Renewable Energy Equipment Business Investment Opportunities

- New Delhi based company that produces & distributes solar products, electric vehicle chargers & LED Lighting. - Major clients are petroleum companies like Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL), district and state agencies under the Union Ministry of New and Renewable Energy (MNRE). - Company is an OEM manufacturer of UV disinfectants and solar products for the Indian embassies of the Federal Republic of Germany. - Our clients have a 90 day payment period. - We acquire work through tenders and contracts. - 55% of our revenue comes from the sale of our solar products. - We have not had a drop in our monthly revenue, our reported sales figure includes sales of INR 8.74 crore and other income of INR 0.56 crore. - The promoter has more than 3 decades of experience in the field of electronics manufacturing.

An increase in the levelized cost of energy (LCoE) due to the depletion in solar tariffs world-over has created some sense of fear in the minds of solar power developers. For making it commercially competitive, the only way forward is to maximise yields and improve their IRR. The only way forward for higher yield is to use solar PV tracking technology to harness the sun to its full potential. The existing tracking systems are single-axis tracker (SAT) and dual-axis tracker (DAT), unfortunately, both are not too effective. The SAT has shortcomings in design and the DAT is too expensive to be economically viable. Critically analysing the market demand, we have innovated a new & enhanced solar tracking technology which disrupts the existing single-axis tracker and is called the “2-Axis Tracker”. It overcomes the inherent design disadvantage of the single axis, thereby offering a near dual-axis tracker performance, at the cost equivalent to a single-axis tracker. Key features of our innovation are: - Rotates solar modules in two different directions, unlike the SAT. - The angle of incidence of the sun's irradiation on the module is always close to perpendicular at all times and in all seasons of the year, whereas the angle of incidence in a single-axis tracker is effective only during the summers. - The performance recorded is 2x to 3x over SAT at any location on the globe. This results in a tremendous improvement in the project IRR. - 2-Axis Tracker has an ideal design advantage for bifacial solar modules. - 2-Axis Tracker is so versatile, that the same can be converted to a horizontal & tilted single-axis tracker by deactivating N-S movement. - Innovation is the next-generation technology, which replaces and overcomes existing SAT technology. - The design is jointly developed with IIT - Delhi and incubated in their premise. According to Fortune Business Insights, the global solar tracker market size was USD 9.30 billion in 2022 and is projected to reach USD 22.33 billion in the next 6 years, growing at a CAGR of 20.78%. - Between the next three years, global annual solar installations will average 135 gigawatts. - Meanwhile, the global tracker market will see a 45 per cent increase in installations from 2020- 2025. - The promoter of the company has 8 years of rich experience in the solar industry with various verticals in the same domain. - Granted patents for India, USA & Canada. Pending for 30+ countries in EU & UK. - Executed 6 MW in a 2-axis tracker and prospect base of over 150 MW.

- We are a solar power project installer and operator that works on an OPEX and CAPEX model. - In CAPEX model the investment comes from the client and the assets are handed over to them. - In an OPEX model we find investment and setup the project and sell the electricity to the client according to power purchase agreement (PPA). - The average length of our PPAs are for approximately 25 years. - We used to be sub vendors for another company but are focusing on being direct vendors for the client now. - Have completed numerous projects with corporate clients for over 5MW. Have a 1.5 MW project in hand and are looking for funding for the same. - Currently, our projects are on hold due to the pandemic. - Promoter has been working in the field of solar EPC since 2015. - The firm owns an office of 300 Sq Ft.

- Our primary activities include providing solutions to power outage. To keep the power on when the power goes out or to provide power when none is available, we use a range of models that include 100 percent renewable hybrid wind, solar, and battery storage devices. - We serve 5-10 clients on a monthly basis and all our sales are directed to commercial customers via our in house sales personnel. - Our clients include navy, air force, city & state parks and schools. - We outsource most of our manufacturing activities. - Won "Most Innovative Product" award for our EnergiPlant. - We were growing through 2019 when things stopped for Covid-19. This is the reason for the downfall of our sales in the last few months.

- Company based in Gurgaon and is into manufacturing of solar products. - Have 4-5 vendors from whom we procure raw materials. - We produce 2,500-3,000 units per month. - We sell our products in India & Middle East market through more than 100 distributors. - Our physical assets include machinery, raw material, and stock. - Other assets are website, domain and a list of distributors and vendors. - Promoters have more than 15 years of industrial experience.

- We manufacture a special kind of roof mounted natural ventilators. - Our products are unique has its own trademark and patents for Middle East and USA. - Have a manufacturing unit located in Dubai, that has a capacity to produce 1,000 units per year. - The ventilators are sold to petro-gas and heavy industry companies. - Sold about 150 units last year. - The companies we sell to include UAE, Oman and Saudi Arabia, with companies in Oman being our largest buyers.

- First in India to develop online UPS for solar power. - The company aims to appoint 500 distributors in 500 districts of India by 2025 (electrical retail products) 5 in place right now. - Export orders were received from 5 different countries. - More than 10,000 installations to date. - Company has an in-house R&D and project team who works from the company-owned factory. - Business is profitable for the last 5 years of operations. - The company aims to cross USD 100 million market size by 2025 and will do IPO at that stage.