Energetica India Magazine -October 2020

EDITORIAL Dear Energetica India Readers, We welcome you to October 2020 edition of Energetica India. The ongoing Corona virus pandemic has slowed down the pace of India’s re- newable energy installation growth sto- ry, although, the motivation of industry stakeholders remained upbeat. Every- one, including industry players and gov- ernment, is eager to diminish the impact of slowdown in the economic activity of the country as soon as possible. How- ever, Wood Mackenzie recently said that Indian photovoltaic (PV) installations will sit at just 4.9 GW in 2020, down 42% on 2019 and the lowest level since 2016. It predicted that Covid-19 cases are con- tinuing to rise in India and social dis- tancing measures are likely to slow in- stallation activity for the rest of the year at the very least, and without policy en- forcement, India’s 100 GW solar target is unlikely to be met. Meanwhile, for the current edition, Ener- getica India has met up with the follow- ing industry leaders to get more insights into the industry trends: 1. Mr. Naresh Kumar, General Manager, Amphenol PCD 2. Mr. Thomas Scarinci, Senior Vice Pres- ident, Product Management, Vestas DK; and Mr. Vickram Jadhav, Vice President, Sales, Vestas India 3. Dr. Gregory S. Poulos, Founder and CEO, ArcVera Renewables 4. Mr. Brijesh Prajapati, Managing Direc- tor- India, Sofarsolar India Start-up Story: The start-up section showcases interesting ventures in the field of renewable energy, energy effi - ciency & conservation, EVs and sustain- ability. In this edition, we cover Zunroof Tech Private Limited, a home-tech start- up aims to sell half a million IOT devices in next 12 months along with powering 1 million Indian homes with solar by 2025. It’s vision is to solve two major problems of demand and supply of electricity by offering world-class solar rooftop instal- lations and an IoT-based electricity man- agement solution. Influential Women in Renewable Energy: In the women-influencers section, which was started by Energetica India to show- case the contribution and achievements of women in the renewable industry, we spoke to Ms. Priyanka Mohan, Director, Kor Energy, who started her carrier with a banking profession but later on with her hard work and dedication turned into an Entrepreneur, in the renewable ener- gy industry, and now providing jobs to many people in her company. Some interesting and informative articles in this edition include: 1. High-Power Modules Set New Benchmark for Large Scale Applica- tions an analysis by Trina Solar 2. Transition of NTPC - The Flag-Bear- er for India’s Electricity Sector by Kashish Shah, Research Analyst, Insti- tute for Energy Economics and Financial Analysis (IEEFA) 3. Asset Management: Unlocking the True Potential of Solar Power Plants by Nitish Mehta, Co-Founder, Artha En- ergy Resources We hope you enjoy reading our work. Please feel free to write to us at manu@ energetica-india.net with your feedback. We are always open to speak to our readers and learn how we can support them in their business growth. 4 energetica INDIA- October_2020 Flat 04, 2nd Floor Picasso Terrace Kedari Nagar, Opposite AYE fi nance Wanowrie, Pune, Maharashtra 411040 SPAIN C/ Pollensa 2, Edi fi cio Artemisa - O fi cina 12 28290 Las Rozas (Madrid) Spain Tel +34 916 308 591 I Fax +34 916 308 595 Director India Business Development Global Sales:- Alvaro Lopez ala@energetica21.com Associate Editor India:- Manu Tayal manu@energetica-india.net Financial Director:- Carlos Fernández carlos.f@energetica21.com Layout & Design:- Daniel Conejero I Printer:- Grafisur Hemant Arora hemant@energetica-india.net Group Editor:- Eugenio Pérez de Lema eugenio@energetica-india.net Director:- Gisela Bühl gisela@energetica-india.net