ASUNTRACKERSPrivateLimited

KEYMEMBERSOFTHEIDEATEAM

VarunSacharFounder&CEO.Totalexperienceof40years,workedwithnational&InternationalcompaniesinSales&MarketingacrossdiverseverticalslikeOfficeautomation,IT,BusinessdatabasesandRetailsector.SixyearsasanindependentdeveloperandEPCoperatorforsolarPVplants.

Dr.(Prof)SudiptoMukherjeeTechnicalDirector.HavingAcademic/industrialexperienceofover27years.CurrentlyFacultyDeanatIITDelhi.DidhisMechanicalengineeringfromIITKanpurandPhDfromOhioStateUniversity,USA.HisareaofinterestareMechanism,Robotics,Mechanicalsystemdesign,Impactbiomechanics.AssociatedwithAsunTrackerssince2016.Heisoneoftheinventorof“2AxisTracker”.

AtulSood

Co-Founder.WithafirmgroundinginAdvertising,PRandmarketinginacareerspanningoverthreedecades,hehasservicedsomeofthebestknownIndianandglobalbrands.Hespecializesinmarketcommunication,branddevelopmentandmarketpenetrationstrategies.

SUPPORTINGTEAMMEMBERS1.   AlokNigam–Over

twodecadeofexperienceinrenewableenergysector.WorkedforLanco,SunEdison,handledover1GWofsolarprojects.

2.   RajivPandey–Computer&ITprofessionalwithexperienceinsolarI&C

3.   Ashutosh–Workingwiththecompanypastoneyear,handlinginstallationandexecutionofproject

TYPESOFSOLARPVINSTALLATIONSMMS(MODULEMOUNTINGSTRUCTURE)

Theangleofincidencekeepschangingeveryminuteoftheday.

1.FIXEDMOUNTThepanelsarefixedfacingapre-determineddirectiondepending

uponthecoordinates(location),whilethepositionofthesunkeepschanging.

2a.HORIZONTALSINGLEAXISTRACKINGMovesthesolarPVpanelsfromeasttowestduringtheday,in

accordancewiththemovementofthesunirrespectiveofthelocation.

ThePVpanelsconstantlymovesalongthesunpathfromEasttoWestTheangleofincidenceisnotalwaysperpendicularexceptduringmid-dayofsummers,whereasinwinterstheangleofincidencewilleitherbehighorlow.Inbothcasestheoutputisnegativeoratparcomparedtofixed.Locationsawayfromequatorisnotbeneficial

TheoutputisbetterthantheHorizontalsingleaxistrackerbecauseofthetilttowardsouthinthenorthernhemisphere.UsefulforlocationsawayfromequatorThedisadvantageisthattherearesmallarrays.Whichagainbecomesexpensive.Duetotechnicaldesign,largerlandareaisrequired.

2b.TILTEDSINGLEAXISTRACKERThePVpanelistiltedtoaparticularanglebasedonthecoordinates.ButthemovementisagainEasttoWest

3.DUALAXISTRACKINGMovethepanelsinalldirectionsinaccordancewiththe

movementofthesunatanylocation.

SolarPVpanelsmovesinalldirections………•  East-West,•  North-South,•  NorthEast-South

West,•  SouthEast–North

Westalongthemovementofsun.Theangleofincidenceisalwaysclosetoperpendicularroundtheyear.Hence,giveshighestyieldThecapitalcostisthehighestmakingitunviableforutilityscalesolarprojects

SUNPATHINTHENORTHERNHEMISPHERE

ForNorthernHemisphere,around21stJuneisthelongestdayoftheyear.Therefore,ItiscalledSummerSolstice.Around21stDecistheshortestdayandiscalledWinterSolstice.WhereasinSouthernHemisphereistheopposite.

TheyieldfromsolarPVmodulesisdependentontheangleofincidenceofsolarradiation.Thelongertheanglestaysnearperpendicularduringtheday,highertheyield.

SUNPOSITIONWITHDIFFERENTMMS

EastWestDailymovementNorthSouthadjustment

EastWestDailymovementNorthSouthadjustment

EastWestDailymovementNorthSouthadjustment

Ø  PVpanelsarefixedandthesunraysfallswithdifferentanglesofincidence.

Ø  PVpanelsmovesfromEasttoWestondailybases.Moreeffectiveduringsummers

Ø  PVpanelsmovesinalldirections.Moreefficientduringallseasons.Thus,higheroutput

FixedMount

HorizontalSingleAxisTracker

DualAxisTracker

THEINNOVATIONAstheLevelizedCostofEnergy(LCoE)fromsolarinstallationsbecomescommerciallycompetitive,theonlywayforwardforSolarDevelopersistomaximizeyields.ApartfromoptimizingBalanceofSystemcosts,useofSolarTrackersistheonlywayforward,irrespectiveofotherimprovementslikenextgenerationsolarpanels/invertersorplantmanagement.

PRODUCT2AXISSOLARPVTRACKERisaNextGenerationtracker,whichaddressestheshortcomingsofahorizontalortiltedsingleaxistracker(SAT)andgivestheperformanceclosetoadualaxistracker(DAT)

DISRUTIVETECHNOLOGYAsun2Axistrackerisanenhancedandcompletelynewtechnology,whichreplacesanddisruptsexistingsingleaxistrackingtechnology,hencerenderingitobsolete.Itisdesignedtosucceedsimilartechnologythatisalreadyinuse.

SMARTNESS/UNIQUENESSStructuralandmechanicaldesignofAsun2-axisTracker

developedincollaborationwithIIT(IndianInstituteofTechnology)Delhi,Indiaoffersmanyadvantages.

1.  AutomatesdailyeasttowestmovementofSolarPVpanelsaswellasseasonalnorthtosouthshifttherebyofferingoptimalyield.

2.  Highlyoptimizedstructuraldesignwhileofferingindustrystandardwindloadtolerances,weighslessthereforelowercapitalcost.

3.  De-centralizeddesignwithmediumsizearraysoffershigherplantavailabilityandsignificantlyhigherterrainadaptability

4.  Usesselflubricatingpolymerbearingsthereforeminimalmaintenancecosts

5.  IOTreadyforremotemonitoringandtroubleshooting

FUNCTIONItprovidesadailyseasonaltiltalongtheNorth-Southaxis,inadditiontocontinuousmovementfromEast-West,thustrackingthesunoptimallyatalltimesandmaintainingnearperpendicularangleofincidenceGiveshighestIRRforanytypeofMMSavailable

BENEFITS1.  Theyieldfromthe2AxisTrackerwillalwaysbe

higherthanhorizontalortiltedSingleAxisTrackerduringallseasonsparticularlyduringEquinoxandwinterSolsticeperiod.

2.  Themodularandde-centralizeddesignofferslowercapitalcostandhigherplantavailability

3.  Offersincreaseinyieldofupto2to4timesdependinguponlocation,whichcompareswellwiththatofaDAT,atasignificantlylowercapitalcost

4.  ImprovestheIRRoftheproject

ASUN2AXISSOLARPVTRACKER• 2Axistracking• Self-lubricatingpolymerbearings• Self-poweredandauxiliarypoweredoptions• Modulardesignwithhighterrainadaptability

HIGHPERFORMANCEincreasesyieldby2to4timesdependingonlocation&climaticconditions

HIGHPEDIGREEdesigned&developedincollaborationwithIITDelhi

ADVANCEDDESIGN• Highlyoptimizedstructure• Modularconstruction• Windtolerance160kmph•  Linearactuatorsforbothmovements•  LowO&M

DailyEastWestmovement

SeasonalNorthSouthadjustment

ModularDesign

WHY2AXIS?

ThefollowingchartillustratestheyieldsfromdifferenttypesofsolarMMSoverayearatalocationinNorthernIndia.AwayfromEquator

FIXEDMOUNTLeastperformanceasitdoesnotmovealongthesunpathSINGLEAXISTRACKING5monthsinayeartheperformancedipsbelowthatofafixedMMS.Hence,NEGATIVEperformanceASUN2AXISTRACKINGTheyieldisalwayshigherthanSAT&FixedMMSduringallseasonsinayear.Hence,performanceisneartoDualaxistracker.

LivedatacollectedfromOct2018toJuly2019

0

1

2

3

4

5

6

7

Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19May-19 Jun-19 Jul-19 Aug-19 Sep-19

WinterSolstice&VernalEquinoxperiod SummerSolstice&autumnalEquinoxperiod

FIXED

SAT

2AXIS

YIELDGROWTH2AxisvsSingleAxisoverFixed

ThegraphclearlyindicatesthatduringwintersolsticeandequinoxperiodstheperformanceofSATinnegativeoratparthefixedwhereas2axisisalwayshigher.2AxisTrackeryieldisalwayshigherthantheSATduringallmonthsandseasonsoftheyear.

LivedatacollectedoftheYieldGrowthfromasiteinNorthernIndiawithconstantparameters.

LivedatacollectedfromOct2018toAug2019

-15.00%

-10.00%

-5.00%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

YieldGrowth2AxisOverFixed

YieldGrowthSAToverFixed

COMPARAISION

DUALAXISTRACKERThoughgivesthehighestyield,butunfortunatelyisnotaneconomicallyviableproductbecauseofitshighcapitalcost.TheIRRisalsolowcomparedtootherMMS.Itisonlyusefulforcaptiveconsumptionwherespaceisaconstraint.

POTENTIALFORGROWTH

GlobalMarketsizefor2016wasvaluedoverUSD7billionandissettocrossUSD27billionby2024.Trackerbusinessgrew32%in2017.In2018,thetrackerbusinessincreasedbyover40%surpassing20GWgloballyforthefirsttime.In2019itisexpectedtoreach74GW.Fundamentalsintheglobalutility-scalesolarindustryareexcellent,andtrackersareanobviouschoiceinmostdevelopingsolarmarkets.Asmallfractionofthecurrentmarketsize,factoringinthescaleofinitialoperations

Asunwillalsopromotetheirsecondvarianttocapitalizethemarket.ThesecondvariantwillbelessexpensivecomparedtoexistingSingleAxisTracker.

COMPETITION

Asun2Axistrackerisanenhancedandcompletelynewtechnology,whichreplacesanddisruptsexistingsingleaxistrackingtechnology,hencerenderingitobsolete.BeingaNextGenerationdesignitsucceedsimilartechnologythatisalreadyinuse.

Asun2axistrackergivesaperformance

equivalenttoaDualAxisTrackeratthecostequivalenttoaSingleAxisTracker.Therefore,itout-beatanyavailabletrackingsystemifcomparedwithcostvsyield.

DESIGNREGISTRATIONApprovalfordesignregistrationreceivedinMay2019PATENTPendingapprovalforPatentPCT(PatentCooperationTreaty)Appliedfor152countries.

INCUBATIONATIITDELHI

The first product is past prototyping and designvalidationhasbeendoneona80KWpilotprojectFeedbackfrommarketandpilotprojectindicatethefollowingareasforimprovementandongoingR&D:a)  Furtherstructureoptimizationb)  Improvesolarpanelfixingarrangementc)  Designofelectroniccontrollersd)  MaketheproductIoTready

FIRSTPROTOTYPEOPRATIONALSINCEFEB2018FIRSTPILOTPROJECTOPERATIONSINCEOCT.2018LIVEDATAFROMTHEPROTYPEANDPILOTPROJECTBEINGCOLLECTED

TARGETCUSTOMERS

Theprimecustomersaretheoneswhoareconsideringsingleaxistrackertogainhigheryieldsandsecondlythecustomersoptingfordualaxistrackerfortheircaptiveuse.EPCcompanieswhoareinfluencersandplayamajorroleinconvertingtheclientsperceptionfromconventionalMMStoinnovativeMMS.IPPsandprivatedevelopersinthesolarPVmarketInvestorsincludingthosetargetingcaptiveuseGovernmentandinstitutionsinvestingonSolarPVplants

AVIABLEOPTIONAGAINSTSINGLETRACKERSLOGICALMIGRATIONFORPLANTEFFICIENCYANDIMPROVEDRoI

THANKYOUvarun@asuntracker.comVarunSachar,Mob:+91-9811271111