• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Pair Solar With Other Industrial Processes

December 19, 2022
in Trading
Reading Time: 4 mins read
A A
0
Pair Solar With Other Industrial Processes
0
SHARES
17
VIEWS
ShareShareShareShareShare

Today’s industrial facilities are more complex than ever with artificial intelligence, IoT clouds, and other advanced technologies. This complexity drives up the cost of industrial operations and limits their ability to scale effectively.

Industrial operations are also highly sensitive to any change in their environment, whether it’s a change in market prices, new regulations, or usage of raw materials. These factors make industrial processes an ideal candidate for solar adoption.

Over 255,000 Americans work in solar across 10,000 companies, and the industry generated almost $33 billion in private investment last year. If you want to explore how solar can pair with your other industrial processes, now is the time.

Benefits of Industrial Solar

Using solar over diesel generators saves money while giving you energy independence. Electricity costs are rising even if you’re grid-tied, and off-grid systems must rely on skyrocketing fuel prices. This increases overhead in the industrial sector and limits the work that can be done remotely.

Solar is a reliable and scalable power solution that can be utilized on-site and off-grid to ensure mission-critical systems are always running. Downtimes is expensive. For example, the average automobile manufacturer loses $22,000 per minute to downtime. Solar provides a reliable power consumption solution that’s environmentally friendly to boot.

Solar is not a catch-all solution that will work well in every case. However, when implemented correctly, it can bring multiple benefits for your business. This is why more companies are choosing to go solar. It is a clean energy source that’s both environmentally and economically friendly, it’s capable of adapting to all new technologies, and it can sustainably keep businesses on the cutting edge.

3 Things to Consider Before Investing in Solar

There’s a clear business benefit to going solar. However, it can be complicated to install. To help you see the advantages of solar energy, here are a few things for you to consider before adopting solar within your specific industry.

  1. Evaluate load needs.

Before investing in industrial solar integration, you need to determine your current power load. This will ensure you install a system that can handle your most heavy-duty needs.

Start by calculating the total usage of each piece of equipment you’ll run, along with how many devices will be running simultaneously. This will help you determine the size of your solar panel installation. It’s vital to have enough electricity to handle peak load demands so you don’t shut down operations and lose valuable time.

Solar panels come in a variety of sizes, and it’s important to install them where they’ll have maximum sun exposure. This will allow the photovoltaic cells to work most efficiently and produce the power you need when you need it without shutting down.

  1. Measure storage capacity.

Next to the generation, storage is the also important to size correctly. Your battery capacity will determine how long equipment can run, especially during times when the panels are no longer generating power.

Lithium batteries are standard for solar applications because of their ability to handle large loads for an extended period. Keep in mind that although solar panels last up to 25 years or more, batteries have a much shorter lifespan between five and fifteen years. It’s very likely you’ll need to replace the batteries at least twice as often as the panels.

It’s best to always have at least 20% more than you think you need on both the panels and battery to account for any issues that may come up. Everything from cloudy weather to changing seasons can affect power generation, and you shouldn’t take risks with the core of your business.

  1. Determine the right equipment.

Finally, be sure to get all the proper equipment. Solar panels and batteries are just the start. A solar system also involves charge controllers, wiring, inverters, chargers, battery enclosures, mounting, and more. This equipment is vital to making your solar setup run smoothly without issues.

Many dealers provide full-suite solutions, and you should partner with a vendor who can help size the perfect solar system for your individual needs. If done correctly, you’ll reap the benefits of solar energy.

Now that you know what to consider, you can move forward confidently in your industrial solar investment.

Author’s Bio

Dr. Denis Phares is the chief executive officer of Dragonfly Energy Corp. He leads the company’s innovation and research initiatives, focusing on developing and advancing Dragonfly’s revolutionary technology. Dragonfly Energy is an industry-leading manufacturer of deep cycle lithium-ion batteries and is spearheading conventional and solid-state lithium-ion battery research and development worldwide.

 

Credit: Source link

ShareTweetSendPinShare
Previous Post

China Southern Air Logistics becomes First Chinese Carrier to Offer China Import eBookings

Next Post

World Leaders Call for Stronger Multilateral Solutions to Debt Crisis

Related Posts

LBank Exchange Will List MetaDoge (METADOGE) on January 30, 2023
Trading

LBank Exchange Will List MetaDoge (METADOGE) on January 30, 2023

January 30, 2023
3
Silk Way West Airlines Signs Air Cargo Transport Memorandum with Nippon Express
Trading

Silk Way West Airlines Signs Air Cargo Transport Memorandum with Nippon Express

January 29, 2023
4
Is Salesforce stock a ‘buy’ after naming three new directors?
Trading

Is Salesforce stock a ‘buy’ after naming three new directors?

January 29, 2023
4
Mashida (MSHD) Is Now Available on LBank Exchange
Trading

Mashida (MSHD) Is Now Available on LBank Exchange

January 29, 2023
4
World’s Textile Industry Attempts a Spirited Post-Pandemic Comeback at Frankfurt Trade Fair
Trading

World’s Textile Industry Attempts a Spirited Post-Pandemic Comeback at Frankfurt Trade Fair

January 28, 2023
7
Next Post
World Leaders Call for Stronger Multilateral Solutions to Debt Crisis

World Leaders Call for Stronger Multilateral Solutions to Debt Crisis

Recommended

Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2022 Financial Results on January 31

Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2022 Financial Results on January 31

January 18, 2023
19
BitMEX, Kraken top proof-of-reserves scores for exchanges

BitMEX, Kraken top proof-of-reserves scores for exchanges

December 30, 2022
6
Orbeon Protocol (ORBN) – The best long term crypto investment…

Orbeon Protocol (ORBN) – The best long term crypto investment…

January 10, 2023
7
Big and Bulky Last-Mile Delivery in the United States Continues to be a High-Growth 3PL Segment

Big and Bulky Last-Mile Delivery in the United States Continues to be a High-Growth 3PL Segment

January 2, 2023
10
Litecoin to explode in price up to +285% as halving approaches

Litecoin to explode in price up to +285% as halving approaches

January 11, 2023
4
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • These Buy-Rated Stocks Are Too Cheap to Ignore
  • NFT Collection A.N.I.M.O Price, Stats, and Review
  • This Canadian Man Lost his Life Savings in a Crypto Scam on YouTube

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?