As energy costs continue to rise, more and more businesses across India are exploring solar energy as a cost-effective and sustainable power source. But one question keeps coming up: “What is the industrial solar panel price in India?”
Whether you’re managing a manufacturing plant, warehouse, educational institution, or commercial complex, understanding the cost structure of industrial solar panel installation can help you plan better and save more.
This guide covers everything—from system sizes and component prices to installation charges, financing, and ROI.
What Is an Industrial Solar Panel?
Industrial solar panels are high-capacity photovoltaic (PV) modules designed to generate electricity for businesses and factories with large-scale energy needs. Unlike smaller residential setups, these systems are built to support high loads and extended daily usage.
They use Mono PERC or bifacial cell technology for higher efficiency, typically arranged in on-grid, off-grid, or hybrid systems.
Key Cost Components of an Industrial Solar Panel System
Let’s break down what goes into the industrial solar panel price:
1. Solar Panels
- Monocrystalline panels: ₹21–₹30 per watt
- Polycrystalline panels: ₹18–₹25 per watt
- Bifacial panels: ₹25–₹35 per watt
High-efficiency monocrystalline panels are popular due to their compact size and superior power output.
2. Solar Inverter
- The solar inverter transforms the DC electricity from the panels into AC electricity that can power machines and equipment.
- Inverter price range: ₹30,000 to ₹300,000 (depending on capacity)
3. Mounting Structures
- The mounting structures ensure that your panels are positioned optimally for sunlight exposure.
- Costs range from ₹3,000 to ₹45,000 depending on design and strength.
4. Wiring & Safety Equipment
- The wiring and safety equipment includes DC/AC cabling, fuses, isolators, and earthing kits.
- Budget: ₹5,000–₹50,000 depending on system size.
5. Installation Cost
- Standard installation: ₹6–₹10 per watt
- For a 50 kW system, expect ₹3–₹5 lakhs for labor and setup.
Sample Industrial Solar Panel Price Estimates
Here’s a ballpark of solar prices by system size:
| System Size | Typical Price (₹/kW) | Total Estimated Price |
|---|---|---|
| 10 kW | ₹60,000 | ₹600,000 |
| 25 kW | ₹55,000 | ₹1,375,000 |
| 50 kW | ₹52,000 | ₹2,600,000 |
| 100 kW | ₹50,000 | ₹5,000,000 |
(*Note: All costs mentioned above are estimates and can change with time.)
Factors Affecting Industrial Solar Panel Price
The cost of your solar setup depends on several factors:
- Location: Urban projects may have higher labor or permit fees.
- Roof Type: RCC roofs are easier than tin sheds or complex layouts.
- Panel Type: High-efficiency panels cost more but require fewer units.
- Grid Connection Type: On-grid systems cost less than hybrid or off-grid.
If you’re running high-power machinery or HVAC systems, you’ll likely need a robust solar panel service agreement and backup batteries.
Return on Investment (ROI)
On average, a 50 kW system can save up to ₹7–₹10 lakhs per year in electricity bills. Depending on usage, most companies recover their investment within 3–5 years.
Thereafter, your electricity is essentially free for the next 20+ years—making it one of the smartest investments for businesses today.
Benefits of Industrial Solar Panel Installation
- ✅ Slash electricity bills by up to 90%
- ✅ Reduce carbon footprint
- ✅ Increase asset value of your facility
- ✅ Avail depreciation benefits under Indian tax laws
- ✅ Boost brand image as an eco-conscious company
- ✅ Power energy-intensive appliances like chillers, compressors, and even solar fridges
People Also Ask (Featured Snippet Style)
Q1: What is the price of a 100 kW solar panel system in India?
A 100kW industrial solar system typically costs between ₹50–₹60 lakhs, including installation.
Q2: What is the installation cost of solar panels per kW?
Standard industrial solar installation charges range from ₹6 to ₹10 per watt or ₹6,000–₹10,000 per kW.
Q3: Is there a subsidy for industrial solar panels in India?
No central subsidies are available for commercial or industrial projects. Subsidies are generally reserved for residential rooftop systems.
Q4: What is the required area for a 50 kW solar system?
You’ll need about 300–350 square meters of shadow-free space.
Q5: What is the maintenance cost of an industrial solar plant?
Basic cleaning and inspection services can cost ₹10,000–₹20,000 annually.
Q6: Which solar panels are best for industrial use?
Mono PERC and bifacial panels with high efficiency and long warranties are ideal.
Q7: Can solar systems power heavy machinery?
Yes. Systems are designed to run high-load equipment efficiently.
Q8: What’s the life span of industrial solar panels?
Most panels last 25 years, with performance warranties covering up to 80% output.
Q9: Are there EMI options for buying industrial solar panels?
Yes, most top suppliers offer EMI schemes or solar leasing options.
Q10: How can I monitor solar performance?
Use smart monitoring tools that integrate with your existing air quality monitoring system or building automation.
Q11: Can industrial solar panels work during power cuts?
Only off-grid or hybrid systems can power loads during outages. On-grid setups shut down during blackouts for safety.
Q12: Are solar panels affected by weather?
Yes, but good-quality panels still perform under cloudy skies. Output drops slightly but remains consistent with high-efficiency modules.
Q13: Do I need batteries for an industrial solar plant?
Not necessarily. On-grid systems don’t need batteries. For backup, you can opt for hybrid setups.
Final Thoughts
As businesses seek ways to become sustainable and lower operational expenses, solar energy stands out as a smart and scalable solution. By understanding the industrial solar panel price, components, and cost structure, you can make an informed decision tailored to your factory or commercial setup.
Looking to get started? Partner with experienced providers who deliver products and assist with system design, government approvals, and maintenance.
👉 Visit Delta Power’s blog to explore more on affordable solar panels, maintenance, and custom installations.