All posts tagged: solar panel Manufacturers

Cost of Solar Panels in India 2023

August 18, 2023 admin Solar Panel No comments

Table of Contents

In a world where energy costs seem to perpetually rise, there’s a glimmer of hope on the horizon – solar panels. They hold the promise of sustainable power, reduced bills, and a cleaner environment. But the first question on everyone’s mind is, “What is the cost of solar panels in India?” Join us as we delve into the intricacies of solar panel expenses in India and know how solar panels really work.

Components of Solar Energy

Solar Energy consists of 4 main components that make the solar panels work:

Solar Panels
Solar Battery
Solar Inverter
Solar Inverter
Stand for Solar Panels
Other necessary accessories

Types of Solar Panels System

Solar Panel System with Battery (Off-Grid System)
Solar Panel System without Battery (On-Grid System)

Types of Solar Panels

Polycrystalline Solar Panels: Traditional & Cost-effective Solar Panels
Mono Crystalline Solar Panels: Highly-advanced, space saving and aesthetic solar panels available in India
Thin-Film Solar Panels : Relatively low-cost and short span solar panels

How to Find the Best Solar Panels for your home and workspace?

Solar Panel Capacity

A crucial factor influencing solar panel costs is their capacity, typically measured in watts. Higher-capacity panels generate more electricity but can be costlier upfront. It’s essential to strike a balance between capacity and budget to ensure your system meets your energy needs.

Pick the Best Brand for Solar Panels in india

The quality and brand of solar panels play a significant role in their pricing. Investing in high-quality panels from reputable manufacturers can result in better long-term performance and durability. While these panels may come with a higher initial cost, they often prove to be more cost-effective in the long run due to their reliability.

Certification & Licences

When purchasing solar panels in India, always look for the ones enlisted in ALMM (Approved List of Models & Manufacturers) and BIS Certified that are the ultimate marks of trust.

Average Cost of Solar Panels in India

Solar panels cost in India begins at Rs 40,000 and can vary as per the quality, capacity, brand and installation dynamics.

Following are some factors affecting the cost of solar panels in India

Type of Solar Panel: The choice between monocrystalline, polycrystalline, or thin-film panels can impact the price. Monocrystalline panels are generally more efficient but costlier.

Panel Capacity: Panels with higher wattage or capacity tend to be more expensive. Consider your energy needs when selecting panel capacity.

Quality and Brand: High-quality panels from reputable brands may come with a higher upfront cost but often offer better long-term performance and warranties.

Installation Costs: Professional installation by certified technicians adds to the overall expense. Proper installation ensures safety and system efficiency.

Government Incentives: Government incentives, such as subsidies, tax credits, and rebates, can significantly reduce the cost of solar panel installations.

Location and Sunlight: The geographical location and local sunlight availability can affect the efficiency of your solar panels, which can influence your overall return on investment.

Maintenance and Operational Costs: Although solar panels have low maintenance requirements, long-term operational costs, including cleaning and potential repairs, should be considered.

Financing Options: The method of financing, whether through loans, leases, or power purchase agreements (PPAs), can impact the overall cost structure of your solar panel system.

Aesthetic Considerations: If you opt for aesthetically customised solar panels or integration into architectural designs, it can increase costs.

Conclusion

Solar Energy System installation is a very important process and it is beneficial only when done by the experts. IB Solar provides you complete professional assistance for installation of your Solar Energy System. If you are looking to install a solar panel, contact a experienced installer to ensure a long life for your long life to your solar panel. IB Solar provides a number of Solar Energy Systems with a wide variety of products. For proper Installation of Solar energy system, it is necessary to contact a experienced installer and get all the necessary products.

How Businesses can take ESG Approach by Going Solar?

August 16, 2023 admin Solar Panel No comments

In today’s ever-evolving financial landscape, investors are no longer solely focused on financial returns. There’s a growing interest in Environmental, Social, and Governance (ESG) factors. These criteria, encompassing a company’s commitment to sustainability, ethical practices, and responsible management, have become crucial considerations for investors seeking both financial gains and a positive impact on the world. This blog aims to provide a comprehensive overview of ESG, its components, and its significance in contemporary investing.

Types of Environmental, Social, and Governance (ESG) Criteria:

Environmental:

The environmental aspect of ESG assesses a company’s environmental policies, energy consumption, waste management, pollution control, and efforts to conserve natural resources. It also scrutinizes how a company deals with environmental risks and compliance with regulations, including emissions management and toxic waste handling.

Social:

Social criteria delve into a company’s relationships with its stakeholders and its impact on society. This includes evaluating employee well-being, community engagement, and corporate philanthropy. Investors appreciate companies that actively contribute to the welfare of the communities they operate in.

Governance:

Governance in ESG examines a company’s corporate governance practices, transparency, and accountability. It assesses the integrity of executives and board members, their diversity, and their commitment to impartial decision-making. A strong governance structure ensures that a company is managed responsibly and ethically.

Pros and Cons of Environmental, Social, and Governance (ESG) Criteria:

ESG criteria have evolved beyond mere social consciousness. They have become tools for investors to identify companies committed to social responsibility and accountability. While some investors may have initially thought of ESG as a financial sacrifice, it has increasingly been recognized as a way to invest in responsible and sustainable businesses.

How Businesses Can Implement an ESG Approach:

In India, the Companies Act of 2013 made Corporate Social Responsibility (CSR) reporting and spending mandatory, marking a significant step toward sustainability. Additionally, SEBI introduced the Business Responsibility and Sustainability Report (BRSR) for the top 1,000 listed companies. This initiative promotes ESG disclosures, addressing significant ESG opportunities, risks, financial impacts, and risk management. India’s efforts to establish a robust ESG framework align with global trends.

There are five guiding principles that can help businesses excel in their ESG initiatives:

Go Beyond Environment: Extend ESG efforts beyond environmental concerns to encompass social and governance aspects.
Develop Tools for ESG Data Management: Implement data management systems to effectively track and report ESG performance.
Prepare for ESG Reporting: Be ready to meet ESG reporting requirements, both mandatory and voluntary.
Measure and Manage Emissions: Focus on emission measurement and management to reduce environmental impact.
Use ESG Communication for Business Edge: Effectively communicate ESG efforts to gain a competitive advantage.

In an era where environmental, social, and governance (ESG) principles are taking center stage in investment decisions, the adoption of solar energy emerges as a powerful means to achieve these targets. Solar businesses exemplify a commitment to the environment through clean energy production, contribute to social well-being by creating local jobs and supporting communities, and demonstrate strong governance by adhering to responsible management practices. By harnessing the power of the sun, businesses not only enhance their financial prospects but also play an active role in making the world cleaner and greener. The path to a sustainable future begins with a single, responsible choice, and solar energy offers a shining beacon towards that brighter tomorrow.

How to Calculate the Roof Top Area Required to Install Solar Panels?

July 13, 2023 admin solar panel Manufacturer No comments

Are you planning on installing a Solar Power Project on your Rooftop but confused about the total Rooftop area needed to install one? Don’t worry; you have come to the right place. This article will give you a quick and easy step-by-step Guide on How to Calculate the Roof Top Area Required to Install Solar Panels for installing a fully-functional Residential Solar Project.

Find out the Number of Solar Panels Required

To find this, You need to go through the Electricity Bills of the last 12 months, in which you will find a column that shows the Electricity Units (kWh) used Every Month.

Once you have the data of the last 12 months, you need to perform the following 3 easy steps:

Firstly, find a Simple Average of all Monthly Consumption of Units by Adding them together and Dividing the total by 12 and you will get your Average Monthly Electricity Consumption (Units per Month) of your House.
Secondly, Divide the above Average Monthly Electricity Consumption (in Units) by Total Units generated by a 1 kW Solar System Per Month, and you will get the Total Size of the Solar Project (in kW)

Don’t get confused about the ‘Total Units generated by 1 kW Solar System Per Month’ As a Thumb Rule, In India, 1 kW Solar System is able to generate 4 Units of Electricity every day. Hence ‘Total Units generated by 1 kW Solar System in a Month of 30 Days’ is 120 Units (30 Days x 4 Units per Day)

Lastly, Divide the Total Size of the Solar Project (in kW) derived in the above step by the Total Size of 1 Solar Panel, and you’ll get the Total Number of Solar Panels (in Nos.) Required.

Generally, the Total Size of 1 Solar Panel is 330 Watts or 0.33 kW. Another thing to keep in mind is that 1kW=1000 Watts.

Let’s again understand this calculation with the help of an Example.

Say, Raj’s House’s last 12 Month’s Electricity Bills show the following monthly usage:
210, 300, 400, 500, 500, 500, 600, 400, 300, 200, 200, 210 (in Units)

Hence,

Total usage in a year (Total of all the Monthly units used) = 4320
Total Units generated by 1 kW Solar System in a Month of 30 Days in India are120 Units
The Total Size of 1 Solar Panel is 330 Watts or 0.33 kW

Accordingly, We will follow the 3 step guide to find the Total Number of Solar Panels required to power Raj’s House.

Average Monthly Electricity Consumption (in Units) = 360 Units (4320/12)
Total Size of the Solar Project (in kW) = 3 kW or 3000 Watts (360/120)
Total Number of Solar Panels (in Nos) = 09 or 9 (Approx) (3000/330)

In conclusion, Raj’s House will require a Solar Plant of 3 kW comprising 9 Solar Panels of 330 Watts each.

Find out the total Rooftop Area Required to install these Solar Panels

One Solar Panel of 330 Watts has a Standard Surface area of 20.86 sq. ft. approximately
Hence, you only need to Multiply the Surface Area of one Panel with the Total Number of Panels required for your house, and you will easily get the Total Rooftop Area required to install your Residential Solar Power Project. This area should be a Shadow-Free area, which means that it should receive direct sunlight for at least 5 hours during the day.

In the example of Raj’s House, he will need a total Rooftop Area of 187.74 sq. ft. (20.86 sq. ft. X 9 Panels)

This is the area, which is assumed as panels installed back to back and side by side to each other. However, in practical the installation is different. Practically, we have to leave the space between rows and columns of solar panels so that solar panel can be easily cleaned and for maintenance work also, there should be some space left to access the solar plant.

As a rule of thumb, we can install 1 kW of solar panels in 100 sq.ft of shadow free area on a RCC roof.

Therefore, area required for 3 kW of solar plant=3*100 sq ft=300 sq ft Now that you have understood the calculation of the estimated area required for your installation, you can accordingly proceed with your New Rooftop Solar Project. Get in touch with IB Solar to get these systems installed. Visit www.ibsolar.co.in for more information.

Factors Affecting Solar Generation & your Savings

July 12, 2023 admin Solar Panel No comments

Over the past few years, solar panel power generation efficiency has grown tremendously and adopting solar has become a very profitable investment.

But the actual power generation and savings from your solar system depend on many factors, all of which one needs to consider while analysing the claims regarding the system’s efficiency, savings, and long-term benefits. A lot of individuals don’t know what influences the output of a solar power system.

At IB Solar, we always strive to educate our customers and help them make a truly informed decision when it comes to installing a solar system. Let’s delve into detail about the major factors that drive and affect solar energy output today. By being aware of these aspects, you will be able to make better purchasing judgments.

Weather condition

Many of us mistakenly believe that higher temperatures equate to better solar panel performance, but this is simply not true. High temperatures cause a drop in voltage and a reduction in overall power because solar cells have negative temperature coefficient. Even though solar panels are kept at a constant temperature of 25° C, the actual outdoor temperature can be much higher or lower than that.

Consequently, if the temperature goes above 25 °C, the output of 0.4-0.5% for crystalline cells, respectively. Summer days can frequently reach higher temperatures, which means that solar panels will produce up to 25% less power than they would at lower temperatures.

There are other points to consider as well. Solar panels remain exposed to wind and lightning for a lengthy time, causing the solar cell to suffer. The photoelectric conversion efficiency of solar panels can be affected by a variety of environmental elements, including light, wind, temperature, and others. Some of these factors may even harm the solar panels’ functions and structures. When designing a solar power system, it is essential to gather all of the relevant meteorological and environmental data.

Shading

The solar system’s ability to generate electricity will be reduced if the solar panel is covered by full or partial shading. The shading of the building to the solar panels and the self-shading between solar panels must be taken into account while determining the spacing of the solar panel arrays.

The current flow in a solar power system is influenced by the shading of solar cells since the cells in a solar panel are wired in series. All other panels will be affected by the partial shade of one panel if that panel is wired in series (as in a string). If possible, avoid installing solar panels in shaded area to mitigate this problem.

Location

The amount of annual sunshine varies from place to place. In developing a cost-effective solar array for your use, determining the amount of solar radiation received at your site’s location can be determined by the data of latitude, longitude, time and local weather.

Your solar panel’s output will fluctuate seasonally, so remember to include it in annual production.

Roof orientation

The solar panels’ inclination should be actively modified in response to seasonal, latitude/longitude, and daylight-saving-time shifts. It must face the sun in the proper direction if you want to get the most out of your solar panels. Positioning your solar panels on a roof facing true south, and at a tilt angle as per requirement , will yield the best results in terms of energy production and savings. Solar panels produce the most electricity when placed exactly perpendicular to the sun: in many cases this angle equals the latitude at which you live.

Panel’s cleanliness

Photoelectric power conversion is directly related to the cleanliness of solar panel surfaces. Rainfall, snow, dust, and sandstorms, to name a few environmental conditions, can reduce the effectiveness of solar modules, thus they should be cleaned regularly.

It depends on the location of solar plant and the type of dust which is accumulated on the modules. Accumulation of dust particles on solar PV systems blocks the sunlight and hence reduces its power to a large extent. Dust from different fields such as constructional sites, agricultural land and industrial areas will affect solar systems. It is best to clean the solar panels once every two weeks, however the frequency of cleaning depend on many factors.

Considering all these factors, we must bear in mind that even the most efficient solar panels can be adversely affected by environmental conditions, even with an adequate design, if the aforementioned considerations are not addressed. Saving money on your utility bills is one of the primary reasons you’ve chosen to go solar. Hence, we at IB Solar, help you address all these factors in the right manner and optimise the output of your solar system.

IB solar and Sofar solar are now approved makes in OREDA

July 10, 2020 admin Global News, Ib Solar News No comments

We are proud to announce that IB solar and Sofar solar are now approved makes in OREDA.

Odisha Aims To Produce 1,500 MW Solar Power By 2022

The Odisha government has set a target to enhance solar power production capacity to 1,500 MW by 2022, said an official on Monday.

Reviewing the progress made so far, chief secretary Asit Tripathy directed Green Energy Development Corporation Ltd (GEDCOL) to bring out a detailed work plan for the production of commercial solar power in the state.

He directed to adopt the latest technology for reducing the cost of production per unit of solar power.

“The state needs to produce 1,500 MW of solar power by the year 2022 to meet the renewable power obligation (RPO). The state is now able to produce the solar power at a competitive price of around Rs 2.71 per unit and hence it is commercially feasible to ramp up commercial production through GEDCOL,” informed GEDCOL Chairman Bishnupada Sethi.

As of now, around 474 MW on-grid solar power plants have already been installed through GEDCOL and OREDA.

GEDCOL has set up plants of 362 MW through both the public and private investments. Similarly, OREDA has installed on-grid capacity of around 112 MW. In addition to this, OREDA has projects of 460 MW capacity in the pipeline.

It was decided in the meeting that GEDCOL would develop 275 MW capacity solar park at four locations in Sambalpur and Boudh district and, 500 MW capacity floating solar projects over large water reservoirs in partnership with NHPC.

Sethi appraised that GEDCOL has expedited steps for 19 MW capacity on-grid rooftop solar plant and 8 MW ground-based solar plants at different places.

The proposal for removing the present MW limitation for OREDA also received in-principal approval of the meeting.

Ref Link : https://odishatv-in.cdn.ampproject.org/c/s/odishatv.in/odisha-news/odisha-aims-to-produce-1500-mw-solar-power-by-2022-460750/amp