered
4 55,077 ₹ 26,047 ₹ 8.49 ₹ 441,539 ₹ 1,738,043
*Plant maintenance cost includes only cleaning of Solar panels weekly for better solar generation
 CONTACT US
ENERGIA VERDE ASSOCIATES
Gurugram-122001
Haryana, India
Phone: +91-8527391868

THANK YOU