siliconindia | | December 201919RENEWABLE ENERGYCOMPANIES - 201910 MOST PROMISING chase agreements are made directly with Independent Power Producer (IPP). Group captive power plant is when a developer sets up a pow-er plant for collective use of many industrial consumers having 26 percent equity in the plant and consumes 51 per cent of the power produced.Roof top solar has two types again ­ OPEX and CAPEX. For Opex, developer invests in the solar power plant. The plant is set up at the client's facility. Clients only ex-pense is the monthly solar bill based on the energy generated, typically at rates 20-40 percent cheaper than grid tariff. There is no Capex and perfor-mance risk for the client. Developer will be responsible for the O&M for the entire duration of the PPA. For Capex, developer requires to install the solar plant and client will take ownership of the asset after purchas-ing it from the Developer. A separate O&M Agreement can be signed.CEO's JourneySharing her experience, Kavitha says, "Flow Energy was born out my pure passion for the field. With the experi-ence I gained, I realised that I could contribute more and this pushed me to create this Flow Energy. As in all nascent undertakings that begin out of passion, I too faced similar hurdles and realized it wasn't easy to build a flourishing entity. Being one of the youngest in the industry it was diffi-cult in the beginning for prospective clients to take me seriously. However, not words, but deeds proved my met-tle. Once the firm was established, I understood one of the biggest chal-lenges was to hire the right people to work with me. Through trial and er-ror today, I'm proud of my staff who are extremely dedicated and passion-ate about the work we do". Currently, Flow Energy's presence is localized within the city and the state, Kavitha intends to move energy interstate in the near future and tap into the mar-kets across the country as grid coali-tion becomes more cooperative. Flow Energy has plans underway to set up its own power plants and look at both parallels of supply and aggregation.When it is your own firm you don't have dedicated working hours. Kavitha too toiled a lot to make this work. As she explains, Kavitha used to wake up in the morning dream-ing about her vision and went to sleep thinking about it. During the day she was working on it travel-ling and fixing meetings with clients and showcasing what she had to of-fer. "You have to push the wheel up the hill before you can ride it down towards your vision and mission", concludes Kavitha.
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