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Your Partner in Sustainable Energy
Our Mission
To drive sustainable energy solutions for a greener future by leveraging innovative technologies and expertise in renewable energy. We aim to make clean energy accessible to all, fostering a better tomorrow.
At Ascendia, we bring a wealth of experience and expertise to the forefront of solar energy solutions.
Our team is comprised of highly qualified and skilled professionals, each with a deep understanding of the solar industry’s intricacies. We specialize in the planning, design, development, and operation of various solar power plants, utilizing cutting-edge technologies such as photovoltaic (PV) and concentrated solar power (CSP) systems.
Our solar power plants are not just sources of clean energy; they are models of reliability and innovation. Employing advanced software and tools, we ensure the safe and efficient operation of our plants, setting industry standards for performance and sustainability. Ascendia is not merely a new entrant; we are a dynamic force introducing fresh perspectives and novel approaches to the solar energy sector.
Project Phases
It is envisaged that the project will have the below mentioned phase of activities. These
phases are not mutually exclusive; to implement the project on fast track basis some
degree of overlapping is envisaged.
Project Registration and Financing
In a power project, registration and financing of the project is the first critical step towards
development. The below listed tasks will be under project development
Preparation of Detailed Project Report (DPR)
In Principle clearance from state nodal agency
Participation in RFQ/submission of application with documents for registration
Financial Closure
Our Leadership
Non-Executive Director
Neil Harris
Neil has extensive experience across a wide range of infrastructure projects, including house building and renewable energy. He specializes in the planning, development, procurement, construction, and operation of renewable energy projects, with expertise spanning financing, implementation, acquisition, and disposal. Neil has led wind energy, solar PV, tidal power, and battery storage projects across the U.K., Europe, North Africa, North America, and the Far East. As a Chartered Engineer, Chartered Builder, and Chartered Construction Manager, he is a Fellow of the Institution of Structural Engineers, the Institution of Civil Engineers, and the Chartered Institute of Building.
CEO, Immersa Limited UK
Rob Miles
Rob Miles, Ascendia’s strategic partner, brings extensive expertise in renewable energy, leading key initiatives at Immersa, a renewable energy company recognized in the Sunday Times’ list of fastest-growing businesses. Rob oversees the development and implementation of solar, battery storage, and EV charging solutions. His expertise spans the entire project lifecycle, including planning, procurement, construction, operation, and financing. Passionate about sustainability, Rob is dedicated to delivering innovative, high-quality solutions for clients and the environment globally, impacting communities through renewable strategies and forward-thinking projects.
Project Implementation
The project implementation can be executed with perfection without any time & cost overruns,
By forming a Project team within the Company which will be responsible
for project supervision and involved in execution from the start of the project i.e., from engineering stage itself and later on takeover the operation of the power plant. This will enable the project team to get familiarized with the technology and equipment they are going to handle.
This project team will be having a Project Manager who will be supported by Engineers with multi-disciplinary specializations. This team will also get actively involved in the construction and commissioning phase and as such trained manpower is not available in the country with exposure to technology will become a valuable resource for the company.
What Our Team Does
Open Access for Solar Power
Are you a corporate entity managing substantial electricity demands or exploring avenues to optimize operational expenses?
Look no further, as we offer a tailored solution perfectly suited to your needs.
Our Solar Open Access model is designed specifically for industrial and commercial clients seeking direct access to electricity from generators at competitive rates.
Through a structured long-term Power Purchase Agreement (PPA), our clients benefit from procuring electricity directly from the source, bypassing traditional intermediaries.
This approach is made possible under the provisions of the Electricity Act of 2013, which empower consumers with a connected load exceeding 1 MW to independently source their electricity needs, thus promoting flexibility and cost efficiency.
Open Access for solar power involves a comprehensive process where a solar energy provider and a power consumer collaborate to facilitate the direct supply of solar electricity. Here’s an in-depth look at how this model works :
Establishing the Power Purchase Agreement (PPA)
- Agreement Formation: A Power Purchase Agreement (PPA), typically spanning 15-25 years, is signed between the power consumer (off-taker) and Ascendia, the solar power project owner.
- Details of Agreement: The PPA specifies the terms and conditions under which the power will be supplied, including the agreed-upon tariff, responsibilities of both parties, and the duration of the agreement.
Consumption-Based Payment and Immediate Savings
- Billing Based on Consumption: Consumers are billed strictly based on the amount of electricity they consume. This model is advantageous because it eliminates the need for upfront capital investment in solar infrastructure by the consumer.
- Immediate Cost Savings: From the very first day of operation, consumers begin to save on energy costs.
Monitoring and Optimization Technologies
- Real-time Analytics and Remote Monitoring: Ascendia employs sophisticated real-time analytics and remote monitoring systems to ensure the solar power plant operates efficiently. These systems track performance metrics such as energy output, panel efficiency, and weather conditions.
- Ensuring Optimum Generation: Through these technologies, Ascendia can quickly identify and rectify any issues, ensuring that the plant operates at peak efficiency with minimal downtime. For instance, a well-monitored plant might achieve an uptime of over 99%.
Project Development and Investment
- Project Development: Ascendia takes on the responsibility for the end-to-end development of the solar power project. This includes site selection, procurement of solar panels, installation, and grid connection.
- Construction and Financing: The construction phase involves substantial investment and is entirely financed by Ascendia. For instance, a 1 MW solar project could cost around 4 Crores.
Consumption-Based Payment and Immediate Savings
- Electricity Generation: Once operational, the solar power project starts generating electricity. A typical 10 MW plant can produce approximately 15 million kWh annually, depending on location and efficiency.
- Open Access Route: The generated power is transmitted to the off taker via the open access route. This route allows large consumers to bypass the traditional grid and purchase electricity directly from independent power producers.
- Pre-determined Tariff: The tariff at which the power is sold is pre-determined in the PPA, often significantly lower than the prevailing grid tariffs. For example, if the grid tariff is 7 Rupees per kWh, the PPA might lock in a rate of 5-6 Rupees per kWh.
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