Solar Energy has evinced considerable interest in the recent past, thanks to it's high green energy quotient - perhaps highest among all the other green energy peers. Although it has been use for quite a long time, Solar PV (Photo Voltaic) has recently gathered momentum. The first MW-scale Solar PV plant was installed in Lugo, California in 1982.
But the question comes why has Solar become so important now? In it's quest to achieve worldly comforts mankind has exploited the Earth's resources at a much faster rate than ever. Fossil fuel reserves, which were estimated to last 150+ years, have nearly halved in the last 2-3 decades sending alarm bells ringing. Today, energy is as important as food to mankind as Economies and Countries can come to a standstill.
Know more about Solar Energy in our Solar Energy FAQ section below.
Climate change, considered debatable by a few, is considered a grave problem by majority of the global population and environmentalists alike. In fact millennial consider Climate change as the biggest problem facing the world today, bigger than unemployment and economic depressions.
The need to opt for renewable energy has never been as important as it is today. Renewable sources of energy ensure sustainable development while ensuring nearly zero harmful impact on the environment. Solar Energy is emerging as the top choice and leads as the obvious choice for the many benefits it offers. In addition to being net-energy-positive it also has several commercial benefits to make a strong business use-case.
Solar Photo Voltaic (PV) makes tremendous business sense for Industrial and Commercial use. This is because of higher grid tariff, availability of un-utilized roof space and nearly zero O&M costs. Of course, the most significant factor for rise of Solar power is the significant fall in cost of PV technology. This is also reflected in consistently falling Solar tariffs in the last 5 years and has now stabilized.
Solar Energy BENEFITS :
Save Costs with 100% OPEX / RESCO funding by ENERCO
Go GREEN and Protect Earth
Protect from FUTURE increase in energy prices
ZERO CAPEX & ZERO Maintenance
Improve your Company's image
Solar Energy is a complex subject - easier to implement but difficult to understand. Solar Photo Voltaic (PV) projects installations started in India since 2010-11 but gained momentum since 2015-16. Primarily attributed to fall in cost of PV prices, increase in utility costs and improvement in technology.
Solar Energy is undertaken a as a strategic sustainability initiative and not just another project. It is therefore imperative to understand the various approaches beforehand in financing, technology and project configuration. Useful life of a Solar PV project is 25 years with relatively predictable output considering degradation.
We at Enerco have been working closely with Off-takers, Solar Power Developers, EPC and Investors to develop robust and reliable Solar Power Projects since 2009. Contact us know how Enerco helped an auto component manufacturer by saving 10% on their production cost through Solar OPEX / RESCO project with 100% funding by Enerco.
Our first project was installed in Mumbai in 2011-12 and still continues to function like a charm. Our services and solutions include Pre-project Consulting, Financing, Execution and Post-project Performance Improvements of Solar Power Project. Do check out our services & solutions. We would be glad to get on a free no-obligation call with you.
Why ENERCO for your Solar Energy Project?
30+ years of combined Solar energy experience focused purely on manufacturing industries.
One of the oldest Solar energy Companies in India with first installation in 2011 and 75+ Solar energy assignments across India, Middle-East and Africa.
Trusted by leading Companies such as Reliance, Vedanta, Ambuja Cement, Emami Group etc to name a few. See our Client section.
Offer the maximum Solar financing models + Project configurations including
OPEX / RESCO / BOOT (100% funding)
3rd Party Open Access
Debt funding (70% to 80%)
Deferred CAPEX model (with 100% funding)
We offer onsite captive, offsite captive & group-captive Solar Power project to meet any of your requirements.
In Open Access we are coming up with (shovel-ready) 20 MWp PV Solar Project in Maharashtra near Nashik which offers best Solar Radiation to maximize your RoI. We are offering power under all 3 models i.e. 3rd Party OA OPEX, Group Captive and Captive.
Make sure to check out our videos on Solar Energy.
Solar Energy FAQs
How big is Kamuthi Solar Power Plant?
Kamuthi Solar Power plant, located in Ramnathapuram in Tamil Nadu is spread over 2,500 acres and is one of the biggest Solar parks in India.
Floating Solar Plants - what are they?
Solar Energy cost effectiveness vs conventional energy - is it viable?
Solar Energy - is it better than thermal power?
Solar Energy is definitely better than Thermal power in terms of green energy quotient. There is no fuel buring and hence no SOx NOx emissions. Moreover Solar PV (Photo Voltaic) requires no water for operations and negligible water for maintenance.
What is Solar Power?
Solar power is the use of Solar energy to generate electrical power or electricity. The 2 ways to generate Solar Power is by using either Solar Thermal energy or by the use of Solar Light (Photo) energy.
Is Solar Energy really green and clean?
Solar Energy is indeed green and clean.
We frequently update our Solar Energy FAQ with the latest information on Solar Energy Technology, Financing, R&D etc. If you wish to get a specific query answered, simply contact us and we would be glad to assist you.