SOYO has developed expertise to execute complete Solar PV Power plants project including Design, Engineering, Supply, I&C and Maintenance on turn-key basis for both Stand-alone and Grid Connected PV Systems from conceptualization to completion for ratings from few Watts to Megawatt capacity as per International Standard. SOYO’s main objective in the EPC space is to provide top end quality services, from the initial conceptualization & design stage to the installation & commissioning stage, we deploy, world class solar technology to deliver affordable solar power. A photovoltaic system is a power system designed to supply usable solar power by means of photovoltaic. It consists of an arrangement of several components, including solar panels to absorb and directly convert sunlight into electricity, a solar inverter to change the electric current from DC to AC, as well as mounting, cabling and other electrical accessories to set up a working system. It may also use a solar tracking system to improve the system's overall performance. A Solar Photovoltaic (SPV) system or Solar Power System is one of the renewable energy systems which use PV modules to convert sunlight into electricity. The electricity generated can be either stored in a battery or can be used directly, to feed into a grid line or combined with other electricity sources connected to the system. Solar PV system is very reliable and clean source of electricity suitable for wide range of applications (e.g. in residential buildings, bank, office complexes, industries, or for running pumps for agricultural application etc.) The major component of any solar PV systems includes PV modules, Solar Charge Controller cum Inverter (PCU), Battery and Auxiliary energy sources, like utility Grid, wind and DG if available.
Grid-tied systems are the most common type of solar PV system. Grid-tied systems are connected to the electrical grid, and allow Industries to use solar energy as well as electricity from the grid. Grid-tied systems do not need to produce 100% of the electricity demand for a business. When there is no demand for energy, the solar panels send excess electricity back out into the grid for use elsewhere. When a home or business is using energy, but the solar panels aren't producing enough energy (at night, or on a stormy day), electricity from the grid supplements or replaces electricity from the panels. Owners of a grid-tied system complete a net metering agreement with their utility. This agreement allows utility customers to receive credit for the excess energy they generate, typically credited as a kilowatt-hour credit on the next month's bill. Net metering policies and agreements are different for each utility.
It is possible to install a solar system that is independent of the electrical grid. This is called an off-grid system, and it requires that the solar panels are able to produce enough electricity to cover 100% of the energy needs of the building. Most Industries have higher electricity demand in the evening or at night, so off-grid systems usually incorporate either a battery (to store energy produced during the day), a backup source of energy (like a generator), or both. Off-grid systems are more complex and less flexible than grid-tied systems.
Here are numerous economic benefits of investing in a solar power plant such as 80% accelerated depreciation, Viability Gap Funding (VGF) and various other ROI attractions relating to investments in solar projects, incentives that have been introduced by Government of India, that means you could recover your investment through tax savings in approximately 3 years. We can further elucidate the benefits of investing in solar, such as Tax savings, Renewable Energy Certificates (REC’s) and power purchase agreements, across the country with a one-on-one meeting with you.
Investing in Green Solar Power, you show your concern to environmental consciousness and accountability. Customers, Employees, and Investors are more likely to work with organizations who adopt sustainable practices as part of their CSR responsibilities. Also you are lowering your carbon footprint and helping combat global climate change and reducing our dependence on foreign energy and fossil fuels.
In conventional power plants non-renewable energy sources are used to boil water and form steam so that turbines can rotate and water to produce electricity. But with application of solar energy heat of sun can boil that water to create steam and rotate turbines. To convert sunlight into electricity solar panels, photoelectric technologies and thermoelectric technologies etc. are used.
Use of solar energy is increasing in homes as well. Residential appliances can easily use electricity generated through solar power. Besides this solar energy is running solar heater to supply hot water in homes. Through photovoltaic cell installed on the roof of the house energy is captured and stored on batteries to use throughout the day at homes for different purposes. In this ways expenditure on energy is cutting down by home users.
On roofs of different buildings we can find glass PV modules or any other kind of solar panel. These panels are used there to supply electricity to different offices or other parts of building in a reliable manner. These panels collect solar energy from sun, convert it into electricity and allow offices to use their own electrical power for different purposes.
These lights are also known as day lighting, and work with help of solar power. These lights store natural energy of sun in day time and then convert this energy into electricity to light up in night time. Use of this system is reducing load form local power plants.
It is an electrical vehicle which is recharged form solar energy or sunlight. Solar panels are used on this car that absorb light and then convert it into electrical energy. This electrical energy is stored in batteries used with the car, so that in night time as well we can drive these vehicles.