How is solar energy used for industrial applications?
How can a photovoltaic system improve a company's energy efficiency?
“Energy efficiency” simply means using less energy to perform the same task. Companies are increasingly turning to solar energy as a tool to improve their energy efficiency to deliver lower energy costs, as well as other related benefits like energy resilience and progress towards sustainability targets. Solar power increases a company’s energy efficiency:
- When combined with battery energy storage systems, solar power can be part of an electrification plan to reduce your company’s dependence on fossil fuels like oil and gas
- When linked to a computer-aided Energy Management (EM) solution that allows for the collection, comparison and analysis of real-time data, a solar energy system can improve energy efficiency by providing granular data on process optimization
- When combined with a Demand Response program, solar energy plus a battery storage unit enables large energy consumers to receive payment in exchange for agreeing to reduce their energy demand during times of electricity grid stress.