Over the past decade, the cost of adopting solar energy has dropped drastically, making it more accessible than ever. These falling costs, along with the favourable policy environment created by the Indian government, are major reasons why businesses across the country are choosing solar energy over traditional power.
For small to medium-sized businesses, installing a 1 MW solar plant has become a popular option, as it typically generates enough power to cover their energy needs.
But before we dive into the details of a 1 MW system, let’s look at why businesses across India are increasingly choosing solar energy.
Benefits of Solar Energy for Businesses
1. Cost Saving
Solar energy systems are one-time investments that can help businesses save big on their monthly electricity expenses. Moreover, this independent energy generation will act as a buffer against future tariff hikes.
2. Short Payback Period
A business can recover its capital investment in a solar energy system within just 3-5 years through monthly savings on electricity costs. After this breakeven period, the business benefits from almost free, clean energy for many years to come.
3. Low Maintenance
Solar plants hardly require any maintenance apart from regular cleaning sessions. Moreover, most systems are equipped with remote monitoring systems that provide complete system reports and manual troubleshooting capabilities.
4. Improved Brand Image
The average consumer is environmentally conscious in his/her decision-making. Various stakeholders are also gravitating towards brands with a good sustainability portfolio. Thus, switching to clean energy generation goes a long way in helping businesses establish a greener reputation in the market.
5. Durability
A solar power plant is a fixed-cost asset with an average lifespan between 25-30 years. Through this resource, a business gets free clean energy generation for a long time.
6. Lower Carbon Footprint
Thermal-based energy is not only expensive but also incredibly harmful to the environment. Solar is a locally available, clean energy resource that will allow a business to reduce its power-based carbon emissions.
Cost of 1 MW Solar Plant
The cost of a solar energy system depends on multiple factors like the type of panel used, the brand of solar equipment, the location, the type of installation, roof orientation, etc.
The cost will also vary between the type of system one installs. For example, an off-grid system that is independent of the utility grid requires a battery backup system which increases the overall cost.
However, if we consider an average range then it would fall between ₹45-50/Wp. So, the 1 MW system would have an approximate cost of ₹4.5-5 crores.
Energy Generation
In ideal conditions, a 1kW plant generates 4 units in a day. Thus, a 1000kW or 1 MW plant would generate:
4 x 1000 = 4,000 units in a day
4x 1000 x 30= 1,20,000 units in a month
However, it is crucial to note that solar generation can be affected by elements like weather, the orientation of panels, the quality of equipment, location, maintenance, etc.
A solar power plant might generate up to 6 units in a day in sunny weather and as little as 1 unit on rainy days. Thus, it is difficult to approximate the exact generation of a solar power plant.
Incentives Associated with 1 MW Plant
There is no government subsidy for 1 MW capacity. But the Indian government does provide other benefits such as 40% accelerated depreciation on their solar asset in a year, to commercial and industrial consumers. This allows individuals to depreciate their solar power plant at a higher rate and claim tax benefits.
Along with the tax benefit, owners of a 1 MW solar plant can also avail net metering facilities in many Indian states. Consumers can export the excess energy back to the grid and get compensated for it.
Area Required for a 1 MW System
Solar power plants with this capacity are suitable for producing large quantities of power. Due to their size, they are generally installed as ground-mounted systems. Approximately 2.5 hectares (approx. 6 acres) of shadow-free land space is required to set up a 1 MW solar plant.
But. if a business does not have access to this amount of space, they can opt for a solar roof like Ornate InRoof, which provides better area utilization. and can be scaled up to 10 MW capacity.
Ornate InRoof- An Integrated Solar Roof Solution
Ornate InRoof is a roof made of solar panels. The fully leak-proof structure accommodates 26% more panels and eliminates the need for sheet roofing.
Traditional rooftop solar energy systems require approximately 120sqft of area for 1kW installation. The InRoof achieves the same capacity in an area of 65-70sqft and allows consumers to harness the full potential of their roof space.
Be it a new building construction or old roof repair, the sleek-looking InRoof can be an excellent way to use underutilized spaces such as home or office roofs, factory sheds, parking lots, pergolas, etc.
Ornate Solar recently commissioned a cutting-edge 1.45 MW InRoof system for leading steel tube manufacturer APL Apollo. Deployed at the company’s new facility in Malur, Karnataka, the InRoof spans across an area of 87,000 sq. ft.. This advanced solar solution is expected to produce around 2,202 MWh of clean energy each year and reduce CO2 emissions by over 45,000 tons.
Other InRoof Advantage
1. A Special climate-resistant seal guarantees 100% protection against water ingress.
2. InRoof is fully customizable and can be adapted to all roof types and designs
3. The structure comes with one of the longest warranties in the industry.
Project Report: 1 MW Rooftop Solar System for VVDN Technologies
Ornate Solar has successfully completed the installation of a 1 MWp rooftop solar project at VVDN Technologies, a global provider of end-to-end engineering, manufacturing, and digital solutions, located in Manesar, Haryana.
Spanning 78,181 Sq. ft. and equipped with fully automatic cleaning robots, this project is a perfect blend of innovation and sustainability!
Recent 1 MW Solar Installations
Company Name | Location | Size |
---|---|---|
Kinetic Engineering Ltd | Ahmednagar, Maharashtra | 1.9 MW |
Oswal Woollen Mills Limited | Rajgarh, Madhya Pradesh | 1.8 MW |
Arihant Vegoils Pvt Ltd | Latur, Maharashtra | 1.5 MW |
MS Nahar Spinning Mill Limited | Bhopal, Madhya Pradesh | 1.5 MW |
VPS Textiles India Pvt.Ltd | Coimbatore, Tamil Nadu | 1 MW |
How Can We Help?
Ornate Solar is India’s leading solar company with 10 years of experience. By partnering with the best-in-class global solar brands, we bring the most reputed solar panels, inverters, and solar accessories to you and make your shift to solar cost-effective and easy.
We have also developed India’s first Integrated InRoof system- which turns solar panels into the roof and eliminates the need for sheet roofing.
We deliver across India.
For more information, please give us a call at 011 4353 6666.
i am interested in setting up of 1 mw solar farm. kindly guide
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hello
i am intrested in your Inroof solution , i have 5500 sqft area. i want 500kw solar plant. please tell me total cost installation and earning benefits.
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I want to establish 1 mw solar power plant in nearby tehsil garhmukteshwar, distt hapur, uttar pradesh.
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I am interested in setting up a. 2mgw plant and want to know about the procedure
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1MW PLANT IN BEGUSARAI BIHAR. GET IN TOUCH WITH THE EMAIL I PROVIDED. THANKS.
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I m interested for 2 to 3 MW solar power plant.
Already I have agriculture land.
So plz guide to how installation and total project cost.
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I have 13 acre land . How solar farm project net profit after loan interest and subsidiary from govt.
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Am planning for 1 MW solar power plant and have agriculture land.
So plz guide to how installation and total project cost and monthly income (after maintenance cost)
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હું મારી ખેતીની જમીન પર 1 મેગાવોટનો સોલાર પ્લાન્ટ સ્થાપવા માંગુ છું, તેથી મને કેટલાક પ્રશ્નો છે અને સૂચનો જોઈએ છે:
1. શું હું રૂફટોપ સોલાર પ્લાન્ટ માટે જઈ શકું અને ખેતી માટે યોગ્ય જમીનનો ઉપયોગ કરવાનું ચાલુ રાખી શકું?
2. હું ઉત્પાદિત વીજળી કેવી રીતે વેચી શકું?
3. પ્લાન સેટઅપ કરવા અને તેની જાળવણી માટે કેટલો ખર્ચ થશે.
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Manish kumar from Bihar district bhojpur .I want 1 megawatt solar panel plant at naryanpur
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Want to install 1 mw solar power plant having agriculture land
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I want to install 2 mw solar plant in latur district ,so pl describe in detail as like cost, land required and pay back period .
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I want to establish 1MW plant
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i am interested in setting up a 1 megawatt solar plant in Shahdol, Madhya Pradesh. as agriculture commericial purpose
please guide me
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I want to setup a 2-3 MW solar power plant and wants to know the complete procedure. Can you help me?
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I am interested in setting upa 1MGw plant and want to about the charges and subsidy details
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I plan to set up a 2.5MGW solar plant and want to know the procedure. Please HELP !!
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I want to set up 1Mw plant in my agriculture land please guide
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Main 5 mega wat ka solar sanyantra lagwana chahta hun ismein kitni Bhumi aur AVN kitni nivesh ki avashyakta hogi aur क्या-क्या prakriya hai
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I want to setup a 1-2 MW solar power plant and wants to know the complete procedure. Can you help me?
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I am interesting to install 1mw solar power plant in agriculture land
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want to set up 1 MW solar plant on my agriculture land
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We are thinking to set up 1MW solar project in every village of Assam. Can you guide how to setup the project.
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I am interested in setting up solar power plant in agriculture land of 11acres how much capacity does it fit and what is budget estimate for the project
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Iam interested solar power project 1MW
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I am interested in 1 MW ON AGRICULTURE LAND GUIDE ME
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I want to set up 1 MW solar plant on my agriculture land, so having couple of questions and looking for suggestions:
1. Can i go for rooftop solar plant and continue to use land for agriculture which will be suitable?
2. How can i sell the generated electricity?
3. What will be the cost to setup plan and maintenance of it.
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I want to set up 200 kva solar power and need to know the details
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I am intrested in setting up a 1MGW plant and want to know about the procedure
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Good
Muze 1mw solar plant lagana he mp me
Good information provided
હું મારી ખેતીની જમીન પર 1 મેગાવોટનો સોલાર પ્લાન્ટ સ્થાપવા માંગુ છું, તેથી મને કેટલાક પ્રશ્નો છે અને સૂચનો જોઈએ છે:
1. શું હું રૂફટોપ સોલાર પ્લાન્ટ માટે જઈ શકું અને ખેતી માટે યોગ્ય જમીનનો ઉપયોગ કરવાનું ચાલુ રાખી શકું?
2. હું ઉત્પાદિત વીજળી કેવી રીતે વેચી શકું?
3. પ્લાન સેટઅપ કરવા અને તેની જાળવણી માટે કેટલો ખર્ચ થશે.
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I am interested in 1mega watt generation in my agriculture land at govindgarh distt Rewa for kusum yojna kindly guide me how can I go through and tell me about Govt subsidy and Bank finance scheme
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