Solar Farm and Solar Farm Services
A solar farm, also referred to as a solar power plant or PV power station is a type of solar energy installation that operates on a larger scale. Depending on the project, various ownership models are available, and the customers that benefit from the solar farm can vary.
There are two primary types of solar technology: photovoltaic (PV) solar and concentrated solar power (CSP). A PV farm uses solar panels to generate a current of solar electricity, while CSP utilizes mirrors to focus sunlight and create steam to power turbines or engines.
Typically, solar farms consist of ground-mounted PV systems located on unoccupied land that is free of shading from trees or other structures. These projects can span anywhere from a few acres to several kilometers, and rooftop solar projects are typically not included.
GSE Renewables offers private solar farm services for commercial and industrial power consumers across India. These services require little to no investment, such as third-party and group captive options, and are priced at a discount to grid electricity tariffs. We, like other solar farm companies, also provide “captive” solutions for those who prefer to own solar parks themselves.
Typical structures of open access group captive solar power projects
01. Developing, constructing, and building :
GSER offers typical structures of open access group captive solar power projects that involve developing, constructing, and building a solar farm with investment arrangements under captive and group captive modes. To comply with group captive norms, a dedicated special purpose vehicle (SPV) is formed with the off-taker for the long term. In a group captive model, the off-taker invests only 26% of the total equity, which amounts to around INR 34 Lakhs/MWp to INR 36 Lakhs/MWp and consumes 100% of the total power generated.
02. Transmission of Power :
The power generated from the solar farm will be transmitted to the grid using a metering arrangement. The off-taker receives the same injected solar power adjustment in their monthly DISCOM bill against their monthly power consumption. Furthermore, the off-taker is not liable for the solar project's performance, project-related coordination with the grid, or any O&M activities and management of the project.
03. Cost Optimization :
Off-takers pay for solar power at a pre-decided solar power rate for a longer tenure. This provides them with substantial cost optimization support to boost their business's bottom line. On average, they can save 15-30% on DISCOM-sourced electricity consumption costs. This is based on the current DISCOM tariff of INR 7.07/unit with a 3% annual escalation for industrial consumers. Off-takers can also benefit from solar in-farm solutions, which allow them to source renewable energy directly from solar farms located in close proximity, resulting in even greater cost savings and energy efficiency.
Types of Farm Solar Systems
Utility-Scale Solar Farms | Community Solar Farms |
Ability to sell their generated electricity directly to utility companies. | Ability to sell their generated electricity directly to customers. |
Designed to increase energy production significantly by utilizing multiple solar panels and maximizing the use of available land or rooftops. | Community solar farms are relatively smaller in size when compared to utility-scale solar farms. |
The electricity generated is either owned by a utility company or sold in bulk to utility buyers through a Power Purchase Agreement (PPA). | Customers have the option to buy a portion of the solar farm and acquire the energy generated by it. |
How Can GSE Renewables Assist With Solar Farm Installation?
- GSE Renewables provides end-to-end solutions for the installation of a solar farm in India, from initial consultation to designing and installing solar panels.
- They also offer comprehensive planning services, assisting customers in navigating the available incentives and regulations that apply to their solar farm project.
- GSE Renewables also provides financing options, allowing customers to overcome the upfront costs of installing a solar energy farm by offering payment plans tailored to their needs.
- Throughout the entire solar farm installation process, GSE Renewables provides continuous support to ensure that customers can get the maximum benefit from their solar panels.
- GSE Renewables offers competitive pricing and financing options for solar panel farm cost, making it easy and affordable for businesses to switch to renewable energy in India.
Solar Farm Project
Solar Farm System FAQ :
What do solar farms provide?
How profitable is a solar farm?
Does solar energy need regular maintenance?
How do you plan a solar farm?
Is 5 acres enough for a solar farm?
What is the running cost of a solar farm?
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