In the last decade alone, solar has experienced an average annual growth rate of 33%. Thanks to strong federal policies like the solar Investment Tax Credit, rapidly declining costs, and increasing demand across the private and public sector for clean electricity, there are now more than 130.9 gigawatts (GW) of solar capacity installed nationwide, enough to power 23 million homes.Massive Growth Since 2000 Sets the Stage for the Solar+ Decade
The cost to install solar has dropped by more than 60% over the last decade, leading the industry to expand into new markets and deploy thousands of systems nationwide. An average-sized residential system has dropped from a pre-incentive price of $40,000 in 2010 to roughly $20,000 today, while recent utility-scale prices range from $16/MWh – $35/MWh, competitive with all other forms of generation.Growth in Solar is Led by Falling Prices
Solar energy technology doesn’t end with electricity generation by PV or CSP systems. These solar energy systems must be integrated into homes, businesses, and existing electrical grids with varying mixtures of traditional and other renewable energy sources.Systems Integration Basics
Businesses using a combination of different technological systems, incompatible entry-level software.Specialized programs, even as they grow to meet the expanding demand for solar installations. Data will have to be managed in different silos, making the task of reconciling information tedious and time consuming.These are hours that ought to be spent to grow the business. Futhermore, manually transfer data between unrelated programs. To help you with such obstacles, ERP can guarantee that you will find the ideal answer to all of your business-related difficulties. ERP software offers all the features required to run a business. It can be divided into a number of discrete modules or functionally significant sections, providing the organizational framework required for departments to effectively collaborate and share resources. It includes business operations, managing finances, coordinating the staff, and creating business plans, which can oversee numerous facets of the business sector. Remember that every year, more money is being invested in the solar business. Among the many competitors in the market, a wise investor seeks out a great support system for managing the firm. Therefore, ERP would be a smart option to adequately manage the complete solar manufacturing process.Why does your Business Need ERP for Solar Industry?
Partners from within and outside the company want the same technology platforms, including cloud-based solar ERP software.
Benefits of ERP for Solar Manufacturing
Better Monitoring of Real-Time Operations
Improvement to Procurement Processes and Inventory Handling
Better Budget Planning and Management
Dynamic Data-Driven Dashboards
Improved Customer Care
Better Customer Performance Visibility
Better Decision-Making Support
Improved Access to Information
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