SlideShare a Scribd company logo
SunEdison’s journey in
Asia-Pacific & Sub-Saharan
Africa – under Pashupathy
Gopalan’s leadership
Growth Trajectory of SunEdison in Asia Pacific & Sub-Saharan Africa
2
2010 2Q-11 4Q-11 2Q-12 4Q-12 2Q-13 4Q-13 1Q-14 2Q-14 3Q-14 4Q-14 1Q-15 2Q-15 3Q-15
Largest project
pipeline in Thailand
Built World’s first
canal top solar project
in Gujarat
Started regional operations
in Chennai, India
Started
Thailand ops
Started
Malaysia
ops
Built first 1 MW plant in
Gujarat
1
st
solar water
pump
24 MW project under
National Solar Mission
program in India completed
in record time of 3 months
ISO
certification
Building 19 MW project
for Malaysia Airport
Financial Closure
for Phase I 58
MW solar
projects in SA for
$314M
Secured first
project in India
First micro-grid in an un-
electrified village in India
Pashu is Solar
Person of the
Year
Acquisition of
Continuum
Energy, Wind
platform in
India
1 GW JV
with JIC in
China
Wins 150MW I
n Karnataka
Partners with
Aboitiz Power in
Philippines
18 MW open access
park in Tamil Nadu to
wheel power to private
customers
5 GW MOU for
renewable power
with Rajasthan and
Karnataka Govt.
Commits 15.2GW of
renewable energy in
India by 2022 to Indian
Prime Minister
Secures
Non-Recourse
Financing
in Japan
Awarded 458
MW in South
Africa
Open Access
PPA with
Tata Power
Delhi for 198
MW of solar
power
1
st
private
rooftop PPA
2011 January: SunEdison Announces Investment of $100
Million in India
3
2011 January: SunEdison’s first project in India – 1 MW plant in Gandhinagar,
Gujarat inaugurated by then Chief Minister, Shri Narendra Modi
Pashupathy Gopalan:
“The ground-mount photo-voltaic (PV)
power plant is the first of its kind in
Gujarat.”
4
2012 April: SunEdison inaugurates world’s first ever 1MW canal
top Solar Project on the Narmada river
5
Pashupathy Gopalan:
“SunEdison is proud to be involved
with this innovative project that
combines solar power generation with
water conservation in India. Through
innovation, we strive to continuously
exceed expectations, while making
solar power an affordable reality for
customers around the world.”
2012 April: SunEdison commissions India’s first and Asia’s
largest solar park of 25 MW at Charankha village in Gujarat
6
2012 June: SunEdison electrifies its first rural village in India
with a 14kW solar power micro-grid
Pashupathy Gopalan:
“We are excited by the prospect of
providing electricity to remote
villages in India, Africa and South
East Asia…..”
7
2012 November: SunEdison Closes USD 314 Million for 58 MW
in South Africa
8
Pashupathy Gopalan:
“We are delighted that our
investments in South Africa
will create employment and
stimulate business
investment.”
2013 July: SunEdison launches a 4 week solar installation
training program along with Entrepreneurship Development
Institute (EDI) for students in Chennai
Pashupathy Gopalan:
“SunEdison is committed to
transforming lives through
innovation. In this case, we are
collaborating with EDI Chennai to
help young people become solar
entrepreneurs.”
2013 November: SunEdison Secures $185 Million for 66 MW
project in South Africa from OPIC
10
2014 January: SunEdison Installs 19 MW of Solar Plant on
Kuala Lumpur International Airport
11
Pashupathy Gopalan:
“There is an excellent Feed-in-
Tariff programme in Malaysia,
and we are looking forward
to help additional airports
in Malaysia and around
the world.”
2014 October: SunEdison signs JV Agreement with JIC Capital to develop a
1 GW of Solar Energy fund in China called China New Energy Fund
12
2014 October: SunEdison Acquires Energy Matters, one of the
largest Residential companies in Australia
13
2014 October: SunEdison & Rajasthan Govt. sign MoU for
5 GW of Solar PV
14
Pashupathy Gopalan:
“We have signed the MoU to assist the
state government in the development
of strategies and policies...”
2014 November: SunEdison Partners with Aboitiz Power in
Philippines to build 300 MW of utility scale power plants
15
2014 November: SunEdison Announces acquisition of First
Wind, one of the largest wind energy companies in USA
16
Pashupathy Gopalan:
“The acquisition of First Wind
transforms both SunEdison and
TerraForm Power into diversified
renewable energy companies and
will make SunEdison the leading
renewable power plant developer
in the world.”
2014 November: SunEdison Partners with Anna University in
Chennai, India to Study Solar Water Pumps for irrigation
17
18
2014 November: Pashupathy Gopalan talks to The Hindu
about Indian Solar industry, its future and SunEdison’s
growth plans
2014 December: SunEdison signs 150 MW PPA to deliver solar
power in Karnataka
19
Pashupathy Gopalan:
“SunEdison is proud to support the
Prime Minister’s mission to add
100 gigawatts of clean energy to
India’s grid by 2022.”
2015 January: SunEdison commits to develop 15.2 GW of
Renewable Energy in India by 2022
20
2015 January: SunEdison signs MOU with Govt of Karnataka to
build 5 GW of Renewable Energy in the state in 5 Years
21
Pashupathy Gopalan:
“Karnataka’s comprehensive
energy policy paves the way for
socially and environmentally
responsible economic growth and
prosperity…”
Pashupathy Gopalan:
“The idea is to build an integrated
solar photovoltaic manufacturing
plant of 5,000 MW. This will be one
of the largest single complexes in
the world.”
2015 January: SunEdison & Adani to Build Largest Solar
Manufacturing Facility in India with $4 Billion Investment
22
2015 January: SunEdison & Omnigrid Micropower Company
(OMC) Partner to bring Electricity to 5000 households in India
23
2015 January: SunEdison provides a grant of 200 solar water
pumps to women salt farmers in Kutch area of Gujarat
2015 February: SunEdison commissions 7.72MW Solar
System for TVS Brakes India
25
Pashupathy Gopalan:
“This system also happens to be
the largest solar power plant built
to date under the Group Captive
Scheme in India.
2015 March: SunEdison becomes the first foreign company
to secure Non-Recourse Project Financing in Japan
26
2015 March: SunEdison donates 100kW system to
Ramakrishna Mission in Chennai under its CSR Program
27
2015 June: SunEdison Announces Acquisition of
Continuum Wind Energy in India
28
2015 June: SunEdison completes its 50 MW JNNSM Phase 2
batch 1 project in Madhya Pradesh
This was 1 out of the 3 projects (total of 100 MW) won by SunEdison in late 2014 under the
JNNSM Program
29
2015 June: SunEdison Awarded 371MW in South Africa
30
2015 July: SunEdison Inks Largest Open Access Solar PPA
with TPDDL to deliver 180MW of Solar Power in Delhi
31
2015 July: Pashupathy Gopalan Named Solar Power Person
of the Year
32
Pashupathy Gopalan:
““SunEdison is dedicated to
furthering India’s renewable energy
program and plans to develop
more than 15 gigawatts of Solar
and Wind Energy by 2022. With
our team’s continued hard work
and dedication, I’m confident that
we can achieve this goal.”
2015 July: Pashupathy Gopalan talks to Financial Chronicle
about Solar Industry in India and its potential
33
2015 July: SunEdison announces its 2nd 1MW canal top
Solar Project in Karnataka
Pashupathy Gopalan:
“We pioneered the Narmada canal top
project in Gujarat in 2012…it is
heartening to see other state
governments embrace the use of solar
technology.”
34
2015 July: SunEdison Inc announces listing of its 2nd YieldCo
vehicle, TerraForm Global (GLBL) for Emerging Markets
35
Link to SunEdison Asia Pacific and Sub-Saharan Africa Videos
1. SunEdison’s 1st rural electrification project in Meerwada
village in Madhya Pradesh - 2012
https://www.youtube.com/watch?v=f4Y0RbSn52Y
2. SunEdison’s Solar Water Pump for Irrigation - 2013
https://www.youtube.com/watch?v=r8Rnmm932a4
3. SunEdison’s journey in Asia Pacific and Sub-Saharan
Africa – October 2014
https://www.youtube.com/watch?v=q3a67iVzE34&feature=
youtu.be

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Media Dossier of Pashupathy Gopalan

  • 1. SunEdison’s journey in Asia-Pacific & Sub-Saharan Africa – under Pashupathy Gopalan’s leadership
  • 2. Growth Trajectory of SunEdison in Asia Pacific & Sub-Saharan Africa 2 2010 2Q-11 4Q-11 2Q-12 4Q-12 2Q-13 4Q-13 1Q-14 2Q-14 3Q-14 4Q-14 1Q-15 2Q-15 3Q-15 Largest project pipeline in Thailand Built World’s first canal top solar project in Gujarat Started regional operations in Chennai, India Started Thailand ops Started Malaysia ops Built first 1 MW plant in Gujarat 1 st solar water pump 24 MW project under National Solar Mission program in India completed in record time of 3 months ISO certification Building 19 MW project for Malaysia Airport Financial Closure for Phase I 58 MW solar projects in SA for $314M Secured first project in India First micro-grid in an un- electrified village in India Pashu is Solar Person of the Year Acquisition of Continuum Energy, Wind platform in India 1 GW JV with JIC in China Wins 150MW I n Karnataka Partners with Aboitiz Power in Philippines 18 MW open access park in Tamil Nadu to wheel power to private customers 5 GW MOU for renewable power with Rajasthan and Karnataka Govt. Commits 15.2GW of renewable energy in India by 2022 to Indian Prime Minister Secures Non-Recourse Financing in Japan Awarded 458 MW in South Africa Open Access PPA with Tata Power Delhi for 198 MW of solar power 1 st private rooftop PPA
  • 3. 2011 January: SunEdison Announces Investment of $100 Million in India 3
  • 4. 2011 January: SunEdison’s first project in India – 1 MW plant in Gandhinagar, Gujarat inaugurated by then Chief Minister, Shri Narendra Modi Pashupathy Gopalan: “The ground-mount photo-voltaic (PV) power plant is the first of its kind in Gujarat.” 4
  • 5. 2012 April: SunEdison inaugurates world’s first ever 1MW canal top Solar Project on the Narmada river 5 Pashupathy Gopalan: “SunEdison is proud to be involved with this innovative project that combines solar power generation with water conservation in India. Through innovation, we strive to continuously exceed expectations, while making solar power an affordable reality for customers around the world.”
  • 6. 2012 April: SunEdison commissions India’s first and Asia’s largest solar park of 25 MW at Charankha village in Gujarat 6
  • 7. 2012 June: SunEdison electrifies its first rural village in India with a 14kW solar power micro-grid Pashupathy Gopalan: “We are excited by the prospect of providing electricity to remote villages in India, Africa and South East Asia…..” 7
  • 8. 2012 November: SunEdison Closes USD 314 Million for 58 MW in South Africa 8 Pashupathy Gopalan: “We are delighted that our investments in South Africa will create employment and stimulate business investment.”
  • 9. 2013 July: SunEdison launches a 4 week solar installation training program along with Entrepreneurship Development Institute (EDI) for students in Chennai Pashupathy Gopalan: “SunEdison is committed to transforming lives through innovation. In this case, we are collaborating with EDI Chennai to help young people become solar entrepreneurs.”
  • 10. 2013 November: SunEdison Secures $185 Million for 66 MW project in South Africa from OPIC 10
  • 11. 2014 January: SunEdison Installs 19 MW of Solar Plant on Kuala Lumpur International Airport 11 Pashupathy Gopalan: “There is an excellent Feed-in- Tariff programme in Malaysia, and we are looking forward to help additional airports in Malaysia and around the world.”
  • 12. 2014 October: SunEdison signs JV Agreement with JIC Capital to develop a 1 GW of Solar Energy fund in China called China New Energy Fund 12
  • 13. 2014 October: SunEdison Acquires Energy Matters, one of the largest Residential companies in Australia 13
  • 14. 2014 October: SunEdison & Rajasthan Govt. sign MoU for 5 GW of Solar PV 14 Pashupathy Gopalan: “We have signed the MoU to assist the state government in the development of strategies and policies...”
  • 15. 2014 November: SunEdison Partners with Aboitiz Power in Philippines to build 300 MW of utility scale power plants 15
  • 16. 2014 November: SunEdison Announces acquisition of First Wind, one of the largest wind energy companies in USA 16 Pashupathy Gopalan: “The acquisition of First Wind transforms both SunEdison and TerraForm Power into diversified renewable energy companies and will make SunEdison the leading renewable power plant developer in the world.”
  • 17. 2014 November: SunEdison Partners with Anna University in Chennai, India to Study Solar Water Pumps for irrigation 17
  • 18. 18 2014 November: Pashupathy Gopalan talks to The Hindu about Indian Solar industry, its future and SunEdison’s growth plans
  • 19. 2014 December: SunEdison signs 150 MW PPA to deliver solar power in Karnataka 19
  • 20. Pashupathy Gopalan: “SunEdison is proud to support the Prime Minister’s mission to add 100 gigawatts of clean energy to India’s grid by 2022.” 2015 January: SunEdison commits to develop 15.2 GW of Renewable Energy in India by 2022 20
  • 21. 2015 January: SunEdison signs MOU with Govt of Karnataka to build 5 GW of Renewable Energy in the state in 5 Years 21 Pashupathy Gopalan: “Karnataka’s comprehensive energy policy paves the way for socially and environmentally responsible economic growth and prosperity…”
  • 22. Pashupathy Gopalan: “The idea is to build an integrated solar photovoltaic manufacturing plant of 5,000 MW. This will be one of the largest single complexes in the world.” 2015 January: SunEdison & Adani to Build Largest Solar Manufacturing Facility in India with $4 Billion Investment 22
  • 23. 2015 January: SunEdison & Omnigrid Micropower Company (OMC) Partner to bring Electricity to 5000 households in India 23
  • 24. 2015 January: SunEdison provides a grant of 200 solar water pumps to women salt farmers in Kutch area of Gujarat
  • 25. 2015 February: SunEdison commissions 7.72MW Solar System for TVS Brakes India 25 Pashupathy Gopalan: “This system also happens to be the largest solar power plant built to date under the Group Captive Scheme in India.
  • 26. 2015 March: SunEdison becomes the first foreign company to secure Non-Recourse Project Financing in Japan 26
  • 27. 2015 March: SunEdison donates 100kW system to Ramakrishna Mission in Chennai under its CSR Program 27
  • 28. 2015 June: SunEdison Announces Acquisition of Continuum Wind Energy in India 28
  • 29. 2015 June: SunEdison completes its 50 MW JNNSM Phase 2 batch 1 project in Madhya Pradesh This was 1 out of the 3 projects (total of 100 MW) won by SunEdison in late 2014 under the JNNSM Program 29
  • 30. 2015 June: SunEdison Awarded 371MW in South Africa 30
  • 31. 2015 July: SunEdison Inks Largest Open Access Solar PPA with TPDDL to deliver 180MW of Solar Power in Delhi 31
  • 32. 2015 July: Pashupathy Gopalan Named Solar Power Person of the Year 32 Pashupathy Gopalan: ““SunEdison is dedicated to furthering India’s renewable energy program and plans to develop more than 15 gigawatts of Solar and Wind Energy by 2022. With our team’s continued hard work and dedication, I’m confident that we can achieve this goal.”
  • 33. 2015 July: Pashupathy Gopalan talks to Financial Chronicle about Solar Industry in India and its potential 33
  • 34. 2015 July: SunEdison announces its 2nd 1MW canal top Solar Project in Karnataka Pashupathy Gopalan: “We pioneered the Narmada canal top project in Gujarat in 2012…it is heartening to see other state governments embrace the use of solar technology.” 34
  • 35. 2015 July: SunEdison Inc announces listing of its 2nd YieldCo vehicle, TerraForm Global (GLBL) for Emerging Markets 35
  • 36. Link to SunEdison Asia Pacific and Sub-Saharan Africa Videos 1. SunEdison’s 1st rural electrification project in Meerwada village in Madhya Pradesh - 2012 https://www.youtube.com/watch?v=f4Y0RbSn52Y 2. SunEdison’s Solar Water Pump for Irrigation - 2013 https://www.youtube.com/watch?v=r8Rnmm932a4 3. SunEdison’s journey in Asia Pacific and Sub-Saharan Africa – October 2014 https://www.youtube.com/watch?v=q3a67iVzE34&feature= youtu.be