Hyderabad: Inspire Clean Energy, a renewable asset management and O&M services company, is strengthening its network-level technology, expanding presence in multiple geographic markets (Southeast Asia and Australia) through direct sales teams and partner models, and replicating its success in technical asset management in the solar to utility sector.
Till date, the company has helped solar PV projects increase their asset life expectancy and improved Levelized Cost of Energy (LCoE). It cumulatively manages (full technical asset management) more than 180 MW of solar PV assets in India spread over 200 sites across 30 locations, and 70 MW of assets with its software offerings.
The company has been catering to mid-segment solar system users as well as independent power producers dealing with one to ten projects of 10 KW to 50 MW capacity. Inspire implements predictive & preventive maintenance schedules, automation & service assurance through deployment of technology at every level.
Hyderabad Newsclick here for more Hyderabad NewsDilip Kumar, founder-director, Inspire Clean Energy, told Telangana Today, “O&M market has always been reactive, and we wanted to introduce a model that is investment-driven, which enhances the life of a solar asset and improves revenues. We started our services with 100 KW in 2015 and today have extended our services for over 1.5 GW of assets. We offer an integrated model bringing services, machine and software capabilities.”
Innovation-driven
The company has modularised the data searching method using an algorithm to decipher it to give it to the user, for solar panels/systems made by different companies. The company also has designed an air filter cooling system that cools the inverters avoiding tripping. It also brought down water consumption for cleaning panels significantly.
Inspire also uses robotics to make entire operations environment-friendly. The company is keen to bring newer versions of robots for cleaning panels in the next 12 months.
“We have made the user interface in a way that the end-user gets quick data insights on activities. Our software provides alerts for engineers who go to the site and follow steps indicated in the app and resolve the ticket/problem for closure. We use simple statistical pattern recognition to solve equipment issues,” he added.
Key markets
Telangana contributes a significant portion of revenues with a healthy installation base. Close to 200MW of service out of the total 500 MW service happens in the Telugu States.
The company caters to projects in Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Kerala, Punjab, Delhi, Haryana, Rajasthan, Madhya Pradesh, and Maharashtra. The company plans to reach the remotest parts of India and overseas markets.
The company is actively looking at serving international markets such as the Philippines, Malaysia, Hong Kong, Thailand, and Australia. Vikram Shetty, CEO, Inspire Clean Energy said, “We are looking for a strategic partner who will bring funds, expertise and access to markets. We want a partner in growth.”
Technology strengths
The company has executed projects in different climate and environment zones such as seaports where there could be a lot of dust accumulation, or industries where there can be sticky dust coming from exhausts, which may get deposited on the solar modules.
Inspire looks at the possibility of providing independent O&M services for power generation, steam, and gas turbine systems for industries. The entire utility services could be catered to.
Dilip Kumar informed, “Inspire Clean Energy is working with an IIT to develop an artificial intelligence-based prediction model for grid stabilisation, studying their microsystems. This will help not only India but also several other nations in better grid management.”
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