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How solar pv plants are financially beneficial for msmes?

The Government of India recently announced Atma Nirbhar Bharat mission, which is based on the five pillars viz., Economy, Infrastructure, System, Vibrant Demography and Demand. The Micro, Small & Medium Enterprises (MSMEs) will play a crucial role in achieving this mission. With the increase in the number of MSMEs, their electricity requirement will increase.

Therefore, to meet this requirement, rooftop solar is the best possible solution, which will help these industries to become self-reliant as they will be generating electricity on their own. The solar rooftop offers not only environmental benefits but also commercial benefits. The factories can adopt solar PV system as per their need or the area available on their rooftop. For industries, typically the On-grid solar system is recommended, which offers the following benefits:

The total power generated by the solar plant will reduce the electricity bill.
These solar plants run through Net-Metering facility provided by the Discom in which the billing and settlement happen at the end of each month. Any surplus power generated from solar plant will be carried forward to the next month.

Power flow is seamless due to net metering and it does not depend on seasonal variations.
Solar reduces tax liability as adopting solar for commercial sector provides 40% accelerated tax benefit that can be availed in the first year itself. It leads to achieving an early payback period.
Installing solar plants makes the industry self-sufficient as they are producing the electricity that they need. Hence, there will be no concern for an increase in tariff from Discom.
As renewable energy is in trend, adopting solar will create a positive impact on your brand image, making the industry a socially and environmentally responsible business.
As the On-Grid solar plant is connected to the LT panel, therefore the industry can run all their equipment as this system does not require battery backup. Also, the solar plant can be synchronized with Diesel generators hence solar will help to reduce their diesel consumption.

Entrepreneurship in Small and Medium Enterprises

The small and medium enterprise (SME) sector is receiving increasing recognition and, as part of this, its human resources needs is a comparatively neglected area. The course is specially designed to focus on the development of entrepreneurial traits of employess. This will in effect, develop their venture ideas and help them to transform such ideas into real business entity.

The increasing demand for clean sources of energy has lead to a dramatic increase in photovoltaic systems. This training will provide complete awareness and technical knowledge on module designing and economics, installation / commissioning and maintenance of Solar PV plants. They will and study resource assessment, system sizing, project planning, accurate energy yield assessment, best practice in design and installation, detailed feasibility report/DPR preparation, bid preparation and evaluation, operation and maintenance, planning, documentation, and knowledge management.

This course is designed to provide a wide-ranging examination of PV solar energy system from both a technical and commercial perspective. As such, it is applicable to technical and business-oriented professionals working in parts of the energy sector that wish to gain an understanding of the sector as a whole.