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Distributed Energy

Energy Customer Profile

Our Energy Customer established the first membrane cell plant for Chloralkali production in India. They also have built a long legacy of sustainability and diversity in the workplace. The Customer is one of the first major chemical organisations in India to introduce and implement innovative technologies successfully and stay at the forefront of the industry. With considerable investment in processes and quality improvement, their operations have been at the cutting-edge of technology since its inception.

This 110 kW solar power plant, located in Puducherry, India was commissioned in late September 2019 and is currently available for purchase. The purpose of this plant was to power electrical appliances for the chemical factory using rooftop solar, off-setting the use of power from the grid and reducing the energy paid to the electricity board. The plant is currently available for purchase at $65,714.  The lease duration is 20 years and cost per unit is $0.07, with a 5% escalation every 5 years for the first 10 years. Thereafter, for the remaining years there will be a one time 5% escalation at the beginning of the 11th year. If you are interested in purchasing this plant, please select the “For Sale – Contact Us” option and fill out the form. We will get in touch with you shortly.

Energy Customer Profile

Our Energy Customer established the first membrane cell plant for Chloralkali production in India. They also have built a long legacy of sustainability and diversity in the workplace. The Customer is one of the first major chemical organisations in India to introduce and implement innovative technologies successfully and stay at the forefront of the industry. With considerable investment in processes and quality improvement, their operations have been at the cutting-edge of technology since its inception.

This 110 kW solar power plant, located in Puducherry, India was commissioned in late September 2018 and is currently available for purchase. The purpose of this plant was to power electrical appliances for the chemical factory using rooftop solar, off-setting the use of power from the grid and reducing the energy paid to the electricity board. The plant is currently available for purchase at $60,000.  The lease duration is 20 years and cost per unit is $0.07, with a 5% escalation every 5 years for the first 10 years. Thereafter, for the remaining years there will be a one time 5% escalation at the beginning of the 11th year. If you are interested in purchasing this plant, please select the “For Sale – Contact Us” option and fill out the form. We will get in touch with you shortly.

Energy Customer Profile

Our Energy Customer is a reputed business house and a dominant player with its footprint imprinted in various sectors and has made numerous local investments, including in theatres, petrol bunk, car dealerships, restaurants and beverage manufacturing across India. The Customer owns over 11 car dealership and service centres throughout South India.

This 125 kW solar power plant (75 kW + 50 kW), located in Puducherry, India was commissioned in 2019 and is currently available for purchase. The purpose of this plant is to power two car dealerships, off-setting the use of power from the grid and reducing the energy paid to the electricity board. The plant is currently available for purchase at $77,500.  The lease duration is 20 years and cost per unit is $0.07, with a 5% escalation every 5 years for the first 10 years. Thereafter, for the remaining years there will be a one time 5% escalation at the beginning of the 11th year. If you are interested in purchasing this plant, please select the “For Sale – Contact Us” option and fill out the form. We will get in touch with you shortly.

Energy Customers Profile

This proposed solar farm project is intended to meet the energy requirements of several well established companies in Gujarat, India. 

Currently, funding is required for an 8000 kW solar farm in the state of Gujarat. This will be a ground-mounted solar system and the implementation of this solar farm project will allow the group of companies to off-set the use of power from the grid and reduce the energy paid to the electricity board. Based on the proposed installation capacity, the total system cost is $4,800,000. The solar farm will be constructed under a BOOT model. The lease duration is 20 years and the gross cost per unit is $0.08 without change for the full lease period. The annual energy generation from the solar system is an estimated 12,410,000 units.

DE-Solar Rooftop Fund 1

Overview

At Distributed Energy (“DE”), we want to accelerate the deployment of renewable energy and provide a clean path to growth for developing countries across a broad range of impactful sectors. This preliminary DE-Solar Rooftop Fund 1 (“DESRF1”) Blueprint is proposed in order to invite expressions of interest (EOI) from sophisticated investors and financial institutions to join with those already involved to bring the vision and intention behind DESRF1 a reality in India and Africa. DESRF1 is tentatively scheduled for launch in early February 2020.

Investment Objective

DESRF1 aims to realize average potential returns for the long-term (20 years) of no less than 10% for its investments into solar projects.

Investment Strategy

The supply of energy in developing countries is today an intricate system comprising the regimes of technologies, regulatory frameworks, socio-economic impacts and techno-ecological interactions. In order to facilitate this, DESRF1 would deploy a wholesale and direct investment approach across a broad range of sectors. Wholesale investments would take an array of forms including into solar off-grid and on-grid support, and enterprise development projects. This focus has a multiplier effect, enabling existing players to do more, as well as encourage more participants to enter because capital is more readily available. In the direct investment approach, DESRF1 will proactively pursue innovate and scalable solar projects, with potential for higher impact, returns and investor appetite.

Our objective involves focusing on deployment of solar for the private sector. We will seek, review and sign Power Purchase Agreements (PPAs) with industries, businesses and commercial organisations. We will focus on a minimum cumulative project size of 100kW and a maximum of 10MW.

We intend to have insurance for all our plants and equipment’s. We will also evaluate credit insurance availability for each client to ensure reduction in risk for our investors.

Structure and Governance

DESRF1 would be run and managed by DE. It would have a high-performing, multi-disciplinary investment committee and leadership team. It would have a governance and accountability framework that ensures it is independent, effective, inclusive, transparent and compliant.

Given DE’s track record and experience of having deployed and operated solar rooftop projects across India, Rwanda and Malawi, we consider our experience as operators to be an added advantage to raising and deploying such a fund.

Capital Requirements

In order for DESRF1 to realize its investment objective, execute its mission and mandate credibility, initial modelling indicates DESRF1 would need to raise at least $10 million and invest in no less than 150 solar projects. The fund subscription will close at the raise of $50 million. It is anticipated the capital to establish DESRF1 would come primarily from sophisticated investors and financial institutions, followed by established social sector organisations and philanthropy. The minimum initial subscription amount is $100,000.

Risk Factors

The following risk factors are not exhaustive and do not purport to be a complete explanation of all the risk and considerations involved in investing in DESRF1- general economic and political risks, such as reduced economic activity, rising interest rates, inflation, rising prices in commodities, deflation, liquidity risk investments, counter-party risk, currency risk, natural disasters, political developments, acts of terror and war.

Benefits

The ultimate benefits of DESRF1 would be felt by the communities and economies across India and Africa. The capital injection into impactful sectors will help bridge the energy supply-demand gap in these regions, particularly off-grid societies and reduce sectoral dependence on fossil fuel based sources and promote instead the utilisation of environmentally-friendly, cleaner renewable technologies.

In a lot of the markets we operate in, there is also an absence of reliable grid power. Our rooftop solar will primarily focus on supplying base load to ensure that the customer will be heavily incentivised to enter into a PPA with us.

Lastly, given the current rate of solar infrastructure, we intend to focus on offering PPAs that have a per-kWh rate that is better than the grid.

Why now

There is a window of opportunity characterised by growing momentum and interest in renewable technologies as a driving force to catalysing energy independence in developing countries. The cost of solar has now crossed the inflection point where the IRR on offer is very attractive. Being an early bird and investing in innovative, socially beneficial outcomes could be a winning strategy, especially with the growing appetite from investors to allocate more of their resources to creating social as well as economic value.

 

 

 

 

Energy Customer Profile

Our Energy Customer established the first membrane cell plant for Chloralkali production in India. They have also built a long legacy of sustainability and diversity in the workplace. The Customer is one of the first major chemical organisations in India to introduce and implement innovative technologies successfully and stay at the forefront of the industry. With considerable investment in processes and quality improvement, their operations have been at the cutting-edge of technology since its inception.

This 225 kW solar power plant is currently available for purchase and is located in Sri City, India. The purpose of this plant was to power electrical appliances for the chemical factory using rooftop solar, off-setting the use of power from the grid and reducing the energy paid to the electricity board. The total cost of installing this rooftop solution was $135,000.  The lease duration is 20 years and cost per unit is $0.07, without change for the full lease period. If you are interested in purchasing this plant, please select the “For Sale – Contact Us” option and fill out the form. We will get in touch with you shortly.

Distributed Energy