200kW Solar System
This case study highlights the successful commercial solar installation of a 200kW solar system for Industrial Conveying Australia, a manufacturing facility. The project aimed to reduce energy costs, lower carbon emissions, and provide a favourable return on investment (ROI) for the company.
200kW Solar System Background:
Industrial Conveying Australia, a medium-sized industrial plant, faced high electricity expenses due to its energy-intensive operations. The company had already invested in a 100kW Solar System by another provider, however this was undersized for the amount of grid electricity being consumed onsite.
Committed to sustainability and cost reduction, the company made the decision to invest in a further 200kW solar system with Lumenaus. A comprehensive analysis was conducted to evaluate the solar potential of the site, understand energy consumption patterns, and assess the financial feasibility of the project.
200kW Solar System Design and Commercial Solar Installation:
Based on the analysis, a customized 200kW solar system was designed and expertly installed on the rooftop of the manufacturing facility. The system included high-efficiency Q Cells solar panels, reliable SolarEdge commercial inverters, durable Sunlock mounting system, and a robust monitoring system. Stringent engineering work was undertaken to ensure optimal panel placement, efficient wiring, and compliance with rigorous safety regulations.
200kW Solar System Financial Considerations:
The case study thoroughly examined the financial aspects of the project. Upfront costs, including equipment procurement, commercial solar installation, permits, and associated expenses, were taken into account.
The study explored government incentives and tax credits to offset the initial investment. By considering the system’s energy generation, electricity savings, and potential revenue from excess energy sold back to the grid, the study calculated the ROI and payback period.
200kW Solar System Energy Production and Savings:
Following the commercial solar installation, the solar system generated clean, renewable electricity, significantly reducing the manufacturing facility’s dependence on the grid. The case study provided precise figures on energy production, including monthly and annual production data.
By comparing these figures to the facility’s historical energy consumption, the study highlighted the percentage of energy offset by solar power. It was found that the 200kW solar system produced an average of 240,000 kWh annually, effectively offsetting approximately 50% of the facility’s electricity demand.
200kW Solar System Financial Return on Investment:
The case study conducted a comprehensive analysis of the financial performance of the solar system. It calculated the annual electricity savings resulting from reduced grid dependence, amounting to approximately $40,000 per year. This translated to a payback period of 4.5 years. With the system’s estimated lifespan of 30 years, the study projected a net profit of approximately $475,000 over its lifetime, yielding an annual ROI of 17%.
200kW Solar System Environmental Impact:
The case study emphasized the environmental benefits of the solar system. By transitioning to renewable energy, Industrial Conveying Australia significantly reduced its carbon dioxide emissions, contributing to the company’s sustainability goals. The solar system was estimated to reduce the facility’s carbon footprint by approximately 120 tons annually, highlighting the positive environmental impact of adopting a 200kW solar system.
200kW Solar System Conclusion:
This case study showcased the successful commercial solar installation of a 200kW solar system, delivering substantial energy savings and a favourable financial return on investment for Industrial Conveying Australia, a manufacturing facility. By harnessing the power of renewable energy, the company reduced its reliance on traditional power sources, lowered electricity costs, and made significant strides in reducing carbon emissions.
The findings of this case study serve as a reference for other commercial enterprises considering the adoption of solar power, demonstrating the potential for long-term cost savings, environmental benefits, and sustainable energy solutions. The successful implementation of a 200kW solar system stands as a testament to the advantages of embracing renewable energy on a large scale, supported by high-performance commercial solar panels, efficient commercial solar inverters, and meticulous system design and installation.