[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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International Energy Agency reports suggest that the consistent growth in the global demand for Social Energy solutions will create an expected rise in solar production to 3300 TWh by 2030.

This possibility of an efficient energy supply spike in developing countries indicates a strong socio-economic development relationship with its production capacity. However, many developing countries like Pakistan, where large energy production mainly relies on non-renewable sources, still face prolonged power shortages due to Energy Transmission and Distribution constraints.

The unreliability of the grids and transmission lines has called for a rise of new significant measures to produce energy with a sustainable solution. Hence, the demand for renewable energy solutions like solar PV systems has been progressively rising in the commercial and industrial sectors of the country.

With the introduction of rooftop and ground-mount solar applications, the implementation of the Solar System in Pakistan is helping large corporates to capitalize on solar energy for a better future.

Promising Scope of Solar in Pakistan

Solar Power is the most affordable and environmentally sustainable way to overcome Pakistan’s energy deficit if its demand in industrial and commercial sectors is increased. With this approach, Pakistan’s government has also set a target of producing about 10 GWh of renewable energy by 2030. Furthermore, to maintain and expand the country’s solar power resources, the Alternative Energy Development Board (AEDB) also abolished solar energy tax duties in 2006.

Hence, these uplifting policy regulations have encouraged large corporations and industrial sectors in Pakistan to collaborate with private energy providers to adopt renewable energy as a potential replacement for traditional energy sources.

Shams Power is one of Pakistan’s recognized solar energy providers, serving the commercial and industrial sectors by facilitating solar sustainability on a PPA basis. Renowned corporates like METRO Cash & Carry Pakistan, Packages Mall, Maxim Agri Pvt Ltd, Nishat Hyundai, Emporium Mall, AkzoNobel Pakistan, and many more have chosen clean and green energy through power purchase agreement plan with zero upfront cost and guaranteed savings in return for discounted rates on energy tariff.

What does a commercial and industrial solar installation look like?

Solar Energy brings a tremendous amount of convenience to corporate sectors and solar financing investors. Since Pakistan is known to have an enormous capacity for solar power, every merchandising firm, factory owner, and educational institute can get the benefits of solar energy in one way or another.

With the help of Solar PPA, many solar installations like rooftop and ground-mounted solar have become feasible for different industrial and commercial sectors, and many corporations are pursuing more solar projects on a PPA basis. Apart from reducing the carbon footprints, it attracts environmentally conscious clients looking for sustainable practices while doing a business.

Hence, contrary to traditional grid energy, with the PPA Rooftop solar power plant, companies avail a guaranteed saving from Day 1.

Enhancing efficiency with Rooftop Solar

The designs of factory roofs should be flat and broad with enormous unused space, making it more convenient for the company to use the available area to install solar power plants for proper production.

The rooftop solar spaciously utilizes the free space with flexible architectural designs to maximize solar energy output from better angles by doing the yield and shadow analysis.

In Pakistan, many businesses, including Multi-National companies, have large production plants with plenty of flat roof areas, making it ideal for generating renewable and low-cost solar energy to capitalize on existing unutilized resources.

Moreover, in the case of the Rooftop Solar Power Plant, the analysis of yield and shadow should be done, so the implementation of the solar system becomes simpler and quicker.

Accessibility to Commercial Entities

Commercial property owners can significantly reduce the expenses of electricity and operational activities by adopting more practical resources. As Shams Power is installing Commercial Rooftop Solar Power Plant on a Solar PPA basis, so it’s very profitable for large commercial businesses, especially when renting commercial facilities to other companies.

Hence, the Rooftop Solar solution reduces the net energy bills while shielding the retail spaces, large corporates, manufacturing units, and warehouses.

Convenience to Industrial Corporations

Industrialists are encouraged to fulfill their energy needs with renewable energy. Solar System in Pakistan facilitates the industrialists to utilize solar power plants at full potential and saves the incentives of tax exemptions and capital subsidies.

With the initiation of multiple flexible solar buying opportunities like Solar PPA, the cost of installing a solar system for industrialists has become zero. Therefore, now all industries can take the lucrative benefits of switching their energy supply to a clean, green, and sustainable solution.

The flexible availability of solar applications like rooftop solar has changed the power industry in many ways. Providing opportunities for flourishing production growth has altered the dynamics of the power industry.

End-to-End Solar Services for more significant benefits

The solar industry has been evolving continuously, and more companies are now shifting towards captive solar solutions. Shams Power is one of Pakistan’s leading solar providers, offering its comprehensive services in commercial and industrial sectors all over Pakistan for Rooftop, Ground-Mounted, and Car-Port solar installation under solar Purchase Power Agreements (PPA), thus diminishing any financial risk for businesses.

Shams Power leverages its flexible and premium services in the solar industry by offering unique solutions for every type of company. By offering a diverse range of solar power solutions, including Rooftop Ground-mounted, and carport solar structured Power Plants, our skilled team provides all-inclusive and reliable services to its clients, including the initial costs of design and finance procurement, installation, operations, and maintenance facilities. Our end-to-end solar assistance can be recognized by the significant commercial and industrial market entities adopting our solar PV systems.

With zero investments, hassle-free operation, and maintenance facility, the solar Purchase Power Agreement (PPA) operations are performed safely and securely. These Solar endeavors always aim to encourage environmental sustainability and decrease electricity costs by boosting the demand for Solar systems in Pakistan.