Heavy peak usage & large available area make solar a perfect energy solution for industries
Industrial Solar Power Systems have gained popularity in the world with major industries resorting to solar power for avoiding grid outage situations. With the provision of open access in most of the countries, industrial solar power systems are increasingly used by textile, cement, paper, steel, chemical, dairy and ceramic industries to cut down their electricity expenses.
The high load requirement and large available rooftop area compared to commercial and domestic consumers make solar a viable alternative for industries. Often, the other incentive for many big industries to use ‘industrial solar power’ is to show an increased share of renewables in their energy portfolio and meet their RPOs (Renewable Purchase Obligations). Industrial firms with captive ‘industrial solar power systems also have the option of availing tax benefits, capital subsidiesand other incentives as applicable.