Solar Installation for Factories and Warehouses
In 2021, the industry will account for over 41% of India's energy consumption. Compared to this, domestic consumption was 26% and commercial consumption was 8%.
This energy-intensive industrial
sector also emits a surprising amount of greenhouse gases into the atmosphere.
But in developing countries like ours, industries are the backbone of the
economy. Downsizing operations can have a devastating effect.
To balance two conflicting
objectives, on one hand, to maintain the country's growth and on the other to
move towards net zero goals, the Indian government is pushing industries
towards renewable energy, especially solar energy.
So, let's discuss how solar energy
can benefit the industrial sector and what types of installations consumers can
look for to get the most out of the clean energy source.
Why should factories and warehouses
go solar?
Cost savings – As
industries consume large amounts of energy, their monthly electricity costs are
also high. This increases the overall operating cost of the business.
Solar energy, which is cheaper
than thermal power, allows businesses to generate their own electricity and
make huge savings on monthly bills. Additionally, if the state government
allows net metering, the company can also increase its profits by selling the
excess electricity back to the grid.
Short Payback Period –
Solar energy is a one-time investment. Start-up capital can be easily obtained
within 3-4 years of establishment. After the period, a portion of the consumed
electricity becomes essentially free.
Green Business- Nowadays,
consumers and investors are increasingly attracted to businesses that are
environmentally conscious and sustainable in their operations. This is why many
carbon-intensive businesses have set net-zero goals and are increasingly
investing in renewable energy.
Solar energy, which does not emit
greenhouse gases, is a great way to not only reduce an organization's carbon
footprint but also to build a reputation as a green and progressive business.
Reliable solution – Solar
power plants have an average lifespan of 25-30 years and require no maintenance
other than regular cleaning every 2 weeks. These elements make it a reliable
long-term solution that will continue power operations for a long time and act
as a buffer against power tariff hikes.
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