Benefits of solar power

Companies that have already shifted to solar systems in India are reaping its multiple benefits. Some of the highlights are as follows:

Reduced Operating Costs: Installing a solar system is the equivalent of pre-paying for 40 years of energy at just a fraction of what you are currently paying for power consumption. The cost per unit of your current electricity bill is much higher than what you would spend for solar energy, which ensures savings for your business.

Good Return on Investment: Government incentives and the decrease in solar equipment costs makes solar systems in India a sound investment and an excellent financial decision for businesses. Investment in solar power entails long-term savings and quick payback.

Easy Maintenance: A solar system requires little or no maintenance once installed. This further enables you to save on business expenses.

Environmental benefits: Solar power reduces fuel consumption, thus decreasing greenhouse gas emissions. Resorting to this alternative energy source aids combat the issues posed by global warming.

Job creations: Solar companies are helping the youth and the country by creating new jobs. With the increasing demand for solar systems in India, companies are looking for professionals to install and maintain these systems and educate people about the same.

Energy reaches everywhere: Many regions in the country still face an issue with power supply. Installing more solar systems in India will help these regions immensely.

Help achieve the goal of an energy-independent nation: Increased solar systems in India are helping the country fulfill its vision of becoming energy-independent which in turn will help its overall economy.

A Case Study

With ample industry knowledge, top solar companies like Nimbus Solar always encourage businesses to join the solar revolution and enjoy the advantages of this futuristic move.

A case-in-point is Sundeep Traders, a company involved in the manufacturing of plastic pellets, which initially installed a 20KW solar-powered system from Nimbus Solar to control their escalating power costs as well as to do their bit for the environment. The benefits they gained from the solar systems were huge, leading them to install another system of 40KW. Currently employing 60KW of solar power, the company estimates its savings to be approximately Rs 50,000 per month. The company is looking at an ROI within 3.5 years with the tax benefits under government incentives. Further, utilizing the net-metering system, the company is also getting compensated for power generated on Sundays by sending the power back to the grid.

Nimbus Solar – The Way Forward

Currently, major renewable energy companies are focusing on installing more solar systems in India and partnering with other businesses to produce cleaner, greener, and cheaper energy. This vision aims to drive India to become a global leader in solar energy and create a better future for generations.

Nimbus Solar is the solar division of Nimbus, a renowned player in irrigation. With a pan-India presence, the company is a one-stop solution to ensure the best transition to solar energy from conventional sources. It is trusted for its sound industry knowledge, including the various tax exemptions, capital subsidies, and incentives offered by the government. It stands for going green and unleashing the true power of solar energy.

For more details, kindly visit our website www.nimbussolar.in

Reasons India is facing quality issues

Due to low prices, the trend that has prevailed in the country is that of importing PV modules from China, Malaysia, or Taiwan. But low prices come with low quality, which considerably hinders the solar industry in India. With PM Narendra Modi’s ‘Make in India’ campaign, India is working towards developing a dynamic manufacturing market in the solar sector. But the real question we face today is whether the quality of the locally manufactured products meets the required standards. Unfortunately, the answer is not in the affirmative.

This can predominantly be attributed to the inherent attitude amongst Indians to seek the lowest prices rather than the best quality. The bidding process in solar tenders introduced by the Indian government favours the lowest bidders. This has made solar EPC companies work at shoestring margins. They are finding avenues to cut costs to increase their profitability, thereby providing low-quality products. China’s Top Runner policy that prioritizes new technology and efficiency over price should set a solid example for the solar industry in India, which is too focused on low tariffs.

The drive towards cutting costs has also led to EPC companies not offering adequate maintenance of the systems installed by them. In addition, the panel structures provided are of low quality and, more often than not, designed inefficiently. This has led to the systems’ inability to withstand the harsh weather conditions in India.

The solar industry in India has lured many individuals and companies toward the business, but providing quality service is next to impossible without adequate knowledge and technical know-how. Some key factors essential to properly installing solar panels that are mostly missed by EPC providers/installers include – near and far shadow analysis, access to solar radiation, the height of the building, terrain, weather conditions, etc. Several parameters are likely to be variable from one site to another, even in the same geographical area. Therefore it is crucial to plan a solar PV project to suit the site parameters, the knowledge of which can only come through experience and technical excellence, which most of the EPC providers in India lack.

The Government of India has set a target for 40 GW of solar power from rooftop installations by 2022. (1) However, as reported by MNRE, a cumulative capacity of only 1.35GW has been achieved until 31st December 2018. (2) In this desperate attempt to meet targets, along with factors such as price pressure, lack of awareness about the sector and its risks, extreme climatic conditions, and lowest bidder requirements from the government, the quality of the solar industry in India has taken a significant hit.

Nimbus Solar – Focusing on quality

We at Nimbus strive toward providing quality solar systems and transforming the solar industry in India. Our well-trained technicians not only install the panels and the system at your place but also educate you on how to maintain the same. Further, we employ cutting-edge optical technology in renewable and sustainable energy in an original and novel way to deliver autonomous electrical charging systems solutions.

We hope that the highest quality will hold a higher place in India’s future than the lowest bidder.

Website: https://nimbussolar.in/

Reference:

1. https://pib.gov.in/Pressreleaseshare.aspx?PRID=1539238#:~:text=A%20target%20of%20installing%20175,year%202022%20has%20been%20set&text=The%20Government%20has%20set%20a,(NCR)%20by%20year%202022.
2. https://taiyangnews.info/markets/india-25-gw-total-pv-capacity-end-of-2018/

To generate electricity, solar panels require a reference voltage. This reference voltage can be obtained from 2 sources.

1. Grid electricity
2. Battery

The most feasible option, from a monetary perspective, is the use of grid electricity as a reference. This means that when grid electricity is available the solar panels will generate solar power. However, during power cuts, due to the absence of a reference voltage, the generation of solar power will cease as well.

So if you are looking to use solar power during power cuts, you will require batteries, which might turn out to be an expensive affair. However, if your electricity requirements are not very high, then we can work out the feasibility of the use of batteries.

For those of you who are using diesel generators as a backup power source during power cuts, here’s some perspective on the cost-per-unit difference when compared to solar power in India.

One litre of diesel costs Rs. 67, which provides 3 units of electricity. Therefore, 1 unit of electricity through diesel costs Rs. 22.33. Rooftop solar power in India, on the other hand, is much cheaper at approximately Rs. 4-5/unit. Although the initial investment for solar power in India is considerably high, within two to three years it will actually pay for itself. Moreover, let’s not forget the continuous increase in fuel costs over the years. If the price were to increase by 10% a year (which has been the trend), diesel would cost about Rs. 83/litre in 2020 and the cost of power from diesel would be close to Rs. 25/unit!

Learn how to install solar power in India without spending a fortune – Solar PPA

So, everything considered, a generator can be seen as a temporary solution to overcome the inconveniences and effects of load shedding. Installing solar power in India will be a more permanent solution.

Website: https://nimbussolar.in/