Saba Capital | Solar Outlook | Fuel Cell | Lithium ion batteries | Newsflow

1. SOLAR OUTLOOK | 30-JUL-18
WEEKLY UPDATE

2. Technology Innovation – Bloom
Energy
 Bloom Energy is a silicon valley start-up in Smart
energy
 The company uses the Fuel cell technology to convert
natural gas/ biogas to electricity directly at home/
office.
 USP – Clean power, 100% reliable non-grid, Cheaper
than grid
 Picture of Bloom Energy Generator
Source : SEC/ IPO Prospectus

3. Tech Innovation – Lithium Ion
batteries (1)
 Global prices falling since EV sales not catching
up.
 Bloomberg anticipates fall in prices to $73/ KWh
within next 3-5 years
Source : Bloomberg Energy Finance

4. Tech Innovation – Lithium Ion
batteries (2)
 Bloomberg anticipates 408 GWh of annual
demand by 2025 and 1293 GWh by 2030

5. Tech Innovation – Lithium Ion
batteries (3)
 Non-EV (Commercial, residential, etc) battery market growing
rapidly. Market to increase from 1 GWh today to 81 GWh by 2024
 EV manufacturers such as Tesla getting into non EV battery market
 Batteries will outlive EV and active re-purposing market developing
Source – Bloomberg

6. Happenings…
Date News Item
30-Jul Amplus to set up 50 MW solar park at Mirzapur
28-Jul UP annuls 1000 MW auction post higher than expected prices
26-Jul India needs to invest $76 b to meet energy target of 104 GW
(MNRE)
25-Jul Indian Railways unveils non-AC trains with Solar panels on roof
24-Jul Karnataka becomes the number 1 solar state in India
23-Jul Coal to shrink to just 11% of global electricity generation by mid-
century, from 38% now, as comparative costs shift heavily in
favor of wind, solar and batteries (Bloomberg)

7. About Saba Capital
 Saba Capital is a firm specialising in Solar Industry financing. It helps
companies arrange project finance, export credit, buyers credit,
receivable finance, working capital and equity from Nationalised
banks, foreign banks, FIs and Multilateral agencies. It has an office in
Gurgaon. The firm is promoted by Cornell/ MDI educated bankers who
have worked with ABN AMRO, Royal Bank of Scotland, ICICI Bank,
SIDBI etc.
 For Business Enquires – Reach out to us at
Bikramjeet Singh
607-608, Nirvana Courtyard, Tower C, Sector 50, Gurgaon 122018
Mobile : +91 98711 19734
Email : sabacapital@outlook.com