Solar Energy project : Improving RoI + Reducing cost (9%)

Opting for Solar energy is a strategic decision whether you are planning for CAPEX or for a 3rd party funded OPEX project. Useful life of a Solar PV project is 20-25 years. A well-engineered and a well-designed project gives quicker RoI and provides (practically) FREE power once the initial payback is achieved.

With 44+ GW of Solar installations till date, projects continue to come up in large numbers across India on rooftop, utility and off-site captive configurations. However, majority of the commissioned projects are not performing up to the mark i.e., they have a PR (Performance Ratio) of less than 75% which directly impacts power generation (kWh / MWp) and therefore the RoI.

Based on our 11+ years of experience in Solar Energy across project types, we have identified major reasons for poor performance which are varied and are generally because of one or more of the following -

1. Poor…