TOPMOST TECHNOLOGY: Roofing with conventional energy

Share with us your company profiling and latest advances in your projects and services in brief.

Enerparc Energy Private Limited, is a 100% subsidiary of Enerparc AG, Germany, an Independent Solar Power producer <IPP>, Service provider involved in Design, Engineering and Construction <EPC> of solar power plants and asset management services of solar power plants. Till date, Enerparc has installed more than 2GW of solar power plants globally, out of which 1.2GW are our own assets were we generate and sell energy to various utility and private companies, apart from this Enerparc also manages solar assets of 1.4GW. The Indian subsidiary started its operations in early 2013 focusing on Solar EPC as well as project financing and has an Indian project portfolio of 80MW with a mix of ground and rooftop installation. This also includes unique projects like 7.9 MW at Delhi International Airport, a first of its kind of project in the entire Asia pacific with solar installation as close to a mere 150 meters from an active runway.

Give us your opinion on the industry using new trends for better, smart and efficient launches to deliver promising growth potentials

Today, roof top based solar systems have seen an upsurge in terms of number of installations in last two years and growing with CAGR of more than 50%. . As positive reports pour in from the players who have invested in solar, more and more firms are warming to the idea of setting up a power generating unit on their barren roofs. In the coming years, we expect this growth to continue in rooftop solar, with various business models available, especially in Industrial and Commercial sector as now solar power reaching grid parity, the returns on the investments for an organization can be earned in less than 4 years.

How does a company invest in, when they opt for rooftop-based solar PV?

There are two ways in which investment can happen in solar power plants, first where in customer is technical and commercially clear on his investment decision and ready to take plunge for Investment on his own. However there are second set of customers who are convinced on viability of installing solar power plant however not sure if they would like to risk their own money and look at options of BOOT model in various format wherein they would be comfortable buying energy from installed solar power plants on their roof and they are ready to bind themselves with long term Power purchase agreement<PPA>. Tenure of PPA can be anywhere between 15 years to 25 years with various options of buying back plant in midterm at pre-agreed prices.  As we ourselves work in solar power plants, we understand better about concerns of our customers and we help them in arriving in decision making process related to technical and commercial feasibility of project before going ahead and making decision for investment in solar power plants. We do not provide only EPC service but start our relations well in advance with our partners in making them understand technology, risks and rewards, regulatory framework and make them realize their investment goals for installing solar power plants.

What are some of your key highlights of your projects with Various German companies? 

Germany as a country has latched on to concept of using renewable energy especially solar energy for long time and their efforts have been in direction of reducing carbon footprint, in short sustainable development. Same theme has been followed by many German companies in India to maximize utilization of green energy and enhance sustainability and enhance savings as compared to utilizing conventional source of energy. We have very nice examples with many projects including our installations in AUMA India, PKP Components, Phoenix Contact and many more are under constructions right now.

Brief us about any of your upcoming project that will create an infrastructural change? Enerparc AG is setting up 980KWp solar project at Bharat Fritz Werner Ltd. (BFW) located at Bengaluru, Karnataka.

The project has been financed, constructed and executed by Enerparc through its investment special purpose vehicle, which would sell the solar power to BFW on a long term. The project is second of Enerparc’s growing solar roof top portfolio in India, it is one of the benchmarks for the company as innovative non-penetrative mounting methods are used coupled with Enerparc’s priority on quality and safety. The association with BFW will help Enerparc to add another leading brand in its portfolio of 1.2 GW as an Independent Power Producer across the world.