Proven Technology Proven Credits
Proven, Reliable & has a Metric: Apparently proven Technology turns out to be different when we go a little deeper. Thus No Technology is chosen un less we have a very strong track record, back ground data for the right metrics to support it.
Disruptive?: The Price To Performance ratio needs to be be disruptive for a technology to succeed. Disruptive basically means upsetting for the current market players & prices. This is also established early on in the planning stage. Rules of Carbon Credit pricing should be influenced by Banyan's Strategy, Technology & Development Approach.
CDM Compatible: Availability of an Approved CDM Methodology and past experiences of such projects else where in the world become a Good reference in choosing a Technology and has been relied very gainfully.
Product & Process IPR: These are always desirable from a long term competitive advantage standpoint and are built in to Banyan Projects. In areas of Energy Efficiency for Air Conditioners, Biomass Integrated Energy Systems etc. Banyan has its own IPR portfolio, which ofcourse needs to built up further. Where as it relies on Technology prividers' in other cases.
Scaleable Technology & Business: The solution innovated / used is such that it is scale able for Indian markets or Exports markets as the case may be.
Confirm Cash Generation Potential: Business Plan and complete Financial analysis of the project is necessary to confirm whether Technology is going to be affordable and Financially acceptable. This is being followed rigorously.
Hostile Operating or OverStress Conditions: This is very common failure in Technology selection and is being avoided successfully by choosing right components/ Technology.
Affordable Cost of Owner Ship: This has to be confirmed by field data, Customers' feedback and Business Analysis.
MeetingCurrent & Future Needs: Technology that can be upgraded as the market needs becomes complex is highly essential, particularly in the context of Electronic solutions in LFG or Home Appliances sector and this is also being ensured.
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