As Ethiopia is a quickly developing country, the demand for electricity grows by 30% each year. The government electricity price per unit varies state to state and may subject to increase and decrease as per government policy.Due to favorable conditions in Ethiopia ( water power, wind power, photovoltaics, geothermal energy) for power generation, the country avoids exploiting and importing fossil fuels as much as possible.The exact electricity generation depends on daily sun hours/availability. The electricity generation shown above has been taken on an average basis.Don’t consider it as exact income from 1MW solar power plant. All the figures shown above are just to provide a rough idea of income from 1MW solar power plant.₹43,51,000 (Total income – Annual Maintenance Cost) In addition, a 1 megawatt solar power plant can recover its cost within 5 to 7 years ( on average). The income from a solar power plant depends on several factors like daily electricity production, your own electricity consumption, government purchase policy & prices, etc. 1,20,000 units x 12 months = 14,40,000 units/year.īut the exact generation can be varied according to the types of solar panel you installed, installation location, solar brands, etc.Since a 1kW solar system generates = 4 units/day.But now the question comes that after all how much electricity can it actually generate. Don’t consider it as exact maintenance cost of 1MW solar power plant.ġMW solar power plant is not a small capacity system, so it is obvious that its generation capacity will be very high. All the figures shown above are just to provide a rough idea.And it’s not hard to do so by wisely investing some money on its regular maintenance. In order to maintain the productivity and efficiency of a solar power system, its proper and timely maintenance is important. Prices may subject to increase and decrease time to time.Don’t consider it as an exact and final cost of 1MW solar power plant. All the figures in above table are just to provide a rough idea.* Land value of 5 acre is not included in this table.You can now compare and analyse the cost of solar panels, solar inverters and other accessories individually. Installation Cost of 1MW Power Plantįor better understanding of investment in 1 megawatt solar power system, we have break down the overall cost in fragments. Thereafter, you can supply the electricity to the government for more than 25 years. You can now install 1MW solar power plant b y investing INR 4-5 crore. The cost of solar power systems has changed recently and the government is promoting green energy in many ways. We have used 400 watt solar panel and 1MW solar inverter for the calculation.Integrated with Remote Monitoring system web basedĭC Side= 10 mm², AC Side=LT: 16mm² & HT: 185mm² You can customize the solar system by increasing or decreasing the quantity of these components according to their power ratings. To set up a 1 megawatt solar power plant at any place, you need the following components. Quality solar components are a key to a successful and efficient solar power system. Components Required for 1MW Solar Power Plant Here we have a rough design of 1 megawatt solar power system below. You can change this design after concerning a team of solar experts. 250 Liter Solar Water Heater With Complete DetailsĪ 1MW solar photovoltaic system can be design and customize as per your requirement.
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