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Eresi Solar BD

ERESI Solar is a leading renewable energy company in Bangladesh that provides solar energy solutions. It was established in 2017 in Denmark and aims to encourage solar power usage in Bangladesh. ERESI Solar takes on full responsibility for solar projects from development through financing, installation, operations, maintenance and management. This provides a turnkey solution and allows the company to offer competitive prices and scale its business. ERESI Solar's mission is to address climate change vulnerabilities in Bangladesh by pivoting towards green growth.

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Sohel Aziz
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0% found this document useful (0 votes)
212 views18 pages

Eresi Solar BD

ERESI Solar is a leading renewable energy company in Bangladesh that provides solar energy solutions. It was established in 2017 in Denmark and aims to encourage solar power usage in Bangladesh. ERESI Solar takes on full responsibility for solar projects from development through financing, installation, operations, maintenance and management. This provides a turnkey solution and allows the company to offer competitive prices and scale its business. ERESI Solar's mission is to address climate change vulnerabilities in Bangladesh by pivoting towards green growth.

Uploaded by

Sohel Aziz
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ERESI SOLAR

Company Profile
About Us

ERESI Solar is leading the way when it comes to Renewable Energy in Bangladesh. Established in 2017 in Denmark, our goal is to
encourage the use of solar projects in Bangladesh and provide our customers with sustainable, green, and cheaper energy.

With our turnkey solution, we take care of the entire process from development to financing, installation, operations, maintenance,
and management. This end-to-end solution gives us the benefit to scale our business enabling us to offer our clients highly
competitive prices.

We proudly participate in the development of a sustainable world and a greener planet. Our growth plan will ensure us to further
strengthen our leading position.
Objectives
ERESI Solar has the ambition to be the biggest provider of solar energy for the industrial world
of Bangladesh.

Supplying Green Power to the fast-growing industry enables ERESI Solar to make an impact for
a sustainable world.

ERESI Solar is determined to contribute to the sustainability of our large industrial network in
the Garment Sector which holds 80% of the country’s GDP.

A dis-functioning and outdated electricity infrastructure creating power failure and yearly high
increasing electricity prices will be avoided by the transition to Solar Energy.

ERESI Solar will be the alternative to the expensive grid and pollutive existing system.
Our Value Propositions

The need for sustainable energy has escalated and forecasts indicate this will increase many times over to meet the rising demand in the industrial sector,
transportation, public sectors, and private households. With our solution, ERESI Solar enables the Bangladeshi population and government to achieve their
sustainable ambitions to reduce the dependence on fossil fuels.

• ERESI Solar can provide the fast-growing industry with our end-to-end solution

• ERESIs solution secures that our clients are no longer dependent on the unreliable national grid, diesel and/or gas for generators during power-cuts, but
will use green solar energy during daytime

• We have a dynamic growing portfolio, which means we are contributing to a greener production and thereby a greener planet

• Our scalability permits us to grow by a factor 10 within 5 years to even further the use of sustainable energy

• Proven concept and cases around Dhaka Industrial Area

• Tier one industrial clients


Solutions

Rooftop Solar Systems empower consumers with two distinct benefits: Savings on power costs and
contribution to the environment by going green. When it comes to the investment options in rooftop solar
systems, the most popular models are OPEX and CAPEX.
OPEX Model

OPEX Model is a system where the developer owns the solar project.
• The consumer only pays for the energy generated.
• Rooftop installed under OPEX requires the consumer to enter into a long-term legally binding Power Purchase Agreement
(PPA) the supply of power.
• PPA can be signed from 15-25 years and the consumer is expected to pay a predetermined fixed tariff for the entire duration
of the PPA.
• Any excess electricity generated may be injected into the grid with a bi-directional meter.
• The developer will be the system’s owner for the entire duration of the PPA, thereafter the ownership will be taken over by
the consumer.
• The developer provides Operation & Maintenance for the entire duration of the PPA.
• The developer will insure the Solar Panel installation.
CAPEX Model

CAPEX Model is a self-funding model where the consumer buys a Turn-Key Solar Project.
• The consumer must bear all the capital expenses incurred in stalling a rooftop system upfront.
• All Operation and Maintenance and expenses incurred is borne by the consumer. It also includes the cost of equipment, labor,
upgrades, and other material costs.
• CAPEX model will eventually be a cheaper model after repayment of debt, but it also requires investment.
• The consumer will have to bear all expenses for insurance.
Why industrial customer should go under OPEX Solar PV Project?

Benefits
1. Cost Savings 6. Tax Benefits and Incentives
2. Predictable Energy Costs 7. Risk Mitigation
3. No Maintenance Costs 8. Long-Term Partnership
4. Scalability 9. Energy Independence
5. Sustainability and ESG Goals 10. Compliance with Energy Regulations
Mission

Mission:
Addressing vulnerability to climate change and natural disasters will help Bangladesh to continue to build resilience to future
climate challenges. Pivoting towards green growth would support the sustainability of development outcomes for the next
generation.
Most Common Renewable Energy Sources

Solar Wind Hydroelectric


Solar power is energy from the sun that is Wind turbines convert the kinetic energy in The use of flowing water to power a
converted into electrical energy. the wind into electrical energy. turbine to produce electrical energy.
Why Solar Power More Feasible?
1. Electricity Savings
Installing the solar power system at your factory or industrial premises will eliminate or
reduce the electricity bills. Your solar power system will start saving money from the
moment it’s turned on, however, the advantages of solar power are best visible in the
long-term. The longer you have your solar power system, the more you enjoy the
benefits of solar technology and support the environment.

2. Green use of Environment and Carbon Dioxide Reduction


The higher you use electricity generated by fossil fuels. the more you are increasing air
pollution, especially in industries and factories. There is a lot of electricity consumed
which is mostly not created by renewable energy. Hence installing Solar power system
would be a smart and better decision as you are highly saving on your electricity bills
and also the same time promoting green and clean energy.

3. A Free Source of Energy


The sun provides us with more energy than we could ever use, and no one can
monopolize the sunlight
Why Solar Power More Feasible?
4. Low operating costs
The photovoltaic process that transforms sunlight into electricity doesn’t require any
fuel and has no variable costs. Only proper cleaning is needed to get maximum output.

5. Financial Benefits
Bangladesh Bank, IDCOL & Others financial institute are providing loans for a tenor of
maximum 10years to implement solar power plant in factory premises in a very low
interest rate.

6. Others Advantages
 A prerequisite for Green Building.
 Increase in profitability, increase in productivity.
 Reduce operational cost.
 To reduce pressure on National grid.
 Load sharing against grid electricity.
Single Line Diagram (SLD)
Projects
Completion of Big Boss Corporation Ltd. :

We are pleased to share the completion of Big Boss Corporation Ltd. The rooftop installation
will produce 1,5 MW for the factory. Talks are already underway for additional capacity to be
added in the range of 1,0 – 1,5 MW.

This 1,5MW PV Solar Roof top installation at Big Boss Corporation Ltd. is one of the largest
Solar installations in the Ready-Made Garment Sector in Bangladesh and reduces Carbon
Emission by 1,950 ton per year. The 1,5 MW (DC) Solar PV project will tentatively deliver more
than 2 GWh of clean energy annually and will have significant benefit to the environment. The
following metrics help to quantify the equivalent offsets:

• Carbon Emission Reduction by 39,000 ton over 20-year period


• 11.346 gallons of gasoline consumed
• 437,467 tree seedlings grown for 10 years
• 61,467 barrels of oil consumed
• 800 vehicles off the road
Projects
Completion of Ariyan Socks :

On the 18th of Februrary four trucks arrived at Ariyan Socks unloading solar panels.
Today, February 23rd, the installation is complete. The factory will get 200 KW solar
energy from the rooftop installation. As with every other company joining Eresi Solar,
the rooftop installation of solar energy will eliminate the daily power outages from the
national grid, where heavy polluting diesel and/or gas generators kick in instead. This
will all be avoided with the solar energy, meaning the factory will save a big amount of
money on diesel and/or gas and on the price of electricity simultaneously with saving the
planet. With the solar panels the factory will be a certified sustainable factory.
PPA Signing

PPA Signing with Union Group

Signing of PPA with Anzir Apparels Ltd.

Signing of PPA with Sadma Group


Contact us

Any questions? Don’t hesitate to contact us and we will get back to you as soon as possible.
Eresi Solar ApS Eresi Solar BV ERESI BD LTD.
Maglebjergvej 4 Jan Sluyterspad 2 House #4, 2/f, Road #12
DK-2800 Kongens Lyngby 1399 XH Muiderberg Nikujo 2, Dhaka
Denmark The Netherlands Bangladesh
+45 20638314 +31 622989658 +880 1819250741
info@eresisolar.com info@eresisolar.com info@eresisolar.com
Thank You

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