Sovereign Metals – An Industrial Case Study

Looking for the right solar installation partner? You’ve come to the right place! At Renevik, we are proud to work with a diverse range of clients across various industries, helping them harness the power of the sun and reduce their carbon footprint. One of our most notable industrial clients is Sovereign Metals, a leading refiner of speciality and precious metals.

The Challenge

Sovereign Metals had been looking for ways to reduce their energy costs and decrease their environmental impact for some time. Their annual electricity bill was just shy of 2 crore rupees, which is an alarming figure for any business. And with the kind of growth they were projecting, their electricity bill would keep shooting up. Add to this the rising inflation which makes the rates go up even further. Imagine the kind of holdback this would be to the company’s growth!

It was in such a situation that they reached out to us for a consultation. They were looking for the best solar energy company in Rajkot and that’s when they discovered us. Our team conducted an energy audit of their facility to determine the best solar solution for their needs.

“Every company has different energy requirements as well as financial limits, and as the best solar energy company in Rajkot, we recognise this. We collaborate closely with each of our clients to create unique solar solutions that satisfy their particular needs.”

The Solution

After analyzing their energy usage, we recommended a 450-kilowatt (kW) solar panel system be installed. Now the challenge was to accommodate the installation while maintaining the aesthetic of the unit.

This pushed us to further rework our plans and this time we came up with an innovative solution whereby 380-kilowatt (kW) solar installation would go up on their factory roof and about 70-kilowatt (kW) solar installation would be done by utilising their huge car parking space. Thus the carport installation was conceived.

Collectively the system would generate enough energy to offset a significant portion of their electricity usage and help the company achieve their sustainability goals. The installation process was completed in just a few weeks and was fully financed, designed and installed by our company, making it hassle-free for Sovereign Metal.


The Aftermath

Since the installation, Sovereign Metals has seen a noticeable decrease in its energy costs and have been able to use the excess energy generated by the solar panels to offset their energy usage at peak times. This has not only helped the company to save money, but it has also helped to reduce its carbon footprint, which is a major focus for them as a company. According to our projections, they will recover the entire cost of solar installation within the first few years. 

In addition to cost savings and environmental benefits, the solar panel system has also provided a reliable source of energy for Sovereign Metals, helping to ensure that their operations are not disrupted by power outages or fluctuations in the grid.

Solar Solutions for All

We are proud to have worked with Sovereign Metals on this project and to have been a part of their journey towards sustainability. The success of this project is a testament to the positive impact that solar energy can have on industrial facilities and the importance of investing in renewable energy sources. At Renevik, we understand that every business has unique energy needs and budget constraints. That’s why we work closely with each of our clients to design custom solar solutions that meet their specific requirements. This has earned us the tag that we cherish very dearly – the best solar energy company in Rajkot.


We are excited to be at the forefront of this movement and to continue working with innovative companies like Sovereign Metals to make solar energy accessible to everyone. It is on the back of such projects that we proudly carry the tag of being the best solar energy company in Rajkot. Their initial challenge of rising electricity costs and aesthetic placements of solar panels were both overcome with insights and efforts from our expert engineers. Today, Sovereign Metals enjoys the benefits of solar installation in the form of minimal electricity bills while being an environment-friendly unit.

If you’re interested in learning more about how solar energy can benefit your business, contact us today to schedule a consultation. Our team of experts will work with you to design a custom solar solution that meets your energy needs and budget constraints.