Apricus Energy Solutions Private Limited

Bringing Solar Energy Solutions To You

Authors

Gaurav Metha

Gaurav Metha

Dipankana Rakshit

Dipankana Rakshit

Varsha Bhargava

Varsha Bhargava

Shivdutt Deshmukh

Shivdutt Deshmukh

Aakash Singh

Aakash Singh

Kritika Mundhra

Kritika Mundhra

School

Goa Institute of Management

Goa Institute of Management

Professor

Divya Singhal

Divya Singhal

Global Goals

7. Affordable and Clean Energy

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Summary

Apricus Energy was founded with a belief that there was a need for a specialist in the field of Solar Energy Auditing, On-Grid/Off-Grid & Hybrid Solar System Installation, Solar System Operation & Maintenance, Solar water heaters, Solar Standalone & Centralized Street Lightning System and Training Services by bridging the gap between Technology, Industry and End Users. With its aim to spread the awareness and encourage people regarding the use of solar powered appliances and systems it contributes largely to the United Nations Sustainable Development Goal 7 i.e, Affordable and Clean Energy.

Innovation

With an aim for country wide expansion in near future, currently Apricus Energy operates in Madhya Pradesh. Its registered office is located in Jabalpur and the Corporate office is located in Indore. It was founded in the year 2018. Apricus energy Private Limited uses its expertise in the field of solar power generation to manufacture following products :

1. Manufacture standalone solar street lightning system: High power LED Based Solar Street Lights with stark features as mentioned below:

Easy to install

Surge/lightning protected.

100% short circuit protection

Free from noise, smoke and pollution

Excellent for remote villages Low maintenance

Temperature Compensated Battery charging.

“Fit and forget” device.

2. Manufacture centralized solar street lightning system with the following features:

Centrally Auto On/Off & Dimming

Bad Weather Monitoring

No worry of Shadow on Poles

Grid Charging & Switch Over in case of bad weather

1 Km Working Radius

Easy Maintenance of Battery & Panels

Easy Installation & Maintenance of Entire System

Input/Output Efficiency > 96%

IP 67/IP 65 Fixture or retrofit AC LED’s can be used


3. Manufacture On Grid Rooftop/Ground Mounted Solar Power Projects (3kWp to 500kWp capacity)

Bringing Solar Energy Solutions To You

Inspiration

The founder of Apricus Energy said "When it comes to electricity, people have to pay high prices and still do not get electricity supply for 24 hours. Since the carbon footprint is increasing day by day which is leading to climate change, global warming etc, I thought of coming up with a business which uses renewable source of energy to produce electricity. This will also reduce the depletion of natural resources."

Thus the current environmental conditions and shortage of electricity even after paying high prices by people inspired him to start with this business.

Overall impact

The overall impact is as follows-

  • Reduction in electricity bills
  • Low maintenance and hassle which saves time and cost
  • Alternative source of power production
  • Reduction in carbon footprint
  • Moving towards sustainable development

Business benefit

The objective of business innovation is to build a ‘Green India’ through harnessing abundant solar radiation and achieve energy security for the country. Apricus Energy aims to become the leader in the development of large-scale solar installations, solar plants, and solar parks and to promote as well as commercialize the use of solar energy to reach the remotest corner of India. They target to continuously grow in our innovations and keep exploring new technologies and its deployment in harnessing solar energy.

The current business is focusing on the supply and installation of solar energy solutions. It involves services such as Solar Energy Auditing, On-Grid Rooftop/Ground Mounted Solar Power Project work, Off-Grid/Hybrid Solar Power Projects, Solar System Operation & Maintenance, Standalone & Centralized Solar Street Lighting System, etc. Along with this, they provide training services in the field of solar technology applications. This innovation or the technological advancement in solar energy solutions is the main element on which their business started. Innovations in this field has helped them structure various solar energy solutions. This has immensely benefited the business and the people who are working along, to make this start a success.

Social and environmental benefit

There is no improvement without fueling the vehicle of development. Energy is a key factor for guaranteeing prosperous financial development. Thus access to energy is basic for the prosperity of underdeveloped countries. One billion individuals around the globe live without access to energy. In excess of 781 million individuals in 2016 or 39% of the total populace, don't approach clean energizes and advances for cooking. A number of people utilize little energy, and the little they use is fundamentally served by consuming locally accessible wood on open flames. This is risky in light of the fact that it adds to deforestation, which, thusly, adds to environmental change and desertification.

Apricus Energy believes that the change will come through decentralization. Daylight is accessible everywhere throughout the world; no one has a restraining infrastructure over it. Decentralized structures are required for energy to wind up free from political basic leadership. This fits well with sustainable power sources. Millions of individuals are required to participate in the solar power business to scale up this industry to greater heights.

Solar is a safe alternative that can replace current fossil fuels like coal and gas for the generation of electricity that produces air, water, and land pollution. The use of solar energy will eliminate these unsafe, unclean energy sources and will also reduce its effects. The consequences of using conventional fossil fuels can’t be eliminated completely since the energy needs of the world can’t be fulfilled only by renewable energy sources. However, the constant efforts in reducing the use of energy sources by replacing them with renewable energy will eventually help the world.

Interview

Ajendra Singh, Founder

Photo of interviewee

Business information

Apricus Energy Solutions Private Limited

Apricus Energy Solutions Private Limited

Jabalpur, Madhya Pradesh, IN
Business Website: http://apricus.in
Year Founded: 2018
Number of Employees: 11 to 50

Apricus Energy was founded with a belief that there was a need for a specialist in the field of Solar Energy Auditing, On-Grid/Off-Grid & Hybrid Solar System Installation, Solar System Operation & Maintenance, Solar Standalone & Centralized Street Lightning System and Training Services by bridging the gap between Technology, Industry and End Users.

Interview Video