Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Sunday, 13 October 2024

Rooftop Solar Business Model

 


 

Context :

PM Surya Ghar Muft Bijli Yojana: Govt Allocates Rs 500 Crore For Rooftop Solar Tech And Startups

( Zee News – 12 Oct 2024 )

Extract :

The government on Friday notified guidelines for implementation of ‘Innovative Projects’ under PM Surya Ghar Muft Bijli Yojana. Under the scheme component 'Innovative Projects’, Rs 500 crore has been earmarked to encourage advancements in rooftop solar technologies, business models and integration techniques.

According to the Ministry of New and Renewable Energy, it seeks to identify and support startups, institutions, and industries in piloting new concepts, with a focus on emerging solutions like blockchain-based peer-to-peer solar trading, smart materials, and rooftop solar integrated with electric vehicles and battery storage.

To drive this forward, the ministry will invite proposals and encourage joint research and international collaborations. National Institute of Solar Energy (NISE) will serve as the Scheme Implementation Agency (SIA) for the Innovative Projects Component.

Selected projects will receive financial assistance of up to 60 per cent of the project cost or Rs 30 crore, whichever is lower. Additionally, annual awards for innovation will be granted to encourage further advancements, with prizes up to Rs 1 crore, announced the government.

The Centre approved the PM-Surya Ghar: Muft Bijli Yojana on February 29, 2024, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity.

The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27. According to Prime Minister Narendra Modi, the scheme will also benefit the future generations.

The scheme is being implemented by a National programme Implementation Agency (NPIA) at the National level and by the State Implementation Agencies (SIAs) at the state level.

The scheme provides for a subsidy of 60 per cent of the solar unit cost for systems up to 2kW capacity and 40 percent of additional system cost for systems between 2 to 3kW capacity. The subsidy has been capped at 3kW capacity. At current benchmark prices, this will mean Rs 30,000 subsidy for 1kW system, Rs 60,000 for 2kW systems and Rs 78,000 for 3kW systems or higher.

 

My  Suggestions ( sent as emails to Cabinet Ministers ) :

 

( A )  Not Good Enough !  .. ………………………………………….. 02  Dec  2017

 

Extract :

And I hope , it recommends amending Electricity Act whereby ,

 

 

“ Anyone can generate and SELL electricity , anytime and to anyone and at any price ! “

 

 

For reaching the target of 100 GW of Solar power generation by Nov 2022, we need to install 1.5 GW capacity EVERY MONTH for the next 60 month ( remaining 85 GW after current installations totalling 15 GW )

 

 

That would require an investment of Rs 10,000 Crore per month , every month for the next 60 months ! ( @ One Billion dollars per GW )

 

 

Part of this investment will have to come from Roof Top Solar projects , to be set up by :

 

 

·         An Individual home-owner ( who may also want to sell surplus power to a neighbour )

 

·         A Coop Housing Society wanting its huge unutilized terrace to produce solar power, for its members

 

·         A Business which will install these roof-tops at its own cost and is allowed to sell power to the residents of a building

 

( B )     A Tale of Two States  …………………………  28   Oct   2020

 

Extract :

Here is a broad / conceptual frame-work :

      Ø  Introduce “ Co-operative Farming of Solar Power / CFSP “ { call it a kind of “ Contract Farming “ }

-( incorporate this into just released FARM LAWS to encourage setting-up of “

   Solar Power Farmers Cooperative Society “, along the lines of Dairy Farmers’

   AMUL Milk Cooperative Society )

       

      Ø  Under CFSP, provide 30 % Capital Cost Subsidy to companies setting up large ( > 500 MW ) Solar Farms in remote areas ( eg : desert areas of Kutch – Spiti – Lahul – Ladakh etc , which have a potential to generate 315 GW of Solar power )

Read : https://myblogepage.blogspot.com/2018/08/from-ladakh-with-love-and-sun-shine.html

 

    Ø  1 MW of ( grid ) solar will need 100,000 sq ft of solar panels ( 1 KW will need 100 sq ft )

    Ø  The estimated cost of 1 MW solar power plant is approx. Rs 4 - 6 crore.

    Ø  That works out to approx. Rs 400 - 600 / sq ft of Capital cost for Solar panels

    Ø  Solar Farm company can “ Sell “ ownership rights of solar panels to individuals in modules of 1000 sq ft, ( costing Rs 4- 6 lakh per module ) . These rights can be sold / transferred to any buyer, only with prior permission of the Solar Farm Company concerned

    Ø  Each module ( of 1,000 sq ft ) will generate 10 KW of power, which Company will feed into a NATIONAL GRID ( free ) .

    Ø  Each such Co-operative Company can reserve / own by itself, 30 % of Solar Panels for generating power for sale in free market   

    Ø  My nearest DISCOM will supply me those 10 KW, free of cost ( ie: deduct from my monthly usage ) . Any excess over my actual consumption, to be credited to my account

   Ø  Depending upon my usage / need , I as an individual CO-OPERATIVE OWNER , can “ buy “ any number of STANDARD MODULES, and from any number of Cooperative Farming companies or other Co-op Owners

  Ø  This set-up will require NATIONAL SOLAR EXCHANGE in which ALL discoms will be mandated to become members

 Dear Shri R K Singhji,

 ..as of October 15, 2019, only 1,826 MW capacity has reportedly been installed, which means that the achievement is only 11.50 per cent 

 If we want to achieve 40 GW of Solar by 2022, we need to think “ Out of Box “

 I urge you to consider my suggestion ( - no doubt with suitable modifications )

 

( C )  Dawn of a Solar Economy : SETI  …………………………….  06  May 2024

 

Extract :

Would you like to suggest any specifics ?

Yes

Ø  Open up SuryaGhar Yojana for all of India’s 290 Million households ( families ) – having any amount of monthly consumption ( dispense with 300 units / month limit ). Also to all Industrial / Commercial organizations ( in a nutshell , for every entity which has a Consumer Account with ANY Discom )

Ø  But, do restrict the max subsidy amount at Rs 78,000 – even for those drawing more than 300 units / month ( to limit the burden on the budget )

Ø  Also offer subsidies to consumers who choose to invest in Co-op Solar Farms ( like SundayGrids.com ) , shown in diagram below

Ø  Disburse the subsidy amount ( to a member / subscriber of a Co-op Solar Farm ) within 48 HOURS of completion of PROCESS FLOW shown in chart above

Ø  Mandate that ALL DISCOMS must become members of SETI and integrate their BILLING SYSTEMS with SETI network exchange. Co-owners of a Co-operative Solar Farm will automatically become members of SETI as soon as they register and pay up. Instantly , SETI will create for such a member , a  DEMAT GREEN CREDIT  account , which will keep history of all BUY / SELL transactions and the PRICE at which the transactions take place

Ø  To encourage DISCOMS, compensate them for ANNUAL loss of revenue if any ( 2024 as base year )

Ø  To encourage consumers, give them Induction Solar Stoves ( costing around Rs 4,000 inclusive of an inverter ) at subsidized rates ( under National Clean Cooking Mission ).

      Families opting for Solar Stoves must be entitled to earn GREEN CREDITS ( at present, this scheme

      does NOT cover families saving GHG through use of Solar Stoves ).

       It should be possible to recover the cost of Induction Solar Stove within one year through saving in

       LPG cylinder subsidy ( approx. Rs 300 per LPG cylinder ). Besides this , govt would save foreign

       exchange spent on import of LPG ( approx. Rs 75,000 crore per year )

Ø  Instead of depending entirely on private sector “ Co-operative Solar Farms “ , I urge Shri Amit Shah ( Minister for Co-operatives ), to come up with PUBLIC SECTOR farms , as outlined in following chart . These too shall operate like www.SundayGrids.com

 




 

 For CONCEPTUAL FRAME –WORK  for earning GREEN CREDITS / DEBITS look up :

 

( A )    Individual households ( families ) :

Ø  Carbon Finance through Carbon Credits … ………………12 March 2021

 

 

 

With regards,

Hemen Parekh

www.My-Teacher.in  /  14  Oct  2024

 

 

 

 

 

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