Essens Renewable, EPC Solar Solutions for Solar Panel Installation

Solar panels, or solar energy, have been recognized as the world’s cheapest source of electricity. This conclusion comes from a recent discovery and should be considered if you plan to switch to clean and renewable energy.

Learn more about solar energy and solar panel installation with Essens Renewable, an experienced EPC solar panel provider that offers surveys, procurement, and construction of solar power plants (EPC solar solutions), in the following article:

Solar Panels as the Cheapest Clean Energy

A recent study from the University of Surrey found that solar panels are the cheapest source of electricity globally, surpassing other energy sources such as wind, coal, and gas. In countries with abundant sunlight, the cost of producing one unit of solar energy is even less than EUR 1.

The research also concluded that the price drop of lithium-ion batteries by 89% since 2010 has made solar energy storage systems just as cost-efficient as gas power plants.

However, several other factors contribute to solar panels being the cheapest clean energy source, such as:

Technological and manufacturing industry advancements: Technology improvements have increased the efficiency of converting sunlight into electricity, thus reducing the cost per watt produced. Additionally, advancements in manufacturing have made solar panels cheaper to produce.
Increased production: The rising global demand for solar energy has driven manufacturers to produce solar components at scale, which in turn reduces material, labor, and production costs.
Government policies and incentives: Government involvement through subsidies and tax incentives has also boosted solar energy adoption, creating a stable and supportive environment for solar panel installations.

Therefore, the photovoltaic (PV) technology used in solar panels is not only economically affordable but also a key driver of the global shift toward clean and renewable energy.

Essens Renewable Indonesia as an EPC Solar Panel Provider

Founded as RWE Solar India Pvt Ltd and Belectric Photovoltaic India Pvt Ltd, Essens Renewable is one of the three largest and fastest-growing EPC solar panel companies in India. Essens Renewable has decades of experience executing large-scale and complex solar power plant projects globally.

Historically, Essens Renewable has completed 1.65 GWp of total project capacity across 11 provinces in India. These projects are owned by more than 30 clients across utility, commercial, and industrial sectors, demonstrating Essens Renewable’s capability to deliver large-scale projects for a variety of clients.

Essens Renewable also experienced stable growth from 2021 to 2022, despite the challenges of the COVID-19 pandemic and global supply chain disruptions, reflecting its resilience amid global disruptions.

This experience has enabled Essens Renewable to expand its operations to Indonesia and establish Essens Renewable Indonesia. With international expertise and a solid track record, Essens Renewable Indonesia provides high-quality EPC solar solutions tailored to meet local regulations, climate conditions, and customer needs.

We are committed to being a trusted partner in driving Indonesia’s renewable energy goals. Currently, Essens Renewable Indonesia is actively developing a 5 MW solar panel project in the country.

Essens Renewable Indonesia’s Technology and Expertise as an EPC Solar Panel Provider

Essens Renewable Indonesia possesses the technical expertise and cutting-edge technology needed for the engineering, procurement, and construction (EPC) of solar power plants. Some of our capabilities include:

Expertise in implementing robotic module cleaning systems to improve energy production and reduce consumption during the O&M stage.
Expertise in designing and building power evacuation substations up to 230 kV.
Expertise in designing fixed tilt and tracker module support structures using Mono PERC and Bifacial module technology.
Experience in designing and implementing megawatt-scale projects using String and Central inverter technology.

Essens Renewable Indonesia’s Commitment

Essens Renewable Indonesia follows the “EDGE” commitment, which stands for:

[E]nd-to-End In-House Capabilities: Our expert team handles everything from concept, engineering, procurement, construction, to solar panel operations, with direct engagement with over 700 suppliers and partners worldwide.
[D]edicated to Safety, Health & Environmental Excellence: We enforce uncompromising safety, health, and environmental policies (HSE).
[G]lobal-Class Technical Expertise: We are the only EPC solar panel provider in our segment with experience executing projects of over 450 MWp in a single location and have operated over 1.3 GWp of solar energy. Our team also has deep expertise in inverter technology, fixed modules, solar trackers, and both String and Central inverters.
[E]merging Advanced Technological Components: We only use Tier 1 solar modules and inverters, and employ robotic module cleaning systems for optimal performance and water savings.

Our commitment as an EPC solar panel provider is supported by international certifications, such as ISO 45001 for Occupational Health and Safety Management, ISO 9001 for Quality Management, and ISO 14001 for Environmental Management Systems.

Essens Renewable Indonesia is also committed to sustainability, integrating various ESG initiatives in every project and offering full transparency regarding the impact generated.

Discover the range of EPC solar projects we can handle on our Project Portfolio page or Contact Us to discuss your solar panel needs.

Source:

https://www.renewableinstitute.org/solar-power-takes-the-lead-as-the-cheapest-energy-source-worldwide/#
https://www.euronews.com/green/2025/10/08/solar-energy-named-the-worlds-cheapest-power-source-what-it-means-for-europe
https://www.wtsenergy.com/solar-cheapest-energy-source-in-history-factor/