Industrial Solar Panel Installation for Factories in India – Cost, Benefits & Complete Guide
Installing solar panels is now a viable and affordable option for factories of all sizes and is not just limited to large corporations with vast resources.
In this blog, we discuss why Indian factories are transitioning to solar energy.
What Are Industrial Solar Panels?
Industrial solar panels are high-capacity photovoltaic (PV) panels made to handle the heavy, continuous energy needs of factories and large commercial buildings. They are designed differently from residential systems.
These solar panels are typically larger and have much higher wattage than residential models and are designed to supply electrical power for multiple industrial applications such as heavy equipment, manufacturing processes, HVAC systems, and factory lights. They feature robust mounting configurations and state-of-the-art energy management systems for continuous operation under demanding full-load conditions.
Why Industries Are Switching to Solar Energy in India
In the past decade, the solar energy sector in India has expanded at an astounding rate.
The following factors have influenced this change:
- The increasing electricity cost is directly affecting production costs.
- Frequent grid failures and power interruptions continually interrupt manufacturing schedules.
- Industries are seeking more sustainable solar energy options to meet their sustainability goals and ESG regulatory requirements.
Industrial Solar Panel Installation Process
The main steps of installing commercial solar panels are:
- A comprehensive site inspection and energy audit are carried out to determine the available roof or ground area, shadow patterns, and peak energy consumption.
- Panel selection, inverter sizing, mounting layout, and grid integration options are tailored to the facility's specific needs.
- The procurement process for its parts is carried out through approved vendors, followed by civil works, panel mounting, electrical cabling, and earthing.
- The system is then evaluated for performance benchmarks and handed over with comprehensive documentation and a maintenance plan for the future.
Benefits of Industrial Solar Panels for Factories
Some of the main advantages of industrial panels are the following:
- Cuts electricity costs by 60-90% for factories.
- On-site solar generation eliminates dependence on the grid.
- Reduces the factory's carbon footprint greatly.
Industrial Solar System Cost in India
Industrial solar panel installation costs depend on the system size, the solar panel technology used, and site conditions.
In India, the average cost of a factory is as follows:
The cost of a 50 kW system, suitable for small- to medium-sized systems, ranges from ₹20 to ₹25 lakh.
The price range for a 100 kW system for a medium-scale factory is around ₹35-45 lakh.
The cost for larger facilities (500kW capacity and above) ranges from ₹1.5–2 crore.
Government Subsidies and Support for Industrial Solar Projects
The Indian government has built a strong policy framework to accelerate the adoption of solar power solutions across the industrial sector.
Some of the main incentives that a factory can avail itself of are the following:
Industries can enjoy up to 40% accelerated depreciation on solar assets in the initial year, thereby minimising taxable income and enhancing the project economics.
The net metering policy also enables factories that produce excess electricity to feed it into the grid for additional credits, further reducing the payback period.
Extra incentives for industrial solar installations include state governments' subsidies, wheeling charge waivers, and stamp duty exemptions.
Why Choose AceRenewtech for Industrial Solar Panel Installation?
Our team brings together certified solar engineers, experienced project managers and procurement specialists who have delivered projects across a wide range of industrial sectors.
What's unique about us:
From the initial site survey, system design, installation, and grid synchronisation to follow-up services, we offer a complete range of services under one roof.
Our engineers are trained to work with the most advanced solar industry products available in the market, ensuring that every component we use in your system performs as efficiently as possible while being optimised for durability and safety.
With the assistance of our after-sales team, you can monitor your commercial solar panel's performance in real time, schedule preventive maintenance, and receive dedicated support to ensure the consistent output you've been promised year after year.
Last Thoughts
With proven technology, government support and expert solar EPC company partners available throughout the country, now is the time to act.
Get in touch with our team today for a site assessment and discover the ideal solar energy solutions for your factory's particular energy requirements.
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