Waaree Group Company Profile Brochure

Waaree Energies Ltd. www.waaree.com Corporate Profile Sun Power ForeverTM www.waaree.com Solar Energy Solutions Industrial Valves & Level Gauges Petroleum & Gas Equipment Industrial Products Waaree Group Group - Business Interests www.waaree.com Group Companies Waaree, offers a large range of Industrial Products and Process control instruments. These products are available to customers through wide chain of Retail Outlets and Online sales Waaree Energies Ltd. is one of India’s most diversified & fastest growing solar power solution company having its 250 MW PV module manufacturing plant in Surat, India Cesare Bonetti SpA, Italy, a world leader in the manufacture of Level Gauges and Valves, with an existence which dates back to 1905. Waaree MM Petro is an Indian Joint Venture between the Waaree Group and a European LPG System - MM Petro Sp zoo from Poland. www.waaree.com Waaree Group - 24 years of excellence Waaree Energies ? 700 + People ? Operating in 10 Countries ? Module Manufacturing ? EPC Power Project Installation ? Rooftop Systems ? Solar Thermal ? Solar Water Pumps ? Solar Power Generation Waaree Group ? Established in 1989 ? Presence in 68 Countries ? Industrial Valves & Level Gauges ? Petrol & Gas Equipment ? Industrial Products ? Solar Energy www.waaree.com The core values of our organization are those values that underlie our work & strategies we employ to fulfill our vision & mission. By virtue of our commitment to our stakeholders, we strive for continuous improvement in the quality of our products & services. Business Values www.waaree.com Waaree Energies - Augmentation CAGR @ 163% CAGR -The year over year growth rate applied to an investment or other part of a company's activities over a multiple-year period 700+ Employees www.waaree.com Company Profile ? Established in the year 2007 ? Revenue growth from 279 million in 2010 to 3100 million in 2013 ? CAGR @ 163% ? 250 MW Manufacturing Plant ? ISO 9001:2008 & ISO 14001 certified Technology ? Using proven European / Asian superior Technology with leading Solar Photovoltaic Equipment providers from Europe & Taiwan Products & Services ? Designs and manufacture of PV Solar Modules ? EPC Turnkey Solutions ? Rooftop Systems ? Solar Thermal Solutions ? Solar Water Pumps ? Solar Gadgets Global Presence ? USA ? Australia ? Middle East ? Dubai ? Qatar ? Oman ? Asia ? India ? Bangladesh ? Nepal ? Europe ? Italy ? Spain Waaree Energies www.waaree.com Extensive Pan India Presence 100 + Channel Partners www.waaree.com Significant Global Presence www.waaree.com Technology • Manufacturing capacity of 250MW by July 2013 • High Efficiency Cells by proven European & Asian technology such as Gintech - Motech • Modules in the Power class of 3 wp to 300 wp with 240wp family for 60 cells Modules and 280wp family for 72 cells. • Current module efficiency around & excess of 16% • Producing Poly Crystalline as well as mono-crystalline modules • Manufacturing process follows the best International Industry Standards and Practices www.waaree.com Research & Development Our R&D facilities for improving efficiencies and product & process innovations . We also have tied up with eminent institutes like: ? Indian Institute of Technology ? Southern University of Australia www.waaree.com Strategic Alliance Strategic Partnership – EPC • Tie-up with SOLIDA, Spain for providing complete TURNKEY solutions • “Till date SOLIDA team has connected more than 4900 MW of renewable energy power plants across the world. Strategic Partnership – EPC • Tie-up with VT Energy , Italy for various EPC projects/Tenders of Solar PV Plants. VT Energy is a renewable energy company, a division of VT Telematica, a leader in the ICT market. www.waaree.com Manufacturing Infrastructure www.waaree.com Engineering Team Infrastructure www.waaree.com Waaree Group – Awards & Recognitions Winner of ET Leaders of Tomorrow 2012 – Electrical & Electronics Category Mr. Kirit Doshi receiving an award from Ex-President Smt. Pratibha Patil Mr. Viren Doshi receiving an award from Shri Anand Sharma Mr. Kirit Doshi receiving an award from Shri. Kamal Nath www.waaree.com Certifications National & International Accredited Certifications www.waaree.com Waaree Energies – Business Verticals On Grid Off Grid www.waaree.com EPC Solutions & Services www.waaree.com Waaree EPC Services ngineering rocurement E P onstruction C ? Project Design ? Electrical Design ? Structural & Civil Design ? Evacuation Design ? Monitoring Design ? Project management ? PV Modules & Inverters ? Other BOS ? Land Development ? Civil for structure ? Civil for Control Room ? Evacuation of Power ? Utility Pre- Project Engineering & Land Acquisition Detailed Engineering Project Management Installation & Commissioning Operation & Maintenance www.waaree.com 250 MW Manufacturing Plant Engineering Expertise Quality Benchmark Maximal Profitability IRR Swift Project Execution Waaree EPC Proficiencies www.waaree.com 100 + MW Project Experience Global Exposure Strategic alliances www.waaree.com Record Time Project Commissioning Credentials Why Work with Us? Speed of Execution Leading corporate conglomerate minimizing the risk associated with any size of project. Robust Background In-house manufacturing of PV modules enabling optimal costing, quality and delivery In House Facilities Industry-leading innovations in system design and construction to optimize energy production and system reliability Value Engineering A solar energy powerhouse, backed by portfolio of some of the most significant solar energy projects. Proven Experience www.waaree.com MW – EPC Projects Sr. No Capacity MwP Company Name Project Location Project Status 1 11.2 Mono Steel Una, Gujarat Commissioned 2 6 Green Tech Kolayat, Rajasthan Commissioned 3 5 .75 Friends Group Susner, Madhya Pradesh Commissioned 4 5.75 Sai Baba Sugar Latur, Maharashtra Commissioned 5 5 Avatar Solar Patan, Gujarat Commissioned 6 5 Taxus Infrastructure Kutch, Gujarat Commissioned 7 3.25 Abellon Energy Modasa, Gujarat Commissioned 8 1 Rays Power Pokran, Rajasthan Commissioned 9 2 Claris Life Sciences Modasa, Gujarat Commissioned 10 5.75 Bhadresh Trading Susner, Madhya Pradesh Ongoing 11 27.5 Roha Group Rajasthan Solar Park Ongoing 12 2 Vaibhav Solar Ahmednagar, Maharashtra Ongoing 13 1.5 Haldirams Nagpur, Maharashtra Ongoing 14 1 SRG Apparels Tirupur, Tamil Nadu Ongoing 15 5 Ajmera Group Ichhapur, Madhya Pradesh Ongoing 16 1 Nevaj Rajgarh, Madhya Pradesh Ongoing 17 5 3D Energy Ahmednagar, Maharashtra Ongoing 18 1.1 Neel Properties Madhya Pradesh Ongoing 19 6 Friends 2 Susner, Madya Pradesh Ongoing www.waaree.com MW - EPC Project Details Sr. No Client Size MWp Location PV Modules Start Date End Date Power Gen. Yearly 1 Mono Steel India 10 MW Unna, Gujarat Poly Crystalline, 280Wp Waaree 15/8/11 25/1/12 17436 Mwh* 2 Green Tech 5 MW Kolayat, Rajasthan Poly Crystalline, 280Wp Waaree 10/12/11 28/2/12 8412 Mwh * 3 Abellon Energy 3 MW Modasa, Gujarat Poly Crystalline, 230 Wp 280Wp Waaree 22/11/11 28/1/12 4800 Mwh * 4 Rays Power 1 MW Pokran, Rajasthan Poly Crystalline, 230Wp Waaree 15/9/11 13/2/12 1281 Mwh 5 Claris Life Sciences 2 MW Modasa, Gujurat Poly Crystalline, 280Wp Waaree 23/11/12 27/12/12 3072 Mwh** 6 Shree Sai Baba Green Power 5 MW Latur, Maharashtra Thin Film, 100 Wp, 140 Wp, 145 Wp, Nexpower 10/9/12 30/1/13 9360 Mwh** 7 Avatar Solar 5 MW Patan, Gujarat Poly Crystalline, 280Wp Waaree 23/10/12 31/3/13 7690 Mwh** 8 Taxus Infrastructure 5 MW Kutch, Gujarat Thin Film, 95 Wp, Sungen 5/1/13 31/3/13 7500 Mwh** 9 Friends Group 5 MW Susner,MP Poly Crystalline, 280Wp Waaree 2/1/13 31/3/13 8900 Mwh** *Based on 10 months actual generation figures **Based on Projected Figures www.waaree.com Commissioned Projects Client Mono Steel India Ltd. Place Gujarat, India Size 10 MW www.waaree.com Client Green Tech Place Rajasthan, India Size 5 MW Commissioned Projects www.waaree.com Client Abellon Place Modassa , India Size 3 MW Commissioned Projects www.waaree.com Client Friends Group Place Susner, India Size 5 MW On Grid Client Sai Baba Sugar Place Latur, India Size 5 MW On Grid Commissioned Projects www.waaree.com Off Grid / KW Roof Top Solutions www.waaree.com ? Rising cost of Electricity makes it the best time to invest in Waaree Kw Systems ? Be an Independent power producer, not only does a system pay itself in 3 years off via Subsidies and lower, or, No electricity bills; ? Investment in Rooftop Systems further attracts Tax Benefits ? A standard kW system installation, is Affordable for almost anyone to get started on a Greener, Cleaner and Cheaper way forward ? Installing a Rooftop KW system will instantly add to the value to your business or home ? Your most Profitable investment ever Investing in a Rooftop System www.waaree.com In-house manufacturing of PV modules ensure budget solutions, with top end quality Waaree Rooftop Systems Advantage Economical We offer customized modular design to meet all topography & engineering requirements of each project Modular Design Our systems are designed by extensive computer simulations and testing to yield maximum power generation High Power Yield Waaree has been empanelled as a channel partner for Central & State Renewable Agencies like MNRE, ANERT to avail special subsidies & implementation of off grid projects Renewable Partner From Conceptualizing to Commissioning and the Best after sales service Complete Solution www.waaree.com KW Rooftop Projects Sr. No. Capacity (KWp) Client Project Location Status 1 100 Surat Municipal Corporation Gujarat Commissioned 2 100 VVP Engineering College Rajkot Commissioned 3 305 Urja Vikas Ltd. Hazira Commissioned 4 100 Bonetti Vapi Commissioned 5 310 Rajasthan State Agriculture Rajasthan Commissioned 6 20 L&T Hazira Commissioned 7 44.8 BPCL Kota Commissioned 8 25 UREDA Uttaranchal Commissioned 9 16.8 Chembond Chemical Mhape Commissioned 10 3 Crompton greaves Ahmednagar Commissioned 11 15 Ahmedabad Municipality Corp. Usmanpura Commissioned 12 50 CPWD Jaipur Commissioned 13 42.4 Central Electronics Ltd Delhi Commissioned www.waaree.com Client Surat Municipality Corp. Place Gujarat Size 100 KW On Grid Client VVP Engineering College Place Rajkot, India Size 100 KW Off Grid Commissioned Projects www.waaree.com Client Urja Vikas Bhavan Place Uttrakhand, India Size 25 Kw w/ battery backup Commissioned Projects www.waaree.com Client UREDA Place Uttrakhand, India Size 25 Kw w/ Battery backup Client Chembond Chemicals Pvt. Ltd Place Rajkot, India Size 16.8KW On Grid Commissioned Projects www.waaree.com Commissioned Projects Client L&T Place Surat, India Size 20 KW On Grid Client BPCL Place Rajkot, India Size 44.8 KW w/ Battery Backup www.waaree.com MAP Modules & Products www.waaree.com POLY/MONO - CRYSTALLINE SOLAR PV MODULES Features ? High conversion efficiency based on leading innovative photovoltaic technologies ? High reliability with guaranteed 0~+4.99 Wp power output tolerance, ensuring ROI ? Withstands high wind-pressure and snow load (passed 5400Pa mechanical loading test), and extreme temperature variations ? Optimal output over decades, with very good low light response PV Modules www.waaree.com PV Modules - The Latest Offerings WS 300 Series POLY-CRYSTALLINE SOLAR PV MODULE WS Colored Series Photovoltaic modules with colored cells & vibrant designs WS Flexible Series PV modules can be used on any curved or hard wearing surfaces WS BIPV Module Replacing conventional building materials such as roof, skylights, or facades www.waaree.com Waaree Modules International Installations Sr. No Capacity Company Project Location Year 1 5 MP Sacchi Giuseppe SPA Italy 2011 2 2MWp Fliegl Energie Germany 2010 3 1.3 MP Feliciony Energy Italy 2010 4 740 KWp Sidernet SPA Italy 2010 5 500 KWp ECOJOULE S.R.L. Italy 2010 6 507 KWp Ferla Energy Srl Italy 2010 7 500 KWp V.T Telematica S.P.A. Italy 2010 8 200 KWp Triptis Germany 2010 9 156.4 KWp San Martino Italy 2011 10 101.2 KWp Mazza Quinto Italy 2010 11 550 KWp Gookir Global Turkey 2010 12 138.6 KWp Divko, S.R.O Spain 2010 13 180 KWp Nessel Groove United Kingdom 2011 14 165 KWp Energy Investment Malta 2010 www.waaree.com Client Sacchi Giuseppe Place Italy Size 5 MW On Grid Client Feliciony Energy Place Italy Size 1.3 MW On Grid Waaree Modules Installations www.waaree.com Waaree Modules Installations Client Sidernet Place Italy Size 740 KW On Grid Client Ecojoule Place Italy Size 500 KW On Grid www.waaree.com Client Divko Place Spain Size 138.6 KW On Grid Client San Martino Place Italy Size 156.4 KW On Grid Waaree Modules Installations www.waaree.com Client San Martino Place Strada, Italy Size 156.4 KW On Grid Client Mahindra Place Bangalore ,India Size 35 KW BIPV Modules Waaree Modules Installations www.waaree.com SUNBLESS Series Plug & Play Power Solutions Fulfils Power Requirement for conventional applications ( Light, Fan, TV, Refrigerator) Hybrid System (Works on Solar & AC Mains) Built in Battery Bank & Inverter Available Series from 300 W to 3000 W Easy Installation, Operation, Minimal Maintenance www.waaree.com Lighting Systems Apollo Series Solar Street Lights LED & CFL Technologies from 9Wp to 80Wp Solar Lanterns – CFL Models 5W to 7W LED Models – 2.5 to 3.6 Wp Home Lighting Systems CFL & LED Models – 18Wp to 74 Wp www.waaree.com Street Lighting Projects Client Dwarka & Paddhari Railway Place India Size 10-30 Wp Solar Street Lights Client Dusseldorf Street Light Project Place Germany Size 20 Wp Solar Street Lights www.waaree.com Solar Essentials Portable Kit Eco Diva Task Light Mobile Charger Camping Light Motion Sensor Light Solar Bag Pack Radio with inbuilt torch/siren www.waaree.com Solar Water Pumps www.waaree.com Applications & Features Agriculture Sprinkle Irrigation Drip Irrigation Mass Irrigation Swimming Pools & Resorts Water Supply Townships High-rise Buildings Row Houses Easy & low maintenance Central & State subsidies Reverse polarity & dry run protection Long lasting solution www.waaree.com Solar Pumps – Diesel Pump Replacement Solar Water Pump Diesel Pumps One time Investment Continuous investment in diesel & operations No Inflation burden Rise in diesel prices an ongoing burden Zero Running Costs Huge Running Costs Low Maintenance Very High Maintenance Costs Independent operation Continuous Manpower Requirement Government Subsidies on Solar Pumps No subsidy on pumps Zero Noise & Environment Friendly Noise & Environment Pollution Long Product Life Short life expectancy www.waaree.com Solar Water Pumps Range Bore well Submersible Pump (Helical) Discharge – 2700 to 4000 LPD Bore well Submersible Pump (Centrifugal) Discharge – 2500 to 75000 LPD Open well Submersible Pumps Discharge – 35000 to 60000 LPD Surface Pump (Monoblock) Discharge – 500 to 120000 LPD Swimming Pool Pump Discharge – 1300 to 30000 LPD www.waaree.com Client Alhodaidah Governorate Place Yemen, Middle East Size 2 Hp Solar Water Pump Client RHDS Place Rajasthan, India Nos. 1354 Solar Water Pumps Commissioned Projects 1354 Pumps www.waaree.com Client Kumar Brothers Place Bihar, India Size 4 Nos - 2 Hp Solar Water Pump Client Individual Farmer Place Tamil Nadu, India Nos 2Hp Solar Water Pump Commissioned Projects www.waaree.com Solar Thermal www.waaree.com Solar Hot Water Systems Top of the Line Engineering with high density PUF insulation for efficient heating Technology for today with specially designed collectors to harness sun energy Superior Quality, Low Maintenance, Best After Sales Service (1800-21-21-321) Quick Pay back period within 3 years of purchase www.waaree.com Water Heater Installations Client Nand Prabha Prasad Place Palitana, India Size 3500 LPD ETC Collector System Client Ajahar Temple Place Unna, Gujarat, India Size 1000 LPD ETC Collector System www.waaree.com Client Sheth Devchand Tedhi Place Junagadh, India Size 2000 LPD Flat Plate Collector System Water Heater Installations 4500+ feet installation Client Dhadha Bhavan Place Palitana, India Size 1000 LPD ETC Collector System www.waaree.com Testimonials www.waaree.com “Waaree WS 230 PV Modules met our expectations in terms of quality, performance & delivery. They provided my business with excellent quality, on time delivery & support” - Mr. Dusan Divko, CEO “Team Waaree, is a company synonymous with solar EPC. To manage each and every thing for 2 MW solar power plant within 35 days is not a joke as it requires meticulous planning, understanding of subject and requirements at site, we appreciate efforts of all involved from Waaree Group” - Mr. Sanjay Shah, VP-Technical “For the installation of 1300 K W roof top with WAAREE 230 Wp modules, your company has provided with excellent services as regards to the complete installation & technical support.” - Francesco Felicione, CEO “We have regular business with WAAREE ENERGIES PVT' LTD for solar panels since July 2009, during which company has provided us Excellent quality, On time Delivery and technical support. There are many manufacturers of solar panels all over lndia, in Gujarat and in other states but we have approved only WAAREE for solar panels taking in to consideration of all above factors.” – Vishnu Patel, Partner “We have procured & used Waaree Solar Photo Voltaic modules Ws 230 for our 500 Kw installation at BOGOGNO, the company has provided the same with excellent quality , in time delivery & technical support. These modules are performing satisfactorily since the date of commissioning” – Ecojoule SRI, CEO Client Speak www.waaree.com “I'd put my money on the sun and solar energy” “I hope we don't have to wait 'till oil and coal run out before we tackle that” Thomas Edison (1847 – 1931) Thank You