Manufacturing companies in Singapore, especially power-guzzling ones like semiconductor firms, will probably benefit more from installing pv panels to save on electricity costs, a study here finds.
These companies operate throughout the week, in addition on weekends, and heavy-duty System.Drawing.Bitmap companies are also likely to have gigantic roofs which can accommodate more instructions for economies of scale, good study by solar energy firm REC and the Solar Energy Research Institute concerning Singapore (Seris).
In contrast, commerce and after that trade companies such as warehouses and after that distribution centres usually do not operate on breaks, which limits the size of their solar energy systems, said the researchers.
"Making the system larger would reduce the utilization from the (power) grid during the week's time, but the excess electricity on the month would be wasted, " they outlined.
REC, with Seris' help, just had looked at commerce and trade, assembly and heavy-duty production companies on this site to see whether and how they could succeed in installing solar panels on-site and using the vitality generated from the sun.
The study to be able to include condominiums, Housing Board flats for women and industrial estates where specialists share a building, as the caribbean space in these places is less known and shared.
The researchers explained their projections showed the companies is likely to recoup investments in such systems with eight to nine years.
Our electricity generated for the rest of the systems' typical 25- to 30-year life would be almost free.
This is while Singapore's retail electricity prices increased by by 9 cents for a kw hour from 2005 to last twelve months, while the average cost of a solar system fell by almost 40 percent between 2011 and this year, they famous.
For companies that cannot afford , baulk at the long recoupment frame, REC senior vice-president of jobs and technology Ter Soon Imagine said they can make use of power-purchasing arrangments made, where companies such as REC pay off and operate solar panels on their metal roofs.
In return, the companies with the panels particular roofs buy electricity from the solar power panel providers at an agreed rate which is usually lower than that charged near utilities.
But Mr Ter explained more can be done to boost solar power copying in Singapore.
For instance, "buildings ought to be designed to be able to accommodate multiple purple features such as water tanks, home gardens and solar panels on their roofs, currently more costly to retrofit the buildings", he said.
This article was first launched on Oct 30, 2014. Obtain copy of The Straits Times , go to straitstimes. com for more guides.
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