In theory, most people understand how solar PV cells create electricity. When sunlight strikes a solar panel, the PV cells absorb it and convert it into an electric charge.
However, numerous uncertainties and issues may emerge when it comes to purchasing a solar system, especially on a commercial basis. For example, are solar panels cost-effective? Where do I begin? Is it beneficial to my business? How long will it continue? And much more. Don't worry; this blog will teach you all you need to know about installing a solar energy system in commercial and industrial facilities.
Let's start with the essential elements.
Why does the business need to go solar?
The primary benefit of solar for commercial and industrial facilities is a significant reduction in power expenditures. Commercial and industrial buildings with high energy requirements include offices, retail malls, factories, manufacturing facilities, and other structures. By upgrading to a business rooftop solar system, you may use the sun's plentiful energy to power most of your activities at a lower cost.
Furthermore, you may take advantage of the government's financial incentives and subsidies, such as the State Bank of Pakistan's solar financing program for businesses going solar.
Going solar will help your company's reputation tremendously. You are perceived as a green, environmentally responsible firm, improving your brand's impression among consumers, shareholders, and the general public.
What is the solar plant's installed capacity?
The area on your rooftop, car parking area and other factors all play a part in determining the installation capacity of a solar plant. Shams Power's design engineers can assist you in determining the energy savings, solar power capacity, and other parameters of your solar structure. You need to enter a few pieces of information, such as your state (region), typical monthly power expenditures, available space in square feet, and kind of connection (commercial or industrial). The design engineer will analyze the input to offer more information on your building's rooftop solar power capabilities.
How much does it cost to go solar?
Yes, Shams Power provides Power Purchase Agreements on the BOOT (Build-Own-Operate-Transfer) model, a one-of-a-kind solar solution in which Shams Power invests in, designs, builds and operates the solar power plant on the client's property. While the customer is required to pay a guaranteed lower price for the solar energy utilized, there is no need for any capital investment or operational bother, assuring savings from Day 1.
What are the additional factors to consider while going solar?
Positioning of the solar powers
Even though you have a large amount of room, you can only use a fraction of it. Numerous factors must be addressed, such as optimal sun exposure, potential physical barriers that may cast a shadow, and other geographical difficulties.
How Do You Choose the Right Solar Partner?
Other than installation prices, evaluating developers' credentials, experience, and industry competence is advisable. Investigate and identify the best five solar power producing firms, then get bids from them. In addition to costs, examine and contrast the services, post-installation offers, operations, and maintenance they are willing to supply in their agreement. Because the organization handles all procedures, you will save time, energy, and money.
With the worsening climate and growing energy expenses, it's time to start with a more environmentally friendly and economically viable choice. Use this guide to get started with solar for your business.
As per the findings of a study conducted by Hexa Research, the total worldwide Solar PV (photovoltaic) installed capacity for 2020 will be more than 480GW.
Key factors contributing to growth are higher global emphasis on clean energy production coupled with governmental support in the form of beneficial policies for development of Solar PV Market.
Sunbelt countries will particularly gain from regulations like Feed in Tariff which is a preferential rate program.Hexa Research foresees falling prices of energy generated using Solar PV in future, chiefly due to huge increase in capacity, especially in China.
The global Solar PV market demands that companies employ innovation and differentiation strategies as a way to grow.
Alliances and partnerships are crucial for gaining competitive edge.Browse Details of Report @ https://www.hexaresearch.com/research-report/solar-pv-industry/Non-residential applications of Solar PV are likely to grow at a CAGR higher than 19% from 2013 to 2020 owing to substitution of conventional energy forms by solar energy in Sunbelt regions.
Hexa Research observed that Utility Solar PV, with more than 44% share in the total installed capacity, was the biggest end use segment in the global Solar PV market in 2012.
