India wants to use clean and green energy, and solar power is becoming an increasingly important part of that plan. A lot of businesses and industries are switching to solar power to cut down on the pollution and money they spend on energy. Putting in a 100 kW solar power plant is one of the best things that businesses can do. In this blog, we’ll talk about how much a 100 kW solar plant in India costs. What sorts of financial incentives does the government offer in the year 2024? What good things does this method do for your business?
What Is A 100 Kw Solar Power Plant?
A significant solar energy system that is able to generate 100 kilowatts of power is referred to as a solar power plant with a capacity of 100 kW. Businesses that have significant electricity requirements, such as factories, hotels, schools, and shopping malls, are the perfect candidates for this solution because it is ideal for medium to large businesses.
Also Read: Expert Tips For Choosing The Best Commercial Solar Company For Industrial Solar Panel Installation
These plants make use of solar panels, inverters, and other pieces of equipment that work together to maximize the amount of sunlight that is captured and converted into electricity. When the conditions of sunlight are favorable, a system of this scale has the potential to generate approximately 400 to 450 units of electricity on a daily basis.
Cost Of A 100 Kw Solar Power Plant In India (2024)
The total cost of a 100 kW solar plant is made up of several parts:
1. Solar Panels: This component carries the highest cost, with each panel being priced according to its wattage.
2. Inverters: Inverters convert the electricity generated by the panels from direct current (DC) to alternating current (AC) for practical use.
3. Mounting Structures: The panels are held in place and ensured stability by these supports.
4. Cabling and Wiring: High-quality wiring facilitates seamless energy transmission.
5. Labor and Installation: Bringing in specialists for your system installation is essential for optimal performance.
6. Other Costs: This may encompass transportation and various minor charges.
Also Read: Solar Power in Manufacturing Industry: Benefits, Challenges, and Cost-Saving Opportunities
In 2024, the overall expense for a 100 kW solar plant without subsidies is projected to be between ₹50 lakhs and ₹55 lakhs (₹5,000 to ₹5,500 per kW).
| Component | Approximate Cost |
| Solar Panels | ₹35-40 Lakhs |
| Inverters | ₹5-6 Lakhs |
| Mounting Structures | ₹2-3 Lakhs |
| Cabling & Wiring | ₹1-2 Lakhs |
| Labor & Installation | ₹5-6 Lakhs |
| Total | ₹50-55 Lakhs |
100 Kilowatt Solar Panel Price List (Approx)
| Model | Approximate Price |
| 100kW On-grid solar system | Rs. 60,00,000 |
| 100kW Hybrid solar system | Rs. 80,00,000 |
100 Kilowatt Solar Panel Specifications
| Key Specifications | Details |
| Key Components | Solar panels, mounting structure, inverter, batteries (optional), cables, fuses, MCBs, distribution boxes |
| Energy Output | 430-480 kWh/day14,400 kWh/month1,72,800 kWh/year |
| Area Required | 600 Sq. Mtr. (shade-free) |
| System Types | On-grid, Off-grid, Hybrid |
100 Kw Solar Panel Price In India With Subsidy (2024)
The Indian government provides financial assistance to enhance the accessibility of solar power. These subsidies have the potential to lower the cost of a 100 kW solar plant by 20-30%, influenced by your location and the specific scheme you are eligible for.
For instance, once subsidies are applied, the overall cost could decrease from ₹40 lakhs to ₹45 lakhs, presenting a more accessible investment opportunity for businesses.
Also Read: Essential Steps To Prepare Your Home For Solar Panel Installation
Explore The 100kw Solar Power Plant Benefits
Here are a few reasons that highlight the benefits of installing a 100 kW solar power plant:
1. Big Savings on Electricity Bills: After installation, the solar plant has the potential to significantly reduce or completely remove your electricity expenses.
2. Environmentally Friendly: Solar power serves as a sustainable energy option that contributes to lowering pollution and carbon emissions.
3. Energy Independence: Implementing a solar power system allows your business to become less dependent on the grid, offering a safeguard against increasing electricity costs.
Solar Subsidy In India For 100 Kw Solar Systems
The government offers financial assistance to promote the adoption of solar energy. These subsidies may be provided by either the central government or your state government. The Ministry of New and Renewable Energy (MNRE) is responsible for managing the main subsidy program. Certain states, such as Uttar Pradesh and Haryana, provide extra incentives to enhance the appeal of solar energy.
Also Read: Understanding Solar Panel System Price In India With Subsidy 2024 For A 1,000-Square-Foot House
Collaborating with a professional Best Solar Company in Lucknow allows you to discover the specific subsidy you are eligible for and the steps to apply for it.
Cost Comparison Of Solar Plants In Different Indian States
The cost of installing a 100kw solar plant can differ depending on the state. Elements such as installation expenses, local government regulations, and sunlight exposure in your area can influence the overall cost. Here’s a brief overview:
- Kanpur and Lucknow (Uttar Pradesh): This area is recognized for its significant solar potential, and the installation costs tend to be somewhat reduced.
- Haryana: A different state is fostering the growth of solar energy by providing attractive pricing options.
Return On Investment (Roi) For A 100 Kw Solar Plant
Solar power systems are appealing to a multitude of businesses due to the fact that they provide a promising return on investment (ROI). For instance, a solar plant with a capacity of 100 kW typically recovers its costs in four to five years as a result of reduced electricity bills. After that period of time, you can enjoy the benefits of free electricity for up to twenty-five years! These can help you comprehend this better:
- Solar power: high ROI
- 100 kW system saves
- Recover cost: 4-5 years
- Cuts electricity bills
- Free electricity: 25 years
Factors That Affect The Cost Of A 100 Kw Solar Plant
Various elements can affect the overall expense of a solar system:
- Type of Solar Panels: Monocrystalline panels offer higher efficiency, though they come at a higher price compared to polycrystalline options.
- Inverter Quality: An inverter of high quality promotes improved energy conversion and enhances the lifespan of the system.
- Installation Costs: The costs for labour and installation can differ based on where you are and how intricate the setup is.
Choosing The Right Solar Installation Company
Selecting the appropriate company for your solar project is essential. Om Solar Solution, solar panel installation in home located also Lucknow, stands out as one of the leading solar companies in India. They provide a comprehensive range of services, including consultation, installation, and maintenance, to ensure your solar plant operates efficiently throughout its lifespan.
Also Read: Comprehensive Guide to 2 kW Solar Systems in Varanasi: Pricing, Benefits, and Installation
Steps To Install A 100 Kw Solar Power Plant
Om Solar Solution is a well-regarded solar company in Haryana, and there are other options in different parts of India that are also valuable to explore. It’s important to review the company’s certification and previous projects to ensure they have a reliable history. To put together a 100 kW solar plant, follow these easy steps:
1. Site Assessment: Do a to see if solar power could work at your place.
2. Permits and Approvals: Get the permits you need from the local government.
3. Installation: Set up the panels, inverters, and wires with the help of a professional.
Maintenance And Lifespan Of A 100 Kw Solar Power Plant
Solar power systems require minimal upkeep, yet it’s beneficial to clean the panels consistently and arrange for periodic inspections. With proper care, a solar system has the potential to last for 25 years or even more.
Government Policies Supporting Solar Energy In India
The Indian government is actively implementing new policies aimed at fostering the growth of solar energy. These initiatives enhance the affordability of solar energy for businesses and contribute to decreasing the nation’s dependence on fossil fuels.
Conclusion
A 100 kW solar power plant offers an excellent opportunity for your business to lower energy expenses while also contributing positively to the environment. Thanks to government subsidies and the durability of solar panels, this investment has the potential to recoup its costs in just a few years. Companies such as Om Solar Solution simplify the process, making it an ideal moment to embrace solar energy.
Contact Us
Brand Name: Om Solar
Call/WhatsApp: +91-9919990945
Email: sales@omsolar.in
Website: www.omsolar.in
FAQs
1. How much area is needed for a 100 kW solar power plant?
Ans: A space of approximately 8,000 to 10,000 square feet is required for a 100 kW solar system.
2. Can I get a loan for installing a 100 kW solar power plant?
Ans: Absolutely, numerous banks provide loans for solar installations with attractive low interest rates.
3. What is the typical maintenance cost for a 100 kW solar power plant?
Ans: The upkeep is minimal, generally amounting to about 1-2% of the overall installation cost annually.
4. How long does it take to install a 100 kW solar system?
Ans: The installation process typically spans 2-3 months, which encompasses obtaining the necessary permits.
5. Is a 100 kW solar plant suitable for small businesses?
Ans: if your business consumes a significant amount of electricity, this system has the potential to lead to long-term savings.