Large businesses are increasingly turning to solar to take advantage of lower power costs locked in for a long term. One such example is Raviraj Corn Products installing a 2.63 MW solar project at its facility in Solapur, Maharashtra. The solar project, comprising 1.3 MW of ground-mounted capacity and two rooftop systems totaling 700 kW and 630 kW, is expected to save the company ₹28 million (~$302,700) in electricity expenses annually. Corn starch manufacturing is a continuous-process industry that requires large amounts of power. The company had a monthly power expenditure of more than ₹7.5 million (~$81,081) and an estimated annual expenditure of over ₹9 million (~$97,297) before installing the solar project.
