Serving Indias Solar Energy Needs

5th & 8th August 2008

Overview of Orb Energy

A leading solar system integrator in India Experienced team of 130 personnel from PV industry One stop shop for solar PV, solar thermal, and WS hybrid solutions Serving residential and commercial customers Unique with network of franchised branches and consumer finance schemes Focussed on customers experience of solar
Includes installation and after-sales service

Our Franchised Branches 40 in Karnataka

Our core product

Solar Photovoltaic System

Solectric 3000 Residential (Rural)

Solectric 4000 Residential (Urban)

Solectric 3000 Commercial

HPCL Mangalore

Solectric 3000 Commercial

Residential Appartment

Customer Speaks.

Customer Speaks

Customer Speaks

Kerosene Lantern vs. Solar PV

Kerosene Lanterns Inconvenient Dim light Smoke Risk of fire Does not run appliances Scarcity of supply Recurring costs Solar PV Convenient - flip of a switch Bright, cool white light Clean / healthy Safe Runs all appliances 1 time investment Saves money

Solar PV delivers better light for lower cost

Monthly Costs - Lanterns v PV

600.0 500.0 Rs per month 400.0 300.0 200.0 100.0 Monthly Cost 40 Watt PV System Wick Lantern / Batteries Petromax / Batteries

E.g. Customer switching from kerosene to PV

Diesel vs. PV for back up power (low loads)

Diesel Genset
Inconvenient High-maintenance Create a lot of noise Smoke / pollution Dangerous - risk of fire High running cost Consumption of fuel and oil Cost of maintenance

Solar PV
Much more convenient No need to manually start Virtually maintenance free No fuel collection / filling Pleasant to use Quiet No pollution Very safe 1 time investment Saves money at low loads

10% down-payment, up-front costs are lower

Upfront Cost - Diesel and Solar PV with 10% Downpayment

51000 50000 49000 48000 47000 46000 45000 44000 43000 42000 41000 Up-front Cost

Rs Amount

Diesel 2 kVA Solar 1 kWp

PV vs. Diesel with 5 year loans at 12%

Estimated 5 lakhs over 10 years (2.5 kVa)

Government Off Grid PV Policy

MNRE Ministry for New and Renewable Energy, founded in 80s Nodal agencies per state Around 300,000 SHS over 20 years < 1 % of unelectrified households in India To improve diffusion of solar PV it is critical to engage private sector finance See examples of Sri Lanka and Bangladesh Application Units MWp

Solar street lights Solar home systems Solar lanterns Solar minigrids

61,321

4.6

313,859

12.55

565,658 N/A

5.65 1.87

Total

24.7

Sri Lanka 100,000 SHS over 7 years

5 banks, 13 competing solar firms by 2006 15% down payment, commercial loans 1- 5 years 100,000 systems reached in 7 years Equivalent to 15% of unelectrifed households

Bangladesh 100,000 SHS over 5 years

15 NGOs / firms that also provide finance 10% down payment, commercial loans 1-3 years 100,000 systems reached in just 5 years

Policy Pilot in India Low Interest Finance

UNEP Low Interest Loan Scheme
Annual Cumulative

UNEP programme 2004-2006 Loans 5 years, 5% interest Syndicate and Canara Bank 5 participating vendors 14,000 systems in just 2 years in just one state

20000 18000 16000 14000

5%, 5 year loans

No. Systems

12000 10000 8000 6000 4000 2000 0

Syndicate Bank finishes quota

2003-4

2004-5

2005-6

2006-7

Fianancial Year

Use low interest finance to drive PV market

Low interest finance works for solar water heaters: 2%, 5 years Recommendations for PV 2%, 5 year loans up to 1 lakh Cap per loan - 10 lakh Set minimal specifications Allow private banks to participate Benefits to GoI Investment into rural areas / jobs Displace kerosene and diesel Reduce load on stretched grid Improve power in rural homes

Solar thermal and PV ideal combination

New PV Grid Connect Policies in India

Jan 2008: MNRE created a new feed-in subsidy State Electricity Board: Rs 3-4 per unit (8-10 US cents) MNRE Subsidy: Max Rs 12 per unit (30 US cents) Total: Max Rs 15 per unit (37-38 US cents) No accelerated depreciation Subsidy for 10 years only Max 5 MW per developer, 10 MW per state Target: 50 MW in 2009, 500 MW over 5 years

Moving into Grid Connected Solar

Typical 1 MW Solar PV Power Plant Solar modules

Type Module power Number of Modules - Silicon Solar Cells - 210 Wp each - 4762

Inverter
Type Capacity Units Output voltage Control - Indoor, Vertical Mount - 500 kVA - 2 nos. - 660 V - IGBT high frequency (20 kHz), 3 phase, 4 wire

Orbs Value Proposition for Grid Connected Solar

Total project planning Design of solar power plants Procurement and delivery Turn key installation Project management Operation and maintenance

Orbs Solar Technology Partners Uni-solar, USA for thin films (20% extra output from triple junction amorphous silicon) and Sunpower, USA for Polycrystalline (highest efficiency solar cells)

Uni-Solar Advantage..
Energy Production (kWhr)

Uni-Solar Electricity Generation Advantage

Uni-Solar for large roof-top solutions

Unique building-integrated applications

Solar roof-top solutions

Flexible, light-weight and attractive

Sunpower 10 MW plant in Bavaria, Germany

Sunpower 10 MW plant in Bavaria, Germany

No. of Solar Panels Photovoltaic Surface Technology Project Description 57,600 25 Hectares Sunpower Tracker 20 year power purchase guaranteed under German renewable energy law. Located at 3 sites delivering significantly more power than conventional fixed tilt generation system Solar park Mulhausen : 6.3 MW Solar park Gunching : 1.9 MW Solar park Minihof : 1.9 MW

Project Locations

Sun Tracker for more power

Higher energy delivery Single axis design No panel shading Efficient use of land Fully scalable Reliable and robust design

Sunpower 11 MW plant in Serpa, Portugal

Sunpower 11 MW plant at Serpa

No. of Solar Panels Photovoltaic Surface Technology Project Description 52,000 60 Hectares Sunpower Tracker 15 Year power purchase guaranteed under Portugal renewable energy policy. The solar generated electricity will produce power sufficient to cater to 8,000 homes and farms in the region. Portugals new policy focuses on renewable energy meeting Kyoto protocol commitments. Plant is expected to reduce GHG by more than 30,000 tons a year.

Environmental benefit

Big scope for grid connected solar in India

Today only 2-3 MW of grid connected systems in India, but big potential Ideal solution for India with the solar radiation ranging from 4 7 kWh / sq meter / day Technology for solar grid connected systems has matured no technological barrier for growth MNRE policy, incentives and regulatory frame works can help make solar grid connected systems a viable investment proposal (currently around 10% IRR ?) Feed in tariff and net metering has huge potential to meet peak energy demand - Other Indian states to learn from WB. Strong interest for green reasons e.g. green buildings

Key part of Indias renewable energy future

....to deliver a sustained growth of 8% through 2031, India would, in the very least, have to grow its primary energy supply by 3 to 4 times and electricity supply by 5 to 7 times of today's consumption. By 2031-32, power generation capacity would have to increase to 778,095 MW....
(Integrated Energy Policy Report, August 2006)

Today 140,000 MW and 7.5% renewables Former President Kalams call: 25% renewables by 2030 Would mean growth from 10,000 MW to 195,000 MW in 20 years !! Solar has a key role to play in meeting this target

Thanks