500 kW Solar Power Plant Cost in Gujarat: Complete Price & Savings Guide
Nov 26
The 500 kW solar power plant is a stable, mid-scale technology that can be utilised in industries, commercial buildings, warehouses, and manufacturing units seeking to reduce long-term energy costs. This commercial solar system is capable of powering the heavy machinery, lighting and day to day operations and save the company a lot of electricity costs. Installing an industrial solar power plant, it assists companies to reduce carbon emission, score higher on sustainability and become energy independent. A 500 kW solar plant is an intelligent decision to make in companies that seek to rationalize the costs of energy and enhance their determination to use clean and renewable energy.
It is significant to understand the price of a 500 kW solar plant because it will be utilized by industries and commercial sectors intending to convert into clean energy. The cost of 500 kW solar plant comprises the equipment, installation, design, testing and commissioning. Other variables that have impact on the ultimate budget include the type of panel, quality of inverter, mounting, brand and site considerations. The average 500 kW solar power plant cost is a higher investment range yet it also provides good long term savings in terms of lower electricity payment and minimal maintenance requirement. In general, the price of a 500 kW solar facility is an attractive investment to companies that are interested in having sustainable and cheap power.
On a normal day, a 500 kW solar system would produce about 2,000-2,500 kWh of electricity in one day & resulting in generating about 750,000-900,000 kWh of electricity per year. It is this that will depend on several factors like efficiency of the panel, the angle of installation, the location of installation, maintenance and shading. Nevertheless, they do not imply that a 500 kW solar system can not deliver a substantial decrease in the dependency on grid power and a decrease in carbon emissions to about 700-900 tons every year.
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The time 3-6 years is needed by most businesses to repay their investment in the electricity rates, cost of the system and the amount of power that these businesses use on a daily basis.
A 500 kW plant is ideal in high efficiency monocrystalline panels and string or central inverters of reputable brands.
Approximately, 50,000 to 65,000 sq. ft. of shadow-free area will be required. Approximately 2.5 acres of pathways are needed in systems that are mounted on the ground.
The average output of a 500 kW system is 2,000 to 2,500 units (kWh) per day, which varies with the sunshine and weather conditions.
Normally, you can’t outages the power of the solar plant, but with the help of an inverter or battery backup help it to work during power outages.
The most common solar panels that come for high voltage systems are High-efficiency Tier-1 monocrystalline (PERC or bifacial).
The life span of the 500kW solar plants is between 25 to 30 years with regular maintenance.