Kunwer Sachdev, Managing Director, Su-Kam.
How much has the energy storage segment grown, esp for solar?
The development in the introduced limit in India is driven by monetary impetuses given by the administration. These are required to drive the Indian utility-scale PV development from 35 MW in 2010 to a combined limit of 627.2 MW by 2015. In the most recent year, 2016-17, the nation's solar vitality limit extended by a record 5,525.98 MW. As per reports discharged by MNRE, India had included 3,010 MW in the earlier year.
Will demand rise equally across segments, with sustained growth?
The interest for solar in the business segment is admirable. The mechanical and local segments, which is one of the biggest power buyers, will most likely be unable to increase completely instantly. Consequently, producers should concentrate on the business and private divisions and ensure that the last mile funnels are not stifled for power. They should undertaken activities to drive control utilisation in these vast client base. Further, driving the expansion for rural utilisation will also be a key driver.
What threat do unclear/limited regulatory policies and fluctuating market scenarios pose, esp since a large base of the market pie will come from GoI's solar parks?
The solar-based stop idea is an amazing technique by the administration to relieve advancement and execution chance (ashore, interconnects and allowing). Also, NTPC's off-take being the most bankable off-take one can secure in India is commendable. The greater part of that converts into bringing down risk and thus a lower tax, and over the long haul the lower duties will just trigger more interest for the solar sector. We have constantly kept up that India's solar demand is long haul and economical as it has an exceptionally insignificant component of appropriation (when contrasted with certain different markets), and consequently India will remain a vital goal for long haul financial specialists in the sun-based division.
Solar parks mean high investments and long payback periods. Does the risk appetite exist?
The worldwide request and supply offsets, such sharp drops may not be seen once more. Additionally, outside components like money instability have nullified to some degree the drop in hardware valuing and consequently the supportability of these rates will come down to the capacity of the engineers to pull in (an) ideal obligation at rates that help the venture money streams and (b) limit on the accounting report of the promoter to give value and fence the dangers related with the improvement and operation. On the off chance that the capital markets react decidedly to these taxes then it will make ready for a tremendous upsurge sought after.
Technology-wise, lead acid batteries dominate the market, will lithium-ion take over any time soon?
Overflowed lead-corrosive batteries have so far assumed the part of vitality stockpiling gadgets in the nation, however they are yet to convey the clients' desire of giving high power stockpiling to extended periods with a three-five year life expectancy. Also, numerous private, business and mechanical buildings have begun introducing rooftop solar PV modules alongside inverters and battery stockpiling. With such applications, appeal supply criss-cross and high proprietorship expenses of diesel gensets, shoppers will feel the requirement for high power, profound release batteries more than they have done previously. Alongside these progressions, the value scope of lithium-particle batteries has descended extensively finished the most recent 12 months to change the flow of the market. It was not long back when Li-particle batteries cost more than $1,000/kWh. Presently a portion of the worldwide Li-particle battery producers have even revealed value focuses beneath $400/kWh for a similar innovation.
How are domestic players doing in this space? How has the technology evolved in India?
Homegrown players are doing great in this portion, India's vitality stockpiling market was evaluated at around 4.4 GW out of 2015, with the reinforcement inverter advertise containing more than 60 per cent of this. According to 2013 appraisals, advertise capability of vitality stockpiling (for a wide range of vitality stockpiling innovations including warm capacity) in India was at more than 15 GW by 2020. The gauge was done preceding the expansion in sustainable power source limit expansion focuses by GoI, and with this the market potential for vitality stockpiling has gone up essentially to more than 70 GW by 2022. In its endeavour to catch every one of the open doors related which radiates from the tune of expected interests in vitality stockpiling section.
GoI has large scale solar parks planned, are you a part of any of these?
Su-Kam has bagged a first of its kind large scale solar project in Uttar Pradesh to install and commission solar power systems in 40,000 rural households in the state. The company has bagged this prestigious project after winning a tender from Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), which has been assigned this project under the µLohiaAwas Project' by the Govt. of UP. As part of this project, Su-Kam shall be installing µsolar PV power packs' in each of the rural houses
What are the products/solutions in the energy storage space that you offer/utilise for the Indian customers? Which of these is most popular?
Su-Kam offers both off-grid, on-grid solutions and solar solutions. Every product has its own market. For example: in metropolitan cities, people are likely to go for on-grid solutions while in remote areas, people opt for off-grid solutions.
What is your emphasis on R&D? Have you developed anything India specific?
At, Su-kam's, 50-60 per cent efforts are invested in R&D of solar products. One such product adapted to Indian weather conditions is solar grid-tie inverter. The product can withstand even extreme weather condition and work with 99.99 per cent efficiency.
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