Advantages of Roof Top Power Generation - RE

Advantages of Roof Top Power Generation
Energy Scenario in India
Primary Energy Consumption per million
people (TOE)
Rising Energy Consumption in India
70
7.0
Per-Capita Energy Consumption
(00’ kWh)
67
60
64
62
61
56
3.8
50
45
40
2.0
World Average : 1.8
37
0.6
0
2007
2008
2009
2010
2011
2012
2013 *
India
China
US
Germany
Quality of Electricity Supply : India Ranks low among EMEs
1= Highly unreliable 7 = Highly Reliable
6.2
5.4
5.4
5.9
5.2
5.1
5.1
4.8
4.8
4.6
4.3
4.1
3.4
2.7
2.6
Source: CEA, India, Global Competitiveness Report -2014, * Waaree Estimates
Italy
Argentina
Eqypt
India
Brazil
Indonesia
Mexico
Turkey
Russia
Thailand
Colombia
China
Morocco
Chile
Taiwan
Per capita energy consumption in India is very
low compared to developed nations.
Energy consumption is low due to insufficient
supply of electricity
400 Million without access to electricity ,
distributed energy provides faster access
70% of population without access to reliable and
continuous source of power
2
3
Tax Credit Policies for Solar Power
Installations
Proposed Tax Credit policy
• Any person/institution/company who installs solar power will benefit from
tax credit of Rs 5 per unit generated from the system
• This tax credit would be available for 15 years
• It can also be traded and can be sold to other parties
• Applicability :
• Individual consumers : 3-6 kW
• Commercial Buildings (on rooftop) : 10 – 100 kW
• Industrial Consumers : 1000kW – 50 MW
• Micro-Grid Owners : 5kW – 20kW
4
100 GW in next 2-3 years with Tax Credit
Policies
Waaree believes that this scheme will bring in more than 100GW of
installation across the country through distributed installation without any
immediate stress on the exchequer.
What this 100GW means :
• Generation of 160Billion* units of green and clean energy every year
• Total Tax incentive value – 800 Billion INR or 80,000Cr
• Tax incentive would be spread across 15 years
* 1 MW of Solar Power Plant produces on an average of 1.6 Million unit of electricity in a year
5
100 GW Installation – Individual Houses
Individual houses will contribute significantly to solar power installation if
incentivized through tax credit policies.
Typical houses would have installation ranging between 3 – 6 kW.
Benefits to a 3 kW owner
• Free power of 4800* units each year for 25 years (Equivalent to Rs 24,000 **)
• Tax credit worth of Rs. 24,000 each year
Benefits to a 4 kW owner
• Free power of 6400 units each year for 25 years
• Tax credit worth of Rs. 32,000 each year
Benefits to a 5 kW owner
• Free power of 8000 units each year for 25 years
• Tax credit worth of Rs. 40,000 each year
Benefits to a 6 kW owner
• Free power of 9600 units each year for 25 years
• Tax credit worth of Rs. 48,000 each year
* 1kW of installation would produce on an average of 1600 units of electricity in a year
** Rs 5/unit is the average tariff of individual urban consumers
6
100 GW Installation – Commercial
Buildings
Commercial buildings which has substantial power requirements and has to pay
substantial amount on electricity bills can save on solar installations and benefit from tax
credit too
Typical commercial installations would have installation ranging between 10 – 100 kW.
Benefits to a 50 kW owner
• Free power of 80,000* units each year for 25 years (Equivalent to Rs 5,60,000 **)
• Tax credit worth of Rs. 4,00,000 each year
* 1kW of installation would produce on an average of 1600 units of electricity in a year
** Rs 7/unit is the average tariff of industrial consumers
7
100 GW Installation – Industrial
Consumers
Industrial consumers can benefit from cheaper power and reduce dependencies on
external power sources. Also, RPO obligations can also be met.
Typical commercial installations would have installation ranging between 1000kW –
50MW.
Benefits to a 1 MW owner
• Free power of 16,00,000* units each year for 25 years (Equivalent to Rs 1,28,00,000 **)
• Tax credit worth of Rs. 80,00,000 each year
* 1kW of installation would produce on an average of 1600 units of electricity in a year
** Rs 8/unit is the average tariff of industrial consumers
Advantage – Roof Utilization
Sites of WAAREE
Client
Surat Municipality Corp.
Place
Gujarat
Size
100 KW On Grid
Client
VVP Engineering College
Place
Rajkot, India
Size
100 KW Off Grid
Advantage – Roof Utilization
Self Sustaining Power Generation & Utilization
On an average , Each of the Metro Cities of India can have roofs that can generate
almost 4000 MW of power .
Atleast 10% - 30% of the power requirements can be generated through the idle roofs
of each metro.
Each roof that is u-utilized can become a power production house
The roof can become an Revenue Generator by selling generated power
Savings - $$$$$
The transmission lines that wind the city can be nullified or reduced
Power Losses reduced
The money spent on infrastructure of laying of cables can instead be used to invest
on solar roof tops.
Decentralized Power the best choice for smart grid management
MNRE: Ministry of New and Renewable Energy
SECI: Solar Energy Corporation of India
Advantage – Roof Utilization
Client
Urja Vikas Bhavan
Place
Uttrakhand, India
Size
25 Kw w/ battery backup
Waaree Sites
Thank You
“I'd put my money on the sun and
solar energy”
“I hope we don't have to wait 'till oil
and coal run out before we tackle
that”
Thomas Edison (1847 – 1931)
www.waaree.com
THANK YOU
WAAREE ENERGIES LTD.
Head Office :
602, Western Edge-I, Western Express Highway, Borivali (E)
Mumbai – 400 066, India
Board Line: +91- 22 - 66 44 44 44
Fax Line : +91- 22 - 66 44 44 00
Visit us at: www.waaree.com
Email : anandkumar@waaree.com
12