With over 250 GW of installed solar power capacity, China is presently the world leader in this field. Australia, with more than 18 GW of installed solar power capacity, comes in second. What is the price of a solar power plant producing 1 MW?
The location, solar panel type, and labor costs are only a few of the variables that might affect the price of a 1 MW solar power plant. A 1 MW solar power plant, however, typically ranges in price from $1 million to $2.5 million. Can I construct my own solar farm?
You can create your own solar farm, yes. However, this calls for a substantial investment and level of knowledge. Before starting such a project, it is crucial to carry out extensive study and speak with professionals.
Yes, given India’s government’s focus for green energy, solar farms can be viable there. The location, installation costs, and cost of power are only a few of the variables that affect a solar farm’s profitability. However, solar farms can be a profitable investment in India if they are planned and implemented properly.
To respond to the first query, one normally needs to complete an appropriate course or apprenticeship, receive practical experience through on-the-job training, and acquire the required licenses and certificates in order to become a solar installer in Australia.
Regarding the second query, there are a number of factors that might cause a solar company to fail, including poor management, a lack of capital or cash flow, ineffective marketing or sales tactics, fierce competition, and modifications to governmental incentives or rules. Additionally, some businesses could find it difficult to keep up with technological changes or might fail to deliver high-quality goods or customer service.