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Top Corporations Going Big On Solar Power

By February 24, 2019 No Comments

Top Companies like

Hero Motocorp & Tata Motors

With India being the world’s third largest producer and fourth largest consumer of electricity, going solar had long been viewed as an environmentally responsible energy choice for many businesses. However, businesses now have more reasons to go solar, one of them being a smart cost-saving choice.

Spurred by increased investment in the solar sector and an ambitious plan by PM Narendra Modi’s government. To produce as much as 100 GW by 2022 from the current solar power generation capacity of 9 GW, major companies are going for solar. This shows that the country’s most energy utilizing sectors are now ready to adopt low-cost and clean power alternative.

Green Manufacturing has been at the heart of one such big gun of the two-wheeler industry – Hero Motocorp. To extend these high ecological standards and give back to the environment, the company’s R&D division – Centre Of Innovation & Technology (CIT) went for On-Grid Solar Rooftop Systems. On – Grid System offers the benefit of better efficiency rates and is simple to be installed. This solar project had been successfully undertaken by Lume Solar, a company specializing in solar rooftop installations. As a result of this step towards Green Manufacturing, Indian Green Building Council (IGBC) granted the center a platinum rating of 91 points, making it the highest rated facility among the manufacturing sector in India.

A similar solar rooftop project had been undertaken by Lume Solar for another big name in the automobile sector – Tata Motors. By joining the RE100 initiative, Tata Motors has committed to source 100% of its electricity needs from renewable energy sources — an impressive task. The brand “Tata” has always believed in giving back to the society and environment and with this initiative, it is in the “green” way.

Pipara & Company is a leading CA Internal Audit and Corporate Consultant firm based in Ahmedabad. It became the first company in Gujarat to have installed net metering along with the on-grid solar rooftop installation, with the help of Lume Solar. Net Metering allowed them to put the excess electricity generated by solar panels onto the utility grid instead of storing it by themselves with batteries. In simple language, the energy you don’t use gets sold back to the utility company in return of credits.

Lume Solar also provides Live Energy Tracking System to all their clients enabling them to keep a track on the electricity generated through the solar panels installed. Apart from the solar rooftop installations, the company also specializes in solarisation of petrol pumps. Lume Solar has to its credit solarizing petrol pump units of some major oil marketing companies.

Rooftop solar will continue its spectacular growth trend in 2017, expected to reach 1.1 GW of rooftop solar capacity to be added in 2017. With the right government policies in place to encourage solar energy application, this renewable source of energy will continue to play a crucial role in the growth of India’s economy.

It is increasingly evident that solar is a smart business decision wherever your business may be. So, are you ready to turn to the sun to power our future?

Get a free consultation on Solar Rooftop today!

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