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Solar Profile
June, 2012
2012 Emergent Ventures. All rights reserved. Confidentiality: The concepts and methodologies contained here in are proprietary to Emergent Ventures. Duplication, reproduction or disclosure of information in this document without the expressed written permission of Emergent Ventures is prohibited.
About Us
EVI started its climate business in 2004 and since then EVI is providing consulting and implementation services to clients in carbon, sustainability and renewable energy domain.
Carbon
EVI has registered 50 + CDM projects to date with 170 + in the pipeline; Fastest time to registration; Experience spanning a range of technologies and processes
Sustainability
As sustainability experts, EVI works with international govt. agencies to frame relevant and actionable policies EVI also assists corporate to create sustainability strategy
Renewable
EVI is providing services to more than 500 MW of RE projects including solar, wind and biomass energy
IDFC Private Equity is an investor in EVI. IDFC PE is Indias largest private equity firm focused on infrastructure managing a corpus of over $1.3B
120+ employees with a presence in India, Sri Lanka, Singapore, Thailand, Indonesia, Malaysia , Spain, U.K and United States Our marquee clientele includes fortune 500 companies, Government bodies, UN bodies, and renowned NGOs
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2004
2005-07
2008-09
2010-11
2012-15
And aims to be Be the recognized world-wide leader of integrated climate change mitigation solutions.
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EVI controls key levers of economic value of clean energy assets for clients
EVI validates and selects technology to yield better generation, higher efficiency Robust land acquisition process with stakeholder consultation
Structured to provide superior returns Better tariff with potential upside accessible Availability of RECs Full access to CERs Highly experienced team for resource assessment. High potential sites selected with high degree of confidence on resource
Site Acquisition
Technology Assessment
Procurement
Owners Engineer, EPC/ EPC M
Power sales
Resource Assessment
Financing
Feasibility Analysis
Carbon Value
Better case for carbon registration, better value for carbon stream.
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Wind
Solar PV Thermal-Biomass & Gasification Clean Energy Electrical / Electronics / Instrument Mechanical
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Civil
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Our Services
Consulting Services
Carbon Advisory Sustainability Advisory Solar & Wind Energy Advisory
Implementation Services
Solar Photovoltaic Project Wind Power Project
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Consulting Services
Our consulting services focus on most critical issues and opportunities in carbon, sustainability and renewable. We have strong functional expertise and are known to deliver high value solutions to our clients. We are a proven partner to deal with complexities in these emerging areas.
Sustainability Disclosure and Management Carbon Foot Printing Sustainability/GHG management plans Policy Research & Advisory Sustainability Risk Advisory Ozone Depletion Substances management National Mitigation and Adaptation actions
CDM / VCM Registration and Issuance Trading of Carbon Credits Carbon Asset Management and financing Renewable Energy Certificates
Sustainability Advisory
RE Advisory
Strategic Advice on RE investments and or procurement Techno-commercial assessments, due diligence Resource Assessment Performance Diagnostic and Improvement Advisory on regulation, permitting etc Financial Arrangements (equity, debt); sale of assets Trading of RE power; buying anf seeling, contracting
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Implementation Services
Our Implementation services focus on creating high ROE renewable energy options for our clients. Using our end-end services model we create solutions that deliver superior value for renewable investments. We provide wind project advisory though our subsidiary WindForce Management Services Pvt. Ltd.
Owners Engineer Design, Feasibility Procurement engineering, Vendor Contracting Project Management Integrated Development Sevices (just like in wind) for REC based solar projects PPA based Roof Top Solar for industries Off Grid solar EPC services. Lenders Engineer
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He holds a bachelors degree in mechanical engineering, and an MBA from the Indian Institute of Management, Ahmedabad. Before he founded EVI, Vinod spent two decade as a business consultant, handling cross-border mergers and acquisitions, large-scale financial re-engineering, and the launching of new products and ventures.
Ashutosh is a chemical engineer from HBTI, Kanpur and holds a master's degree from the Indian Institute of Management, Calcutta. Under his leadership, EVI has grown from its first assignment to a presence in more than 10 countries across four continents today. He is an expert on the carbon markets and sustainability related issues.
He implemented the first ever wind farm project in India; more than 25 years of experience in Wind and other renewable sources and he is former secretary of India Wind Energy Association; Active participant in World Wind Energy Association (WWEA), International Renewable Energy Agency (IRENA) and he ia a Treasurer of WWEA (World Wind Energy Association) and Chairman - World Wind Energy Technology Platform.
He holds a masters degree in Land and Water Management Engineering and has studied 'Energy Planning and The Environment' from the University of Oslo, Norway.
Sanjay has over 22 years of experience. He has led projects with agencies such as the GEF, UNDP, US EPA, German government, ADB and World Bank. He continues to assist the Bureau of Energy Efficiency, India on appliance standards and building energy efficiency programs.
Atul is a Mechanical Engineer and also has a Masters degree in Energy and Environment from the Indian Institute of Technology, Delhi. He is a certified energy auditor from BEE, Bureau of Energy Efficiency. With more than 10 years of industry experience, Atul is a well known expert on methodology and PDD development.
He is an Electronics Engineer and is a member of Engineers Ireland (MIEI). In his over 18 years of diverse experience in Solar Photovoltaic (PV) Energy field, Siddhartha has handled grid connected PV projects in Europe, industrial off-grid PV projects in Middle East and rural electrification PV projects and Solar PV Cell & Module Manufacturing in India.
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Financial Services
Procurement Services
Detailed Design
Implementati on Support / QA
Rooftop and Small Scale Solar Projects Feasibility Analysis Resource Assessment Technology identification Engineering, Procurement and Construction (EPC) Realization of subsidy benefits/RECs Consultancy Services Feasibility DPR preparation Financial modeling Commissioning and testing or plant performance third party assessment Assistance for participating in various Govt. driven scheme
Development Services Feasibility Resource Assessment Technology identification DPR preparation Site Acquisition / Permitting Power Sale / PPA Financial Services
Owners Engineer Services Basic design Selection of EPC contractor Implementation Support Review all design Review vendor selection Construction supervision Quality assurance
EPC Management Services Basic and detailed design Selection of project components Procurement Services Erection and Installation Commissioning and testing
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Solar with minimum O&M cost will deliver power stable cost and predictable manner
No fuel cost Once developed will deliver energy for 25 years (Guaranteed) Very well fits into the scheme of sustainability and reduction of CO2 emissions Brand building initiative as Green Company 80% AD linked income tax benefits available to investors (Income tax rules) Reduce Rs. 2.5 3.0 crore tax liability per MW solar investment MNRE provides capital subsidy (CFA) for implementing off-grid solar projects The capacity under the subsidy scheme is limited to 100 kWp/site for Non- Commercial, Industrial/Commercial entities.
Sustainability
CFA is 30% limited for general areas and 90% for Special category states/North-East States
Benefit from Indias REC scheme RECs will be purchase by Obligated Entities (DISCOMs, Open Access Consumer & Thermal Captive Power Plant) having mandate to utilize min % of RE power including solar. Solar REC price (as notified by Central Electricity Regulatory Commission, CERC)
Apr, 2012 Mar, 2018: Floor Rs. 9.3/unit & Cap Rs. 13.4/unit
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EVI will handhold the client to setup the small scale rooftop solar project from concept to commissioning (EPC)
Solar resource assessment Feasibility assessment study through conducting techno-commercial
Feasibility Analysis
Financial Services
Technology Assessment
Resource Assessment
Client Code
OE / EPCM
Location
A1 C1 E1 C2 S1
5 1 26 10 1
S2
S3
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Gujarat
Gujarat Portfolio across India
Assignment completed Assignment completed Feasibility Analysis completed for >10 companies. Contracting in progress In progress EVIs own on-ground solar radiation measurement station has been working for the past 6 months
M1
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R1
Across India
Rajasthan
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Status
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Context: o International Media House with assets in Mauritius and Nepal received an allotment of 5 MW under Gujarat State Programme; No background in Solar or Power o Appointed EVI for Financial, Procurement and OE Services Services Provided: o Carried out Basic Engineering and froze technical specifications; prepared RFP documentation; o RFP process completed successfully; Turn-key EPC Contract signed within 1 month of award of mandate o Debt of INR 45.8 Cr raised through a consortium of banks within two months o All detailed drawings approved by EVI before execution; Ensured that all codes and specifications were followed o Full time project in-charge deployed on site by EVI to review progress and quality
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Context: oThe Client has a business in installation of telecom towers, and wanted to diversify into solar; however did not wish to start at a very large scale oAppointed EVI for development of a small scale solar plant under the National Solar Mission Services Provided: oAssisted Client in obtaining 1 MW allocation under the RPSSGP oLease agreement for selected site signed with Rajasthan Government oAssisted the Client in raising Quasi-Equity for Project execution oRFP process completed successfully; Turn-key EPC Contract with supplier finance signed o Debt application complete financial close with a leading Indian Bank in progress oProject expected to complete by January 2012
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Context: o The Client is a leading beverage company; wished to set up a pilot plant in India o Appointed EVI as partner for conducting detailed feasibility assessment Services Provided: o Assisting the Client in developing a MW scale rooftop solar project in one of its manufacturing plants. o Site assessment and technology identification o Basic engineering, detail engineering, preparation of BoQ, preparation and floating of RfQ
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Why EVI?
EVIs mission is to bring global finance and technology together to accelerate climate change mitigation and Sustainable development
People with strong domain expertise and a passion for environment, making sustainability viable
High quality delivery Processes which assure consistency and quality, and bring innovation rapidly to markets.
Integrated offerings with strong value proposition to investors, users , policy makers, local as well as global
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United Kingdom Europe USA Pakistan India Nepal Bhutan Thailand Srilanka Singapore Malaysia Indonesia
Corporate Office
Emergent Ventures 5th Floor, Universal Trade Tower Gurgaon- Sohna Road, Sector 49 Haryana, India , 122001
Mexico Nigeria
Egypt
Projects
ODS Management
NAMA
VERs/ CDM Projects Registration, monitoring, Verification and offset management Footprint, Life Cycle Assessment Forestry & REDD+ Sustainability Reporting VERs sales, U.S.A Biomass based gasifier implementation in Srilanka Technology Needs Assessment project under the UNFCCC framework in Bhutan
VERs/ CDM Projects Registration, monitoring, Verification and offset management MSW Solar Biomass Hydro Waste Water Treatment Wind
India
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Emergent Ventures India Pvt. Ltd. 5th Floor, Universal Trade Tower, Sec-49, Gurgaon, India Ph: +91 124 6653100 Fax: +91 124 6653200 contact@emergent-ventures.com www.emergent-ventures.com