Menu

SORALITE POWER

Contact us for any query

Startup Idea for Staying Six Step Ahead of Competition

Staying two step ahead of all of your competitor is the required strategies of a modern industry. But preparing for the future before the future itself become “tomorrow “ will lead you to six step head of every one. This futuristic startup idea will lead you to future of solar industry in INDAI

Touch/Click here for business proposals for a startup in solar industry 

Touch/Click here for business proposals for a startup in solar industry 
 

 

Did you know about the current situations of solar industry in INDIA?

Please refer following blogs for your better understanding.

Solar promoter can earn without any investment and company registrations

Solar broadcast, learn the fundamentals & economics of solar energy business.”

"You can make site/app like OLX & Quicker for sell of second hand solar power plants"

Buy and Sell an old solar power plant.

As per the current situation, after subsidies provide by the Indian Government, payback period of an On-grid solar power is 5 Years. So what will happen if someone wants to sell his solar power plant after 5 years?

Now suppose, there a person named Mr. Rahul who brought a 5kW On-grid solar power plant for his home. And after subsidies, he pays 270,000 for the same. But the actual price of solar power is 370,000.

 

Please refer PRICE OF SOLAR POWER PLANT blog for the pricing of ON-GRID solar power plant

Touch/Click here for business proposals for a startup in solar industry 
 

And after Five years his full investment is payback in saving of his electricity bills. Its time for him to make profit on his investment, he could make upto 60,000 as profit per year and his profit will increase as the price of electricity per unit is increase, but suddenly after five years he got some emergency and he want some money.

Now he is saving about 60,000 rs per years on his electricity bills every year and he want to sell his solar power plant.

The life of a solar panel is more than 30 years but it's efficiency in decrease every year. As per MNRE (Ministry of New and Renewable Energy) standard the efficiency of a solar panel should not reduce below 20% in 25 years. And the same is following by every standard solar panel manufacturer.

The efficiency of Mr. Rahul's solar panels is still in good shape and if he had a extended warranty on his String inverter (SOLAR INVERTER). He could sell his solar power plant in good amount directly to end user or to any solar EPC company.

 

What will be the price of OLD solar power plant?

If someone wants to buy an old solar power plant, than he should know the cost of dismantling solar power plant from existing roof and installing it on new/his rooftop shall include in the cost.

Let do some math here

Let say the efficiency of OLD solar power plant is reduce by 5%, so its price should also reduce by 5%.

therefore 270,000 x 0.95 = 256,000.

Now let says the cost of dismantling solar power plant from existing roof = installing it on new rooftop

the cost of installation of solar power plant of size below 20kW is about 3rs per watt.

Please refer BASIC OF SOLAR blog to understand the term WATT”

Touch/Click here for business proposals for a startup in solar industry 
 

Now the cost of dismantling solar power plant from existing roof = 5x1000x3 = 15,000.

Also not every item of solar power plant can be dismantle, so there will be some items needed to be purchased for new solar power plant.

Let say 30,000rs of items are needed to be purchased for new solar power plant

Now the price of an OLD solar power plant will be = (95% of 270,000) - (cost of dismantling) - (cost of installation) – (Cost of new items)

Now the price of an OLD solar power plant will be = (270,000x0.95) – 15,000 – 15,000 – 30,000

the price of an OLD solar power plant will be = 196,500

Not every client will agree with this price, this price will be further negotiated.

Let say the after negotiation the Solar power plant is sell at price of 175,000

so the price of OLD solar power plant is 35rs Per WATT which is lower than the best market price of 54rs Per WATT (after subsidies)

So Mr. Rahul get 65% as profit of his investment on solar power plant and new client get 65% (on the actual cost of solar power plant i.e. 370,000) of discount for his Solar power plant and Solar contractor will get his profit for dismantling and installing of solar power plant.

 

But it is the future of the solar industries and if you wanna part of it than start learning now about the fundamentals of solar energy and its business.

 

Touch/Click here for business proposals for a startup in solar industry 
 

GET ALL UPDATES IN YOUR WHATSAPP,

SEND “START SOLAR BROADCAST” TO +91 9013584383 NUMBER

AND GET ALL UPDATES

 

Solar broadcast, learn the fundamentals & economics of solar energy business.

ALREADY MORE THEN 1000 OF PEOPLES FROM AROUND THE GLOBE ARE ON SOLAR BROADCAST

Touch/Click here for business proposals for a startup in solar industry 
 

 

Go Back



Comment

Contact us for any query

alt

Project Glimpse