WAAREE ENERGIES LIMITED
BRIEF INTRODUCTION & CREDENTIALS
Corporate Profile
ABOUT WAAREE ENERGIES
WAAREE GROUP – GROWTH TRAJECTORY
1989-1997 1997-2007 2007-2011
• WAAREE Group was founded by • JV with Italian & Chinese partners & • Establishment of Waaree Energies Ltd.
Mr. Hitesh Doshi in 1989 with a setup of Global offices at Dubai,
focus on Instrumentation business Qatar, Oman and in EU. • A 30MW module manufacturing line is
set-up in 2007
• Expansion into 65 countries for
customer service.
2011-2013 2013-2014 2014-2018
• Started EPC services and venture • Expands its IPP business to 150 MW • Expanded capacity from 250 MW to
into other business segment like 550 MW
solar pumps and other off-grid • Joint equity with a MiniRatna
applications company for 100MW project • In process to Expand Capacity to 1200
MW
• Expanded module manufacturing • Module Manufacturing capacity up
capacity from 30 to 110 MW from 110 to 250 MW
GUIDING PRINCIPLES
Our Vision is to provide high quality and cost-effective sustainable energy solutions across
all the markets, reducing carbon foot print- paving way for sustainable energy there by
improving quality of present and future human life
By virtue of our commitment to our stakeholders, we strive for continuous improvement in
the quality of our products & services
The core values of our organization are those values that underlie our work & strategies we
employ to fulfil our vision & mission
UNDERLYING VALUES
Integrity
Continuous Improvements
and Innovation Respect for Individuals
Passion for Excellence
Customer First
OUR CAPABILITIES
Pre feasibility One-Stop
Studies Solar
28 years Solution
Provider
Power Land and Site
Evacuation Identification
INR 1000+ Cr
End-to-End Global presence
Turnover for Enabling Solar
Capabilities Since 2007 and outlook
the past 2
years
Installation & Design & mfg.
Commissionin of Modules
g
5000+
Site customers
Infrastructure across the
Development globe
OUR SERVICES
SOLAR PARK ROOF TOP INDEPENDENT
SOLAR EPC SERVICES SOLUTIONS POWER
DEVELOPER
MODULES PRODUCER
SOLAR WATER SOLAR SOLAR SOLAR FRANCHISEE
PUMP INVERTER THERMAL PRODUCTS NETWORK
INDIA’S NO. 1 SOLAR COMPANY
Bridge to India Report - 2015 Bridge to India Report - 2017 Bridge to India Report - 2016
INTERNATIONAL - CUSTOMERS
Italy Germany Italy
Spain
USA Germany
Italy
Italy USA
More than 100 satisfied customers…
DOMESTIC - CUSTOMERS
More than 1000 satisfied customers…
ACCOLADES AND RECOGNITION
Awarded by EEPC as “Best Performer” for four 2017: CBIP Award for Best Solar PV Module
years in a row. Awarded by President of India for Manufacturer & Solar Power Developer
“Best Company in Medium & Small Sector”
2016: National Excellence Award for Solar PV 2015: Make In India Award for Excellence
Module Manufacturing
…More than 100 awards
MANUFACTURING CAPABILITIES
STATE OF THE ART
MODULE MANUFACTURING PLANT
State of the
Art, Module
Manufacturing
Facility, with the
capacity of
550 MW, - Under
upgradation to
1200 MW
CERTIFICATIONS OF MODULES
Successful Audits
Fitchner Black and Sun Enel,
Srl, Italy Veatch, USA Edison Italy
EDF,
MCS
France
POLY AND MONO CRYSTALLINE PV
MODULES : FEATURES
Withstands
high wind- Each PV
High reliability pressure and module is
High conversion with guaranteed snow load provided with
efficiency based 0~+4.99 Wp (passed RF
on leading power output 5400Pa identification
innovative tolerance, mechanical tag which are
photovoltaic ensuring best loading test), to be used in
technologies. ROI. and extreme solar power
temperature plant projects.
variations.
Cell Variant Type
High Efficiency Cells by Modules in the Power class of Manufacturing Poly Crystalline as well
globally known and certified 3Wp to 400Wp with 240Wp as Mono-crystalline modules.
suppliers such as Gintech - family for 60 cells Modules and
Hareon and Indosolar. 280Wp family for 72 cells.
Process Efficiency
Manufacturing process follows the best Current module efficiency in excess of
International Industry Standards and 16%.
Practices.
Picking up best from the world to deliver optimum performance and efficiency
MANUFACTURING TRACK-RECORD
[MAJOR MODULE INSTALLATIONS]
Sr. No Capacity Company Project Location Year
1 200 + MW Azure India 2014-17
2 100+ MW Sterling & Wilson India 2015-17
3 50+ MW Ujaas India 2010-17
4 30 MW Suzlon India 2015-16
5 10 MW Atersa UK 2016
6 2 MW Sigma Energy Italy 2015
7 1.3MW LUXOR GmbH Germany 2015
8 5MWp ESPE SRL Italy 2014
9 14 MW KREN Invest B.V Netherlands 2013
10 2.5 MW Enel Green Power Italy 2013
11 15 MW Monosteel India 2012
12 5 MW Greentech India 2012
13 3 MW Abellon India 2012
14 5 MW Wipro, Dadri India 2012
15 5 MW Sacchi Giuseppe SPA Italy 2011
16 2 MW Fliegl Energie Germany 2010
17 1.3 MW Feliciony Energy Italy 2010
18 500 KW ECOJOULE S.R.L. Italy 2010
19 507 KW Ferla Energy Srl Italy 2010
20 500 KW V.T Telematica S.P.A. Italy 2010
NEW TECHOLOGY: MERLIN MODULES
PERFECT FOR RUGGED, HIGH VIBRATION LOCATIONS
SPECIALIZED APPLICATION: RUGGED &
LIGHTWEIGHT MODULE FORM FACTORS
Merlin Features
• Maintains module integrity
• Resistant to arcing at fatigued
locations
Rugged Modules Portable Solutions
NEW TECHOLOGY: AC MODULES
AC MODULES
Features
• Highest Redundancy type of architecture
– no single point failure.
• More optimised power tracking (Higher generation than
string inverters as each panel has independent MPPT. )
• DC wiring is eliminated, AC wiring is standard.
• Monitored at panel level which helps to keep the O&M
planned and minimal.
• Lasts the life of the PV plant, 10 year warranty; no need to
replace.
• Least effect of moving shadow(s) on the system.
• Lower life cycle cost of the system compared to any other
architecture.
• HIGH safety due to low AC voltage of just 230/415 volt.
EPC CAPABILITIES
FULL SERVICES OFFERING WITH
PROVEN EXPERIENCE
Engineering Procurement Construction
Project Systems PV Modules Land Development
Electrical Inverters Structure
Structural & Civil Structures Control Room
Monitoring Cables Roads & Drainage
Evacuation Transformers Evacuation of Power
Infrastructure Planning
Project Maintenance Project Execution Manufacturing Business Development And Development
More than 500 MW ‘s of EPC projects delivered - 100 MW under execution
WAAREE CAPABILITIES - GROUND MOUNTED
Waaneep Roha
Solar DyeChem
50 MW 27.5 MW
Sharda
MonoSteel Constructions
10 MW 10 MW
More than 500 MW ‘s of EPC projects delivered …
MORE THAN 500 MW
GROUND MOUNTED PROJECTS
No. Capacity (MW) Company Name Project Location Project Status
1 75 Leading Utility Company Surat, Gujarat Commissioned
2 50 Waaneep Solar Madhya Pradesh Commissioned
3 44 Hero Future Energies Telangana Under Execution
4 40 Adani Power (Design) Gujarat Commissioned
5 27.5 Roha Dyechem Rajasthan Solar Park Commissioned
6 25 Waaneep Solar Andhra Pradesh Commissioned
7 23 Maharashtra Seamless Rajasthan Commissioned
8 22 Roha Dyechem Maharashtra Under Execution
9 10 Sharda Constructions Latur, Maharashtra Commissioned
10 10 Mono Steel India Una, Gujarat Commissioned
11 5 Green Tech Kolayat, Rajasthan Commissioned
12 5 Friends Group Susner, Madhya Pradesh Commissioned
13 5 Sai Baba Green Power Latur, Maharashtra Commissioned
14 5 Avatar Solar Patan, Gujarat Commissioned
15 5 Taxus Infrastructure Kutch, Gujarat Commissioned
16 5 Bhadresh Trading Susner, Madhya Pradesh Commissioned
17 3 Abellon Clean Energy Modasa, Gujarat Commissioned
18 2 Claris Life Sciences Modasa, Gujarat Commissioned
19 2 Haldirams Nagpur, Maharashtra Commissioned
20 1.5 Neon Laboratories Murtizapur, Maharshtra Commissioned
SOLAR PARK SOLUTIONS
FULL SERVICE PLUG-N-PLAY MODEL OF DEVELOPMENT
Solar Park Solution for Captive Solar Projects
Single Location Aggregated & Developed Land on free-Hold Basis
Ready & Robust Evacuation Infrastructure (Transmission Line and GSS Bay) on Shared
Basis
Plug-n-Play Solution with proven expertise of Waaree’s EPC, Approvals and Asset
Management team
LAND CLUSTERS
EXECUTIVE SUMMARY
District Solapur, Maharashtra
Location Location District Akola, Maharashtra
Connectivity MSETCL 132/33 kV Substation Connectivity MSETCL 132/33 kV Substation
Park Capacity 30 MW AC Park Capacity 30 MW AC
GHI (Indicative) 1954 KWh/m2 GHI (Indicative) 1882 KWh/m2
Land Acquisition completed Land Acquisition completed
All permissions obtained All permissions obtained
Power Evacuation Infrastructure 100% Power Evacuation Infrastructure 100% complete
Present status complete Present status
Transmission Line connected and charged
Transmission Line connected and charged 33 KV Metering Bay constructed & commissioned
33 KV Metering Bay constructed & at MSETCL Grid sub-station
commissioned at MSETCL Grid sub-station
High Insolation Shovel 33 kV Double High Insolation Shovel 33 kV Double Circuit Line
Ready Circuit Ready Commissioned & Charged
Land Transmission Line Land
NEW TECHNOLOGY: FLOATOVOLTAICS
FLOATING SOLAR SOLUTIONS
FLOATING SOLAR SOLUTION VALUE PROPOSITION
EXTRA GENERATION: DIFFERENTIATION
• Module inclination adjustable for each location • Made in India*
• Module operates 10-15 °C cooler for extra generation • Patents:
• Designed for quick installation and easy O&M PCT/US2015/063136
• Can be modified for tracking PCT/US2016/43007
• Patents are protected in India
• Complies with environmental, structural standards
• High quality components for long-life
• Heavy, high buoyancy floats with redundant features
• Flexible monolithic platform tolerates wind, waves
NO ENVIRONMENT IMPACT: DURABLE & RELIABLE:
• Stable against high winds, waves
• Stable against high winds, waves
• Tolerates variation in water draft • Tolerates variation in water draft
• Freshwater or seawater compatible • Freshwater or seawater compatible
• Corrosion resistant metal structures • Corrosion resistant metal structures
• PV module engineered for marine use (10 years) • PV module engineered for marine use (10 years)
• UV resistant floats for long-life
• UV resistant floats for long-life • Floats have redundant leak-tolerant features
• Floats have redundant leak-tolerant features • Smart tethering & anchoring solution
• Smart tethering & anchoring solution
BASIC DESIGN ASPECTS
Open structure generates moon-
IP67 rated Solar modules
pool effect to minimize wave-
designed for marine
motion and passes plenty of light
environment
and air for aquatic ecosystem
High endurance HDPE components designed for Marine-grade Aluminum
drinking water systems. High buoyancy enables structures designed for wind-
minimum contact with water surface load over 150 kph
ROOFTOP TRACK RECORD
WAAREE ADVANTAGE :ROOFTOP INSTALLATION
Our Experience to serve you
• We have close to a decade of extensive experience
working with both Government and private institutes
• We have already installed over 3,50,000 kW of systems
We do great work
• Recognized Industry Leader: Tier 1 Module
Manufacturer (international), CRISIL SP1A Grading
(MNRE), Award for ‘Best Solar PV Module Manufacturer
& Solar Power Developer’ (Government of India)
amongst others
Mounting Civil & Electrical
Solar Modules Inverters
Structure Works
TOP RATED ROOFTOP INTEGRATOR
BY GOVERNMENT AS WELL AS 3RD PARTY RATING AGENCY
50 + MW IN ROOFTOP
INSTALLATIONS…AND COUNTING …..
Project Capacity (kW) Project Capacity (kW)
Reliance Metro, Mumbai 2400 Bonetti Waaree (I) Pvt. Ltd., Valsad 100
MSL, Sukeli, Maharashtra 2000 Surat Municipal Corporation 100
SRG Apparels Pvt. Ltd,Tirupur 1000 Municipal Corporation of Kota 100
SSIPL Retail Ltd. 1000 Platina Building, BKC, Mumbai 100
Reliance Industries, RCP, Ghansoli 600 Autocon, Bhavnagar (Gujarat) 60
Surat Municipal Corporation 540 CPWD, Jaipur 50
Rajasthan Agriculture Marketing Board, Jaipur 310 Deen Bandhu University (DCRUST), Sonepat 50
Madhya Pradesh Urja Vikas Nigam Ltd. Central Electronics Limited (CEL), Sahibabad
(MPUVNL), 305 (UP) 42.4
Punjab Energy Development Agency 245 LS Raheja, Mumbai 35
Grauer and Weil India Ltd., Mumbai 213 H.P Govt. Development Agency 32
Reliance Retail, Various Locations 200 UREDA, Pithoragarh 25
Skill Precision Balls Pvt Ltd, Rajkot 200 UREDA, Bhimtal 25
Grauer and Weil India Ltd. 186 L&T- MHI Turbine generators Pvt. Ltd, Hazira 22
Jharkhand Renewable Energy Development
Agency 143 UREDA, Chamoli 20
Haryana Renewable Energy Department
VVP Engineering College, Rajkot 100 Agency 20
Ahmedabad Municipal Corporation 15
IPP EXPERIENCE
SIZABLE PORTFOLIO AS INDEPENDENT
POWER PRODUCER
• Bid for and won prestigious central policy PPA’s in
Consortium with a Mini-ratna PSU from the thermal
power sector
• Developed projects in two clusters – Madhya Pradesh
and Andhra Pradesh
Subsidiary of Waaree for IPP Business
Currently holding 100 MW Portfolio with:
• 50 MW at Ichhawar, Madhya Pradesh (Operational:
Jun’2015)
• 25 MW at Gurramkonda, Andhra Pradesh
(Operational: Sep’2016)
• 25 MW at Nagari, Andhra Pradesh (Under
Construction)
SNAPSHOTS OF ICHHAWAR PROJECT
PV Modules Installed (Angle 1) PV Modules Installed (Angle 2)
Main Entrance 132 KV Ichhawar Substation
SNAPSHOTS OF GORRUMKONDA PROJECT
PV Modules 132 KV Switchyard
SCADA String Inverter
SOLAR WATER PUMP
WAAREE SOLAR PUMP SYSTEM
• No electricity
• No dependency on any other fuel or conventional sources
• Use solar & get reliable water supply
Applications Salient Features & Benefits
• Agriculture • Easy & low maintenance
a) Sprinkle Irrigation • High life expectancy
b) Drip Irrigation • Central & state govt. subsidies
c) Mass Irrigation • Under & over voltage
• Livestock Watering • protection
• Swimming Pools & Resorts • Versatile applications
• Drinking Water Supply • Reverse polarity & dry run protection
a) Townships Start working from early in morning to late
b) High-rise Buildings evening
c) Row Houses
WAAREE RANGE OF OFFERINGS
Head (Meters) Discharge (Liters per day) Hp Rating
Borewell Submersible Pump (Helical Type) 5 – 350 2700 – 4000 0.5 Hp to 5 Hp
Borewell Submersible Pump (Centrifugal 5 – 200 2500 – 750000 0.25 Hp to 30 Hp
Type)
Openwell Submersible Pump 8 – 40 35000 – 60000 0.5 Hp to 10 Hp
Surface Pump (Monoblock) 10 – 150 500 – 1200000 0.5 Hp to 30 Hp
Swimming Pool Pump 16 – 120 1300 – 30000 0.2 Hp to 2 Hp
Borewell Submersible Pump Openwell Submersible Pump Surface Pump
* Pumps are available in AC and Dc version
WAAREE SOLAR INVERTERS
Inverter Series : Single Phase
Range of 1-5 kW
That Delivers
• Maximum Efficiency up to 98.3%
• MPPT efficiency up to 99.9% Built
–in Wi-Fi & DC Switch
• IPSS dust-proof and water proof
• Multiple monitoring &
communication
• Super large 5-inch LCD Fanless
low –noise design
• Very compact design, lighter than
similar product
• Easy to install
1-3 kW 1-5 kW
WAAREE SOLAR INVERTERS
Inverter Series : Three Phase
Range 4 -75 kW
That Delivers
• Idea design for Rooftop Services /
Utility 480 V ac Output
• Peak Efficiency up to 98.8%
• 4 MPPT / up to 13 Inputs
• Low Self – Power, Low Maintenance
• String – level Monitoring , Large
LCD Display
• IP 65 for outdoor use
• Built –in DC Switch and Wi-Fi
• Multiple layer Safety protection
SOLAR PRODUCTS
WAAREE SOLAR PRODUCTS
Solar Street Light
• Wide range of all in one solar street light with Li-ion and LifePo4
batteries from 5W to 60W LED.
• Customised solution also available.
Solar Garden Light
Integrated All in one solar garden lights.
Solar Home Lighting system
• Portable Solar Home lighting system with inbuilt Li-ion battery
• Mobile Charging, Inbuilt torch and Task Lamp
• 3W LED Bulbs, FM Radio
• Charging by Solar and AC mains Electricity
Solar Lantern
LED Solar Lantern, Dimmable LED Lamp, USB Port for Mobile Charging ,
360 Deg. Rotating angle, charging by solar and AC mains Electricity
PRONTO - DO IT YOURSELF KIT (1KW - 5KW)
Features
• Quick Installation - 1KW can be installed in 30 min.
• Qualified material, suitable for tender and Gov. projects.
• Reduced purchase time.
• Least man power requirement - only 2 people required
• Optimum design for maximum power generation
• Waaree’s latest easy to install solar module mounting structure.
Limited to 3 components per structure set.
• No penetration on the surface for structure installation
• Inverter with latest MPPT technology with remote monitoring
FRANCHISEE / RETAILS
FRANCHISEE NETWORK
200+ Franchisees Across India
• Opportunity to associate with strong solar brand
and only organized player in solar franchisee
• Latest technology & Quality products
• Large range of product mix- Single stop solar
solutions under one roof
• Competitive price and better margins
• Strong pre & post sales and marketing support
• Training from expert technical and sales
professionals to the franchisee's team
WHY WAAREE
KEY STRENGTHS IN SOLAR
Customer Connect Market Acceptance: Network: Strong and Innovation:
: Strong Customer Proven name and proven network with Consistent
Base of Respected quality at competitive all introduction of new
Industrial rates in national and stakeholders/authoriti technologies and
Houses/Companies international markets es with more than a innovative products &
decade of experience solutions
In-house Team: Quality Certification: On-Ground Track
Experienced & strong All required Record: Large
team with proven approvals and installations with long
performance in solar certifications for and proven on-
modules ground performance
OUR PLANS…
• Additional Capacities:
Structures -
– Modules Capacity: To increase to 1.8 GW/year PV Value Chain: Modules Tracker/Floating: Partner
– Structure Capacity: 200 Tons per Day to Wafers Manufacturing with SB Solar and 4C
Solar
• New Manufacturing Lines:
– Cell Manufacturing: 500 MW/year
– Wafers Manufacturing: 500
MW/year Storage & Batteries:
Module technologies: Continued Innovation
Merlin, Nishati, OneSun and Partnership
• Sales Network
– Channel Partner Network in India and other emerging
markets
• Projects as IPP’s
– Up to 5 MW IPP for upto 5 MW’s – Sales Network: Leverage
Government and Partner network for all
Private PPA’s businesses
Address Phone Email & Website
602, Western Edge-I, Off. Western +91-22-6644 4444 waaree@waaree.com
Express Highway, Borivali (E), 1800 2121 321 www.waaree.com
Mumbai 400066, Maharashtra, India
Thank You !
