Commercial & Industrial Solar Solutions
Sharp decline in cost of electricity from solar over recent years has transformed the energy choices for various businesses and policy makers across the globe. The practical consideration for various businesses now is to invest in energy technologies that significantly reduce carbon emissions while turning a profit as well.
It’s all about Levelized Cost of Energy (LCOE)
The government use of incentives such as the SBP Financing Scheme and various other exemptions have fueled greater investments in the renewable energy arena. Rapid technological innovations across solar modules, storage and inverters have made a significant impact on reduction of LCOE over time leading to commercial case for solar and allied installations.
Chart Descriptor: Levelized cost of Solar and other conventional energy sources
Source: Reon Strategy Team
Solar coupled with a battery energy storage solution offers greater flexibility and grid independence in delivery of energy while enabling a faster transformation across the energy value chain. The Levelized Cost of Energy (LCOE) has more than halved for battery energy storage systems over the past two years making energy storage’s case far stronger than ever before. Click here to find out how storage is creating an efficient, resilient and sustainable energy system.
Read MoreUnleashing asset performance levels with digital
Our energy analytics manager is helping industries unleash their energy productivity through a mix of analytics, machine learning, and people. Along with a favorable LCOE, on-going asset performance management powered by Reon’s Digital Solutions – SPARK maximizes the annual energy production of your asset. SPARK not only supports your plant’s predictive maintenance, but also minimizes the maintenance costs on-ground.
Sector Analysis
Reon Energy has enabled the transition to affordable, and sustainable energy across the region. Beneath find a view to some key references.
CEMENT
Cement industry is facing increasing energy tariffs and employs high energy intensive fracking process for the final product. With excess land available in industrial estates, solar installation fits very well to significantly improve on energy costs and lower carbon emissions during the process.
Problem
- Grid Power tariff of PKR 15.8 PKR/ Off Peak unit and additional surcharges thus increasing the input cost of cement.
– Power accounts for more than ~30% cost of cement manufacturing.
Solution
– 12.5 MW of solar plant integrated with three different energy sources i.e. Gas, Furnace Oil and Grid (main plant relies on grid)
Impact
– Annual units offset by solar are 19 GWh
– Levelized cost of electricity at PKR 8/Unit; 40% savings vs on-grid
– Annual CO2 Savings of 12,000 tonnes
Read More
CEMENT
Cement industry is facing increasing energy tariffs and employs high energy intensive fracking process for the final product. With excess land available in industrial estates, solar installation fits very well to significantly improve on energy costs and lower carbon emissions during the process.
Problem
- Grid Power tariff of PKR 15.8 PKR/ Off Peak unit and additional surcharges thus increasing the input cost of cement.
– Power accounts for more than ~30% cost of cement manufacturing.
Solution
– 12.5 MW of solar plant integrated with three different energy sources i.e. Gas, Furnace Oil and Grid (main plant relies on grid)
Impact
– Annual units offset by solar are 19 GWh
– Levelized cost of electricity at PKR 8/Unit; 40% savings vs on-grid
– Annual CO2 Savings of 12,000 tonnes
Read More
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We offer energy solutions integrated with digital monitoring and control setup tailored to your financial requirement. Connect with us to co-create energy transition for your business.
Talal Amjad
Talal Amjad
Talal holds around a 10-years of experience in Solar EPC and PPA based investments. His in-depth understanding of renewable energy scenario and diversified experience in multiple sectors such as textile, coal, and steel has helped businesses lead to a net-zero and sustainable energy future.
