Solar Energy
OUR TECHNOLOGY
Shaping Future with Our Renewable Energy Solutions
OUR TECHNOLOGY
Shaping Future with Our Renewable Energy Solutions
OUR TECHNOLOGY
Shaping Future with Our Renewable Energy Solutions
Solar is an inexhaustible natural resource to produce sustainable energy that provides long-term energy needs also due to energy storage technologies. As a very crucial alternative to conventional energy sources, solar energy reduces greenhouse gas emissions or other harmful pollutants that contribute to climate change and global warming. Thus, it reduces the dependence on fossil fuels and pollution, it significantly minimizes electricity costs, and it provides a more sustainable and resilient energy future.
OUR TECHNOLOGY
Shaping Future with Our Renewable Energy Solutions
SITE
SELECTION
Identifying ideal project locations with the best solar conditions is our key priority. We have expertise in performing site evaluations, considering factors like solar exposure, shading analysis, terrain, land availability, and grid access. Proficiency in geographic information system (GIS) software and tools is advantageous for effective site assessment and selection.
PV SYSTEM ENGINEERING
Photon Power specializes in designing cost-effective and efficient PV systems. This includes choosing the right solar panel technologies, inverters, mounting systems, and balance of system components tailored to the project's needs and site conditions. Key skills in system sizing, electrical design, and familiarity with industry standards and codes are crucial.
FINANCE
Understanding the financial aspects of solar PV projects is essential for us. We have developed expertise in financial analysis, including calculating project costs, estimating energy output, and assessing return on investment (ROI). Our team is well-versed in managing financial models like levelized cost of electricity (LCOE), net present value (NPV), and internal rate of return (IRR). Additionally, we are knowledgeable about various financing options and incentives, such as tax credits and renewable energy certificates.
PERMITS AND REGULATIONS
Photon Power navigates the complex landscape of permits, licenses, and regulatory requirements associated with PV projects. We have knowledge of local, regional, and national regulations governing renewable energy installations, environmental impact assessments, grid interconnection processes, and building codes. Competencies in preparing permit applications and interacting with regulatory authorities are important for ensuring compliance.
OUR OTHER TECHNOLOGIES
Shaping Future with Our Renewable Energy Solutions
OUR TECHNOLOGY
Shaping Future with Our Renewable Energy Solutions
OUR TECHNOLOGY
Solar renewable energy, a rapidly expanding field, utilizes sunlight to produce electricity, providing a sustainable alternative to traditional energy sources while delivering significant environmental and economic advantages.
Solar power is one of the fastest-growing industries in the world. A striking example of this is that globally installed solar power capacity surpassed 1,200 GW in 2023 which is 30 times more than the globally installed solar power in 2010. The European Union has more than 200 GW in capacity due to their renewable energy targets, while the U.S. has a capacity of more than 140 GW.