Reitz India Saves ₹9 Crore with Freyr Energy Rooftop Solar

Reitz India Saves ₹9 Crore Annually with Freyr Energy’s Rooftop Solar

Reitz India, a leading industrial-grade centrifugal fan manufacturer serving sectors such as cement, oil & gas, power, food processing, pharmaceuticals, glass and ceramics, has significantly lowered its operational costs by adopting rooftop solar at its Isnapur facility. With the installation of a 650 kW rooftop solar system, the company now meets nearly 45% of its total energy requirement through clean, renewable power.

This initiative has delivered strong financial and environmental benefits, making Reitz India a model for sustainable industrial operations.

Why the Solar Transition Was Important

Before installing the commercial solar system, Reitz India’s electricity expenditure averaged ₹1.17 crore per month, adding up to approximately ₹14 crore annually. Given the energy-intensive nature of manufacturing centrifugal fans, grid electricity formed a major share of their recurring operational costs.

The company also had large shed-roofs and underutilised rooftop space that presented an ideal opportunity to develop a long-term renewable energy asset.

How Freyr Energy Executed the Project

Freyr Energy evaluated that an investment of ₹2.6 crore in rooftop solar infrastructure would help Reitz India address rising industrial electricity tariffs and build energy resilience.

The project was executed in two phases:

  • Phase 1: 500 kW commissioned in May 2023
  • Phase 2: 150 kW commissioned in July 2025

To ensure high energy yield and long-term performance, the system uses 540 Wp TOPCon solar modules sourced from Goldi Solar and Saatvik Solar.

A web-based remote monitoring and energy-management system has been integrated to provide real-time generation data, performance tracking and maintenance alerts. This ensures the system consistently operates at optimal efficiency.

Financial and Operational Impact

The 650 kW rooftop solar system delivers:

  • Monthly energy generation: around 60,852 kWh
  • Daily average generation: around 2,550 kWh
  • Annual electricity bill savings: approximately ₹6.7 crore
  • Annual tax savings: approximately ₹2 crore
  • Total annual benefit: close to ₹9 crore

With nearly 45% reduction in grid dependence, Reitz India has been able to substantially cut its power costs. These savings can now be diverted towards upgrading manufacturing systems, R&D and future expansion.

Broader Significance for Indian Industries

Reitz India’s rooftop solar adoption highlights how industrial units with large roof or shed space can convert unused areas into productive, high-return energy assets. For power-intensive manufacturers, rooftop solar offers:

  • Protection against rising electricity tariffs
  • Predictable long-term operational costs
  • Improved energy security
  • Reduced carbon footprint and stronger ESG alignment

This project demonstrates that rooftop solar is not just a cost-saving measure but a strategic business investment.

A Strong Example of Clean, Competitive Industrial Growth

By shifting to renewable energy, Reitz India has improved its cost competitiveness, strengthened its sustainability profile, and reduced exposure to grid-power fluctuations.

The success of this project reflects Freyr Energy’s commitment to providing reliable, efficient and technology-driven solar solutions that support India’s clean energy transition.

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