Roof Mounted Solar PV Installations

Roof Mounted Solar PV Installations in Mauritius
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Roof Mounted Solar PV Installations
Roof Mounted Solar PV Installations
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Alternative Energy
Business Model Description

Install solar photovoltaics (PV) panels on the rooftops of public buildings and households as small-scale distributers and commercial facilities as medium-scale distributers. Distributers use generated electricity for own consumption and inject surplus in the national grid at the determined tariff by Central Electricity Board (CEB).

Expected Impact

Increase renewable energy share in the national electricity mix and democratize energy generation while reducing carbon gas emission and electricity costs of households and industry.

How is this information gathered?
Updated: 5 Sep, 2022 Date of Production: 1 Sep, 2022
Mauritius
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
Rooftop PV potential at 20.04 GW, with an annual energy output of 32,512 GWh
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Affordable and Clean Energy (SDG 7) Climate Action (SDG 13)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Industry, Innovation and Infrastructure (SDG 9) Sustainable Cities and Communities (SDG 11)

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Sector Sources
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IOA Sources
  • 10) Meeco. Solar Energy in Mauritius. https://www.meeco.net/company/international/meeco-services-mauritius-ltd.-mauritius-. 11) GoSolar. About Us. https://www.gosolar.mu/. 12) Leal Group. Leal Energie Ltd (LE) is a subsidiary of Leal Group. https://www.lealgroup.mu/business-sectors/energy. 13) Moka. Moka, a sustainable city that focuses on solar energy. https://www.moka.mu/en/blog/smart-solutions/moka-a-sustainable-city-that-focuses-on-solar-energy/. 14) Government of Mauritius News. 2019. Home Solar Project: Government to consider increasing the 50 kWh of free monthly electricity. http://www.govmu.org/English/News/Pages/Home-Solar-Project-Government-to-consider-increasing-the-50-kWh-of-free-monthly-electricity-.aspx. 15) Jay Rovisham Singh Doorga, Ryan Tannoo, Soonil D. D. V. Rughooputh. International Journal of Energy and Environmental Engineering. 2020. Exploiting the rooftop solar photovoltaic potential of a tropical island state: case of the Mascarene Island of Mauritius. https://www.academia.edu/45131817/Exploiting_the_rooftop_solar_photovoltaic_potential_of_a_tropical_island_state_case_of_the_Mascarene_Island_of_Mauritius. 16) United Nations Development Programme (UNDP). 2018. Procurement Notices: International Consultant to Undertake Feasibility Study for the Setting Up of a Floating Solar Photovoltaic (PV) Farm in Lakes and Reservoirs in Mauritius. https://procurement-notices.undp.org/view_notice.cfm?notice_id=51608. 17) Solarquarter. December 2021. Mauritius Launches Solar PV Systems for Domestic Customers and Charging of Evs. Mauritius Launches Solar PV Systems for Domestic Customers and Charging of Evs. https://solarquarter.com/2021/12/07/mauritius-launches-solar-pv-systems-for-domestic-customers-and-charging-of-evs/. 18) Grand View Research. June, 2020. Rooftop Solar PV Market Size, Share & Trends Analysis Report By Technology (Thin Film, Crystalline Silicon, Others), By Grid Type (On Grid, Off Grid), By Application, And Segment Forecasts, 2020 - 2027. https://www.grandviewresearch.com/industry-analysis/rooftop-solar-pv-market. 19) Dun & Bradstreet. 2022. Go Solar LTD Overview. https://www.dnb.com/business-directory/company-profiles.go_solar_ltd.426a8add8bbc6d63cb7bb67d01d37c4a.html. 20) Nicolas Richard. November 2021. Africa Energy Futures: Mauritius. https://www.dlapiper.com/cs/czech/insights/publications/2021/11/africa-energy-futures/africa-energy-futures-mauritius/. 21) Statistic Mauritius. 2020. Digest of Environment Statistics Year 2020. https://statsmauritius.govmu.org/Documents/Statistics/Digests/Environment/Digest_Env_Yr20_221221.xlsx. 22) Statistic Mauritius. 2018. A Gender Approach. https://gender.govmu.org/Documents/2020/Statistics%20in%20Mauritius%20A%20Gender%20Approach%20Year%202018.pdf. 23) UNDP. April 2021. Gendered Voices Climate Change Matters: Women Engaged in Renewable Energy. https://www.mu.undp.org/content/dam/mauritius_and_seychelles/docs/gendered-voices-2021/GV%2002%20-%20Green%20Energy%20-web.pdf. 24) Mauritius Central Electricity Board. November, 2021. CEB Solar PV Scheme for Domestic Customers (Households). https://ceb.mu/files/files/Schemes/Information%20Leaflet%20on%20CEB%20Solar%20PV%20Scheme%20for%20Domestic%20Customers.pdf. 25) EMIS. 2022. Africa Clean Energy Solutions Limited (Mauritius). https://www.emis.com/php/company-profile/MU/Africa_Clean_Energy_Solutions_Limited_en_9347341.html. 26) United Nations Department of Economic and Social Affairs. SDG Indicators. https://unstats.un.org/sdgs/UNSDG/IndDatabasePage. 27) Ministry of Foreign Affairs, Regional Integration and International Trade. 2019. Voluntary National Review Report of Mauritius 2019. https://foreign.govmu.org/Documents/2020%20-%20migrated%20data/VNR%20REPORT/Mauritius%20VNR%20Report%202019(2).pdf. 28) Republic of Mauritius. 2021. Update of the Nationally Determined Contribution of the Republic Of Mauritius. https://www4.unfccc.int/sites/ndcstaging/PublishedDocuments/Mauritius%20First/Final%20Updated%20NDC%20for%20the%20Republic%20of%20Mauritius%2001%20October%202021.docx. 29) PV Magazine. December, 2021. Mauritius unveils new home and business rooftop solar programs. https://www.pv-magazine.com/2021/12/02/mauritius-unveils-new-home-and-business-rooftop-solar-programs/. 30) Economic Development Board Mauritius. Renewable Energy. https://www.edbmauritius.org/renewable-energy. 31) International Renewable Energy Agency. January 2018. ADFD Approves USD25 Million for Solar PV Projects in Mauritius and Rwanda. https://www.irena.org/newsroom/pressreleases/2018/Jan/ADFD-Approves-USD25-Million-for-IRENA-Recommended-Solar-PV-Projects-in-Mauritius-and-Rwanda 32) ENL & Rogers Green Ventures. 2021. Summary materials for discussion. 33) Lexpressproperty. 2016. Energy Saving: All You Need to Know. https://www.lexpressproperty.com/en/news-advices/accommodation/energy-saving-all-you-need-to-know.html#:~:text=Prices%20range%20from%20Rs%2090%2C000,study%20to%20the%20maintenance%20contrac. 34) Republic of Mauritius. 2019. Renewable Energy Roadmap 2030. https://www.climate-laws.org/geographies/mauritius/policies/renewable-energy-roadmap-2030-for-the-electricity-sector. 35) Mauritius Renewable Energy Agency. 2018. Renewable Energy Strategic Plan (RESP) 2018-2023. https://www.marena.org/resp-2018-23. 36) President of the Republic of Mauritius. 2020. Government Programme 2020-2024, Towards an Inclusive, High Income and Green Mauritius, Forging Ahead. http://www.govmu.org/English//DOCUMENTS/GOVT%20PROGRAMME%202020-2024.PDF. 37) President of the Republic of Mauritius. 2015. Mauritius Renewable Energy Agency Act 2015. https://mauritiusassembly.govmu.org/Documents/Acts/2015/act1115.pdf. 38) President of the Republic of Mauritius. 2011. Energy Efficiency Act 2011. https://www.cidb.mu/wp-content/uploads/2019/05/ENERGY-EFFICIENCY-ACT-2011.pdf. 39) President of the Republic of Mauritius. 2004. Utility Regulatory Authority Act 2004. https://ceb.mu/files/files/publications/regulations/THE%20UTILITY%20REGULATORY%20AUTHORITY%20ACT%202004.pdf. 40) Republic of Mauritius. 2002. Environmental Protection Act 2002. https://www.mra.mu/download/TheEnvironmentProtectionAct2002.pdf. 41) Corporate and Business Registration Department. 2022. File No C116450. https://companies.govmu.org:4343/MNSOnlineSearch/. 42) Government of Mauritius. 2022. 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