Newtronics Green Energy: Bringing solar power to your doorstep

Solar is the simplest form of energy resource among other power-generating options. Simplicity in terms of plug-and-play installation, low maintenance, and a short construction period compared to nuclear plants have made solar the most attractive energy-generating source for power developers in India.

The term “cheap and best” exists only in advertisements. In reality, quality almost always has a price tag on it. The quality of modules, inverters, and other equipment is definitely an issue in the Indian solar segment. These are 25-year-long projects, and it is important to ensure good performance over the project lifetime.

The Government of India has set a target of about 500 GW by 2030 from all renewable energy sources and has revised the National Solar Mission target of grid-connected solar power projects from 175 GW to 500 GW by 2030. According to current market projections, India aims to generate 40–45 per cent of its power from renewable sources by 2030.

However, India needs to work harder to establish a robust network involving developers, government authorities, and financial institutions to work in synergy. The economics of the rooftop solar segment remain quite attractive and the industry is growing at almost a 100 per cent CAGR despite these issues.

Jodhpur-based Newtronics Green Energy (NGE) was established in 2012 with a diversified portfolio that specialises in diversified solar energy products and services for EPC projects and to supply the best quality of solar modules in polycrystalline (poly) and monocrystalline (mono), solar water irrigation pumps, and on-grid solar rooftop or ground-mounted systems for industrial, commercial, and domestic use. The company plans to introduce a solar air conditioner that would work at 36-48 volts by using the minimum wattage of solar modules.

NGE aims to build a powerful business development engine in the field of solar energy. The company works with consumers, investors, DISCOMs, and regulatory bodies to develop a sustainable framework for solar energy. They are also acting as facilitators for RESCO and Capex transactions in rooftop space. Consumers are pragmatic enough to understand that projects will take shape only when the likely return on investment (ROI) is at least 12–16 per cent.

In the rural area segment, NGE has developed microchip-based small to medium solar home lighting DC and AC systems, so every person can easily take advantage of solar energy and we can say “Power for All”. The company is currently working on technologies to make 24-hour renewable power availability possible. Some of the products include the advanced battery storage pack, lithium-ion batteries, and battery management system.

A Battery Energy Storage System (BESS) is made up of batteries that can be charged by solar power during the day and then make that power available in the evening or night. As evening power demand is fulfilled by coal plants (grid supply), having a battery system integrated with a solar power plant will mean that the dependency on coal can be reduced and more renewable energy can be supplied to homes and establishments. The International Energy Agency expects India to have about 140 GW of battery storage by 2040, the largest in any country. The government estimates that India will require 25 GW to 30 GW of grid-connected BESS by 2030. A more recent academic study estimates that India will require 56GW/225 GWh (gigawatt hour) BESS to achieve the goal of 500 GW of renewable energy generation capacity.

However, an on-grid solar solution also uses solar energy as a free source of backup power and ensures an uninterrupted power supply due to grid connectivity. Here, the excess energy produced through the solar on-grid system is sold to the DISCOM grid through “Net Metering” and “Gross Metering” policies.

For more details please contact; Tel: +91-9414440798, Email: jeet12solar@gmail.com, info@newtronicssolar.in, Web: www.newtronicssolar.in

Expertise shared by: Jeetendra Saraf

Newtronics Green Energy

Jodhpur