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Solar Project Capacity

System SizeEnergy/Unit GenerationSystem Cost RsGovt Subsidy Rs
1 kWp Solar4 Units Per Day70,000 /-30,000 /-
2 kWp Solar8 Units Per Day1,20,000 /-60,000 /-
3 kWp Solar12 Units Per Day1,80,000 /-78,000 /-

Solar energy can reduce electricity bills

  • Generating your own power: generate electricity from sunlight, reducing your reliance on the power grid
  • Government incentives: Government incentives can help reduce the initial investment
  • Net metering: With a net metering system, you can sell any surplus energy
  • Protecting against price fluctuations: Solar energy can help protect your budget from unpredictable power price fluctuations.
  • Save Money on Electricity Bills: you can cut down on how much you rely on regular electricity from the grid


Importance of Solar Inverter

A solar inverter is a crucial component of a solar power system that converts direct current (DC) electricity from solar panels into alternating current (AC) electricity that can be used in your home or workplace.
Yes, a solar inverter is the heart of a solar energy system. Solar inverters convert DC power from solar panels into AC power that can be used in your home or injected into the grid.

String inverters

The most common type of solar inverter because they are inexpensive and easy to install. They can be single-phase or three-phase.

Hybrid inverters

Also known as battery-based inverters, these inverters are designed for solar systems that have energy storage solutions. They allow electricity to flow between the solar panels, battery storage, and the electrical grid.

Off-grid inverters

These inverters are more expensive than on-grid inverters.

Grid-tied inverters

These inverters connect your home to the power grid so you can sell excess energy and use the grid as a backup power source.


Solar inverters are important for several reasons:

  • Maximizing energy production: A high-quality inverter can increase the efficiency of a solar power system by up to 20%.
  • Ensuring system safety: Solar inverters monitor the system for faults and failures, and shut down the system if needed to prevent injury or damage.
  • System monitoring and management: Solar inverters offer capabilities for system monitoring and management.
  • Energy storage: Solar inverters enable battery storage integration into solar PV modules, which can help reduce your dependence on the grid and lower your electricity bills.


Solar panel trends and technologies for 2024-25

In recent decades, solar panel technology has evolved significantly, allowing for remarkable innovation. Advances include greater solar cell efficiency, the introduction of new and more abundant materials, advancements in manufacturing techniques, and flexible designs.
Today, solar panel technology has advanced to the point where panels now achieve conversion efficiencies exceeding 20% or even 25%. This means that solar photovoltaic (PV) systems can convert nearly a quarter of the sunlight they receive into clean, renewable energy.

Monocrystalline solar panels

These panels are known to be the most efficient in standard test conditions, with an efficiency of 22-27%. They are dark in color and have rounded edges.

Bifacial solar panels

These panels capture sunlight from both sides, which increases energy production.

Perovskite solar cells

These cells are a promising alternative to silicon-based cells, with lab efficiencies surpassing 33%.


Differences between DCR and non-DCR solar panels

DCR panels meet the Domestic Content Requirement (DCR) policy, while non-DCR panels do not.DCR panels are made domestically, while non-DCR panels are usually imported.

Project eligibility

DCR panels are often used in government projects and incentives, while non-DCR panels are more common in the private sector.

Benefits

DCR panels support local manufacturing and the domestic solar industry, while non-DCR panels may be more cost-effective and offer more flexibility.

The choice between DCR and non-DCR solar panels depends on several factors, including: government policies, project requirements, budget constraints, and long-term energy goals.

You can use a QR code to check the DCR certificate on-site. Once claimed, a DCR cannot be reclaimed.


Battery energy storage (BES) technology 2024-25

Battery energy storage (BES) technology is a vital part of the transition to renewable energy and net zero carbon. BES systems store energy from renewable sources like wind and solar, and release it when needed.

Here are some key features of BES technology:

Battery type:
Lithium-ion batteries are the most common type of battery used for BES, and are generally considered to have the longest lifespan.

BES systems are made up of rechargeable batteries, a control system, a power conditioning system, and a protection system.


Here are some battery trends and technologies for 2024:

Battery chemistries

New battery chemistries are being developed to offer greater stability, density, and shelf life.

Hybrid energy systems

These systems combine solar energy with other renewable sources like wind or hydropower.

Distributed energy storage

A transition from centralized energy storage to a more flexible and portable distributed form of energy storage.

Smart grids

The integration of solar energy storage systems with smart grids allows for real-time monitoring and control of energy flow.

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