CleanMax Rooftop Solar Installation at leading MNC in Pune, 550 kWp

Increasing Solar Adoption in industries

By: Manu Karan, Vice-President, CleanMax Solar

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Renewable energy – need of the hour

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Opportunity cost of NOT using renewable sources of energy

You ask what’s the opportunity cost of using solar power?

• Present cost versus future cost

• Long term sustainability plan – Adopt now so that the future generations live a

healthier and a more sustainable life

Social cost

• When corporate India adopts solar power, several households in rural India get

electricity

Environmental cost

• Huge carbon dioxide abatement happens by the use of solar power

Economic cost

• Solar power is 20-25% cheaper to the grid

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Energy distribution for various type of sources

3Source: Google and Paper- India: Clean Development – Role of Natural Gas

Coal based power produces 791 g of carbon dioxide per kWh whereas, solar

power plant abates 944 g of carbon dioxide per kWh. Thus solar power is helping

the earth move towards carbon neutrality.

60.10%

7.90%

0.30%

13.90%

2.10%

15.60%

ENERGY DISTRIBUTION FOR VARIOUS TYPE OF SOURCES

Coal Gas Oil Hydro Nuclear Solar and wind

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Rooftop solar scenario today and future predictions

4Source: Bridge to India

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Clean Max Solar Vision

Enable a renewable world

Clean Max Solar Mission

Enable corporate India to go green

through solar adoption

CleanMax Solar was founded in 2011 with the mission of enabling

corporate India to achieve its sustainability ambitions

▪ Started in 2011 by Kuldeep Jain (ex

partner, McKinsey and Co.) and

Andrew Hines (BP Renewable) to

serve clean energy requirements of

corporate sector.

▪ USD 100M investment by Warburg

Pincus

▪ Driven by our belief that corporates

will widely adopt clean technologies if

made easy for them, CleanMax offers

end users a no capex, pay per unit

generated solution with a focus on

“ease of implementation”

▪ CleanMax pioneered the build-own-

operate model in rooftop solar

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India’s First and Largest Onsite Solar Developer

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Market size: 162 MW (as of June 2017)

Ranked #1 Onsite Solar

Developer since the inception of

Bridge to India’s

“India Solar Rooftop Map”

CleanMax’s fleet of installed Solar

Plants exceeds 250+ rooftops,

amounting to more than 85 MWp

Only solar developer with in-

house engineering, procurement

and project management

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Why Do Corporates Rooftop Adopt Solar?

• Carbon footprint reduction – Zero carbon emissions from a solar power plant.

A 1 MW solar power plant offsets ~1400 tonnes of CO2 annually, equivalent to

taking 450 cars off the road.

• Visible Commitment to Sustainability: Compared to open access power or

energy efficiency, rooftop solar is visible to employees, visitors, etc.

• Cost Savings: Competitive against retail cost of power

• Minimum interference during operation : After installation and commissioning

typically, there is a small amount of routine maintenance required only in terms of

cleaning the solar modules. The rest of the system typically requires very minimal

and infrequent O&M.

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Most Corporates Prefer Zero-Capex, Build-Own-

Operate Model

• Certainty of procurement outcome : You lock in power cost savings through

solar power (with no uncertainties from technology selection, subsidy availment,

generation risks, lifetime repairs and maintenance costs, etc.)

• Lower Cost: When BOO model is available, capex option almost never attractive

• Ease of Procurement: No capex approval; minimal technical analysis required

• Ease of implementation : Zero capex, zero opex model, with complete

outsourcing of power plant to CleanMax.

• Better Performance: Realistically, corporates will not devote the attention

required to optimize plant performance

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India’s Only Pan-India Developer with >85 MW of onsite

installations

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5 Offices and Project

Execution Hubs Across

India:

• Mumbai

• Bangalore

• Chennai

• NCR/Delhi

• Pune

Dedicated in-house Projects team for

Onsite Solar solutions

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CleanMax Offers Corporate Clients 3 ways to green

their operations without incurring capex

• Rooftop Solar

• CleanMax is the largest provider of Solar Rooftop solutions in India

• Customized rooftop solar power solutions as per space available and demand

• Open Access / Wheeled Solar Power

• CleanMax was the first developer to set up an solar farm in Karnataka for open

access; 200 MWp under development in KA

• 30 MW out of 60MW solar farm commissioned in Tamil Nadu January 2017

exclusively for corporate clients

• Energy Storage

• Newest offering takes advantage of falling costs of advanced battery technologies, to

reduce diesel generator usage, enable renewables and reduce grid charges

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RCC Roof Installations Metal Sheet Roof Installations

Ground Mount Installations Solar Car Port Systems

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RCC Installation

(TCL Chennai, 252 kWp)

Tracker System (ground mount)

(Solar Farm, Dindigul, 30 mWp)

Experience in variety of Commercial & Industrial

roof types

All sites shown are operational CleanMax installations

Metal Roof Installation

(Gabriel, Hosur, 265 kWp)

Carport Structure with metal sheet

(Mahindra & Mahindra, Nashik, 300 kWp)

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Dindigul 30 MWp Solar Farm

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TVS Lucas, Chennai• Capacity – 1300 kWp• Date of Commissioning – March

2016• Duration of execution – Approx.

3 months from date of Sign of PPA

• PPA Period – 20 years• Savings – Approx. Rs. 16 – 17

Lakhs per year• Grid Price – Rs.6.67 per kWh• Shadow-free Roof Space – 15600

Sq.m• Roof Type - Metal• Module – Canadian Solar• Inverter – TMEIC (Central

Inverter)

Asahi Glass, Chennai• Capacity – 2585.8 kWp• Date of Commissioning – March

2015 & September 2016• Duration of execution – Approx. 3

months from Date of Sign of PPA• PPA Period – 25 years• Savings – Approx. Rs.76 Lakhs per

year• Grid Price – Rs.6.67 per kWh• Shadow-free Roof Space – 38760

Sq.m.• Roof Type – Metal Curved• Module – 310 Wp & 320 Wp Trina

Solar• Inverter- 30KW & 50KW Delta (String

inverter)

TCL, Ambattur

• Capacity – 30,000 kWp• Date of Commissioning – 28 March 2017• Duration of execution – Approx. 9 months• PPA Period – 25 years• Savings – Approx. Rs.8 Crores per year• Grid Price – Rs.8.40 per kWh• Solar Farm Area – 147 Acres• Solar Farm Location - Dindigul• Structure Type – Single-Axis Tracker• Module – 320 Wp & 325 Wp Trina Solar• Inverter- TMEIC Outdoor inverters (

Central inverter)

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Futuristic technologies

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Thank you!

Manu Karan

Vice President – Business Development

Manu_karan@cleanmaxsolar.com

9940079016

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