EMERGENT VENTURES

PROFILE SOLAR PHOTOVOLTAIC (PV)

PROFILE - SOLAR PV

1.

CONTENTS

1.

CONTENTS ........................................................................................................................................... 2

2.

ABOUT EMERGENT VENTURES ....................................................................................................... 3

3.

SOME INTERESTING FACTS ABOUT SOLAR PV SECTOR ............................................................. 4

4.

SOLAR PV CREDENTIALS .................................................................................................................. 5

2.2 EVIS CAPABILITY .............................................................................................................................. 5

5.

SOLAR PV OFFERINGS....................................................................................................................... 7

6.

SOLAR PV ASSIGNMENTS ................................................................................................................. 9

7.

PROFILE OF KEY MEMBERS OF THE TEAM ................................................................................. 14

5.1

VINOD K. KALA ............................................................................................................................ 14

5.2 SIDDHARTHA SEN GUPTA .............................................................................................................. 14

5.3 BAMAPADA GHATAK...................................................................................................................... 14
5.4

DEELIP V. PUND ........................................................................................................................... 15

5.5

RANJIT CHANDRA ........................................................................................................................ 15

PROFILE - SOLAR PV

2.

ABOUT EMERGENT VENTURES

Founded in 2004, Emergent Ventures India (EVI) was

established with the twin goal to accelerate fight against
climate change and to foster sustainable development. With
presence across 15 countries globally, EVI is one of the leading,
fully integrated climate change mitigation, sustainable
development advisory and renewable energy consulting firms in
the world. EVI provides end-to-end services from carbon offset
project development, carbon advisory, and finance and
technology solutions, to environmental sustainability and risk
management advisory, and renewable energy generation
development.

The EVI advantage

Comprehensive Solution
Integrated End to
End Support
Global Footprint
Global Solutions
Locally
Client Portfolio
We understand you
better
Cross Industry Expertise
Risk Reduction

EVI is led by people who realize that in order to move towards a

'low carbon' society, we must find ways to integrate global
finances and clean technologies. The team comprises of
international finance, technology and strategy professionals
with proven experience in areas such as environment markets,
environment policy, clean energy generation, energy efficiency,
water management and business sustainability.

High Quality Timely

Delivery and
Responsiveness
Value for Money
Thought Leadership
Staying Ahead of the
Curve

Leading thought in the climate change space, EVI is currently

working on over 300 diverse projects, some of which are
industry firsts. These span our expert service areas of sustainability and climate value advisory, carbon
advisory and renewable energy generation.

EVI-SBUs
SCC Sustainability
climate change
consulting

Renewable

Solar PV
Energy &
Climate
Policy
(ECP)

Corporate
Sus
Development
(CSD)

Carbon
Advisory

Sustainable
Urban
develop
ment
(SUD)

Wind
(Windforce)

Trading

Voluntary
Carbon
(VER)

Compliance
Carbon
(CER)

PROFILE - SOLAR PV

3.

SOME INTERESTING FACTS ABOUT SOLAR PV SECTOR

Solar PV Industry is the fastest growing Renewable Energy (RE) in the world (2007 to 2012) - The
global total of solar PV was roughly 100 GW at the end of 2012, to be compared with just 1.5
GW in 2000. Over the past five years, solar PV has averaged an annual growth rate of over 50%
Solar PV is the third largest Renewable Energy installed worldwide till today (only after Hydro &
Wind)
The price of the Solar PV technology is falling at the fastest rate among all RE
Solar PV is the only technology where the electricity is produced electronically (without any
moving part)
Investments in solar power overtook those in wind power for the first time in 2011
Solar PV is the only RE technology where milliwatt to megawatt can be produced (any size is
possible) and virtually can be installed anywhere on earth
If you cover 1% of the Sahara desert with PV modules, they would provide enough power to
meet the worlds needs

PROFILE - SOLAR PV

4.

SOLAR PV CREDENTIALS

2.2 EVIS CAPABILITY

EVI has gathered significant expertise in solar PV domain related consultancy space and has provided
various kinds of services to its clients starting from site assessment to successful commissioning of solar
PV projects. EVI has successfully completed 1 MW and 10 MW solar PV projects in Rajasthan, India & 5
MW solar PV project in Gujarat, India as Owner Engineer (OE).
EVI has set-up its own state-of-the-art solar radiation and weather monitoring station in Rajasthan, India
that has been working for the past 24 months. EVI is also an approved Channel Partner to Ministry of
New & Renewable Energy (MNRE), Govt. of India as System Integrator to implement off-grid Solar PV
projects under capital subsidy scheme. EVIs client base in solar includes independent power producers,
major corporate houses, financial investors for project development and owners engineer services; and
Govt. agencies seeking support for policy formulation, framework and guidelines for development of
renewable energy projects.
Recently EVI has expanded Solar consulting services in South East Asia. EVI has been appointed as one of
the authorized independent Inverter testing agency for the Sustainable Energy Development Authority
of Malaysia (SEDA Malaysia). SEDA Malaysia is a statutory Govt. body in Malaysia formed under the
Sustainable Energy Development Authority Act. The key role of SEDA is to administer and manage the
implementation of the feed-in tariff mechanism which is mandated under the Renewable Energy Act.
EVI successfully executed an assignment of Inverter testing for cumulative 2.5 MW solar PV plants in
Malaysia. Several other inverter testing assignments are in process. EVI is currently executing system
testing (DC & AC) assignment for 2 MW rooftop solar PV Plant for one large Solar PV developer in
Malaysia and executing another assignment for design & engineering review for 8 MW ground mount
solar PV plant for the same client.
Malaysias largest University has appointed EVI as consultant to prepare technical guideline for Solar
Farm audit for SEDA Malaysia.
The factors giving an edge to EVI over competition:
Strong domain expertise in Solar Photovoltaic Technology
o Highly experienced professional team with several years of experience (including
international experience) in Solar PV Projects
o The team has experience of executing several Solar PV projects across globe (including
MW scale projects) and is well conversant with global standards of project execution
o Up to date understanding of various typed of solar PV usage (roof tops, ground

PROFILE - SOLAR PV
mounted, grid connected, off-grid and micro-grids etc across different terrains and
climate conditions e.g., desert, tropical, cold etc)
o Understanding of new technologies and configurations (such as Diesel with PV Hybrid
systems, concentrated PV etc)
The team is a mix of experienced technical & finance professionals, ensuring that projects
deliver superior value to investors
Proven design, engineering, audit and operational diagnosis capabilities, to ensure that plants
run well and deliver desired performance
Strong relationships with academic centers, global centers of excellence, policy makers, Industry
bodies etc.

PROFILE - SOLAR PV

5.

SOLAR PV OFFERINGS

Technical Feasibility Study

Commercial Assistance

Implementation Assistance

Site Selection (Ground mount or Roof

mount)
Site Assessment
Solar Resource Assessment
PV Technology recommendation
Plant Capacity Estimation
Energy Generation Estimation
Power Evacuation Study
Basic Design & Preparation of Major Bill of
Materials
Preparation of Technical Feasibility Report
Regulatory/Policy Assessment
Study Central & State level policies
Policy Recommendation
Financial Modeling
Project costing
Project cashflow/IRR calculation
Preparation of Bankable DPR
Assistance in financial closure (Equity &
Debt)
Assistance in getting Govt.subsidy
Preparation of Bankable DPR
Selection of EPC Contractor
Preparation & Floating of RfQ for selection
of EPC Contractor
Techno-commercial comparisons of offers
EPC Contractor due diligence
Techno Commercial negotiations
EPC Contracting
Review of detailed design & engineering
documents
Construction Assistance
Inspection & Quality Assurance
Project on-site supervision
Commissioning Assistance
Witness Pre-commissioning &
Commissioning checks & tests
Witness Acceptance Test

PROFILE - SOLAR PV

Plant Quality Assessment

Power quality measurement of Inverters for grid

compatibility
Complete plant functional testing with
troubleshooting
Plant performance Audit
Recommendation for plant performance
improvement

Solar Domain Consulting

Off-grid Solar potential mapping

Techyno-commercial feasibility study for large
Solar Park
Technical guideline preparation
Program management for Off-grid Solar PV
deployment (with Mini/Micro grid)
Assist in setting up of Centre of excellence on
Solar PV Technology
Solar PV Training

PROFILE - SOLAR PV

6.

SOLAR PV ASSIGNMENTS

Service

Scope of Work

Projects

Highlights

INDIA

Owners
Engineer

Development /
Feasibility Assistance
Regulatory
assessment
Techno Commercial
Assistance
Engineering & Design
assistance
Project
Implementation
assistance
Audit & Inspection
Financial Assistance

Ground mount 5 MWp

in Gujarat for export to
grid
Client APCA Power
Pvt Ltd, India
Scheme - Gujarat
state scheme
Period Sept 2011
Dec 2012

Provided end-end consulting from

concept to commissioning
Assisted in debt closure

Ground mount 1 MWp

in Rajasthan for export
to grid
Client Conflux
Infratech Pvt Ltd,
India
Scheme JNNSM
RPSSG Scheme
Period Oct 2011
Apr 2012

Provided end-end consulting from

concept to commissioning
Assisted in equity closure
Assisted in getting supplier credit
Assisted in debt closure

Roof top 60 kWp in

Kerala for captive
consumption
Client Kerala
Metals & Minerals
Ltd, India
Scheme Kerala
subsidy scheme
Period Jan 2013
Ongoing

PROFILE - SOLAR PV

Service

Scope of Work

Projects

Highlights

INDIA

Feasibility
Study for
Solar Park
Development

Project
execution
assistance

Feasibility
Study &
Financial
assistance

Identifying and
evaluating the
suitability of land for
the development of
solar power
Market study of solar
project developers and
equipment
manufacturers
Technical
requirements for solar
project developers DNI level assessment,
land preparation,
infrastructure
requirements (gas /
water / transmission)
Integrating State-level
programs with the
National Solar
Mission
Organizational and
contractual structure
of the Solar Park
Financial structure of
the debt-financing
package to be offered
to project developers

Development of Solar
Park in Gujarat, India
Client Clinton
Climate Initiative,
Clinton Foundation
Scheme Gujarat
solar Mission
Period May 2009

Study assisted in identification and

development of 500 MW Charanka
Solar Park in Patan District, Gujarat,
India. Currently Charanka Solar Park
has solar projects with total
installed capacity of 221 MW.

Deputed full time site engineer at

site for inspection & quality control
of EPC vendor

Project
Implementation
assistance

Ground mount 10 MWp

in Rajasthan for export
to grid
Client Sai Maithili
Energy Pvt Ltd (KSK
Group), India
Scheme JNNSM
Phase 1 Batch 1
Period Oct 2012
Apr 2013

Development/Feasibil
ity Assistance
Financial Assistance
Detailed Project
Report Preparation

Roof top 180 kWp in

West Bengal for captive
consumption
Client Amrit
Group, India
Scheme MNRE
Capital Subsidy
Period June 2012
Oct 2012

Prepared DPR in MNRE format for

three plants (two with storage back
up)
Assisted in getting MNRE capital
subsidy

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PROFILE - SOLAR PV

Service

Scope of Work

Projects

Highlights

INDIA

Feasibility
Study cum
DPR
Preparation

Development/Feasibil
ity Assistance
Regulatory
assessment
Detailed Project
Report preparation

Ground mount 25 MWp

in Maharashtra for
exporting to grid
Client Sarvesh
Energy Pvt Ltd, India
Period Jan 2013
May 2013

Assited client in assessing project

feasibility under different programs
like state solar program, REC
mechanism, JNNSM program

Ground mount & roof

mount 11.5 MWp in
Kerala for captive
consumption and
export to grid
Client Cochin
Airport
Infrastructure Pvt
Ltd (CIAL), India
Period Jan 2013
Ongoing

Assisting client in identifying sites

feasible for solar projects within
Cochin International Airport and
other assets of CIAL.
Assisting client in assessing project
feasibility under different programs
like state solar program, REC
mechanism, JNNSM program

Roof top 1.4MWp in

Maharashtra for captive
consumption
Client Hindustan
Coca Cola Beverages
Pvt Ltd, India
Period Apr 2012 Nov 2012

Assisted client in assessing their

rooftop for feasibility of solar plant
Explore options for mounting
structures on roof without
puncturing holes on roof using
industrial adhesives etc
Assisting client in assessing project
feasibility under different programs
like state solar program, REC
mechanism, MNRE capital subsidy
Client has decided to set up a 100
kWp pilot plant under MNRE capital
subsidy scheme initially. Based on
performance, client may expand the
capacity

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PROFILE - SOLAR PV

Service

Scope of Work

Projects

Highlights

INDIA

Technocommercial
Feasibility
Study,
Regulatory
advisory

Feasibility
Study

Technical
Feasibility
Study

Technical
Feasibility
Study

Site feasibility
study
Preparation of
Technical
feasibility report
Financial
modeling
Preparation of
technical
documents
required for
project approval
under REC
scheme

Site feasibility
study
Preparation of
Technical
feasibility report
Financial
modeling
Assisting in bid
document
preparation for
implementation
Site feasibility
study
Preparation of
Technical
feasibility report

Site feasibility
study
Preparation of
Technical
feasibility report

Roof top 4X250kWp in 2

states (2 in
Maharashtra & 2 in
Gujarat) for captive
consumption
Client Hanjer
Biotech Energies Pvt
Ltd, India
Scheme: Renewable
Energy Certificate
(REC)
Period Apr 2012 Aug 2012

Assisted client on conceptualize the

project under OPEX model
Brought investor to the client for
investing into the project under REC
scheme
Did detailed Technical Feasibility
study of the four sites.

Roof top 260kWp in

Delhi
Client BSES
Rajdhani Power
Limited (BRPL), India
Scheme:
Demonstration
Programme on Tailend grid connected
Solar Power Plants
Period July 2011 Nov 2011

Did detailed Technical Feasibility

study
Assisted client in preparation of the
bid document

Roof top 1 MWp in New

Delhi Railway Station
(platform roofs)
Client Northern
Railways, India
Period Sep 2012 Dec 2012

Did detailed Technical Feasibility

study on New Delhi Platform Roofs
Recommended client on the policy
matters

Roof top 2.5 kWp (roof

of train coach)
Client Northern
Railways, India
Period Feb 2013 Apr 2013

Did detailed Technical Feasibility

study on installation of solar panels
on the train coach roof

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PROFILE - SOLAR PV

Service

Scope of Work

Projects

Highlights

INTERNATIONAL
Independent
Inverter &
Plant testing

Power Quality
measurement of the
PV Inverters as per
utility guideline and
relevant IEC
standard
Total system testing
(DC & AC)
Walk through audit
Witness in the precommissioning tests
Witness in the
Commissioning tests

Preparation of
technical
guidelines for
Solar Farm
Audit

Writing technical
guideline for Solar
PV plants in
Malaysia based on
International
Standards

Design &
Engineering
review

Site feasibility
Solar Resource
Assessment
Assisting in vendor
finalization
Basic design
Energy generation
prediction
Review of design &
engineering
documents and
drawings

Ground mount 3.5 MWp

project in Malaysia for
exporting to grid
Client: Malaysian
Solar Resources SDN
BHD, Malaysia
Scheme: FiT
Period Apr 2013 ongoing
Roof mount 2 MWp
project in Malaysia for
exporting to grid
Client: Gading
Kencana SDN BHD,
Malaysia
Period Apr 2013 ongoing
Policy work
Client : Universiti
Teknologi Mara
(UiTM)
Period Mar 2013
May 2013
Ground mount 8 MWp
project in Malaysia for
exporting to grid
Client: Regal River
SDN BHD, Malaysia
Scheme: FiT
Period May 2013 ongoing

Measured the inverter power quality

for grid compatibility

Solar plant testing

UiTM is the largest University in

Malaysia
EVI assisted UiTM in preparing
technical guidelines for technical audit
for solar PV projects in Malaysia
The assignment was awarded by
SEDA, Malaysia
Assisting client on the design &
engineering of the plant

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PROFILE - SOLAR PV

7.

PROFILE OF KEY MEMBERS OF THE TEAM

EVIs team of experts has experience ranging from Solar PV cell & module manufacturing to project
design, engineering, installation, commissioning and operations. The solar team is headed by Siddhartha
Sen Gupta who has over 19 years of experience in Solar PV Industry and advised by Vinod Kala,
Managing Director of EVI. The brief profile of key members of the team is given below:
5.1 VINOD K. KALA
Vinod created EVI in 2004 to fight climate change and to foster sustainable development. Under his
stewardship, the company has grown into a broad spectrum enterprise specializing in carbon, energy
technology, financing and project development. Vinod has over 20 years of experience in strategy and
finance. Prior to founding EVI, he promoted software products for the telecom and financial sectors. He
also spent 10 years as a consultant in assignments such as cross border mergers and acquisitions, largescale financial re-engineering and launching new products. Vinod has a Post Graduate Diploma in
Management from IIM Ahmadabad and a B. Tech in Mechanical Engineering from Malaviya Regional
Engineering College (1983).
5.2 SIDDHARTHA SEN GUPTA
Siddhartha heads the Solar PV team at EVI. Siddhartha has more than 19 years of experience in Solar PV
Energy in India, Middle East and Europe. Siddharthas work experience includes utility grade grid
connected PV projects and off-grid rural electrification projects in India, grid connected roof top PV
projects in Europe and industrial off-grid PV projects (Telecom and Oil & Gas sectors) in Middle East.
Siddhartha has a strong track record of developing solar solutions for various off grid and grid connected
applications. He has hands-on experience of developing and implementing solar PV solutions in remote
areas for rural electrification and commercial purposes in developing and lesser developed countries.
Siddhartha has worked in all possible applications of Solar PV and the roles included business
development, design & engineering, technology assessment, vendor development, project
management, QA etc. He underwent several trainings on Solar PV Systems which includes training on
Grid connected Solar PV System Design and Engineering in California, USA. Siddhartha holds B.E degree
in Electronics & Communication Engineering from NIT Durgapur and is a member of Engineers Ireland
(MIEI).
5.3 BAMAPADA GHATAK
Bamapada has more than 10 years of extensive hands-on experience in Solar PV sector. He has
experience of working in India and Middle East. He has extensive knowledge of power evacuation
assessment, understanding Grid codes of Indian states, Power Evacuation design for 11/33/66 kV for PV
plants, strong electrical engineering knowledge with hands-on experience, MW Scale plant electrical
design (both DC & AC), Hybrid system design (Grid:Diesel:Solar) and implementations, 10 years working
in Solar PV industry, Knowledge of ISO 9001 QA system. Bamapada holds B.Tech in Electrical Engineering
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PROFILE - SOLAR PV
from RVU and Post Graduate in Planning & Project Management from Central University, Hyderabad.
Prior to working with EVI, Bamapada has worked with world renowned companiescompanies like
Mitsubishi Electric, Conergy etc.
5.4 DEELIP V. PUND
Deelip has more than 19+ years of total experience with 10 years in project execution, O & M of wind
power plants & foundry. Mr. Deelip is also qualified for: Internal Auditor of ISO 9000:2000 conducted by
Business Solutions in 2003, Lead Auditor for OHSAS 18001:1999 conducted by DNV in 2004, Lead
Auditor for ISO 14001:2004 conducted by DNV in 2007 and Lead Auditor for ISO 27001 :2006 Conducted
by DNV in 2007. In his stint while working in Wind Sector, he has managed 150+ MW of large IPP
Projects, daily follow up with project, marketing, wind resource teams for project progress, interacts
with customer on regular basis. He is an expert in transmission and grid integration issues.
5.5 RANJIT CHANDRA
Ranjit is a management graduate with 7 years experience in credit appraisal project financing. He is
adept in all aspects of project finance having experience in financing of more than 20 projects. He
worked as Project Engineer Ranjit for industrial projects. Ranjit holds B.Tech in Mechanical engineering
from NIT Nagpur. He is proficient in cash flow based financing techniques, project evaluation and risk
analysis.

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