fbpx

Monthly Archives - June 2018

What is the cost of 1 kWh solar system in India?

high quality array costruction

10 KWp SolarOcta Solar power plant , setup at an institutional premises.


Cost of 1 Kw 
solar power plant in India ranges in cost from ₹50,000 to ₹120,000 depending on components used.
To Explain Further,

In simple terms, it’s like buying a bike, you can get a hero cd dawn which costs 39k or you can buy a high class premium bike like royal enfield classic which costs ₹ 1.45 lakh.

it all comes down to functionality of the SPV system.

components can be divided as economy brands & premium brands.

economy brands comprising of manufacturers of panels & inverters, companies which are less than 5 yrs old (Indian & international make)

premium brands – of components, with presence in continents

eg – Chinese , German & Japanese make

with facilities existing for more than 10 years.

Any type of system you opt would deliver 1 Kwp of power when commissioned for live power generation, but in the end it all boils down to your choice,

you either buy a samsung mobile phone or an iphone, basic function of it is to make a call.

Solar rooftop canopy

this is an Economy budget, under construction – 5 KWp solar PV power plant.

In my opinion, one should opt for best configuration of Solar panels, Inverters, cables & mounting structure, for once it is fixed on your rooftop or landmark, the system carries a 25 year + age for power generation & you will get the return for your investment in maximum of 5-6 years no matter how expensive brands you opt for, and after those 5 years, the system is basically generating you money while being parked on your rooftop.

Cost of 1KW Solar Power Plant system can be split as

Solar Photovoltaic Panels (mono/poly crystalline)

range ₹25 to ₹55 per Watt.

(here the cost can also go upwards till ₹150/watt, depending on the technology you opt, HIT, PERC, N/P type, BIPV, cdte Etc)

Solar inverter – 3 types

1.Grid tie – ₹6 to ₹10 per watt.

2.Off grid – ₹9 to ₹14 per watt.

3.hybrid inverter – ₹10 to ₹15 per watt

BOS of SPV system –

Cables – ₹7 to ₹8 per watt

mounting frames – you can play with custom aesthetically pleasing designs for Mounting your Solar panels to harness sunlight, provide shade & also increase the appeal of your installation.

cost ranges from ₹7 – ₹10 to ₹ your desired design.

In the end i would like to tell you a secret about Solar EPC industry,

Don’t just opt for a solar power plant installation based on the lowest cost fot installation,

this is the future, & you are investing a good amount of money in it, learn about it, ask a lot of questions & choose for your self, because it’s your asset you are buying,

so instead of settling for a hero bike, better buy a moto gp Ducati bike, even if you don’t have the money to buy one, loans are easy for Solar installation.

and the reason that your loan would be paid of in under 6 years from your energy bill savings, so it’s better to buy the best money can buy in this Solar sector.

We Love to teach people about  Sustainable development & the future of clean technologies, With 100% Sure Returns Far Far Greater in Terms of Monetary Aspects, than any other Stocks, Mutual Funds, FD’s , Take into Account the Independence from Utility Power & Environmental impact of your Actions.

If you are curious to learn more, Comment Down Below to Engage in a Discussion for your Clean Power Investment.
Like/Share/ Spread The word to Solar Energy Enthusiasts, Become a Part Of our Facebook Community.

SolarOcta Energy Services LLP  Begun It’s Journey in 7th semester of college to bring Solar utility products & services that were not offered in India, thus we offer complete solutions for anyone & everyone to take everyone aboard the Electric future shift.

Read more...

India Increases 2022 Renewable Energy Target to 227 Gigawatts !

India set what seemed like a lofty target of 175 gigawatts of wind and solar energy by March 2022. Few believed that was a practical target, but then India plowed forward and happily impressed the world. This week that Renewable energy target was increased to 227 gigawatts!

Currently, India has added a little more than 70 gigawatts of that goal. Assessing the progress to date on a linear scale, the trend would seem to indicate the country is behind. However, renewable energy growth is not linear.

SolarOcta Energy Services A Siemens SPV plant .

For a few years, renewable energy prices in India were rather high due to high finance costs. Now that those finance costs have come down substantially, renewable energy investment is accelerating. In a recent statement to the media, the Ministry of New and Renewable Energy (MNRE) wrote, “New opportunities have emerged — altogether a new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. India is progressively becoming a most favored destination for investment in renewables.”

Of course, global prices for renewable energy have continued to drop as well, allowing this goal to be increased. R K Singh, Union Minister of State for Power and New & Renewable Energy, recently stated at a press conference, “India’s current renewable-based power capacity stands at 70 Gw, and we will cross the 175-Gw target well before 2022. We have new schemes like offshore wind, floating solar, which will help us over-achieve the current target.”

Should India reach this new goal, it will be only behind China and the US in terms of installed renewable energy capacity. This increased goal is perfect timing as it is expected that renewable energy growth in China may contract this year due to lower subsidies.

Energy demand in India continues to grow and renewable energy is allowing that demand to be met at the best price possible. Unfortunately, India continues to add thermal (fossil fuel) power each year, but the good news is its utilization is decreasing. With the old renewable energy target, thermal power plant utilization was expected to be 57%; with the new target, it stands to reason that will drop even further.

The Indian government is going all out to ensure renewable energy is integrated into the national grid and curtailments are minimized. According to the ministry, “We have waived the Inter State Transmission System charges and losses for inter-state sale of solar and wind power for projects to be commissioned by March 2022. This will encourage setting up of the projects in states that have greater resource potential and availability of suitable land.”

Every country can expect to benefit from this drastic investment in renewable energy target by India. Their additions will continue to drive down the cost of renewables. Consequently, we can expect to see more fossil fuel power plants across the world stranded. While it is sad to see that the current US government is taking a step backwards in regards to renewable energy, actions by countries like India can help pick up the slack. When the US political climate changes, renewable energy prices will be substantially lower and we can get on with the transition at a feverous pace.

Read more...

Gurugram MCG opts 100 Electric Bus for City’s public transport Network !

at smart cities expo 2018
New Delhi , India

The Board of Directors of Gurugram Metropolitan City Bus Limited (GMCBL) will add 100 hundred electric buses to the streets of Gurugram soon. By virtue of their hub and spoke modus operandi, electric buses seem to be the only immediately implementable electric vehicle technology in India. Despite the fact that they cost almost 3-4 times more than a conventional internal combustion engine (ICE) buses, their impact on the environment has urged the government to issue a large number of incentive schemes to encourage manufacturers and local governors to make and sell buses cheaply to government authorities in India.

Thus far, Mumbai, Hyderabad, Manali, Kolkata and Bangalore have gone the electric transport way under the government’s FAME (Faster Adoption of Manufacturing of (Hybrid &) Electric Vehicles). As a part of the National Electric Mobility Mission Plan, FAME has a corpus of about US$ 123 million (Rs 800 crore) to invest in electric mobility based initiatives. This fund was allocated for the duration of two years and will expire in April 2017. However, an extension is being requested. DHI is considering all proposals on priority.

Gurugram is the latest to get on the electric bus brigade adding 100 buses to the streets with deliberation, setting a target of another 300 by mid-next year, bringing the grand total to 400 buses in Gurugram by mid-2019. Gurugram ’s booming cyber city is home to thousands of young-urban professionals in need of reliable and comfortable last mile connectivity, a task that these 100 electric buses will set out to complete. Of the first lot of buses to be added for 100 electric AC buses and 100 non-AC low floor buses have been made in the requisite. GMCBL intend to bring the total to 400 Electric buses that will ply the streets of Gurugram by next year. And while the tenders have not been awarded yet, expect the usual list of contenders the likes of, BYD-Goldstone, Tata, Mahindra and Ashok Leyland to compete for the manufacture and these Electric buses.

The Government of India unveiled National Electric Mobility Mission Plan (NEMMP) 2020 to accelerate the growth of the electric and hybrid components of the automotive sector. It focuses primarily on fast-tracking the manufacturing and introduction of EVs in India. The Department of Heavy Industries (DHI) had launched FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) in April 2015 to promote manufacturing of electric and hybrid vehicles in India. Both schemes in conjecture should, in theory, see us meet our target of 30% Electrification by 2030,

Recently We visited the Smart Cities Expo & Saw the BYD Electric Bus , that is being used all over China , the product is brought to India in Partnership with Goldstone Infra PVT LTD .
a Quick walk through of the Electric bus can we watched here

News Via Financial Express 

Read more...

Subsidy upto Rs. 50 lakhs for buying an Electric vehicles in India, Central Govt Policy 2018!

Showcased at Smart cities expo 2018 .

As part of a Rs 9,400-crore package for hybrid vehicles and Electric Vehicles in India, the government may offer incentives of up to Rs 2.5 lakh to those scrapping old petrol- or diesel-fired vehicles along with sops for investment to manufacture parts such as motors in the country.

What this subsidy means is that electric car buyers will get a rebate of up to Rs. 2 lakh from the government, which wants more people to buy electric cars rather than the ones running on petrol or diesel. The Indian government also plans to support electric two-wheelers by offering a rebate of up to Rs. 30,000, on purchase, to buyers. However, these rebates do come with terms and conditions.

The government plans to give 50,000 electric car owners, the Rs. 2 lakh rebate but cars bought under this scheme cannot have a price of more than Rs. 15 lakh. Similarly, the Rs. 30,000 rebate for high-speed electric two-wheelers is for 1.5 lakh owners, but the two wheelers need to be priced below Rs. 1.5 lakh, to be eligible for this scheme. For low-speed, electric two-wheelers, the government will offer a Rs. 20,000 rebate, but here again, the maximum price of the two-wheeler has been capped to the sub-Rs1 lakh mark.

The same sops will be available to individuals buying electric cars provided theyscrap their pre-BS III vehicles + and get a certificate from the approved scrapping centre, sources told TOI.

While the sops for passenger vehicles and two-wheelers are expected to cost around Rs 1,500 crore over the next five years, around Rs 1,000 crore spending is planned to set up charging stations across the country.

According to the proposal circulated by the department of heavy industries (DHI), at least one charging point is planned every 9 sq km in all metros, million-plus cities and identified smart cities while a charging station on both sides of the highway is planned every 25 km along the Delhi-Jaipur, Delhi-Chandigarh, Chennai-Bengaluru and Mumbai-Pune stretches.

Check out a tour of Tata Tigor Electric Vehicle in India from our Visit to 4th Smart Cities Expo 

One of the major focus areas of phase-II of Faster Adoption and Manufacturing of (Hybrid & Electric) Vehicles (FAME) will be on public and intermediary transport, which include taxis and three-wheelers. The plan awaiting the government approval is expected to come as a major setback to the automobile industry, which wanted sops for all types of electric vehicles in India. The industry is working out its strategy based on the assumption that the government will offer incentives to make electric vehicles more attractive.

The demand incentive will cover a little over five lakh electric vehicles and over 80% of these will be twoand three-wheelers. The government plans to spend about Rs 5,800 crore to push demand for electric vehicles to “reduce the cost” of such vehicles to make them affordable.

A section in the government, however, is of the view that the entire incentive scheme, covering around five lakh vehicles, is only 0.5% of the country’s current annual vehicle production. “If the target is to reduce emission of greenhouse gases, should we not focus on improving public transport by deploying more buses running on cleaner fuel?” asked an official.
For the same amount (Rs 5,800 crore), at least 50 lakh buses can be run across the country, on the lines of orange buses in Delhi, on ‘operation-expenditure model’, sources said.
This scheme will also be offered to three-wheelers, buses, trucks and light commercial vehicles. All in all, the Indian government hopes that such discount schemes/rebates on electric vehicles will entice buyers to opt for these vehicles. Moreover, the government is in the process of reducing GST on batteries for electric vehicles, which is likely to make electric vehicles in India cheaper than before. Such rebates are also likely to encourage car and two-wheeler makers to come up with more attractively priced electric vehicles.

For now, the electric car space in India has just two offerings, both from Mahindra Electric. The E2O 4-door is one such offering while the other is the eVerito. Tata Motors is likely to introduce the electric variants of the Tiago and Tigor soon. Next year, Hyundai plans to bring in the Kona Electric SUV. Mahindra’s future plans include the electric variants of the KUV100, the XUV Aero and the S201 compact SUV. Maruti also has plans to enter this space in 2020, with a new electric car developed in collaboration with Toyota.

To know more Comment Down below & share your opinions !

 

Read more...
Save Money With Solar
close slider

Save Money With Solar