Publicly available solar information from the Indian government will guide development, attract investment, and accelerate the growth of solar energy.
3TIER India Private Ltd., a wholly owned subsidiary of Vaisala and the leading source for global renewable energy assessment and forecasting information, has been selected through a global tender for satellite data to create a Solar Atlas of India. The signed agreement is with the Centre for Wind Energy Technology (C-WET), an autonomous research and development institution that forms a part of the Indian Ministry of New and Renewable Energy (MNRE). Under the terms of agreement, 3TIER will work directly with C-WET to develop and disseminate critical investor-grade information that will enable India to meet its ambitious solar energy capacity targets.
C-WET is entrusted by the Indian government through a mission mode project to create and share commercially relevant weather resource information with prospective future financiers and the wider investor community. This ambition forms part of a wider strategy to ensure adequate solar radiation data is available to the domestic and international business community, with a particular emphasis on those that have already identified the Indian market to be of strong solar investment interest.
"The collaboration between 3TIER and C-WET will greatly help in evaluating and prioritizing required infrastructure, such as solar generation facilities, storage technology, and transmission lines - in essence, answering where and how to invest in order to harness India's considerable solar energy potential," said Dr. S. Gomathinayagam, Executive Director, C-WET. "The resulting nationwide solar study will help investors and market players clear the first hurdle in the process by filling a critical information gap."
Under the Jawaharlal Nehru National Solar Mission (JNNSM), India aims to reach 20 GW of grid tied solar power, 2 GW of off grid solar power, and 20 million square meters of solar thermal collector area by 2022. Meeting these targets will require long-term market certainty in order to attract the necessary inward investment of capital.
"Long-term certainty is not solely generated by strong, stable government policy," said Mr. Nikhilesh Singh, Managing Director of 3TIER India. "It also requires long-term certainty in the resource. Prospective developers and investors need information to quickly assess whether solar projects will be commercially viable and able to meet energy production expectations. A large part of ensuring project feasibility is optimal siting.
"This involves appropriately sizing the system to match the available energy resource, evaluating proximity to transmission and major centers for energy demand, as well as ensuring that the infrastructure is equipped to manage the influx of energy from a variable source. The forthcoming Solar Atlas will provide a detailed view of India's solar power resources, which while vast, vary significantly both across geography and over time."
Having a clear understanding of resource variability prior to investment is crucial since falling short of energy estimates has a direct impact on project production and profitability. 3TIER pioneered the use of satellite technologies in calculating pre-construction solar energy estimates and has set the global best practices for project planning. To date, this has enabled global project developers to secure investments worth over €4 billion.
This state-of-the-art satellite methodology analyzes the range of factors that impact surface irradiance conditions, such as cloud movement, air quality, and cyclical events like cyclone seasons and monsoons. In a previous study by 3TIER, India's monsoon was shown to cause resource reductions of as much as 30-40% in some parts of the country from pre-onset solar production. The timing and impact of the monsoon vary significantly from year to year and can be strongly felt - even in typically sunny regions like Rajasthan.
The Solar Atlas will provide a clearer understanding of this weather anomaly along with spatial and hourly solar irradiation variability. It will include a series of monthly solar resource maps covering the entire country and long-term solar resource and meteorological datasets at 115 locations.
"All information will be regularly updated to include the most recent months and will be validated by C-WET's Solar Radiation Resource Assessment (SRRA) stations spread across the country," said Dr. G. Giridhar, Director of the SRRA Mission Mode Project at C-WET. The data quality checks and accuracy levels are facilitated through an active collaboration between C-WET Chennai and Deutsche Gessellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
For further information please contact:
USA
Francesca Davidson, Vaisala Inc.
Tel. +1 206 708 8544, francesca.davidson[at]vaisala.com
India
Nikhilesh R Singh, 3TIER India Private Ltd.
Tel. +91 80 40918220, nsingh[at]3tier.com
About 3TIER India Private Ltd.
As a wholly owned subsidiary of Vaisala, leader in environmental and industrial measurement, 3TIER India Private Ltd. delivers an integrated suite of renewable energy assessment, forecasting, and asset optimization services to customers around the globe. For over a decade, our expertise in weather, climate, and wind and solar risk has helped the world's largest utilities, energy traders, financiers, and project developers make profitable energy decisions. Our expert staff, industry experience, and customer-focus have given us an unmatched track record within the renewable energy sector. For more information, visit http://www.3tier.com/.
About Vaisala
Vaisala is a global leader in environmental and industrial measurement. Building on 75 years of experience, Vaisala contributes to a better quality of life by providing a comprehensive range of innovative observation and measurement products and services for chosen weather-related and industrial markets. Headquartered in Finland, Vaisala employs approximately 1400 professionals worldwide and is listed on the NASDAQ OMX Helsinki stock exchange. For more information, visit http://www.vaisala.com/ and www.twitter.com/VaisalaGroup.
About C-WET
The Centre for Wind Energy Technology (C-WET) was established in Chennai in 1998, as an autonomous R&D institution by the Ministry of New and Renewable Energy (MNRE), Government of India. It is a knowledge-based institution of high quality and dedication that uses research to offer services and seek complete solutions to obstacles and needed improvements across the entire spectrum of the wind energy sector and also solar irradiation measurement (SRRA). C-WET has a Wind Turbine Test Station (WTTS) at Kayathar with the technical & partial financial support by DANIDA, Govt. of Denmark.