[vc_row][vc_column][vc_column_text]Pakistan’s Commercial and Industrial Sector relies heavily on non-renewable power sources such as diesel and coal to fulfil their electricity needs. However, the non-renewable energy is costly and non-sustainable when it comes to handling daily operations. Furthermore, the low-reliability issues and heavy carbon emissions concerns make it a non-desirable choice, especially for those businesses who want to be competitive in the local and international markets.

Going solar is one of the wisest decisions any business can take in current times. Not only will they follow SDG 17 (sustainable goals), which gives a positive impression while dealing internationally, but they will also cut down on greenhouse gases.

Pakistan is blessed with an excellent solar energy potential ranging from 1500 to 2200 kWh/m2/ year and is ranked 6th in terms of having good solar potential. Hence, with this potential, it is highly beneficial for businesses to go for solar energy instead, especially if the Solar Plant installation and operation management is FREE OF COST.

In this blog, we will discuss how businesses and organizations can get a solar power system without paying any upfront investment. Apart from that, you will also learn how a zero-investment solar power setup operates under the BOOT Model.

Shams Power BOOT Model

We offer BOOT Model services to our clients under the Power Purchase Agreement. In this agreement, we install a free customized solar plant as per our client’s needs, and the client pays for the produced electricity under a decided tariff rate (as per the PPA contract).

Our Build-Own-Operate-Transfer (BOOT) model works as a catalyst to alleviate Pakistan’s ambitious clean energy projects. Our dedicated engineering, design, finance, and procurement teams tirelessly work together with our customers to deliver customized turnkey solutions. We ensure to make solar energy more approachable to our clients by making solar power a more feasible and pragmatic choice in renewable energy solutions.

Basic Features of BOOT Model

• No Capital or Financial Investment: Solar Plants are installed for free at the premises without any installation cost.
• No Maintenance Cost: Shams Power is responsible for designing, maintaining, procuring and installing solar plants.
• No Risk: There is no risk involved as Shams Power directly handles all the technicalities. A client only has to pay for electricity produced at a discounted rate.

Why Businesses should opt for the BOOT Model:

Apart from zero investment, it allows a strategic partnership with the client, helping them to lower their power cost, resulting in additional lower tariffs. Our dedicated team ensures to follow all precautionary measures as per ISO standards to maintain an optimum performance under the right conditions. Furthermore, we use advance solar technology to provide the most efficient solar solutions which are sustainable and eco-friendly.

Solar for Zero Investment: PPA Agreement

Under the PPA agreement, the clients get to enjoy discounted electricity as compared to local grid rates for a selected tenure. The agreement generally lasts for 25 years, under which clients enjoy all the lucrative benefits of solar systems.

Three types of solar solutions are covered under the PPA agreement. Rooftop, Carport and Ground mount solar solutions. A client can pick any of these, but it mostly depends on the space available, which can look pleasing to the eyes and produce maximum energy.

Shams Power: Leading Solar Energy Provider

In our journey spanning over half a decade, Shams Power takes pride in successfully operating 30+ MW of distributed solar projects for many renowned corporates of Pakistan, efficiently utilizing their rooftop, carport, and ground areas. As part of our growing client portfolio, we effectively serve large Retail, Wholesale, Food Processing, Educational, Automobile, Hospital, and Manufacturing industries all over Pakistan. Our valued clientele includes METRO Cash & Carry Pakistan, Coca-Cola, Mondelez, Hyundai Nishat Motors, Packages Mall, AkzoNobel, Shifa Hospital, Government Collage Lahore (GCU), Hilal Foods, and many more.

We provide you with an end to end solar solution. We specialize in rooftop solar power plants for on building rooftops, car parks, and open spaces within the premises on Build Own Operate Transfer (BOOT) basis and is an end-to-end solution provider – including Design, Engineering, Procurement, Construction, Monitoring, and Maintenance.

Are you considering Solar PPA to become energy independent? Click here and contact your expert.[/vc_column_text][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]ISLAMABAD: The United States Agency for International Development (USAID) on Monday signed a memorandum of understanding (MoU) with three Pakistani firms aimed at raising $53 million foreign direct investment within the next 9-12 months.

The MoU was signed during the “Investment and Climate Summit”, organised by the USAID under its Investment Promotion Activity (IPA). The three Pakistani firms with whom the MoU was signed included Shams Power, Walee Technologies, and Al Hadeed.

The MoU is set to raise $53 million FDI within the next 9-12 months.

The Summit also underscored the US government’s commitment to fostering foreign direct investment (FDI), elevating bilateral trade between Pakistan and the US, and addressing Pakistan’s climate change challenges.

While expressing gratitude to the US government, caretaker Federal Minister for Commerce Gohar Ejaz stated that the USAID has been a partner in assisting Pakistan in the development sector and this support is greatly appreciated. He said that the government of Pakistan is committed to establishing a conducive environment for investment, nurturing innovation, and streamlining trade processes.

He said that the Summit is a testament to the tangible outcomes of the robust partnership between Pakistan and the US, focusing on increased FDI and enhanced bilateral trade relations.

Currently, he added that the country’s trade deficit is $20 billion. He said that if 20,000 small investors and entrepreneurs make US$1 million exports annually, the trade deficit of the country could be eliminated in one year. He said that the country’s top 100 companies make exports of US$20 billion while the rest of the other exports $10 billion. He further stated that the government is focusing on the promotion of the 20,000 small investors.

“Pakistan has a small economy. We are trying to cover our deficit by increasing exports,” he said, adding that the country’s agriculture and non-traditional items contributed a lot to the national economy. He also invited foreign investors, especially from the US to invest in Pakistan.

Speaking on the occasion, USAID’s Mission Director Kate Somvongsiri stated that the Investment and Climate Summit reflects the United States’ unwavering commitment to supporting Pakistan’s economic endeavours.

“Through initiatives such as the Green Alliance Gaming Challenge Awards, USAID Grants, and development of the Pakistan Investment Guide, we aim to cultivate a resilient economy, attract FDI, and deepen our bilateral trade relations,” the USAID’s Mission Director said.

A key highlight of the summit was the USAID Green Alliance Gaming Challenge Awards, which celebrated the innovation of Pakistani game developers. Their creation raises awareness about critical climate issues and contributes to the country’s growing gaming industry.

The USAID’s Mission Director Somvongsiri handed over the “Pakistan Investment Guide” to Secretary Board of Investment Sohail Rajput. Through USAID’s assistance, the “guide to start investing in Pakistan” will serve as a strategic tool to attract investment, foster economic development, and strengthen the US-Pakistan bilateral trade relationship.

The event witnessed the presentation of grant completion certificates to Pakistani firms that successfully implemented USAID grants, showcasing the efficacy of these initiatives in facilitating economic partnerships and attracting FDI.

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[vc_row][vc_column][vc_column_text]GuarantCo and Bank Alfalah provide Shams Power with a PKR 1.5 billion (c. USD 5.2 million) finance solution to invest in small solar plants in Pakistan

GuarantCo, part of the Private Infrastructure Development Group (PIDG), and Bank Alfalah have provided Shams Power with a PKR 1.5 billion (c. USD 5.2 million) finance solution to support the construction of 10 MW of small rooftop and ground mounted solar plants at commercial and industrial sites across Pakistan to reach grid connected businesses.

Shams Power is an established distributed solar developer with a total of 27 projects and an installed capacity of 25 MW across Pakistan. Eighteen projects with a capacity of 21.2 MW were completed and became operational under the first phase of the PKR 2 billion (c. USD 11.3 million) facility provided by GuarantCo and Bank Alfalah in December 2021.

The finance solution of PKR 1.5 billion (USD c.5.2 million) of senior debt provided by Bank Alfalah is 75 percent guaranteed by GuarantCo. The proceeds will support the construction of an additional c. 10 MW of solar projects across Pakistan. The second phase seeks to largely replicate the success of the first transaction working closely with the same transaction partners including Bank Alfalah and Capital Resource.

Shams Power helps reduce carbon emissions and has a positive impact on mitigating climate change, through the provision of clean, sustainable solar power. Both transactions will make a further contribution to the transformation of the rooftop solar market in Pakistan by demonstrating the ability for rooftop solar providers to access debt funding and scale up. This will allow the unlocking of more solar potential and help build the capacity of energy and financial regulators in this area. It will also create a supportive and practical regulatory and financial framework whilst building the capacity of banks that are new to this asset class.

The financing solution will support solar projects across Pakistan, which will reduce reliance on the grid, save an estimated 10.2k of CO2 emissions per year, and contribute towards progressing the Sustainable Development Goals (SDGs) in the country. The transaction will make a direct contribution to SDG 7: Substantially increase the share of renewable energy in the global energy mix and SDG 13: Climate mitigation.

Business users will benefit from a saving of 30-50 percent on their electricity costs through the solar systems. The proposed solution increases businesses’ electricity reliability in case of black-outs and reduces their reliance on back-up diesel generators.

In addition, GuarantCo, through a PIDG Technical Assistance grant, is co-financing Shams’ Solar EmpowHer programme which provides the necessary knowledge and skills for female engineers in the solar industry to empower them and promote gender diversity in the solar sector.

Layth Al-Falaki, CEO of GuarantCo, said: “We are very pleased to have closed our second transaction with Shams Power in partnership with Bank Alfalah.  Our first transaction two years ago, has proven that the financing model is scalable, replicable and the need for guarantee support will hopefully reduce over time as private sector involvement increases and local currency financing for this asset class becomes more prevalent. This transaction supports Pakistan’s commitments to decarbonise its power sector and is aligned with PIDG’s 2023-2030 strategy. Through our partnership with Shams, we continue to support Pakistan in its ambition to improve energy access and provide economical, clean and consistent energy supply to businesses as they transition towards renewable energy.”

Omar Malik, CEO of Shams Power, said: “This additional PKR 1.5 billion milestone with Bank Alfalah and GuarantCo’s backing isn’t just about powering businesses, it’s about powering Pakistan’s clean energy goals and increasing competitiveness of the C&I sector of Pakistan. Building on our past success, we’re deploying another 10 MW, delivering reliable renewable energy and a brighter future to businesses nationwide. We’re not just talking cost savings and sustainability wins for our clients, but sparking job creation, strengthening energy security, and empowering women in the solar sector through our Solar EmpowHer program. We would also like to specially thank PFAN for championing this phase of our transaction, and to GuarantCo and Bank Alfalah for their continued support. Together, we’re not just scaling solar, we’re shaping a greener, more equitable Pakistan, one watt at a time.”

Atif Bajwa, CEO of Bank Alfalah, said: “Bank Alfalah is pleased to complete our second transaction with Shams Power in partnership with GuarantCo. This agreement will significantly expand the share of cost-effective, environment-friendly and renewable source of energy in the country, paving a way for a greener way forward.”

Asif Elahi, Managing Partner of Capital Resource, said: “It has been a real privilege working with Shams Power on this challenging assignment. I am pleased to have been part of this journey and advising the company, over the years, in successfully scaling up its operations and meeting its clean energy financing targets to become the market leader in the C&I solar space in Pakistan. I would also like to take this opportunity to acknowledge and thank the Private Finance Advisory Network (PFAN) for promoting and supporting Shams Power for this particular transaction and of course our long-standing development partners, GuarantCo for their continued commitment to private sector credit growth in Pakistan.”

Press contacts

GuarantCo Marjolein van KampenCommunications Director+44 (0)738 8857097Marjolein.van-kampen@guarantco.com

PIDG  Cecilie SorhusHead of Communications+44 (0)7917 302724cecilie.sorhus@PIDG.org

About GuarantCo

GuarantCo mobilises private sector local currency investment for infrastructure projects and supports the development of financial markets in lower income countries across Africa and Asia. GuarantCo is part of the Private Infrastructure Development Group (PIDG) and is funded by the governments of the United Kingdom, Switzerland, Australia and Sweden, through the PIDG Trust, the Netherlands, through FMO and the PIDG Trust, France through a stand-by facility and Global Affairs Canada through a repayable facility. GuarantCo is rated AA- by Fitch and A1 by Moody’s. GuarantCo’s activities are managed by GuarantCo Management Company which is part of Cardano Development www.guarantco.com

About PIDG

The Private Infrastructure Development Group (PIDG) is an innovative infrastructure project developer and investor which mobilises private investment in sustainable and inclusive infrastructure in sub-Saharan Africa and south and south-east Asia. PIDG investments promote socio-economic development within a just transition to net zero emissions, combat poverty and contribute to the Sustainable Development Goals (SDGs). PIDG delivers its ambition in line with its values of opportunity, accountability, safety, integrity and impact. Since 2002, PIDG has supported 171 infrastructure projects to financial close which provided an estimated 217 million people with access to new or improved infrastructure. PIDG is funded by the governments of  the United Kingdom, the Netherlands, Switzerland, Australia, Sweden, Germany and the IFC www.pidg.org

About Shams Power

Shams Power is Pakistan’s largest Commercial & Industrial (C&I) solar power developer, investing and setting up solar projects at C&I locations, saving on grid electricity costs from day 1 from clean solar energy at discounted rates. This model removes any CAPEX responsibility, Operations & Maintenance expense, and Equipment Risk for our Customers. The equipment is transferred to our customer at the end of the agreement, giving them free electricity for the remaining life of the equipment. Our clients include likes of Coca Cola, Mondelez, Metro Cash & Carry, Packages Group, Nishat Group, AkzoNobel Pakistan, Dandot Cement, Shifa International Hospital, and Maxim International amongst others.

About Bank Alfalah

Bank Alfalah is a leading commercial bank in Pakistan, boasting over 1000 branches across 200 cities and an international presence in the UAE, Bangladesh, Bahrain, and Afghanistan. The bank offers various products and services, including corporate and investment banking, consumer banking, securities brokerage, commercial, small and medium enterprises, agricultural, Islamic, and asset financing to private-sector institutions and governments.

In 2018, Bank Alfalah launched its digital banking group, setting a high standard for the industry to follow with its Alfa app. This revolutionary new application brings together an unprecedented range of services and features all in one convenient platform. In 2022, the bank was awarded the best ‘Digital Bank’ and ‘Housing Finance’ across Pakistan, highlighting its commitment to simplifying and improving the financial capabilities of its customers.

About Capital Resource

Capital Resource is a boutique corporate finance advisory and consulting firm with in-depth experience of facilitating private sector infrastructure and focus towards promoting clean energy financing. In the past, the team at Capital Resource has successfully advised private sector corporates in structuring complex financing solutions including local currency credit enhanced financing transactions backed by GuarantCo.[/vc_column_text][vc_column_text][/vc_column_text][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text][/vc_column_text][vc_column_text]Pakistan has primarily relied on non-renewable energy sources, particularly oil and gas, to satisfy its energy needs. Back in 2013, coal used to be the cheapest energy source, and Pakistan’s energy infrastructure was based around coal-powered power plants. Due to the depletion of domestic reserves and price hikes in the international market, coal has become an expensive energy source.

Pakistan imports more than a third of its gas and 50 percent of its gasoline oil. Based on a recent analysis by the Pakistan Bureau of Statistics (PBS), Pakistan imported petroleum products worth $17.033 billion in the first 10 months of the current fiscal year (2021–22). It brings about a drastic increase of 95.84 % compared to the previous year’s imports which was $8.697 billion.

If Pakistan fails to address this issue, its economy can collapse into a debt spiral, and the country will get financial assistance from International Monetary Fund. Hence, it is mandatory to maintain and develop independent renewable energy solutions such as Solar, Wind, or Water.

In this regard, the Government of Pakistan introduced The Indicative Generation Capacity Plan to fulfill the future energy needs of Pakistan.

Addressing at second Int’l Pakistan Energy Summit (PRES) 2022 in Islamabad, Power Minister Engineer Khurram Dastgir said: “hydel generation was the “mainstay” of the country’s energy and that despite its issues, it remained the most feasible source of energy in the long run. Interestingly the new magic bullet is solar, as we are told that solar rates are coming down. Therefore, the way forward is hydel plus solar and whatever wind generation we can develop.”

Pakistan’s Government sees Solar Power as a major solution to the energy crisis.

By keeping this in mind, the Government of Pakistan aims to achieve 20% of its electricity from renewable sources by 2025. Power Minister Engineer Khurram Dastgir stated that on August 1, 2023, an advanced solar energy scheme will be introduced to the public by Prime Minister Shehbaz Sharif. This scheme aims to highlight electrical issues and control the electricity prices that Pakistan is currently facing.

The Power Minister adds that the project will begin with installing seven solar panels where thermal energy plants already exist. The transmission wires are already there, so solar panels’ energy supply will be hassle-free. Moreover, there is also an ongoing discussion to install 1MW solar plants in underdeveloped areas of Pakistan. Doing this would assist in generating 2000MW of electricity just in the first stage.

Solar Systems will be installed at the Parliament House and the government buildings and offices to set an example of using solar energy. Likewise, non-renewable powered tube wells (e.g., diesel-powered tube wells in Balochistan) will also be converted to solar energy all over Pakistan to generate solar energy. The citizens will also be allowed to install solar panels ranging from one to three kilowatts in their houses. The cost of these modules will be recovered from saving on their electricity bills.

Before next summer, these schemes are expected to add 7000MW to 10000MW of electricity to the national grid system.[/vc_column_text][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text][/vc_column_text][vc_column_text]Climate change is undeniably a real issue resulting from global warming. The global population is growing at a 1.1% annual rate. The United Nations predicts that by the end of the century, there will be more than 11 billion people on Earth. To meet the fundamental demands of this rising population, global GDP must increase by roughly 3.5%. The researchers ‘RCP 8.5’ scenario predicts global warming up to 4 degrees Celsius if current conditions continue. Therefore, urgent action is required to solve the problem of sustaining the expanding population while reducing GHG emissions.

Why is it necessary to separate emissions from economic growth?

In the past, economists believed in the “Environmental Kuznets Curve,” which postulates that while economic growth initially causes environmental deterioration, the degradation rate reverses after a certain point. However, modern research has found that we run the risk of stepping outside the bounds of the planet even before the essential criterion of reversing environmental damage is reached. Considering these realities, academics and politicians are increasingly interested in separating economic growth and environmental challenges. At first resource efficiency was considered to be the decoupling approach. It has been noted that resource efficiency is connected to the “rebound phenomena,” where consumption rises directly to the efficiency attained. Hence, the experts have suggested structural modifications to take the “rebound phenomena” into account.

The average CO2 emission factor for a coal-fired power station is approximately 0.998 kg/KWh, compared to 0.015 kg/kWh for hydropower. Renewable energy sources like wind and solar have no operating emission factor. Consequently, there is a significant chance that increasing the amount of renewable energy in the energy mix will lower GHG emissions.

How to achieve growth and reduce emissions with Commercial Rooftop Solar System

Rooftop solar represents one of the most cost-effective ways to shift the energy balance. The price of electricity, net-metering regulations, corporate social responsibility, and customer knowledge are a few aspects that encourage industries to focus on maximizing rooftop solar’s potential.

One of the primary issues that industrial and commercial customers face is the upfront cost necessary for rooftop solar installation. However, the C&I sector can use Solar PPA contracts to solve this issue. In this approach, the energy service provider invests in the solar power plant and oversees asset operation and maintenance. Clients do not pay for capital investment and are expected to only pay a, mutually agreed-upon, fixed discounted tariff rate. The PPA model is anticipated to improve the rooftop solar system’s feasibility, consequently reducing the carbon footprint of electricity use, thus, separating economic growth from environmental degradation. Additionally, the lower cost of electricity will result in lower utility expenses, boosting profitability.

Challenges with rooftop solar and solutions

The use of rooftop solar energy is accompanied by several difficulties, including tidal and seasonal oscillations and the fate of solar panels at the end of their useful lives. The first can be reduced by continuing to rely on grid power. The second requires more research and development to find an environmentally responsible way to dispose of solar panels once their useful lives have passed.

Organizations can use the BOOT model under PPA contracts to rationalize rooftop solar rates and attain a sophisticated statistical and financial model program from the solar service provider. Those businesses who believe in PPA are working hard to find a reasonable tariff rate that would benefit both the service provider and the customers. The development of different green finance tools, including green bonds, can lower the cost of capital and, consequently, tariff rates. There is still much to be done for the rooftop solar business, which is still in its early stages. However, it is undeniable that widespread rooftop solar adoption will contribute to helping in increasing economic growth and reducing environmental deterioration.

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As technology has evolved in the renewable energy sector, opting for solar energy has become increasingly common in industries where coal is the main source of power generation. Numerous studies have shown that electricity produced by coal-fired power plants is more expensive than electricity produced by solar energy.

Moreover, solar energy is green energy which brings sustainability. Hence, contributing to the betterment of the environment by cutting down the carbon emissions is another important factor for firms switching towards solar.

The benefits of using solar energy over coal

The majority of people are already aware of the drawbacks, such as the increase in greenhouse gases brought on by coal usage. It includes significant pollution and is an inadequate resource that will gradually disappear.

Solar energy systems use an abundant supply of sunlight and can be installed on roofs, ground, or even car parking. Solar is a non-polluting source of green energy, which is a significant advantage for any large-scale organization. In contrast, the production of fossil fuels like coal degrades the environment. Many users might not be aware that using fossil fuels, in addition to producing greenhouse gas emissions, also causes the water supply to deteriorate and erode.

Pakistan has also taken some initiatives to reduce emissions of greenhouse gases. Due to this, Pakistan also participated in the 26th Conference of the Parties (COP26) to address critical issues such as climate change and its financial consequences.

Solar Power Plants: An affordable option for the C&I Sector.

The following important arguments demonstrate that solar power plants are less expensive than coal-fired power plants.

Solar energy is more environmentally friendly than non-renewable sources like coal and fossil fuels. As a result, electricity produced by a commercial rooftop solar system does not release greenhouse gasses and protects the environment from damaging carbon emissions.

No Capital cost in case of PPA

The PPA contract helps companies to avail solar energy supply without paying any capital cost for installing it on their land. So, the cost of installing on land gets erased. Shams Power’s expert team maintains a precise schedule for all operational maintenance. Throughout the PPA contract, our services will also include cleaning and maintaining the solar system.

Low Costs of Labour

Pakistan has the lowest labour costs, allowing the solar sector to hire many people, resulting in project completion at the absolute lowest pricing and making solar power plants less expensive than coal-fired power plants.

Price Reduction

The price sensitivity has given solar power plants the advantage. The cost of solar energy is determined by the complete analysis of the commercial solar power plant. Crucial parts like solar panels, inverters, and junction boxes are available for significantly less money, even if bought from international suppliers, compared to a coal unit’s energy production. Moreover, if the organization is getting solar energy under a PPA contract, it will only have to pay discounted rates for each energy unit consumed. Therefore, price sensitivity is a major factor that explains why solar is preferable over coal.

Available for the future

Energy Providers like Shams Power are supplying solar power plants at half the cost of coal. Energy storage will be essential in the upcoming years, so coal is scarce, and solar is an abundant power source.

In this regard, the government is also helping the C&I sector realize its long-term goal of elevating the solar industry to the next level.

Hence, the State Bank of Pakistan (SBP) recently announced that it will extend the Financing Scheme for Renewable Energy for two years, which will last up to June 30, 2024.

Shams Power

We provide solar services, including designing, financing, installing, checking, and continuous maintenance for your solar energy plants. We facilitate clients with lucrative solar opportunities so that they can run their businesses and contribute to the environment simultaneously.

For more details, please feel free to contact us here.

[vc_row][vc_column][vc_column_text]The rising global warming and climate change concerns encouraged world economies to probe into renewable energy sources. Due to the abundance and availability of solar irradiation, solar energy technology is being extensively researched and widely adopted. Hence, the Solar Panel System market has boomed since its creation in the middle of the 20th century because of its efficient and environmentally friendly method of generating electricity.

What are PV panels?

Photovoltaic (PV) panels, more commonly referred to as solar panels, utilize the sun’s energy and turn it into electricity. This article will go through different types of PV panels and systems and their performance.

Solar PV System Types

Let’s first talk about the different solar energy systems before moving on to the various PV solar panel types.

There are three main kinds of solar PV systems:

• On-Grid Systems
• Off-Grid Systems
• Hybrid Systems

On-Grid Solar System

The On-Grid solar system is connected to the utility grid via a power inverter device which allows the solar system to function in parallel with the electric grid.

Off-Grid Solar System:

The Off-Grid solar system is not connected to the utility grid. These systems require a battery storage system in order to store the extra energy generated throughout the day to be used later when solar energy generation decreases or ceases.

Hybrid Solar System: 

The Hybrid solar system is connected to the utility grid while also having a battery storage system in order to store the extra energy generated. Hybrid solar systems provide great coverage against both irregular solar energy production and unannounced power outages.

TYPES OF PV PANELS

PV solar panels come in a variety of technology types. Monocrystalline, polycrystalline, and thin film are some of these varieties.

Monocrystalline

It is recognized as mono because single-crystal silicon permits electrons to make electricity. The thickness of these wafers ranges between 200 and 400 μm. The cells are divided into a single silicon source resulting in monocrystalline modules that are the most effective of the several modules. Such modules have powerful output and an efficiency of about 20%. The benefits of such modules include taking up the least amount of space and long-lasting quality.

Polycrystalline 

The word “polycrystalline” means “many,” which implies that a polycrystalline panel is constructed from several blended silicon bits. A polycrystalline solar panel is constructed from melted silicon wafers with thicknesses ranging from 200 to 400 μm. A polycrystalline module can be used for more than 25 years without failure. Polycrystalline modules are in high demand because they offer the highest performance. 

Thin-film 

Different types of materials are used to do thin-film modules. Instead of solid silicon wafers, they are made of non-crystalline silicon placed on top of glass, plastic, or metal. Thin Film modules are the best choice for fewer power tasks because they are inexpensive, lightweight, and portable. These sorts of PV panels are employed in commercial and industrial projects where space is limited.

Solar BOOT Model: 

Now Customize the Solar Energy System as per your business requirements

The BOOT Model is a project delivery strategy in which Shams Power offers a Photovoltaic (PV) based electricity generating system by delivering end-to-end services in which we build, own, run, and transfer the solar power system under PPA.

This methodology eliminates all CAPEX, OPEX and system performance risks at the user’s end.

As we provide our clients with a full range of services, including Financing, Design, Procurement, Construction, Installation, Operations, and Maintenance of solar power plants. Our build-own-operate-transfer method, created specifically for large commercial and industrial sectors, enables significant savings on electricity bills while also achieving sustainability goals.

Conclusion

After discussing the various solar PV system types, we can now see why Solar Energy is a preferred renewable energy option. Solar panels may generate energy without needing any raw materials because irradiation from the sun is abundant. Solar photovoltaic panels can produce electricity anywhere there is sunlight. They are low maintenance, simple to install, and versatile. Hence, Solar Energy System on solar PPA is a wise investment for a better and cleaner future.[/vc_column_text][vc_column_text][/vc_column_text][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text][/vc_column_text][vc_column_text]Solar Industry has experienced exponential innovation in technology over the past ten years. With every solar advancement, energy generation has become more efficient and the cost of solar systems has fallen making solar adoption more feasible.

If a firm intends to install a solar power plant on its premises, it is essential to check for the solar system’s energy efficiency. It is prudent for a user to enquire about the factors that affect solar energy efficiency in order to make an informed decision. Moreover, a solar system’s efficiency varies, and depends on several factors.

Factors Affecting Solar Energy Production

Variations in Degrees/Celsius around the country

Many people believe that intense heat results in more excellent power production. However, do you know that the solar system’s efficiency falls by around 0.25% for every degree over 25°C? The solar cells’ maximum generation capacity is dramatically reduced due to the dropping of voltage between the solar cells caused by contact with intense heat. Therefore, it is advisable to opt for locations that will not cause any damage due to extreme heated temperatures.

Shade on the Solar Panels 

There could be a significant power loss if the solar panels are covered in the shade. Solar cells are interconnected in a series (inside or across panels). As a result, the shaded cells stop the current from passing through the complete chain of linked cells. Therefore, solar energy firms in Pakistan advise businesses to avoid putting solar panels in locations where there will be significant shade most of the day.

Angle Alignment

Solar panels must be positioned and slanted to receive abundant direct sunlight throughout the day. Since this cannot be done manually, it is ideal to take the help of experts who can position these solar panels under the direction of the sun from morning to evening. Engineers, therefore, install a solar system under the sun’s direction using yield and shadow analyses.

Solar System Maintenance 

The solar system’s effectiveness is also affected by pollution, precipitation, dust, and sandstorms. Regular cleaning ensures that the solar panel surface is free of debris and produces electricity efficiently.

Hence, monthly cleaning and maintenance are required to generate a high volume of energy units. In the PPA agreement, the energy provider is in charge of cleaning and maintaining the solar system, while the buyer is not liable for any maintenance expenses.

Geographical Positioning

The local climate and amount of daylight vary from location to location in Pakistan. It significantly impacts solar insolation (the frequency of solar power coming every cm2/min). Hence, it is essential to consider the level of solar irradiance on the land if a company intends to buy a solar system for running its business operations.

Effects Of Bad Weather 

Energy suppliers in Pakistan have offered high-quality solar systems to ensure safety from heavy rains, storms, and other weather conditions for more than 25 years. The outer layer of glass prevents solar panel surface heating while allowing raindrops and storm dust to slide off the panels easily.

Are you looking for an experienced and reliable solar energy provider in Pakistan?

Shams Power has installed customized solar power projects over the years, supporting commercial and industrial businesses to install solar systems on their rooftops, grounds, and parking area. We assist companies in achieving a quick and successful transition to clean energy.

Contact us now and get the best solar recommendations from the industry’s experts.[/vc_column_text][/vc_column][/vc_row]