Exclusive Platinum Sponsor for Renergy2012
Zynergy Projects and Services Pvt Ltd (ZPSPL) headquartered in Chennai with the main intention to address the shortage of electricity and the growing need for renewable and clean energy in Tamil Nadu and the wider region.
ZPSPL brings together Indian and foreign technical expertise, access to both local and international funding and joint venture partnerships in each subsidiary company to form an integrated solar energy business.
Zynergy has signed a number of technical co-operation or joint venture agreements with global market leaders in:
- Solar power plant management and operation – Gestamp Solar of Spain who own and operate some 3000 MW of solar power in the USA and Europe.
- Solar power plant design and construction – Phoenix Solar of Germany
- Solar panel manufacture – PV World of Singapore
Zynergy intends to develop into a totally integrated solar specialist by 2015, encompassing its own manufacturing, engineering and construction as well as power generation activities. Zynergy's state-of-the-art manufacturing facility will commence commercial production in Q2 2012.
Zynergy is a successful applicant for one of the projects awarded under the IREDA scheme, which is part of the Jawaharlal Nehru National Solar Mission (JNNSM) .The company has recently completed the 1 MW solar project successfully.
ZPSPL is owned 55% by Zynergy Capital Pte Ltd, incorporated in Singapore, and 45% by the Nath Family.
Over the next five years ZPSPL and its partners will invest 2000 crores (US$440 million) in panel and component manufacturing, and 5500crores (US$1.2 billion) in solar power generation.
ZPSPL has to date established four subsidiary companies.
Great Shine Holdings Pvt Ltd. (GSHPL)
GSHPL was formed to build and operate a 1MW solar power farm (solar photovoltaic, grid connected) under the IREDA scheme, near Madurai in Tamil Nadu. This 1 MW project is the first step in GSH's ambition of developing a 500 MW solar project. GSH has also signes a joint venture agreement with Gestamp Solar to build and operate 350 MW solar farms.
Great Shine Engineering Pvt Ltd. (GSEPL)
GSEPL is building a factory to manufacture solar panels on a fifty acre site acquired in Tirunelveli, Tamil Nadu, in technical partnership with P.V World Pte Ltd, an established solar panel manufacturer in Singapore. Greatshine Engineering plans to have a 150 MW p.a. Solar PV Module Assembly Line and 120 MW p.a. Solar Cell Manufacturing Facility by 2015. Currently 25 MW module assembly lines are being built, the first of which will be completed in March 2012. Until 2012, GSE will be selling panels manufactured by Singapore-based PV World, which have the same specifications as the panels to be produced by GSE. These panels have a 1.4% greater cumulative energy yield than other commercially available modules. Plans include the manufacture of solar ingots from high quality silica quartz, and the production of wafers and cells commencing by mid 2012, to ensure a locally manufactured component supply chain, and to bring high quality jobs to Tamil Nadu.
Alectrona Energy Pvt Ltd (AEPL)
AEPL will focus on opportunities in solar EPCM (engineering, procurement, construction and management) in Tamil Nadu and other states in India, to enable client companies to generate solar energy on their own properties, in accordance with both state and national energy policies. AEPL will also, on behalf of client companies, undertake the applications for grants, funding and carbon credits.
AEPL has signed a cooperation agreement with Phoenix Solar AG, a specialist EPCM company, listed on the stock exchange in Germany, and withAsian operations based in Singapore.
SouthernSolar Power Pvt Ltd (SSPPL)
SSPPL is in the process of acquiring a thousand acres of land for phase one and is seeking authorisation to build a 350 MW solar power farm in Tamil Nadu, in partnership with Gestamp Solar SL, of Spain, a large, privately owned engineering company. Gestamp has already developed more than 3000MW of solar power farms worldwide.It is intended that this staged project will complete 50MW in 2012, 100MW in 2013, 100MW in 2014 and 100MW in 2015.
Zynergy provides the following services
- Structuring of funding propositions
- Information Memorandums
- Financial Modelling
- Sourcing Equity and Debt from a large range of sources such as:
- Private Family Offices
- Funds of funds
- Sovereign wealth funds
- Private equity funds
- Infrastructure funds
- Renewable and clean tech funds
- Hedge / Specialist funds
- International development agencies and regional development funds
- Co-ordination of due-diligence
- Liability advice
- Shareholder Issues
- Investor Relations
More information about Zynergy from here - http://www.zynergygroup.net/