Solar PV Projects PPA Model
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- Delilah Warren
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1 Solar PV Projects PPA Model
2 We help you set up 'Grid Connected Solar PV Power Plants' of the size ranging from 50 kw to MW scale power projects under the PPA (Power Purchase Agreement) Model. How does this work? Zero upfront cost: We set up a Solar PV power plant at our own cost. Captive consumption: All power generated from the Solar Plant is fed into the main panel and fully utilized at your premises. Power Purchase Agreement (PPA): We sign a PPA with you and sell the power on monthly cycle for a fixed term period. You simply pay for your solar power by the month, just like your utility bill, only lower. Operation & Maintenance: We maintain the plant for you by assigning a dedicated team to manage the site at no additional cost to you for the entire term of the PPA. Month 1 Project Progress Site Assessment and Feasibility Credit Check and Deal Structuring Month 2 Procurement, Structure Fabrication Construction, Installation, Civil Work, Electrical Work, Utility Net Metering Permits, Plant Commissioning 2 weeks 4-6 weeks Design, Panel Placement Finalization Timeline Action Item 2 weeks 1 week Letter of Intent PPA Signing Construction Starts Month 3 System Live
3 Project viability for you: You enjoy cheaper power than your current power tariffs & cost including the use of DG sets. Under the PPA scheme, you only pay for solar power, not the solar equipment, installation or maintenance. No hidden costs. No more power tariff escalation: Since your solar electric rate is secured, you can also insulate yourself from the volatility of future utility rate increases Buy the full solar system at the end of the PPA period at depreciated value and enjoy free power for the remaining life of the system expected to be 35 years No up front payment of any kind. Savings from Day 1. Long-term electricity costs are hedged against future utility rate hikes, thus leaving you free to focus on core operations Reduce your carbon footprint Monthly Saving Savings Grow Over the Years Savings Electricity Bill before solar Old Solar Bill Electricity Bill New Electricity Before Solar Savings Solar Bill Bill New Electricity Bill After Solar Year Upfront Cost Zero Upfront Cost Solar 0 Buy Solar Panels Yes Maintenance Cost Component Replacement Cost Monthly Solar Bill Payback System Ownership 0 0 Yes, cheaper than grid electricity From Day 1 After years Yes Yes No 4-7 years From Day
4 Highlights: Technology: Solar Photovoltaic System type: Grid connected Fit-and-Forget Solar panels: 250 watt/300 watt Poly crystalline module efficiency higher than 15.5% Rooftop area required: 4,000 square feet/ 50 KW setup Solar inverter: 3 Phase MPPT Tier 1 Inverters with efficiency greater than 98% Annual generation: 150,000 kwh/ 100KW in the first year (85% generation guarantee) Project completion tenure: 2-3 months Monitoring: Real time and web based General conditions of the contract: What we do: Bear the capital cost Meter accounting: We bill you monthly based on units produced by the Solar PV system, measured by the data logger on the inverter
5 Inverter replacement in the 11th year of plant operations We constantly monitor your system's performance to ensure it's running smoothly. If problems do arise, our service crew will be notified and dispatched to get it back online Replacement of defective equipment during the term We ensure that your roof is not damaged during installation and maintenance Operation and maintenance of the plant for the duration of the PPA What we expect you to do: Timely payment of the bill: We bill you monthly just like your utility Notify in case of any changes to the site which may compromise generation and not modify site in a way that may compensate generation. Provide bank guarantee on a yearly basis: Rolling bank guarantee on a yearly basis renewed at the end of every year term
6 Tariff rates: The PPA term is valid for a period of years depending on the number of years decided mutually. The tariff that you would be charged per unit would be below your current tariff, and anywhere between Rs.7/kWh Rs. 9/kWh. The annual escalation of tariff would be below your current escalation levels of 5-7% per annum, usually fixed at 3% per year. Full Solar Energy Service Sunkalp Energy is one of the leading engineering, procurement and construction companies for rooftop solar in Delhi-NCR. We have been accredited by ICRA for Government of India s Ministry of New and Renewable Energy s channel partnership. We provide end-to-end EPC services starting from solar system installation to system performance monitoring. Further, we maintain transparency with our customers by giving them access to system monitoring. Finally, we take responsibility of your solar system s performance by following quality standards and providing you with maintenance guidelines. Complete Project Management including maintenance contract Company promoted by technologist from MIT MNRE channel partner Best in class performance ratios driven by tier 1 components and quality installation Dogged customer services
7 Designer Vinayak Bhandare Sunkalp Energy107 Rectangle-1, D-4 District Centre Saket, New Delhi, Delhi , India.
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