KOR Energy installs Solar Systems at Cold Storages
KOR Energy (India), a Solar Power Company has successfully installed a Grid Connected Rooftop Solar Systems at three cold storages in Haryana. A 90KWp System at Maan Brothers Cold Storage at Kurukshetra, 77KWp System at Lawrance Agro Storage Pvt. Ltd. and 66KWp System at R.P Cold Storages Pvt Ltd. at Sonipat have been installed by KOR Energy recently.
KOR Energy has used tier 1 modules of Vikram Solar and ABB String Invertors in these projects to ensure maximum yield and performance consistency. The systems installed have the capability of remote monitoring of production with accurate fault recognition and real time performance monitoring.
Priyanka Mohan, Director, KOR Energy (India), said, “India is the world's second largest producer of horticultural commodities after China. However, around 30% of this produce perishes due to lack of adequate cold storage facilities. Cold storages are essential to store food products and to maintain that environment it consumes heavy electricity. The life of solar plant in cold storages is more than 25 years. Conventional cold storages cost less that of solar-powered ones but require more grid power which comprises around 20 to 30 percent of their running cost. Rooftop Solar Plants in cold storages not only reduces this cost, but also make a key contribution in moving towards green energy revolution.”
With 1400 to 1500 units of electricity produced per Kilowatt, cold storage rooftop solar plant will achieve break even within 4 to 5 years. With 25 years of performance warranty on solar modules, it makes a wise investment decision for cold chains to go solar. Banks are also financing upto 80% of project cost in these projects. The Solar system will have an additional benefit of net metering, which will result in receiving credit in electricity bill against the excess electricity generated by the solar system and there is no need to store electricity.