Industrial buildings, warehouses, and factories are large in terms of roof space and energy guzzling, and hence ideal candidates for solar power. With corporations wanting to reduce costs and their carbon footprint, solar power has emerged as an affordable and safe option. By installing a solar system on an industrial building, industries can run their businesses using clean energy and save costs over the long term.
In recent years, more companies have come to realize the enormous advantages of producing electricity on-site. From saving operation costs to adding to a cleaner world, solar panel installations for factories have changed the industrial face of Gujarat.
This blog explores how factories ought to have solar panels, the expenses associated, and the most suitable solar panels for use in industries, government subsidies offered in Gujarat.
Why Do Factories Need Solar Panels?
Factories consume lots of energy because of heavy equipment, lighting, and continuous running. Placing a solar system on a factory can ensure that reliance on grid electricity is minimized, resulting in future savings. Here's why factories should make the switch to solar power:
Cost Savings: Business solar power systems enable companies to produce their own electricity, reducing energy costs and minimizing dependence on utility companies.
Sustainability Objectives: Utilizing solar power for factories decreases carbon emissions, thus making companies eco-friendly.
Energy Independence: With factory solar power solutions, enterprise can avoid the impact of rising electricity costs and power outages.
Government Subsidies: The various government subsidies and incentives make factory solar installation affordable and return on investment is augmented.
Appreciation in Property Value: A solar system has the capacity to increase the value of a property, hence making it attractive to potential buyers or renters.
Cost of Solar Panels for Factories in Gujarat
The cost of an in-factory installed solar system in Gujarat varies on the basis of various aspects such as system capacity, the model of the solar panel, and other appliances like inverters and mounting frames.
Approximate Estimate Price Range for Commercial Solar Panel Systems:
10 kW Solar System – ₹5,00,000 to ₹6,50,000
50 kW Solar System – ₹25,00,000 to ₹30,00,000
100 kW Solar System – ₹50,00,000 to ₹60,00,000
500 kW Solar System – ₹2.5 Crore to ₹3 Crore
These prices differ depending on system efficiency, government subsidies, and the complexity of installation.
Related Guide: Looking for the Best Solar Panel Company in Gujarat? Explore Ksquare Energy's Solutions
Which Solar Panel is Best for Factory & Warehouse Use?
Factories need high-performance and long-lasting solar panels to satisfy their high-capacity energy needs. The top solar panels for factories are:
1. Monocrystalline Solar Panels
- High efficiency (18-22%)
- Ideal for factories with limited roof space
- Long lifespan (25+ years)
2. Polycrystalline Solar Panels
- Cost-effective alternative with 15-17% efficiency
- Suitable for factories with ample roof space
3. Thin-Film Solar Panels
- Lightweight and flexible
- Ideal for irregularly shaped roofs
For a commercial solar system for factories, monocrystalline panels are often the preferred choice due to their high efficiency and durability.
Government Subsidies for Industrial Solar Installations in Gujarat
The government provides several subsidies to encourage solar adoption in sectors:
Central Financial Assistance (CFA): It is being supplied under programs such as Solar Energy Corporation of India (SECI) and the Gujarat Energy Development Agency (GEDA).
Accelerated Depreciation: Firms can take 40% depreciation in the initial year, lowering taxable profits.
Net Metering Policy: The industries can export surplus energy back to the grid, thus further reducing cost savings.
GST Benefits: Lower GST rates of 5% on solar equipment reduce initial investment costs.
Companies willing to install rooftop solar panels for plants can use these incentives to help their shift towards solar energy more cost-effective.
Read more: PM Surya Ghar Muft Bijli Yojana: Online Application, Eligibility, Subsidies & Benefits
Benefits of Solar Panels for Factories or Industrial Buildings
Lower Energy Bills: Produce free electricity, resulting in huge cost savings.
Low Maintenance Expenses: Solar panels have low maintenance and can serve for decades.
Eco-Friendly: Industrial solar power systems lower carbon emissions considerably.
Tax Relief: Companies receive tax rebates and depreciation write-offs on solar investments.
Power Supply with Confidence: Reduces chances of power deficits and voltage fluctuations.
Long-Term Investment: Solar panels provide consistent energy savings for 25+ years.
See Also: Benefits of Installing Solar In Commercial or Industrial Buildings
Best Solar Panel Installation Services in Gujarat
In making an investment in a factory solar panel installation, selecting the best solar provider matters. A trusted solar panel installation company in Gujarat will provide an efficient system design, quality components, and skilled installation.
Ksquare Energy is a top solar product manufacturing firm in Gujarat that deals in industrial and commercial solar solutions. We provide end-to-end solutions, such as system design, installation, and maintenance.
Why Choose Ksquare for Factory Solar Panel Installation?
Ksquare Energy is a renowned solar firm in Gujarat with rich experience in solar power system installation for industries. The following are the reasons why we stand out as the most suitable for factories to embrace solar power:
Customized Solutions: We carry out an in-depth analysis of the energy need of every factory and develop customized solar power solutions for factories to realize maximum efficiency and cost-effectiveness.
Quality Assurance: We deploy high-quality solar inverters, mounting structures, and solar panels for long-term performance.
Proven Experts: All of our certified engineers and technically proficient personnel possess a long term experience of providing solar panel installations for industrial factory applications.
Government Compliance: We manage all subsidy approvals, net metering installations, and subsidy filings with ease.
Support Post Sales: We offer periodic monitoring, maintenance, and service to keep the system running at optimal levels.
Proven Track Record: With successful installations in Gujarat, Ksquare Energy is the best solar system for factory in Gujarat.
Final Thoughts
Solar investment in the factory is a strategic move that allows businesses to reduce operating costs, achieve their sustainability goals, and gain energy security in the long term. With the right solar system for a factory, businesses can generate clean, green energy while utilizing government incentives as well as future cost savings.
At Ksquare Energy, we believe in offering the finest factory solar panel installation services in Gujarat. Get in touch with us today to see the most cost-effective and high-performing industrial solar power systems for your factory's energy requirements.