Amplus Solar is one of the leading commercial solar systems provider in the country working on the BOOT model.
Amplus Solar is one of the leading commercial solar systems provider in the country working on the BOOT model.
The commercial solar system installation provides the consumer with a hedge against volatile and unpredictable increases in grid tariffs and fossil fuel costs.
It also reduces the reliance on grid supply – multiple constraints including problems in land acquisition, coal and gas shortages, lack of transportation facilities has resulted in Indian electricity generation continually lagging behind demand. Consequently, grid outages are persistent and tariffs are rising. Electricity utilities throughout the country are in a financial crisis and the Government is proposing to make them self-sufficient by increasing tariffs.
The commercial solar power installation also has huge environmental benefits. It will reduce its CO2 emissions by approximately numerous tons over life of the Solar Project. Global warming poses one of the biggest challenges for densely populated countries like India. In such a scenario, it is imperative to harness the use of renewable energy to reduce reliance on fossil fuels.
“Many state governments have started imposing renewable and solar purchase obligations (RPO, SPO) directly on bulk energy consumers”
The Commercial Solar Power system will also enable the consumer to bolster its CSR initiatives. Various studies have shown that use of such measures has a direct positive impact on staff, customers and other stakeholders.
Also, many state governments have started imposing renewable and solar purchase obligations (RPO, SPO) directly on bulk energy consumers and others are expected to move in this direction. The commercial solar power installation helps the consumer meet such regulations without making investment and taking any project risks.