harsha abakus solar pvt. ltd

HARSHA ABAKUS SOLAR Pvt. Ltd.

lessons learnt in India &

recommendations for future investments in

solar auto-consumption

RE-workshop hosted by the Indo-German Energy Forum During the WB India Summit on 11th of September 2020

2

PRESENTATION FLOW

• Introduction on who we are

• Why would an entrepreneur invest in solar?

• Typical Obstacles

• Lessons learnt in India

INTRODUCTION HARSHA ABAKUS SOLAR

• Founded in 2010

• Established solar EPC as a German-Indian JV

• Gujarat based

• Family owned

• One of the largest independent EPC companies in India

• Experienced team with 150+ professionals

• Branch office in Middle East with Indian back-office

3

INTRODUCTION HARSHA ABAKUS SOLAR

• 10 years of German-Indian friendship

5

WHY would an entrepreneur invest in solar?

Corporate Social Responsibility

to make more profit

power independance

representation

SOFT REASON

HARD REASON

6

WHY would an entrepreneur invest in solar?

corporate social responsibilityrepresentation

SOFT REASON

PV at Akshardam temple free PV for orphanage

PV as high fashion architecture

representation

7

WHY would an entrepreneur invest in solar?

HARD REASON

power independance

profit

substitution of gridpower at lower price selling to grid

➢ auto-consumption is the most profitable business proposition for solar

➢ ideally use existing LT electrical infrastructure

➢ solar as “negative load “ connected at shop floor level

➢ most profitable with high electricity tariffs

8

Typical obstacles?

➢ auto-consumption happens in the distribution grid

➢ auto-consumption happens at retail prices

➢ auto-consumption hurts Discoms

➢ (Discom) emission targets not efficiently enforced

➢ distribution sector is not fully unbundled

➢ Discom crisis leads to a challenging relationship

➢ win-lose relationship

Lessons learnt (Jindal polyfilm in Nashik/Maharashtra)

Sou

rce:

Go

ogl

e Ea

rth

➢ heavy industry with 24/7 operation

➢ 2.5 MWp solar

➢ 3.75 GWh of solar electricity per year

➢ less than 15% of total consumption

➢ 100% auto-consumption

➢ Economical no-brainer

Lessons learnt (CERA ceramics in Kadi/Gujarat)

Sou

rce:

Go

ogl

e Ea

rth

➢ heavy industry with 24/7 operation

➢ 1 MWp solar

➢ 1.5 GWh solar electricity per year

➢ less than 10% of total consumption

➢ 100% auto-consumption

➢ attractive financial depreciation

➢ economical no-brainer

➢ BUT: Most roofs not suitable

Lessons learnt (GMR/Celebi - Delhi airport)

Sou

rce:

Go

ogl

e Ea

rth

➢ logistics with 24/7 operation

➢ 2 + 1.72 MWp solar

➢ < 10% of total consumption

➢ BUT: Air quality limits profits

Lessons learnt (teach, tell, train - and roll up your sleeves)

YOU TEACH!!!

YOU LEARN!!!

Lessons learnt (listen, think, listen again and drink lots of tea!!!!

Lessons learnt: Indian Ingenuity

Start your personal journey to India now…….

THANK YOU!

CONTACT:

Frank Polhaus: fpolhaus@gmail.com

Phone: +49 151 52644455