Industrial Solar Panels: How Are They a Great Investment to Make?

It is well-known that the industrial sector in our nation is expanding at an exponential rate. But industrial owners are particularly bothered by the high power expenses. Several companies, including those in the cement, chemical, paper, textile, and other sectors, are already using industrial solar panels as a substitute solution to this problem. 

Industrial processes consume a large portion of India’s overall electricity production. This makes the industrial sector of our economy one of the most important sectors. Many firms think that installing industrial solar panels would be the best option due to an increase in public knowledge of their benefits. 

What are the Advantages of Installing Solar Panels in the Industrial Sector?

Similar to how a solar panel system is a fantastic choice for home use, an industrial solar system has many advantages for various companies and enterprises. Here are some of the key advantages of investing in industrial solar panels: 

• More cost-effective than conventional power: Industrial plants need a lot of electricity to keep their activities running smoothly. It results in the payment of substantial bills. The majority of your electricity is generated by the Sun when solar rooftops are installed for businesses. As a result, industrial solar panels can help drop expenses and let profits rise. 

• Reducing Carbon Footprint: Unlike fossil fuel-based sectors, the solar energy sector does not produce carbon emissions or air pollution. It generates no ashes or other waste materials and only utilizes sunlight as an input. 
• No Space Restrictions: Because a solar panel for the industry can be put on the rooftop as well, ground space is typically not an issue. Due to its adaptability in installation, solar rooftop energy the industry is a viable substitute for the high demand for electricity. 
• Low-Maintenance and Fixed-Cost Option: Because solar panels can last up to 25 to 30 years, the solar power sector provides a fixed-cost solution. An industrial solar power plant also requires little maintenance. 
• Returns on Investment: The cost of installing solar panels for industrial use is an upfront expense. With such a setup, businesses can quickly recoup their long-term investment expenditures. The returns soon begin to be repaid. 
• Avail Tax Credit: Businesses that own private industrial solar power plants can also benefit from significant tax breaks through depreciation, capital subsidies, and other suitable financial incentives. 

Things to Consider When Choosing an Industrial Solar Power Plant

The daily average production capacity of a solar plant for industries is known as the solar plant’s capacity. Here are things to look out for: 

• Rating of Inverter: In solar farms and other settings, solar inverters serve as converters that shift direct current to alternating current. An inverter with a high rating is advantageous. 
• Unit Nominal Power of Solar Cell: The market offers various varieties of solar cells with varying nominal powers, ranging from 40W to 550W. You must select a power unit that meets your needs while taking other variables into account. 
• Type of Cable:  Copper cables with a voltage grade of 1800V should be used for DC in order to increase production, while AC cables made of aluminium can be employed. This is a crucial feature to take into account when selecting a solar panel system. 
• Performance Ratio: The solar power plant’s performance ratio should be greater than 80%. Before purchasing a solar panel system, make sure to verify this ratio. 
• Solar Plant Monitoring System: Your industrial solar panel system’s plant monitoring system should use cloud-based monitoring. 
• Payback Period: Also known as the amount of time needed to recoup the initial installation costs, the payback period varies depending on the type of solar plant being installed. People often see the payoff, though, after 4 to 5 years. 
• Operation and Maintenance (O&M): For the creation of useful energy, efficient operation and maintenance, including general and particular checks, are essential. 
• Annual Maintenance Fees: Because there are no moving parts in industrial solar panels, they simply need simple cleaning and maintenance. It usually amounts to 1% of an industrial solar system‘s initial cost. However, it should be taken into account. 

Final Thoughts

Many companies in the country have recently begun turning their attention to the solar energy sector as they weigh the advantages of installing commercial solar panels. Every sector is choosing to go green, whether it be the hospitality industry, the healthcare or technology sector, or government offices. 

Installing industrial solar panels at your location is unquestionably an investment in a better and more prosperous future for both your company and society. So go with us at Luminous and become environmentally friendly! 

We have been a leader in the market because we offer both high-quality and cost-effective solar solutions. You can look through our many high-quality solar panels and choose the one that best fits your needs.