Collaborate with EU Solar Street Lighting Company on OPEX Model

Project Summary

European renewable energy company with a strong focus on developing state-of-the-art solar lighting projects across the globe is looking to enter the Indian market and partner with an industry leader to undertake projects & to install high quality solar street lightings in India.

The Company specializes in undertaking greenfield development projects driving the entire value chain - from early development to installation, commissioning and operation and maintenance. It also structures all or part of the required equity and dept financing to realise a project depending upon the requirements of individual projects. The Company has installed the solar streetlights in Middle East, Africa and across Europe.

Technology Overview

The technology is designed for 10+ years operation in the challenging environments. It securely integrates the electronics and houses the batteries in the foundation to minimize vandalism threats.

Key Highlights:

1. LED – Industry leading efficiency. Natural white light and more than 100.000 operating hours.
2. Optional monitoring built-in
3. Solar Panels are made of prismatic glass for optimized energy harvesting from vertical axis and the nano coating prevents soiling.
4. Uses latest lithium iron phosphate (LFP) battery cells with Zero Cobalt
5. Low Total Cost of Ownership (TCO)

Transaction

The Company is interested to enter the Indian market and are willing to collaborate with an Indian entity to undertake government projects to supply and install high quality European designed solar streetlights across the country. The company offers financing options for the execution of project. The company is ready for any of the following arrangements:

• Joint Venture – European company would form a JV with a suitable Indian company and bid for the government projects together. EU company would share the technical know-how and the components could be manufactured, installed and commissioned in India.

• Distribution – European Company is also open to get into a distribution arrangement wherein they can supply all the components to an Indian Company who can assemble the same in country.

The project is also available on CAPEX & OPEX model. Under OPEX model, the European company is will undertake the development and installation of solar street lightings and charge on OPEX basis. For CAPEX model, low cost financing is available from European channels.