Use your CSR Funds to Solarize and Empower the Villages of India with Mon Ami and MYSUN

Nikhil Gupta | 26th August 2019

CSR Funds for underprivileged

 

As per section 135 of the Companies Act, 2013, CSR initiatives are a mandate for all qualifying companies in India. As a responsible member of society, working towards the upliftment of society and the general well being of the environment; fulfilling Corporate Social Responsibility for sustainable development is more than just a legal mandate for companies. It should be acknowledged as a moral responsibility for all business entities. After all, businesses flourish only in a flourishing society and environment.

There are countless benefits of corporate social responsibility to society. And companies can use their CSR funds under numerous pillars to fulfil their responsibility towards building a better society, and sponsoring environmental sustainability is one of them.

India is a power excess country but the lack of infrastructure still has left millions living in the darkness. For them, power remains a distant dream. To mitigate the complexities of connecting these remote villages to the main power grids, independent solar systems can be a suitable solution to bring power to their homes. The Government of India has a target to make India a 100GW solar-powered nation by the year 2022, and to meet its growing power demand in an environmentally friendly manner. Various international agencies including the World Bank have offered funds to aid India in its mission to solarize the country.

At MYSUN, we very much support the vision of ‘Power For All’ and strongly believe in the application of solar power to bring power to the remotest of locations. To achieve this goal, MYSUN has partnered with the Mon Ami Foundation, a registered non-profit trust, to help Corporates use their CSR funds to establish solar power projects for the underprivileged and the unconnected across India. Together, both MYSUN and Mon Ami believe that energy is a necessity and when available abundantly in the form of solar energy, no one should remain deprived of its utility.

How MYSUN can help use your CSR Funds to build a Sustainable Environment and Society by Solarizing India

Clean and sustainable energy provided by solar qualifies as spending for Corporate social responsibility towards the environment. To provide the complete end to end solar solution to the underprivileged, MYSUN has tied up with the Mon Ami Foundation, a registered Not for Profit Trust, which has been operational since 2015.

We have predefined the following packages for the quick deployment of CSR funds for the installation of solar projects. These packages start at Rs 5 lacs and go up to Rs 25 lacs. For CSR funds beyond this value, our team will work directly with you on a customized plan.

As a corporate, you can expect the following deliverables for CSR funding:

  1. Complete end to end project management
  2. Pre and post-impact assessment of the CSR project
  3. 80G Certificate for claims from the Income Tax department
  4. Fund utilization certificate from Chartered Accountants
  5. Complete project implementation report

How to Proceed to Fulfil your Corporate Social Responsibility towards the Environment and Society by Solarizing India with MYSUN

Step 1: Contact MYSUN for deploying your CSR funds under the environmental sustainability pillar by sharing your details here, or writing to us at [email protected].

Step 2: Share your geographical area of focus, budget, choice of solar products and timelines for the project.

Step 3: MYSUN will then work with Mon Ami Foundation to create a specific solution.

Step 4: Mon Ami foundation thereafter will share a “Request for Grant”.

Step 5: As a Corporate, you approve the project and release the CSR funds.

Step 6: Mon Ami Foundation and MYSUN will complete the project by working with local Self Help Groups(#SHGs) and recipient communities and submit all required documentation.

With just 6 simple steps Corporates like yours can bring sunshine in the lives of millions in the country. If you are a member of such a corporation who would like to use their CSR funds for empowering the nation and for the betterment of the environment, do connect with us by submitting your enquiry here or by writing to us at [email protected]. You may also directly call us on +91 9873167009.

5 Things that you must look for in the Perfect Solar PV Installer

Arpit | 18th August 2019

Solar PV Installer

 

Since you are reading this blog post, we are sure you already are well aware of the benefits of solar and are at a stage of considering going solar. Before you decide to go solar there are three key things that you must absolutely consider:

  1. Accurately predict the generation potential of your site
  2. Understand and seek flexible payment/ loan for the solar system
  3. Short list the ‘right solar PV installer and partner’ for you

With the MYSUN Solar Calculator, you can achieve the accurate generation prediction within seconds. Under MYSUN Flexi-PayTM and MYSUN Deferred Payment, you can always opt for flexible payments for your solar system. You may want to give a call to our customer delight team on +91 9873167009 to know more.

This blog post dives deep into how should one go about selecting their perfect rooftop solar installer - a solar partner. Choosing the right solar installation company is absolutely critical because going solar is a decision that you have to stand by for the next 25 years. Not only should the solar installer be experienced, well connected and well equipped, but also must stand by the warranties/ guarantees and stand with you for the life of the solar system. A well-reputed solar PV installer as your solar partner will ensure you are well informed and make choices that are in the best economic interests for you rather than seek an interest of its own. The longevity and reliability of your solar system rests solely on the shoulders of your solar installer and this is why this choice becomes a difference between you saving a few Lakh Rupees a year and a Lakh and some more.

So whether you are considering installing a solar system at an industry or your home, you should follow the guidelines below to make an informed choice, and handpick the right rooftop solar PV system installer.

Here are the five things that you must look for before choosing a solar installation company:

1. Existing projects done by the solar PV installer in your region

When choosing your solar installer assessing the local presence of the installer should be your priority. A solar installer with a strong local presence will not only be able to install your solar system with no delay, but will also be able to provide you with a rigorous after-sales service. And since going solar is at least a 25-year long investment, a diligent servicing is more than mandatory. Having your installer at an approachable distance will ensure even minor breakages are attended to in time and your solar system uptime is optimum.

Studying the size and number of projects completed by the installer in your region is therefore necessary. When selecting your solar installer, do not be afraid to ask for a visit to one of the installed systems by them in your local region so that you can see and get a sense of the engineering and civil work.

2. Team background and engineering expertise of the solar PV installer

The engineering behind your solar system dictates not just the savings that you stand to make on your power bills after installing a solar system but also the overall life of your solar system. Power generation from a solar system is dependent on numerous factors, such as the geographical location of your site, the solar irradiance at your location, the shadowing objects on your rooftop and the power requirements of your building. Hence, an optimally performing solar system is a product of precise engineering; taking into account all the aforementioned influencing factors. Unlike a lot of engineering subjects, a good engineering is a product of not just good knowledge but also on-field experience. A lot of practical situations and issues can be tackled best by an engineering team that has been setting up projects daily.

Therefore, a thorough background check on the solar installing company’s past experience and engineering expertise of the team is advised. It will give you a snapshot of the team’s capabilities, giving you a delivery assurance of a high performing solar system.

3. Relationship of the Solar PV installer with top of the line suppliers and vendors

A famous saying in English, ‘you are known by the company you keep’ is perfectly apt here. A solar installer/partner who deals in the most premium segment with the best vendors and suppliers not only will ensure you get top of the line and latest technology but also will get them to you at the market-beating prices. A good solar installer will have a long-standing relationship with these top of the line vendors which would enable them to also stand by the warranties and guarantees efficiently. The direct benefit of a good working relationship between the supplier and solar partner will be extremely beneficial both at the time of installation as well as in the after-sales where replacements can be managed quickly. Do ask your solar partner for who their suppliers and vendors are to get a clear idea.

4. Flexible financing and necessary guarantees/ warranties offered by the Solar Installer

Going solar will help you save millions in your power bills every year, but there is no denying that solar is a sizeable investment. And solar financing options from the solar installer makes the decision economical and easy. With easy flexible payment options such as the MYSUN FlexiPayTM provided by MYSUN, for residential customers, and the MYSUN Deferred Payment plan for Commercial and Industrial customers you can install a premium solar system and pay for it with the savings you make on your monthly electricity bills over a period of time. Thus, not worrying about the huge upfront cost of the solar system. In a way, your solar system is free of cost as your savings are paying for it. In a matter of 3~5 years, the cost is repaid and you can continue to enjoy the benefits of power generation for the next 20 years and pocket the savings.

A right solar installer will always furnish a transparent and justified guarantee/warranty on your system. You may also want to check with the solar installer for extended warranties. It is a worthy investment and keeps your solar system absolutely safe for large parts of the 25 years.

5. Customer testimonials and reviews of the Solar PV Installer

Customer testimonials and reviews are a true representation of a solar installer’s capabilities. It speaks of the actual performance of the solar system designed and commissioned by the solar installer. It also tells of the relationships that the solar installer is successful in keeping with its customers. Going through the customer testimonials of the installer is, therefore, a smart way to verify the credibility of the solar installer in the market among its customers. In this digital world, just a little bit of diligent research will give you the answers to what the existing customers are talking about their solar installers/partners. For example, to know the customer testimonials of MYSUN customers you can click here, read the reviews on google here, or check our social media pages here: Facebook, Twitter, LinkedIn.

Screening your prospective solar installer with above-mentioned criteria will help you select a perfect solar partner and installer for a rewarding solar journey. At MYSUN, we understand the value of solar investment made by each of our customers. We, therefore, strive to provide the most precisely engineered solar system loaded with technologically advanced components alongside Flexible Payment Plans. Add to it our immaculate after-sale service, a hassle-free 25-year-long solar experience, we make your solar journey memorable. So, if you are convinced and want to go solar, the magical number to dial is +91 9873167009 and our solar advisor will help you not just with your queries but also furnish an absolutely free of cost solar assessment report for your site.

6 Things that Every Industry Should Consider Before Going Solar

Nikhil Gupta | 16th August 2019

solar system for industrial use

 

Going solar today is an extremely affordable solution for meeting the rising energy demands. In fact, as per a survey by the International Renewable Energy Agency in 2018, the cost of building a large scale solar installation fell in India by 27% in the last year alone. With constant innovation in technology especially in the storage sector, going solar is a viable alternative for anyone who owns an Industrial or Commercial establishment. The premise of an 80%* savings on the electricity bill has a huge impact on the operating costs and therefore the profitability of the business.

Having said that, going solar is a decision that you have to live with for the next 25 years so it is imperative that you make your choice well informed. Here are the six things that every industry owner should consider before going solar:

1. Understanding the savings potential of your site with Industrial Solar Systems

Solarizing an industry can help reduce expenditure on power bills and also help them to enhance profitability. However, the exact optimum size of the solar system and the savings potential of your site varies considerably from your next-door neighbor since it depends on a variety of factors such as the roof type, geographical location, establishments in the vicinity, etc.

This is where MYSUN’s self-developed highly accurate proprietary tools such as the MYSUN Solar Calculator prove to be a healthy game changer. Within seconds you can get a snapshot of the savings potential for your industry. For example, below are two industries with very different electricity bills and therefore very different savings potential.

With our highly accurate MYSUN Site Survey, you get an even more accurate picture of the exact savings potential and accurate generation prediction numbers for your site. Each site is unique and at MYSUN, we take a lot of pride in ensuring that the savings potential of your site is met to its absolute best.

industrial solar power system

 

2. Solar Feasibility of your Industry’s Rooftop

Each rooftop is unique and presents its own set of challenges for installations. With good engineering and precise estimations using shadow analysis, it is possible to know exactly how feasible solar would be for your rooftop. Some old building for example which may not have very flat rooftops may require some kind of structural solution in order to go solar. The good news is that most industries in India have a lot of empty, unutilised space on the rooftop and therefore more often than not an optimum solution can be drawn keeping the safety of the building and the rooftop in mind.

3. Understanding the Grid Connectivity and the type of solar system viable for your industry

Knowing the grid connectivity of the industry as well as the power requirement is what dictates the type of solar system that the industry should go for. If the industrial building is connected to the grid then an on-grid solar system could be ideal for the industry. With an on-grid solar system, the industry would also be able to reap the benefit of net-metering.

However, if the industry is not connected to the grid or if the industry faces too many outages then a DG connected solar system for captive consumption would be the best option, as the off-grid solar system might be less cost-effective. While it is good to know the difference and use cases of both on-grid and off-grid solar systems, your ideal solar installer/partner will be able to make a recommendation for the same keeping in mind the economics as well as the feasibility of both.

4. Knowledge of the solar policy of your state

In order to boost the adoption of solar systems, the government of India, as well as the State Government, have laid out specific solar policies. These solar policies include the take on connectivity approvals, net-metering, tax benefits etc. They have a direct impact on the benefits an industry would draw by going solar. Proper knowledge of the latest policies is therefore indispensable and is a must to be discussed with any Solar Partner for maximum solar benefits. If you are unaware of what is the latest solar policy is in your state and how it affects you, you may want to head over to our extremely detailed, yet easy to understand Solar Policy Page to get an overview before you make your decision to go solar.

5. Reviewing which Solar Energy Model is optimum for your industry – Capex or Opex & Flexible Payments

Investment required for an industry to go solar is relatively high compared to the investment required in solarizing a residential building. Therefore, checking the financial feasibility of both models i.e the CAPEX and OPEX should be a priority when solarizing an industry. While in CAPEX, the solar system is owned, operated, maintained(on paid basis) by the industry, in OPEX, the solar system is owned by an Investor or a third party.

Thus, in OPEX, the industry pays for the per-unit power that it generated and is billed as per the power purchase agreement and not for the installation and maintenance of the solar system. The best part is when you decide to go solar with MYSUN, our solar advisors walk you through a detailed comparison of the OPEX and CAPEX models for you and also provide you with easy to avail flexible payment plans where you can pay a small fee upfront and pay out the remainder of the amount in easy installments over a period of 3~5 years. This will help you save a lot of money upfront and yet reap the benefits of solar.

6. Choosing the right Solar Partner for your industry

Choosing the right solar partner will ensure that all the above 5 points and a lot more are taken care of and you sit back and relax while enjoying the benefits of solar. You can read in detail on some of the things that you must consider in a solar partner before you zero in. Think of going solar as a long term commitment, one that you will make for a big part of your life. You do not want to be stuck with a solar installer who is chasing the next big cheque.

At MYSUN, the reliability and longevity of your solar system drive our business principles. You are welcomed into a family of solar experts with decades of industrial experience who not only understand solar but also the economics for you and ensure that beyond just the power supply, your business actually profits from the decision.

Keeping all the above points in mind before solarizing will ensure you make an informed choice. It will ensure that your industry’s investment in solar is most calculated to gain the best returns possible. So do not procrastinate any longer as your electricity bills are not getting any slimmer. Call our solar advisors today on +91 8448380218 and start your solar journey.