Solar Energy

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 :

  1. Save Costs with 100% OPEX / RESCO funding by ENERCO

  2. Go GREEN and Protect Earth

  3. Protect from FUTURE increase in energy prices

  4. ZERO CAPEX & ZERO Maintenance

  5. 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?

  1. 30+ years of combined Solar energy experience focused purely on manufacturing industries.

  2. 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.

  3. Trusted by leading Companies such as Reliance, Vedanta, Ambuja Cement, Emami Group etc to name a few. See our Client section.

  4. Offer the maximum Solar financing model including

    1. OPEX / RESCO / BOOT (100% funding)

    2. Debt funding (70% to 80%)

    3. EMI Model

    4. Leased Model

    5. Deferred CAPEX model (with 100% funding)

  5. 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?


Floating Solar Plants are constructed over water bodies - typically lakes and ponds. They could also be constructued over water reservoirs of coal-based power plants.




Solar Energy cost effectiveness vs conventional energy - is it viable?


Solar Energy Cost Effectiveness Payback Solar Energy is extremely cost-effective as compared to conventional sources of power and other green power sources. This table shows the simple payback for a self-invested or a Capex Solar Power Project which pays back within 4 years and lesser with 40% Accelerated Depreciation as per Indian Income Tax Rules




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. Thanks to the falling costs, Solar Energy (Power) is becoming increasingly viable. With increased awareness about Climate change Solar PV adoption will accelerate at rapid pace in the near future. Solar Energy is better than thermal power?




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. Solar Photo Voltaic (PV) is more popular due to it's simplicity, scalability and straight-forward conversion. Moreover Solar PV can be installed close to human habitat for smaller capacities starting from as small as few Watts on rooftops to multi-MW sized Solar Parks. This is the image of Mumbai's first ever Solar rooftop project installed in 2012 by Enerco. The project is running without any interruptions and giving superior performance as it approaches a decade of commissioning. Solar Energy Photo Voltaic Rooftop Project




Is Solar Energy really green and clean?


Solar Energy is indeed green and clean. The green quotient of a technology is determined by the ENERGY PAYBACK of the technology. This is the time taken by the technology to generate equivalent amount of power in terms of energy-equivalent that was used in production of the technology itself. The energy payback for Solar PV is 2-3 years (shortest in entire renewable technologies) depending on various factors. This means that Solar PV generates 10x or 10 times the power that was used in manufacturing and installing it. Hence it is truly green. And yes it is clean too - it generates no SOx NOx or any other gases while producing power.





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.

 
Social Media Stream
  • LinkedIn
  • Facebook
  • Twitter
  • YouTube
  • Instagram

ENERCO Energy Solutions LLP

Working towards a better tomorrow 

Enerco visualizes a sustainable, connected and an automated world for a better planet and a better human-race through Energy Conservation and Renewable Energy, Industry 4.0 Digital Transformation and Intelligent Automation.

Sustainable development through use of advanced technology is now a reality and a necessity to be achieved by Companies irrespective of their sector or area of operations.

Our Location

  • LinkedIn
  • Twitter
  • Facebook
  • Instagram
  • YouTube

© 2020 Enerco Energy Solutions LLP | Privacy policy | Terms of Use |                                                                                  

Contact Us

53, Maruti Tower,Thakur Complex,

Kandivli (E), Mumbai 400 101

Phone : +91 9890737447

Business Whatsapp : 020 35904874

Site Created by ENERCO Digital