Interviews

We Work Directly with Some of the Largest Utilities in India

There is a lot of support for every new start-up (like grants for creating demos, tax sops, etc). However, there needs to be a Ministry-level (e.g. Power, Industries, etc) mandate to accept and utilize Indian products. There are cases of some large companies only dealing with large global competitors.

In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Rahul Raghunathan, Co-Founder of ExactSpace. Here’re the edited excerpts from that interaction:

We are Working on Technology that would Facilitate Conversion of Existing Fuel Bikes to Hybrid

Lord’s has initiated talks with a joint venture (JV) partner to set up an EV charging station manufacturing unit which will have advanced manufacturing facilities and will comply with the best global standards. We intend to set up one of the biggest EV charging station manufacturing units in the country which would be an Export Oriented Unit (EOU), disclosed Sachidanand Upadhyay, CEO and Director, Lord’s Mark Industries Pvt Ltd, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Upadhyay also shared about his company’s future business plans for India, various product offerings, industry expectations, etc. Here’re the edited excerpts from that interaction:

Transmission and Distribution Side Reforms Have Not Kept Pace

The reforms on the transmission and distribution side have not kept pace. Driving reforms in the distribution sector will provide depth and clarity to the market from a demand point of view so that every unit of supply capacity can meet demand requirements while getting compensated for it in a timely and efficient manner, discussed Mahesh Makhija, Director - Business Development & Commercial (Renewables), Apraava Energy, formerly known as CLP India, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Makhija also shared about his company’s investments in India, future business plans for India, bottlenecks in the power sector etc. Here’re the edited excerpts from that interaction:

We are in Process of Setting up 3GWh Capacity Li-Ion Battery Manufacturing & Recycling Factory

The key to lowering the cost of an electric vehicle is through bringing down the cost of the battery because it contributes to a highly significant cost component of the vehicle. We believe that technology and rapidly increasing production volume will contribute to the downward movement of EV prices.

In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Rajat Verma, Co-Founder of Lohum. Here’re the edited excerpts from that interaction:

Main Barrier of Energy Storage Market is High Price of Lithium Batteries

The main barrier of the energy storage market is the high price of lithium batteries, lack of business model in some regions, and surely the installation and maintenance difficulty of the energy storage system is another constructive factor. However, the market is changing as new solar energy is becoming the main source of grid energy, many countries and regions started to encourage battery storage, especially the distributed energy storage system, and created a profitable business model, believes Lisa Zhang, Marketing Director, Growatt, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Zhang also shared about her company’s latest product offerings for Indian customers, various quality checks performed before final delivery to customers etc. Here’re the edited excerpts from that interaction:

Govt Should Reduce PLI Scheme Manufacturing Cap So that MSME Can Participate

The Production Linked Incentive scheme announced by the Government is a welcome step in the right direction. However, the minimum eligibility criteria is 1,000 MW of manufacturing capacity in the PLI scheme. This means that only the big corporates can take advantage of it. We request the Government of India to reduce this cap so that the MSME sector can also participate in this scheme and become a part of Atmanirbhar Bharat, opined Akhilesh Kumar Jain, Director, Insolation Energy, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Jain also shared about his company’s expansion plans in near future, expectations from the Govt, product offerings etc. Here’re the edited excerpts from that interaction:

We Want to Invest Rs 800 Cr in 1 GW Cell Manufacturing

We have made a total investment of about Rs 150 crore for existing 600 MW solar modules at our Greater Noida plant. We plan to invest another Rs 150 crore for doubling this capacity and intend to have this facility in Southern India. Once there is clarity on PLI eligibility to us for manufacturing of cells, we would want to invest another Rs 800 crore in two phases for having a total cell manufacturing capacity of 1 GW, disclosed Sameer Gupta, Chairman & Managing Director, Jakson Group, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Gupta also shared about his company’s future business plans for India, latest product offerings, expectations etc. Here’re the edited excerpts from that interaction:

Demand and Willingness to Pay More for High Integrity Credits has Increased in the Market

With increasing scrutiny from stakeholders on their environmental and social impact, increasing peer pressure to adopt climate impacts related goals like RE100, Carbon Neutrality, SBTi and Net Zero emissions, the demand and willingness to pay more for high integrity credits has increased in the market. Simultaneously when these sentiments pass through the market, the supply side (project proponents or owners) are also now more optimistic and willing to spend time and resources to go through the rigorous process of Validation & Verification to get their carbon offsets and monetize them, shares Manish Dabkara, MD & CEO, EnKing International, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Dabkara also shared about his company’s financials, industry outlook, etc. Here’re the edited excerpts from that interaction:

Coming Decade is for the Energy Storage and E-Mobility Industry

With the recent technological advances and manufacturing scale-up, advanced energy storage technologies like li-ion batteries have demonstrated almost a 90% reduction in cost in the past decade. This coupled with the reduction of renewable energy technologies like solar, is now resulting in solar + storage to be a cost-effective solution for C&I customers not just to reduce diesel consumption but to compete with the grid power. The only missing piece is the availability of financing, believes Dr. Rahul Walawalkar, Chair, World Energy Storage Day (WESD), in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Dr. Rahul also discussed about the idea behind organizing the world energy storage day, technological advancements in the energy storage sector, future market trends etc. Here’re the edited excerpts from that interaction:

Solar and Bioenergy will Continue to be the Show Stoppers

Solar and Bioenergy will continue to be the show stoppers, says Mr. Rajneesh Khattaer, Group Director - India, Informa Markets, in an interview with Manu Tayal, Associate Editor, Energetica India. Mr. Khatter also discuseed about main highlights of Renewable Energy India Expo, outlook for the new year etc.

Govt Needs to Make the Regulatory Regime Friendly for Startups

Though the ecosystem has matured a lot over the past few years, there is a long way to go to make India a preferred startup destination. The on-ground impact of various large-scale initiatives is still very limited. Especially for deep-tech startups, there has to be an impetus on R&D and tighter IP protection norms to make India a global R&D hub.

In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Manesh Jain, Co-Founder & CEO of Flo Mobility. Here’re the edited excerpts from that interaction:

We have about six production lines that can handle cells of any form

India is a unique market with specific requirements. The composition of the Indian fleet is much different than others. We have more two-wheelers and three-wheelers in India as compared to other countries. The tropical climate and the road quality certainly have an impact on the shock, vibration, and ruggedness of the vehicle. Furthermore, the market is cost-sensitive in India. We had to keep all the criteria in mind before developing the product.

I believe once you develop and market a product in India, you can develop and market a product anywhere in the world because India is a market that demands the highest quality at the lowest price, which is a challenge, believes Stefan Louis, Chief Executive Officer, Nexcharge, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Louis also shared about his company’s manufacturing plans in India, export strategy, outlook for battery storage market etc. Here’re the edited excerpts from that interaction:

We also envisage entering the smart grid, T&D, and e-mobility space in India

Our strategy is to build a portfolio that is a mix of solar, wind, and hybrid projects planned across India and contributing holistically to the renewable energy mission and target of the country. We also envisage entering the smart grid, T&D, and e-mobility space in India as these are niche markets with synergetic opportunities, disclosed Jamal Wadi, President – Alfanar Construction and CEO – Alfanar Global Development, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Wadi also shared his company’s current projects and business strategy for India, the outlook for 2021 etc. Here’re the edited excerpts from that interaction:

Photovoltaic Solar Energy Market is Maturing and Expanding Around the World

We are always looking to do more. I believe that constantly improving our products, with a focus on the tracker, is one of our main constant goals, so that it can increasingly capture more energy, at the lowest possible cost. In addition, we aim to further expand our work. We are already present in countries on all continents, but there is still a lot to grow and innovative solutions to propose.

On the occasion of hitting the 25 years milestone in the renewable energy industry, Manu Tayal, Associate Editor, Energetica India, interacted with Javier Reclusa, Chief Executive Officer of STI Norland – a specialist in the design, manufacture and supply of solar trackers and structures for large-scale solar photovoltaic energy projects. Here’re some edited excerpts from that exclusive interaction:

Assystem Strengthens Footprint in India with STUP Acquisition

The timing of Assystem’s expansion decision into the Indian market with the acquisition of STUP is really good in two aspects. Firstly, we wanted to establish a strong footprint in India, because we are a part of the Jaitapur project, which is now started moving. So, in line with the Prime Minister’s initiative of Make in India, we wanted to localize as much of the engineering work for that project as we could in India, and that would have only been possible if we had a strong footprint in India. Secondly, we started this process of acquisition nearly one and a half years back, keeping in view the infrastructure growth that the country is going through, and, the future is something we all look forward to, disclosed Ashish Tandon, Managing Director, Assystem STUP India in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India.

Assystem has acquired a 99% stake in STUP Consultants, in line with the development, Mr. Tandon shared about his company’s future plans in India, business strategy etc. Here’re the edited excerpts from that candid chat:

We Need More Voices from Women in the Ecosystem and Opportunity to Put in Proactive Efforts

Greater participation of women in the energy value chain can help in more effective access to energy. As consumers, women can make more sustainable choices, and tend to have a bigger say in household energy decisions. Including women as key stakeholders in shaping the renewable energy value chain can help in better and more efficient design, production, distribution, and sales of sustainable energy technologies.

In an exclusive interaction series with women influencers in the power sector, Manu Tayal, Associate Editor, Energetica India, interacted with Deepali Khanna, Managing Director, Asia Regional Office, The Rockefeller Foundation. Here’re some edited excerpts from that interaction:

India is Set to Witness the World’s Fastest Growing Cooling Demand

EESL has recently partnered with ISHARE. How do you see these developments in the backdrop of World Environment Day?
India is set to witness the world’s fastest growing cooling demand and consequently, its air conditioning market is primed to rapidly expand in the next five years. The current aggregated nationwide growth for cooling is expected to grow 2.2 to 3 times, just in the next decade, over the 2017 baseline.
This demand will rise steeply...

AI will move from being a good-to-have technology to a must-have technology

Government Needs to Incentivize Entrepreneurs while Protecting Rights of People

Support from the Government, be it State or Central, is an indispensable factor for start-ups, especially in India. Entrepreneurs are expected to raise productivity and living standards, at scale, by offering innovative solutions. The government needs to incentivize entrepreneurs while protecting the rights of the people. In an exclusive interaction series with startup companies in the energy and mobility space, Manu Tayal, Associate Editor, Energetica India, interacted with Kunal Kislay, Co-Founder & CEO, Integration Wizards Solutions. Here’re the edited excerpts from that interaction

We Need to Create Employment Opportunities that would Inspire Women to Join Clean Energy Space

Utilities to Start Advance Planning for Storage Requirement, Revisit Plan in Every 2-3 Yrs
 
Utilities should start planning as to how much storage will be needed and where should these be located on the grid and revisit this plan (along with RE addition plans in tandem) at least every 2-3 years. Most importantly, regulators should ensure that regulations for ancillary services, market mechanisms, tariff structures, incentives, and safety standards are in place for smooth integration of storage onto the grid.
 
In an exclusive interaction series with women influencers in the power sector, Manu Tayal, Associate Editor, Energetica India, interacted with Sandhya Sundararagavan, Lead, Energy Transitions, World Resources Institute India. Here’re some edited excerpts from that interaction:

There Must be a Penal Mechanism on Discoms for Delay in Signing PPAs, Payments Release

Module Prices to Remain Higher in Near Term

After the Chinese New Year, glass prices did not fall a bit from their autumn highs. Glass continues to remain in shortage for the downstream demand, but the situation is expected to get better. 80% of the price of a PV module is based on the cost of raw materials. The turbulence of solar PV supply chain will last at least three months or longer till supply and demand will further improve and rebalance again. We can expect the module prices to be on the higher side until that happens, says Manish Narula, Senior Director of Business Development (India) & Sales Head (West/South), JinkoSolar, in an exclusive conversation with Manu Tayal, Associate Editor, Energetica India. Narula also discussed about his company’s presence in the Indian market, its product offerings, industry bottlenecks, expectations etc. Here’re the edited excerpts

 
 
 
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