Solar Energy Projects: The Hopes For Tomorrow

Solar Energy Projects in India are one of the fastest growing industries. As of 30 June 2017, the country’s solar grid had a cumulative capacity of 13.11 GW. India quadrupled its solar-generation capacity from 2,650 MW on 26 May 2014 to 12,289 MW on 31 March 2017. The country added 3.01 GW of solar capacity in 2015-2016 and 5.525 GW in 2016-2017, the highest of any year, with the average current price of solar electricity dropping to 18% below the average price of its coal-fired counterpart. – Source, Wikipedia.

India is one of those few countries which have the highest solar electricity production per watt is installed, and continuing to develop the electricity with solar power projects in Tamil Nadu, Rajasthan, Gujarat, and Maharashtra. So, EMMVEE is here to capitalize the market requirements and offer their quality services and products with really genuine prices.

Solar Energy Projects are used for electricity generation that is fed into the grid. Such Solar Energy Projects typically consist of photovoltaic (PV) panels, a DC/AC power converter/inverter, racks, mounting fixtures, and electrical interconnections. Additionally, such Solar Energy Projects could also include maximum power point trackers (MPPT), battery systems and chargers, solar trackers, software for energy management, solar concentrators etc. The electricity generated by EMMVEE is either stored, used directly for self-consumption, or is fed into large electricity grids.

Solar Energy Projects can be categorized into 2 broad categories – Grid Connected and Off-Grid plants. The various modes under which a Solar Energy Projects can be setup depends on the specific requirement. All the following are valid modes and the costs for each kind of system varies based on various factors:

  • Off-Grid Captive Consumption for domestic premises
  • Off-Grid Captive Consumption for commercial premises
  • Grid Connected (Net Metered) Captive Consumption for domestic premises
  • Grid Connected (Net Metered) Captive Consumption for commercial premises
  • Sale of Power generated to local Distribution Company (DISCOM)
  • Sale of Power generated to 3rd Party consumer (Industry or Commercial entity)