Affordable Solar Power
for Generations
Harnessing the
Energy of the Sun
Every hour, the sun emits energy
onto earth to satisfy more than
global energy needs for an entire
year. Solar energy is the technology
used to harness the Sun’s energy and
make it useable. Today, the whole
world is facing the threat of
exhaustion of conventional sources
of energy.
Sun, being the biggest power plant
in our galaxy, is always available
to provide clean and reliable energy
to the world. Here is an interesting
fact – “The energy output of
2 | Azure Power
1 Kilo Watt solar energy is roughly
equivalent to the burning of
170 pounds of coal and releasing
of 300 pounds of carbon dioxide
into the atmosphere”. Thus, this
form of energy is a non-polluting,
viable and renewable source of
energy that keeps our environment
free from carbon dioxide, the most
active agent of global warming
which causes unfavourable climatic
changes. Solar power, along with
other renewable sources of energy,
will shape the future of the earth.
A 55 square kilometre piece
of land in Rajasthan can
generate enough solar power
to equal the existing power
generation capacity in India.
finite
renewable
25-70 WIND
per year
215
total
reserve
Waves 1
0.2-2
NATURAL GAS
SOLAR
23,000 TWy/year
240
total
reserve
OTEC
3-11 per year
PETROLEUM
2009 World Energy
Consumption
16 TWy/year
BIOMASS
2-6 per year
90-300
total
reserve
HYDRO
3-4 per year
2050: 28 TWy
URANIUM
GEOTHERMAL
0.3-2 per year
TIDES
0.3 per year
c R Perez et al.
900
total
reserve
COAL
The image comes from a report written by Richard Perez, ASRC, University at Albany,
Ken Zweibel, GW Solar Institute, George Washington University and Thomas E. Hoff,
Clean Power Research.
3
Offering Affordable
Solar Solutions
Azure Power
Azure Power, a leader in the Indian
solar power industry, has been at the
forefront of developments in this
sector since inception in 2007.
Azure Power is driving India’s
economic development by delivering
lowest cost (clean energy) to
communities, governments and
commercial customers throughout
India. Azure Power has continuously
demonstrated its cost leadership
and drive towards grid parity for
solar power in India. The company
has several projects operating under
various policies for grid connected,
rooftops and offgrid systems in the
country and has invested significant
capital in its power plants in India.
Conceptualising a Holistic Service Model
Customers
Azure Power Provides
Agree to long-term power Design and engineering
purchase agreement
(20-30 years)
Project
developement
Facilitate site for
power plant
Construction
Incentive
monetisation
Provide necessary access
clearances
Financing
Carbon credits
Manage distribution
and consumption
Commissioning
Renewable Energy
Certificates (RECs)
Operation and maintenance
4 | Azure Power
Optional Services
Powering Utilities
Unique advantages of using Azure
Power ‘Solar as a Service’ offering
•F
ulfilment of renewable
purchase obligations
• Meeting of the peak load demand
•P
redictable pricing over
long tenure
•C
lean form of energy for a
better future
Green and
Energy Efficient
Buildings
Unique advantages of using Azure
Power ‘Solar as a Service’ offering
• Solutions for energy security
• Cleaner alternative to diesel
• Sustainable rooftop solutions
• Predictable pricing over
long tenure
• Achievement of green ratings
(LEEDs) for companies
Empowering
Rural India
Unique advantages of using Azure
Power ‘Solar as a Service’ offering
• Rural electrification through
microgrids
• Solar-based solution for
agricultural sector
• Sustainable energy support for
educational initiatives
• Utilisation of solar energy for
health facilities
5
With Innovation,
Experience and Vision
6 | Azure Power
Global Credentials
Technology
Our vision, global approach and
research, helps us in delivering
world-class solutions with high
degree of innovation and quality.
We rely on cutting-edge technology
to provide our customers with the
highest degree of quality standards.
This helps us in raising the bar both
for ourselves and the solar industry.
Technology acts as a key driver for
Azure Power’s successful journey.
We always stress on new
technologies, processes and
technical know-how to provide
innovative and sustainable solutions.
Our experience in crystalline, CdTe,
Tandem and a-Si PV modules, and
proprietary racking designs are in
sync with global standards. Azure
Power uses only proven technologies
and associates with leading suppliers
to deliver solar energy services
across India.
Our USPs
Credentials: Azure Power has a project operating under every major
policy in the country. It has the longest operating history of solar
power plants in India.
Affordable: Through continuous research and development,
Azure Power has outperformed the market and brought down the cost
of energy by 54.15 per cent in the last two years.
Reliable: A blend of technology and highly experienced Operations and
Maintenance team ensures flawless operation of the installed systems.
Scalable: Our solar systems are easily extendable. As the requirement
for clean and reliable power is growing, we will keep expanding the
production of solar energy.
7
Team
Azure Power’s senior leadership team
draws from diverse backgrounds
but shares a common purpose –
powering India’s economic
development by providing consumers
clean and renewable energy.
Azure Power’s management
team comprises professionals
with decades of expertise and
specialisation in their functional
areas. Our team holds more than
50 years of experience in building
solar power plants, shaping
industry-leading companies,
executing complex infrastructure
projects and financing high growth
enterprises. Azure Power advisors
hail from the top ranks of global
energy and finance corporations.
Each function headed by a veteran,
ensures that each and every aspect
of the project is executed seamlessly.
With over 50 years of management
experience in building solar power plants,
industry-leading companies, executing
complex infrastructure projects and
financing high growth enterprises –
Azure Power has what it takes to think
and deliver beyond the unthinkable.
8 | Azure Power
Core Values
Excellence
Entrepreneurship
Socially Responsible
Honesty
Vision
Affordable solar power
for generations
Mission
To be the lowest cost power
producer in the world
9
Expanding India’s
Solar Perspective
Potential
• Solar power is a cost-effective
way to tackle the problem of
climate change
• Solar power is most suitable for
distributed generation because
the plant can be installed in small
increments to match the load
requirement of the customer
• Large desert land availability
of more than 2,08,110 square
kilometre, is sufficient to generate
700 GW to 2,100 GW of solar power
• Solar power is the most favourable
alternative to diesel and kerosene
sources whose consumption in India
is amongst the highest in the world
Benefits
Bridge Energy Deficit
Solar energy has the capacity
to bridge the energy deficit,
which India is facing due to
increasing demand.
Provide Energy Security
Solar energy can address the energy
security needs of India by reducing
reliance on fossil fuels that are
subject to significant price shocks.
Electrify Rural India
Solar energy can bring local power
capacity to around 90 million rural
households in India that do not
have access to electricity.
10 | Azure Power
Develop Local Economy
Solar energy offers the opportunity
to create jobs and fuel local
economies of India with the
emergence of a domestic
energy cluster.
Address Climate Change
Solar energy offsets negative
externalities such as air pollution,
water pollution, deforestation
and the adverse impact of global
climate change.
The amount of solar energy that
strikes the earth in one hour is
more than enough to provide all
of the earth’s energy needs for
a complete year.
KWh / sq.mtr.
6.6
6.4
6.2
6.0
5.8
5.6
-
6.4
6.2
6.0
5.8
5.6
5.4
5.4
5.2
5.0
4.8
4.6
-
5.2
5.0
4.8
4.6
4.4
Source: http://www.24point0.com/shop/solar-ppt-map-india/
11
Bridging the
Economic Gap
Handling the Demand and
Supply Mismatch
Global demand for energy is growing and the supply through fossil
fuels is limited. The gap is particularly high during peak times. However,
solar photovoltaic technology works very well under peak load
conditions, thus helping to decrease the energy deficit.
Energy Independence
Solar energy allows users to generate their own electricity, enabling
them to approach energy independence.
Peak Solar Diagram
Power (GM)
40
20
5
0 1 2 3
Time of day
Geothermal
12 | Azure Power
4
5
Wind
6
7
8
Solar
9 10 11Noon13 14 15 16 17 18 19 20 21 22 23
Hydro
Building on
Green Advantages
The Cost Advantage
Solar energy has predictable pricing that is equal to or
below retail energy rates over a long time period. It
also has minimum operation and maintenance, a short
gestation period and is ideal for distributed generation.
Costs of Solar
• Price
volatility
in inputs
• Higher
operating
expenses
• Scarce and
finite
resources
• Losses
due to
transmission
• Land and
water usage
EPIA and
Greenpeace
project a
67 per cent
decrease in
solar PV costs,
around the
world by 2030
• Predictable,
long-term
pricing
• Negligible
operating
expenses
• Infinite and
free resource:
Sun
• Low
transmission
losses
• No
environmental
costs
• Negligible
water usage
• Scale
economies
in production
due to technical
developments
Energy for Future
Sun creates clean and renewable energy that will
maintain and support the health of future generations.
Green Economy
Solar power can create high quality local jobs for the
new energy economy. In fact, it creates more jobs per
megawatt hour than any other energy source.
Water Usage
Solar plants use little or no water in the production of
zero emission electricity and hence, preserve the most
valuable natural resource.
Eco-friendly
Every megawatt of solar energy can help eliminate
1,500 tonnes of carbon dioxide from the environment.
Costs of Conventional
Sources
13
14 | Azure Power
Powering Utilities
Development Impact: Steady flow of
energy and income to rural households
by creating job opportunities. Creating
infrastructure for sustainable growth by
social and economic development of
the community.
Project Rajasthan
Capacity: 40 MW
Location: Kathauti Village, Rajasthan
Environmental Benefit: The plant is
instrumental in eliminating carbon dioxide
emissions equivalent to 1,10,00,000 trees or
removing 60,000 cars from Indian roads
Highlight: The first phase of 5 megawatt was
the first project to be commissioned under
the National Solar Mission.
Powering Utilities
Development Impact: Steady flow of
energy and income to rural households
by creating job opportunities. Creating
infrastructure for sustainable growth by
social and economic development of
the community.
Project Gujarat
Capacity: 10 MW
Location: Khadoda Village, Gujarat
Environmental Benefit: This project is
estimated to offset around 17,000 metric
tonnes of carbon dioxide per year and the
impact is that of removing nearly 15,000 cars
from the Indian roads.
Highlight: On commissioning, this project was
the largest solar power plant in India
Green and Energy Efficient Buildings
Development Impact: Leasing roofs
from government and private owners
and selling power to local distribution
companies to help them meet their
Renewable Purchase Obligations. This is
an efficient way of converting cities into
power generators.
Project Gujarat (Rooftop)
Capacity: 2.5 MW
Location: Gandhinagar, Gujarat
Environmental Benefit: The plant will be
instrumental in eliminating around 88,000
tonnes of carbon dioxide emissions and will
have the same impact as that of removing
nearly 4,000 cars from Indian roads.
Highlight: India’s first megawatt scale solar
rooftop project in Gujarat. This programme is
made attractive for rooftop owners through
a revenue share arrangement, another first
in India.
Empowering Rural India
Development Impact: Inclusive
growth by providing access to electricity.
Sustainable and dedicated power
provides a fillip to livelihood activities
such as education, agriculture, better
health facilities, etc.
Project Punjab
Capacity: 2 MW
Location: Awan Village, Punjab
Environmental Benefit: It is generating
sufficient power for 4,000 rural homes, a total
of 20,000 people and 32 villages in Punjab.
This is resulting in the elimination of carbon
dioxide equivalent to 75,000 trees and also
equalling the removal of 3,000 cars from the
roads for a span of 25 years.
Highlight: This was the first grid integrated
solar power plant in India
US Office: 1054 31st Street, NW, Suite 545, Washington, DC 20007
Phone: +1-202-333-3115
Email: info@azurepower.com | Website: www.azurepower.com
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Phone: +91-11-49409800-10 | Fax: +91-11-49409807