Aoil floating solar power plant ppt 2015

Aoil floating solar power plant ppt 2015

1. FLOATING SOLAR POWER PLANT
BY
ABHAYOCEAN INDIA PVT LTD
PREPARED BY
PROF. V. BHOSALE

2. Why Floating PV?
Everincreasingpowerdemand&depletionoffossil
fuels.
Leadstoshiftourfocustorenewableenergysources.
Wind&HydroREsourcesareareaspecific.
PVcanbeinstalledatanyplace.
MajorissueofSolarPVisrequirementofland.
Butfloatingsolarcanbeinstalledonanywater
bodies.
FloatingsolarPVresultsindecreaseincostandwill
increaseamountofgenerationduetocoolingeffectof
water.

3. CONCEPT
FloatingSolarPowerisinnovativeconceptinenergy
technologytomeettheneedsofourtime.
Fig: PV floating plant outline

4. Components of Floating PV
FloatingSystem:Afloatingbody(Structure+
Floater)thatallowsinstallationofPVmodule.
MooringSystem:Thisallowstoadjustwaterlevel
fluctuationswhilemaintainingitsposition.
PVSystem:PVGenerationequipment,similarto
electricjunctionboxes,thatareinstalledontopof
floatingsystem.
UnderwaterCable:Totransfergeneratedpowerto
substation.

5. K-water 100 kW
K-waterinstalled100kWfloatingPVonthewater
surfaceofHapcheonwaterreservoirin2011.

6. K-water 500 k W
Aftersuccessfulinstallationof100kWsystemK-
waterinstalled500kWPVsystemonanotherlocation
atsamedam.

7. Performance Analysis
100kWPVatHapcheonisforming33degreetilt&
itsinstalledcapacityis99.36kW,composedof414
240W modules

8. Performance Analysis
DataiscollectedfromJan2012toDec2012.
Monthlyaveragegeneratedquantity10,852kWh
Fig:PerformanceAnalysisgraph

9. Performance Analysis
500kWPVsystemforming33degreetilt,installed
capacity496.8kWcomposedof2070240modules.
MonthlygeneratedAvg.quantityformOct.2012to
Mar.2013was55208kWh.

10. Comparison Floating PV & Overland PV
Floatingsolarpanels(Blue)having10.3%more
efficientthanoverlandsystem.

Fig.:ComparisonGraph

11. Stability of floating sturcture
GraphFloatingPVstabilityagainstwinds.

12. STATE WISE INSTALLED CAPACITY
Everincreasingpowerdemand&depletionoffossil
fuels.
Leadstoshiftourfocustorenewableenergysources.
Wind&HydroREsourcesareareaspecific.
PVcanbeinstalledatanyplace.
MajorissueofSolarPVisrequirementofland.
Butfloatingsolarcanbeinstalledonanywater
bodies.
FloatingsolarPVresultsindecreaseincostandwill
increaseamountofgenerationduetocoolingeffectof
water.

13. GOVT. OF INDIA INITIATIVES
Policy & Regulatory framework
ELECTRICITYACT2003:Mosttransformational&dynamicacttill
dateincludeslaidguidelinesforRenewableenergy.
SECTION61(h):Whilespecifyingtermsandconditionfortariff
determinationthecommissionshallconsiderthepromotionof
generationfromrenewableenergysources.
SECTION86(1)(e):Statecommissionshallpromotegenerationof
Electricityfromrenewableenergysources.Itshallbedonebyproviding
gridconnectivity&saleofElectricitytoanyone.
NATIONALELECTRICITYPOLICY2005:
SECTION6.4:Thissectionstatesthatinpresentstagenon
conventionalandconventionalenergycannotcompeteatsamesimilar
tariffandhencepowershallbeprocuredfromnon-conventionalsources
atpreferentialtariffasdeterminedbyappropriatecommission.

14. GOVT. OF INDIA INITIATIVES
Policy & Regulatory framework
AmendmentofNationaltariffpolicyforSolar
specificRPO’s.
SolarspecificRPO’s–025%in2013to3%by2022.
RECmechanism.
Encouragestatespecificsolarpolicies.
StatewiseRPOordersbyRegulators.
ExemptionforEnvironmentalclearanceforSolar
PowerProjects.

15. Jawaharlal Nehru National Solar Mission (JNNSM)
LaunchedbyGovt.ofIndiainJanuary2011.
Oneofthemajorinitiativeatgloballevelin
promotionofSolarenergytechnologies.
Missionaimstoachievegridtariffparityby2022.
Largescaleutilization,rapiddiffusionand
deploymentatascalewhichleadstocostreduction.
R&DpilotprojectsandTechnologyDemonstration.

16. JNNSM Batch I Bidding Result Summary
Averagetariffforselectedprojectswas1216
paisa/kWhwhichwas32%lowerthanCERCapproved
benchmarktariff1791paisa/kWh.
InaBatchIatotalof204MWcapacitygrid
connectedsolarpower projectshavebeen
commissioned.

17. Maharashtra Model Solar Policy
Maharashtrahasreasonablyhighsolarinsolation4-5
kWh/sq.meterwith280-300clearsunnydays.
EasternMaharashtraconsideredtobemostsuitable
regionforsolarpowerprojects
OBJECTIVE
Togenerate1000MWofSolarenergyby2016.
Toachievegridparityby2016.
PromotionofR&Dandfacilitationoftechnology
transfer.
Promotionoflocalmanufacturingfacilities.

18. Maharashtra Model Solar Policy
FinancialoutlayofSubsidyScheme

19. Maharashtra Model Solar Policy
Subsidyundereachprojectwillbedistributedinto
threeinstallmentsbystategovernment.

20. Maharashtra Model Solar Policy
Criteria to avail benefits under the policy
Projectdevelopershouldnotprocureany
incentives/subsidyfromcentralgovernment.
PPA’sshouldbesingedwithMAHADISCOM.
CapacityUtilizationFactorofSolarPVshouldbe
morethan19%forinitialtwoyearsofinstallation.
Anauditeddetailedreportandenergygeneration
reportshouldbesubmittedtoMEDA.

21. Financial Modeling of Solar PV
CapitalCost:NormativeCapitalcostINR700Lakhs/MWfor
2014-15asperMERC.
AnnualEnergyYield:Therearenumberoffactors(e.g.Air
pollution,Shading,Soiling,Ambienttemperature,Downtime
etc.)WhichaffectannualyieldofSolarPV.
For1MWp Plantannualyieldwouldaveragedaround1.4
millionkWhunits.Yieldpredictionareassumedfornext25
years.
CertifiedEmissionReductions:AsIndiaisnonAnnex1party
underUNCleanDevelopmentMechanism(CDM)qualifying
solarprojectscouldgenerateCertifiedEmission
Reductions(CERs)

22. Energy Price :
Solar PV Plant under REC mechanism can earn its revenue from selling grey.
In the financial model it is assumed that grey component of energy sold to
State discomat MSEDCL.
Operation and Maintenance cost: One of the major benefit of Solar PV plant is
less O & M cost as compared to other renewable energy technologies.
Financing Assumptions: General financial assumptions for a project in India
as follows
Financial Structure: Equity 30 % and debt 70 % as assumed in MERC tariff
order.
Debt repayment is taken over as 10 years. Interest rate on term loan and work
capital is taken as 12.87% and 13.37% respectively.

23. Floating solar PV Indian Context
GreatpotentialforfloatingPV.
Availabilityofwaterbodiesandlandissuesaremain
acceleratorsforfloatingPVsolarPanels.
IncreasedefficiencyofFloatingPVoverLandPV
installedwillattractmoreinvestmentduetobetter
returns.
AvailabilityoftrainedmanpowerandGovt.Policies
havebooststheconfidenceofinvestors.
StablefloatingPVplatformsresultsinminimum
operation&maintenancecost.

24. Thank You.
For Any Query Please Contact :
CAPT. JAGDISH KHOKHAR
Cell: [phone]
E-mail: [email protected]
www.abhay-ocean.com