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Showing posts from November, 2023

Shams Power: Empowering Pakistan: Benefits of Commercial Solar Financing with Shams Power

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In the pursuit of sustainable and clean energy solutions, Pakistan is gradually turning towards commercial solar financing as a key driver of economic and environmental transformation. With a rapidly growing population and increasing energy demands, the need for alternative and renewable energy sources has become more pressing than ever. Commercial solar financing presents a viable and lucrative avenue for businesses in Pakistan to not only reduce their carbon footprint but also to benefit from long-term cost savings and energy independence. Harnessing Solar Power for Economic Growth Reduced Operational Costs Commercial solar financing allows businesses to install solar panels without the upfront capital investment. As a result, operational costs related to electricity consumption are significantly reduced. With solar energy systems in place, businesses can generate their own power, thereby lowering their reliance on conventional energy sources and mitigating the impact of fluctuating

Shams Power: How Commercial Rooftop Solar Will Help to Grow Your Business in Pakistan

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Commercial rooftop solar is a simple, cost-effective, and renewable energy solution for business owners. It provides businesses with a competitive advantage while protecting them against rising electricity prices and providing long-term energy savings. Fossil fuel-powered electricity leads to air pollution is expensive and places a burden on foreign exchange, and results in unreliable power supply. It is time to make the switch to renewable energy. 1. Reduced Utility Bills A commercial solar system is a smart sustainability investment that saves businesses money on energy costs. In addition to the financial benefits, tax exemptions, and capital subsidies help reduce upfront costs for industrialists. Solar PPA options also make it easier for businesses to manage their power usage. Many companies in Pakistan have large production plants with flat roof areas that are perfect for generating renewable energy. Combined with solar battery storage, these systems provide backup electricity dur

Shams Power: Benefits of Solar Power System in Pakistan for the Industrial Sector

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Industrial solar power systems in Pakistan are an affordable and reliable source of energy. They are also environmentally friendly and provide a high return on investment. They are a great option for businesses that want to make a difference in the world. Many solar companies offer net metering and other incentives to help businesses go green. However, you must choose the right company for your needs. Cost-Effectiveness Solar energy is a sustainable power source that is cost-effective in the long run. Its benefits include cost savings in electricity bills, and it is a great way to reduce CO2 emissions. In addition to this, it provides a good alternative to traditional electricity sources. Pakistan has a high sun irradiance and is a prime target for solar energy development. However, a number of barriers must be overcome to achieve this goal. These barriers include lack of a robust renewable energy policy and grid infrastructure. The electricity demand in Pakistan peaks in the summer du

Shams Power: How Industrial Solar Power System Helps to Grow an Industry in Pakistan

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The Pakistani solar energy sector is on a steep growth trajectory. This is fueled by an attractive financial incentive. The country is located in the sun belt and has enormous solar potential. Sindh, Baluchistan, and some areas in southern Punjab have a high solar irradiance throughout the year. Industrial solar power systems are designed to provide a reliable and uninterrupted power supply for businesses. They help companies grow their businesses by eliminating the reliance on traditional energy sources. 1. Reduced Electricity Bills The cost of electricity in Pakistan is very high and it has a negative impact on economic growth. To address this issue, industrial solar power systems are a great solution to help reduce energy costs. Unlike traditional fossil fuels, solar energy is clean and renewable. In addition, it offers many financial benefits. Solar panels can save businesses money on their monthly electricity bills, and they can also sell excess energy back to the grid through

Shams Power: Why Producing Solar Energy is Cheaper Than Coal-Fired Energy in Pakistan

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Pakistan’s energy mix is dominated by outdated coal technologies. It is also heavily dependent on seasonal hydropower generation. Experts say that boosting the share of renewables is within Pakistan’s reach. However, they caution that more investment in wind and solar energy projects could increase Pakistan’s dependence on technology owned by foreign companies and exacerbate food insecurity. 1. It is a clean source of energy Humans have been using the sun’s energy to grow crops, stay warm, and power devices for thousands of years. However, the production of fossil fuels can have negative impacts on the environment, from stripping Canada’s boreal forest to fracking for gas and polluting our air with CO2. Fortunately, the world is shifting away from these unsustainable sources of power. Globally, renewable energy is on the rise. By 2050, the share of renewables in electricity generation will reach 86%, compared to just 25% today. IEEFA’s report recommends that Pakistan should urgently t

Shams Power: Benefits of Industrial Solar Energy Systems for Industry

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Large business establishments like factories use a significant amount of electricity. A solar power system for industry turns your factory into an energy producer, eliminating your dependency on power companies that can be unreliable and erratic in their service. Switching to renewable energy can save manufacturers thousands of dollars over time and help shield them from future power price increases. Here are 5 major benefits of industrial solar power for industry. 1. Reduced Utility Costs With the increase in energy prices, industrial facilities are looking to save money by switching to renewable energy. Solar systems provide businesses with a low-cost source of power and help reduce their utility costs over time. Moreover, it helps them become less dependent on the local power supplier which can be unreliable and expensive in the long run. This can be a major benefit, especially to large business establishments such as factories. In addition, governments around the world offer attrac

Shams Power: Solar Power As the Way Forward to Tackle Energy Crises in Pakistan

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Energy is vital for the socioeconomic development of a country. Pakistan is no exception to this rule as it solely depends on traditional fossil fuels for its energy needs. This dependency has led to serious consequences for the economy of the country including the enormous circular debt. To resolve this issue, the government must take steps to promote renewable energy technologies . Cost-Effectiveness Pakistan’s energy crisis is not just a supply problem. It’s also a problem of governance and political will. The crisis is rooted in Pakistan’s lack of a comprehensive energy strategy, turf wars among government agencies, and the leadership’s unwillingness to implement politically unpopular measures. The resulting spiral of price hikes has led to widespread consumer protests. Moreover, the price rise has triggered other problems, such as an increase in circular debt and rising inflation. This is why the country must invest in sustainable energy sources. A cost-effective way to tackle thi

Shams Power: Industrial Solar Energy Systems in Pakistan

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Benefits of Carport Solar in Your Business Facility Carport solar is a great option for warehouses that are looking to transition to renewable energy. These structures are permanently installed in a parking lot or other area and generate power for multiple uses. This multipurpose solution offers shade, electricity generation, and protection from weather elements like snow. Here are some of the benefits of integrating this structure into your facility’s vehicle parking: Reduced Utility Bills Businesses can use solar carports to maximize energy production in the unused space above their existing parking lots. This reduces business electricity costs and helps to lower carbon emissions, making the company more environmentally responsible. Many businesses see a quick return on investment and start saving money right away with their solar carport project. A recent installation for the law firm Faber and Brand demonstrates this. The structure will save them significant amounts of energy and h