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Page 1: SOLAR INTERCONTINENTAL(SOLARIC) LTD.solaricglobal.com/wp-content/uploads/2016/07/Solaric...Bar-Association and awarded 1 year certificate course in UCPDC & URC by ICC, France. He is

SOLAR INTERCONTINENTAL(SOLARIC) LTD.

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Profile of SOLARIC

About SOLARIC

Solar Intercontinental (SOLARIC) Ltd. is a Bangladeshi registered Research and Product Development Company in the field of Renewable Energy (Solar) since 2009. The company started its commercial operation in 2011 to productize the newly invented technology. With a factory established and operated by 50 employees, the company is producing thousands of Energy Efficient Solar Home Systems per month since June 2011. SOLARIC develops new and appropriate technology such as 3rd generation Solar Home System (3G-SHS) and also manufacturing the product and distributing them through its own network and partners.

Background

Energy crisis and Environmental pollutions are two of the most important issues in the world now. Bangladesh along with most of the developing countries is the victim of these crises. Bangladesh being a low income country and having least possible proven mineral resources, struggling from the beginning to meet the growing energy demands. The shortfall between the demand and supply has been sky rocketing in the last few years as the purchasing power of the rural and middle class is growing due to influx of foreign remittances. The quest for alternative source of energy and the thrust for energy conservation are the inevitable outcome of this crisis.

Realizing these facts, SOLARIC devoted itself since 2009, in the research of developing a new technology to address the need of the time, namely affordable solar solutions and Conservation of Energy. The concentration was on the applications of solar energy and making it commercially viable for domestic and commercial uses and reducing environmental pollutions. After one and half years of research, the company successfully developed “SOLAR OPTIMIZER” which dramatically improves the efficiency of Solar system and reduces the end-user cost by as much as 50%. Built-in features like Intelligent Power Tracking (IPT), Efficient Power Management and the use of innovative new appliances like Energy-saving Fan and LED Lights, the power consumption can also be reduced by 90% and thereby reduce the system cost dramatically. Based on the patented technology, SOLARIC now offers 3G-SHS which is a combination of Solar Optimizer, LED lamp, Energy efficient fan, Solar Battery and Solar Panel.

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Vision The Company envisages being The Technology Leader in the field of solar energy by developing and productizing innovative and appropriate technologies through Research and Development and offer Green Power to all.

Mission and Objectives 1. To be one of the leading Technology Driven Manufacturers and Turn-key Solution

Provider of Solar Energy along with the Energy saving appliances. 2. Providing Green energy to the people at significantly reduced cost through the use of

technology and making it commercially viable. 3. Providing solar energy to rural areas at significantly lower cost thus meeting the basic

needs of the common people and contributing in uplifting their living standard. 4. Significantly reducing the power consumption and helping the governments in power

management. 5. Exploring the enormous potentials of solar energy, exporting the products to foreign

markets and contributing creating a pollution free environment.

Key Management Profile

The Founder

Didar Islam, Managing Director & CEO

SOLARIC was formed in 2009 by its principal entrepreneur, Mr.Didar Islam, who is the

Managing Director and CEO of the Company. Didar is an electronics & electrical engineer

with professional experience in semiconductor design in the US. After graduating from

Bangladesh University of Engineering and Technology (BUET), he moved to the US to

complete his Master’s degree and pursued a PhD at the University of Florida. He holds 10

US patents, founded several US companies and founded the first semiconductor design

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company in Bangladesh after his return to Dhaka. Didar developed and patented the micro-

inverter IC that is now used in SOLARIC’s solar home and power backup systems.

Fahmida Sultana, Finance Director

She is a computer engineer with professional experience in ORACLE Corporation, Orlando,

Florida. After graduating from Bangladesh University of Engineering and Technology

(BUET), she moved to the US to complete her Masters degree at the University of Central

Florida.

ABM Noor-e-Alam, CPA - Chief Financial Officer (CFO)

He is an Associate Member of the AICPA (Eng& Wale), also an Associate Member of the

Institute of Commercial & Industrial Accountants ( Malaysia), and a member of Dhaka Tax-

Bar-Association and awarded 1 year certificate course in UCPDC & URC by ICC, France. He

is a veteran financial analyst with more than 16 years experience in the field of finance,

accounts, taxation including VAT, customs and company matters, export, import and also

discharged his duties in senior management position in different companies in Bangladesh.

Naznin Akhter – Director, Marketing

Head of Marketing Operation,a highly talented engineer from BUET and MBA from North

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South University, heading the entire marketing operation. She has successfully running her

own business for 5 years, brings the expertise of running local operation and the skill set of

engaging local partners. She has been awarded by the IEB Merit Award for contribution in

activated carbon manufacturing in Bangladesh.

Nasir Uddin Ahmed- Chief Technology Officer (CTO)

An electrical engineer from BUET being the Chief Technical Officer of SOLARIC, heading

the whole R&D team including New Product Development Department (NPDD) for

developing new products. He worked as top level management in AL-CATEL, Matrix

Engineering, Techno Worth Ltd., Power Zone, Power IC Ltd.

Kazi Shaiful Arif - Head of HR & Admin

Being experienced for 23 years in HR & Admin operations, joined as Head of HR & Admin.

He has completed Hons in Management & MBA in HRM and started his career in an

engineering consultancy firm. He has achieved best employee award in Rupayan Group.

Production In May 2011, SOLARIC setup the manufacturing facility of its own. With a factory space of around 10,000 sqft, all the electronics such as the Solar Optimizer, Micro-inverters, Energy meter etc. are being produced at the factory from scratch with basic components. Around 50 employees work at the factory premise with a production capacity of 5000 systems per month. Strict ISO standards are followed at the factory for quality control, occupation safety and environmental issues. Additional manufacturing capacity has been developed in China on CM (Contract Manufacturing) basis to increase the capacity 10fold.

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Core Competency

Innovation at the circuit and product level is the core strength of the company. SOLARIC secures the access to the latest technology through the exclusive partnership agreement with the world-class Research and Development Company (Power IC Ltd.) and carries out further research in-house at the demand-end including the energy-saving appliances and market trend. Combining the strengths of the core technology and the appropriate energy saving appliances, SOLARIC continues to lead the market by offering significant cost saving and Energy saving through the use of its latest and appropriate technologies.

Competitive Advantage Being a technology company, fuelled by the strength of the cutting edge technology developed locally (Bangladesh), SOLARIC is uniquely poised to develop new products and manufacture them with simplicity (no heavy machineries required). The company exploits the high level of skill set of the expert engineers and technicians and combines them with the CKD (Complete Knock Down), OEM (Original Equipment Manufacturing) and CM (Contract Manufacturing) model of manufacturing, As a result, the time to market is shortened significantly. In short, the competitive advantages could be summarized as below: a. Significantly lower price (40% lower than traditional solar solutions) through applying

proprietary technology.

b. Providing solution (Dual charging backup power systems - Solar Charging +Grid Charging) for the un-served market (Areas where Grid connection is available but suffers frequent power failure).

Description of the Business 1. The company Solar Intercontinental (SOLARIC) Ltd. is a Private Limited Company,

registered under Joint Stock Co. Bangladesh. It is a high-tech company with the

primary objective to innovate new technologies, products and packages in the area of

renewable energy and marketing in Bangladesh, as the primary market and then export

to other countries worldwide as secondary market. Solar Micro-inverter for Off-grid

solar applications, the first and only practical solution available in the world, is the

core technology to be used for these products.

2. SOLARIC has developed 3G-SHS based on its patented technology which is based on its

ground-breaking technology known as “Solar Optimizer” and began production in 2011.

The result of this intense effort is a family of products, both Solar and Non-solar

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applications that include LED based Solar Home Systems (SHS) for rural (off-grid) areas

and LED based Lighting systems for semi-urban and urban areas.

3. Presently SOALRIC has devoted itself in advanced researches on providing solar

connections in newly built Residential, Commercial and Industrial complexes to meet

the Govt. requirement of taking 3% to 10% energy from solar source is a major

commitment and social responsibility of the company.

MANPOWER

The Company currently employs 145 staff members, including Didar, a Chief Financial Officer, a General Manager, a Chief Operating Officer, a Marketing Chief, and a Head of HR. There are 50workers work in the SOLARIC factory.

Achievements

SOLARIC began its R&D on solar system in the early 2009 and as of now, the company has

around 200+ employees with 90% engineering background, 30 branches of its own and 200+

branches from its partner networks. The actual sales begin since mid of 2011. SOLARIC has

so far delivered 150,000 units of 3G-SHS in the rural Bangladesh.

Development Impact SOLARIC creates significant development impact through the generation of clean affordable solar power for rural communities in Bangladesh. Its proprietary technology reduces the cost and increases the efficiency of these environmentally friendly, carbon-reducing power systems. Power generated by SOLARIC enable children to continue education, banks to operate in under-served areas, and government offices to run information centers that provide services to rural communities.

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Lower cost is adding new consumer (30% growth per month) and saving millions of dollars (nearly $0.5Million savings per month)

It is also showcasing the commercial model in the renewable energy sector from supply to consumer end

Creating employment. 200+ direct and 600+ indirect already

No. of own branches 40 and partner branches (exclusive) 240

Below table represents some of key development impacts facilitated by SOLARIC:

Key Figures 2012 2013 2014 2015 No. of systems installed 1,984 8,041 13,664 18,568

No. of villages reached 176 12,510 7,102 6,747

No. of rural household served 1,984 8,041 13,664 18,568

No. of peoples served 8,930 36,187 61,488 83,558

No. of Kw generated 99 402 547 557

No. of Kerosene lamp replaced 7,898 32,166 54,656 74,274

CO2 reduction in MT (per year)

794 3,217 5,466 7,427

(0.2 metric Ton/light/year)

No. of systems sold 4,696 9,551 17,086 18,403

Actual Sales (Million USD) 0.9 2.34 4.27 4.41

Socio-Economic Impact

a) Financial

SOLARIC is working relentlessly to improve the efficiency of the entire system including the technology, business model and the means of delivery. Higher efficiency is reducing the cost and the benefits are:

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Enabling people to migrate from “Solar Lamp” to “SOLAR POWER” and enhance their livelihood and quality of life

Running small Office in the off-grid areas and reaching the rural population, Thousands of people already getting the benefit

Lowering carbon footprint by moving more and more people out of kerosene use, For every 1000 customer connected with 3G-SHS, the carbon emission is reduced by 800 metric ton per year

Reducing mercury pollution by replacing the FT lamp with LED lamp

Reducing battery related pollution by reducing the battery requirement by 50%

b) Social

SOLARIC is engaged directly in designing and customizing new systems (known as Energy

Efficient system) for specific applications such as Remote office, Digital school,

Communication Hub etc. as a result the benefits are:

c) Environmental

SOLARIC is active through its product and delivery

system to reduce environmental pollution

Key Customers

Currently SOLARICsupplies 3G-SHS to more than 15 partners locally who are doing business

all over Bangladesh. We have both IDCOL & Non-IDCOL partners. Some of them are listed

below:

1. BRAC Solar Foundation

2. PalliDaridroBimochon Foundation (PDBF)

3. Grameen Shakti

4. Jagorani Chakra Foundation

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5. Meghna Solar

6. Pally Bikash Kendra

7. Sangram

8. Al-FalahAamUnnayanShangstha (AFAUS)

9. DESHA

10. UpokulioBiddyutaon O MohilaUnnayanShamity (UBOMUS)

11. JSF Technology

12. PadakkhepManabikUnnayan Kendra

13. Green Housing & Energy Limited (GHEL)

14. SamajUnnayanPalliShangstha (SDRS)

15. Rural Development Shangstha (RDS)

In addition, some of the key foreign partners are listed below:

1. E-Hands Energy, Chennai, India 2. Husk Power, Bihar, India 3. Inkroute Consultancy, Orissa, India 4. One Planet Solutions, Kathmandu, Nepal 5. Sun Lite and Power, Kuala Lumpur, Malaysia 6. Rex Energy, Dares Salaam, Tanzania 7. MIKAIL Enterprise, Lusaka, Zambia 8. JS Group, Lahore, Pakistan 9. Yoma Group, Yangon, Myanmar

Current Products

Currently SOLARIC is working on three different needs:

3G SHS (3rd Generation Solar Home System)

Nano Grid (Low cost community solution)

Grid Free (Unique battery-less and grid independent solar solution)

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3G-SHS (3rd Generation Solar Home System)

3G-SHS is the only commercially available high voltage (125V) DC based Solar Home System

in the world. This patented technology enables the consumer to use standard appliances

such as Laptop, fan, Color TV, standard LED Lighting etc. for the first time in the off-grid

areas using single PV & Battery.

Features

Lower system cost

Use of standard appliances

Maintenance free operation

Commercially viable and mitigate the need for subsidy

SOLARIC Exports to Asia & Africa

In 2013 SOLARIC started export of its ground-breaking invention, 3G-SHS based on Solar Optimizer to India. Currently it is sending regular shipments to 2 of India’s renowned renewable energy companies.

In addition to India, It has also sent its products to Nepal and Malaysia. The international business is expected to expand to Pakistan and Myanmar within 2016.

SOLARIC started its first venture in Africa in 2014 in Tanzania.

In 2016 SOLARIC is ready to expand it African operation in Zambia, Nigeria, Ghana,

Mozambique and Namibia.

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SOLARIC Projects

UISC Project: 3,208 Union Parishad

Case Study: User Experience

One of the biggest projects completed by SOLARIC so far was to install Energy Managed Solar System (EMSS) at all 3,208 union parishad offices for Bangladesh Government under Union Service and Information Center (UISC) project. These offices are grid power connected. However, SOLARIC’s objective was to ensure proper solar power back-up while grid power interrupts.

This system consists of some high technological device like solar optimizer, energy tracker, photo voltaic module and batteries. We called this system as 3G solar system where output voltage is 125V dc instead of conventional 12V dc system. This high voltage dc system creates a huge difference compare to other solar system and increase the system efficiency by reduced voltage drop.

Energy Tracker is a unique device by SOLARIC which enables to shift between Low & High power mode. For instance, users will be able to run devices like laptop, printer, scanner, webcam, led light, fans etc at low power mode (regular load).

UISC Location:Bangaon Union Parishod,

Savar, Dhaka

Entrepreneur Name: Md. Riyad Khan

Before Installation of EMSS the Entrepreneur

Mr. Riyad Khan didn’t work properly due to

load shedding and the people had suffered a

lot to get their service from UISC. People

were wait until power come back and income

of entrepreneur was poor. After this system

has been installed the entrepreneur doesn’t

wait for power supply and their income has

now increased.

Handing over the kit to the users

User describing his personal experience

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Govt. Digitalization Project: 487 Upazila solar powered

As a part of Bangladesh Governments E-governance initiatives, there was a project to establish connectivity among all government agencies. SOLARIC was the proud achiever to complete the project.

The objective was to provide uninterrupted power supply for internet connectivity modules such as router, video conferencing facilities etc. As a commendable player in the field of solar renewable energy optimization, SOLARIC was happy to extend its hand of cooperation.

The systems installed was designed to support a maximum load of 585W (for router, video conferencing, light, fan, IP phone etc.)

Some of the basic attributes are below

Description Consideration

Voltage 220V, 50Hz AC

Battery Charging Efficiency

90%

Battery DOD 70%

Autonomy 02 Days

Solar Inverter 93% of Peak or Higher

This project have some exclusive environmental benefits as it deals with green energy and reduces the 𝐶𝑂2 emission

Also there is some social benefits as it doesn’t use solar energy (unless required). So the community is getting benefitted. Uninterrupted communication was one of the huge benefits earned by this project.

Infosarker Solar Kit

Video Conferencing Facility

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Bangladesh Bank Project: 108 KWp Grid Free System

To help Bangladesh Bank’s “Green Building” initiative, SOALRIC has successfully completed one of its mega projects by installing a 108Kwp Grid free system at their head office.

The objective was to Installing Solar System with no additional battery. Due to its various disadvantages, Grid Tie was not the option they were looking for. So, SOALRIC innovated a new technology called “Grid Free” with an intelligent Delta controller.

The heart of the system is an intelligent charge control algorithm that senses the load and the Sun condition ( Irradiance) and appropriately sets the charging current from the PV so that it can support the load and also stores a small energy to cover the fluctuation of irradiance during day time. The amount of energy harnessed from the PV per day is equal to the energy consumed per day. As a result, a small size energy buffer is required to store the momentary excess. The PV is over-sized in a way such that it can offer significant amount of energy even at low irradiance (morning and afternoon) to elongate the backup time. It is a significantly cheaper trade-off as the price of the battery is 6 times more than the PV and it also poses health hazard and space constrain.

Some of the key attributes are below

Component Attributes

PV 108 Kwp

Battery No extra battery

Load 50 Kw

Operating hours 6 hours/day

Rooftop Space 80 sqft/Kwp

PV panels at the roof of BB

Control Room

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Patent of products

The department of Patent, Design and Trademarks of the Government of the Peoples Republic of

Bangladesh has granted three patents to the company, title of which with brief descriptions is given

below:

1. Improved Solar Home System Key features: 3G-SHS is a complete solar home system that removes the

limitations of traditional SHS (1G and 2G) by converting the low voltage (12V)

into higher standard voltage (120V or 220V). The conversion technique is DC-DC

to ensure high energy efficiency. The output voltage is highly regulated (less than

0.1% over variation of load and input level) so that LED lamp can be used directly

driven by the converter without any additional driver for the LED lamp. The choice

of output voltage in the 3G-SHS, within the range of 85V-265V (universal voltage

range) makes it possible to operate any standard energy efficient appliance such

as color TV (LCD or LED), CFL lamp (220V, AC), Laptop, energy efficient fan etc..

Standard wiring, unlimited distance, ability to charge mobile phone without any

additional adaptor etc. are the key benefits of using 3G-SHS in the off-grid areas.

2. Standalone Prepaid DC Energy Meter Key Features: SPDC-EMS is a complete energy metering system that removes

the need to have any remote communication using telephone, mobile phone,

internet etc. such that the system can operate independently in the area where it

is used. This unique system has been developed with three distinct features in

mind such as Standalone operation, Simple and low cost prepayment system,

Wide range of DC voltage as the source. The embodiment of the entire system has

been realized by developing 2 pieces of equipment known as Code generator and

DC prepaid meter. Code generator accepts input such as the amount of pre-

payment, meter ID etc. from the operator manually and generates a unique code

which is different every time and can be recognized by the DC prepaid meter only

which matches the meter ID. The DC pre-paid meter can be operated from a wide

range of DC voltage (12V to 600V) and can accept the unique code generated by

the Code generator and updates the available balance upon successful

authentication. Both devices are used in the same geographical location (usually

Intelligent Delta Charge Controller

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1-2 km) and does not need any other communication outside the location for

successful pre-payment and metering operation.

3. A highly energy efficient modularized DC – DC converter with a

small controller for turning ON the appropriate no. Of modules

by sensing the load

Key Features: is a highly energy efficient DC-DC conversion system where the

self-consumption and the conversion loss have been reduced dramatically by

using a number of smaller DC-DC converter modules in parallel and controlling

them using a smart controller which turns ON and OFF the appropriate number of

modules by sensing the load. Many of these converters can be used in parallel to

further increase the load capacity of the system. This unique system has been

developed with three distinct application nature in mind such as Efficient energy

conversion regardless of the load condition, 24 hour operation with variable load

and low cost easy scalability of the system.

And … The Future

One of the main differences between SOLARIC and other solar technology developer companies is

that SOLARIC always keeps one question at the back of mind – “How this innovation will improve

the quality of human life?” Reason behind that is the intention and commitment towards the

underprivileged community who always thrived for a better life. Many a times the company had to

choose the harder path, as it never compromises with quality, safety and service issues. The

dedication and hard work has already paying its dividend as SOLARIC was able to gain the trust of

the Government of Bangladesh within very short time by successful completion of various projects.

The reputation has even crossed the border of the country. Quite a few reputed and successful

organizations have put faith on SOLARIC products and enthusiastic to work together. These are big

achievements for a company started up not so long ago. However, SOLARIC believes that it is only

the beginning of the big, bright future lies ahead.

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Press Notes

http://www.wtw.so/2014/03/19/solaric-electrifying-the-bottom-of-the-pyramid-nanogrids-in-bangladesh/

http://www.ejjdin.com/2014/09/02/images/05_103.jpg http://epaper.thefinancialexpress-bd.com/2014/08/27/images/03_106.jpg http://ejugantor.com/2014/08/30/5/details/5_r6_c1.jpg http://epaper.prothom-

alo.com/contents/2014/2014_11_09/content_zoom/2014_11_09_28_1_b.jpg http://epaper.prothom-

alo.com/contents/2014/2014_06_24/content_zoom/2014_06_24_20_5_b.jpg http://www.thedailystar.net/solaric-takes-green-energy-tech-to-next-level-38680 http://fearchive.com/2012/04/02/index.php?year=2012&month=04&date=02 http://archive.thedailystar.net/suppliments/2012/anniversary_2012/section3/103.h

tm http://www.thedailystar.net/mozena-urges-american-bangladeshis-to-invest-in-

their-roots-38853 http://www.thedailystar.net/to-mother-with-love-32547 http://www.tharawat-magazine.com/en/interviews/2194-a-solar-power-success-

story-how-a-company-built-a-thriving-business-bringing-solar-energy-to-the-rural-world.html

http://www.dhakatribune.com/economy/2015/jul/05/solaric-ventures-export-market

http://go.wh.gov/YADcK5

Frequently Asked Questions (FAQ)

1) What does a Traditional Charge Controller do? a) It charges the battery during day time

b) It disconnects the Load at night when the battery is discharged below a certain lower level

2) What does an Optimizer do? a) It charges the battery during day time b) It turns OFF the converter and thereby disconnects the Load at night when the battery is discharged below a certain lower level c) It converts the Battery voltage (12V DC) to High Voltage (125V, DC) d) It drives the LED lights when they are turned ON.

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3) Why do we need High Voltage? a) Wiring becomes standard and the Wire cost is reduced dramatically. Note that the wire cost is more than 10% of the system cost. b) Mobile can be charged directly from the high voltage using the standard charger that comes with the phone. c) Does not require additional low voltage mobile charger or USB port with the Charger. d) Non-standard Charging (such as 5V port from the USB interface) may damage or degrade the performance of the Li-Ion battery of the mobile. Please note that the Li-Ion batteries are sensitive to the charging mechanism. e) Standard appliances such as off-the-shelf AC light bulbs can be used if necessary (Solves the availability issue). f) Unlimited distance from the battery to light source.

4) Is the Output of Optimizer DC or AC and why?

a) The output of the optimizer is high voltage DC b) All low power energy efficient appliances that run from AC grid will work with high voltage DC as there is a converter inside to convert the input to low voltage DC. c) DC is more efficient than AC and Energy Efficiency is the key to lowering the price of Solar system

5) What are the key functional components of an Optimizer? a) Solar Charge Controller b) DC-DC Converter (12V to 125V) c) LED Driver (No additional Driver required for the LED Lamp)

6) What is the benefit of Eliminating Driver from the LED lamp?

a) Long Life ( True LED Life that is 50,000+ hours) b) Lower power consumption ( Higher lumen per watt) c) Lower Cost (Saves the cost of the driver)

7) What is Power Efficiency?

a) Ratio of Power output to Power input is known as Power Efficiency b) Power Efficiency of Optimizer is 93% at rated load c) Power Efficiency is relevant where operating hour is unlimited such as AC grid

8) What is Energy Efficiency?

a) Ratio of Energy output to Energy input for a given time interval is known as Energy Efficiency

b) Energy Efficiency is relevant where operating hour is LIMITED (4 hours a day) such as Solar Home System ( Off grid)

c) Energy Efficiency of Optimizer is 93% at rated load for 24 hour cycle d) Energy Efficiency of Typical Inverter (5% self-consumption, 85% Power Efficiency) is

55% at rated load for 24 hour cycle

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9) What is the limitation of Low voltage (12V) operation? a) Expensive and thick load wire b) Non Standard Load/ Appliances c) Limited load distance d) Significant power loss in the load wire e) Difficult wiring with the thick wire

10) Is it possible to use AC appliances from high voltage DC?

a) All low power devices such as Lights, Fans, TV, PC, Mobile etc. run from low voltage DC internally. There is a step down converter as part of the driver circuit inside the appliances. This step down converter works the same way with DC or AC input as long as the voltage is high enough.

b) Appliances that use transformer inside, may not work with DC.

11) Is there different models of Optimizer? a) Yes, Optimizer is designed to match with package resource (PV and Battery) and

allowed load capacity. Therefore, the models are designed with 10W increment in load capacity.

b) Current models support 10W-60W load with up-to 130Wp Panel Size.

12) Can user overload the system with additional load? a) No, Each Optimizer model has internal power limit which limits the maximum power

that can be drawn from the System. b) If the user tries to over-load the system, the output voltage will collapse and will

turn off the load. If the load remains connected, it will continue to turn ON and OFF to alert the user to disconnect the excess load.

13) What happens if user connects low voltage (12V) fan with Optimizer? a) The fan may run by collapsing the system voltage. In that case, lights and other

standard appliances will turn OFF. This is not a prescribed mode of operation. b) It will not damage the fan or the Optimizer.

14) What happens if user connects regular AC fan with Optimizer?

a) The fan will not run and the Optimizer will operate in short circuit condition. b) It will not damage the fan or the Optimizer.

15) What happens if low voltage (12V) DC bulb is connected with the Optimizer?

a) The light bulb may be damaged or may not turn ON. b) It will not damage the Optimizer, continues to run in short circuit condition.

16) How much does entrepreneurs have to pay as investment to own the Nano-System? Operator pays $1250

17) How much does each household have to pay as a connection?

$50

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18) What does the Nano-Optimizer do? a) Larger system based on the “Optimizer, The Nano-Optimizer or “Nano Charge

“Controller” converts low PV volt (48V) to utility level (220V)

b) It charges the battery during day time

c) It turns OFF the converter and thereby disconnects the Load at night when the

battery is discharged below a certain lower level

19) How many homes can be powered under the Nano-Grid? a) The standard 3kwp system can power Up to 50 homes

b) System can be scaled up as load demand increases

20) What is the maximum distance a home can be connected under Nano-Grid? 2 Km

21) How many irrigation pumps can be run under Nano-Grid?

5 (1Kw)

22) How does Nano Pre-Prepaid system work? a) Users pay operator for amount of energy they would like to purchase. b) Users receive code from operator which they input into Pre-Paid meter c) Pre-paid meter cuts off the power once balance becomes low. The user has to

repurchase a new code.

23) How will Nano-Grid continue to provide support if government grid arrives? The Nano-Grid can then be used as the primary back-up power source