Your Questions About Solar Energy International

Nancy asks…

What are the expenses of Solar Energy?

i just want to know the expenses of solar energy…i badly need an answer because it’s our research project..help me please..:D..thank you..:)

admin answers:

The big expense is the cost of setting up. Solar power is not particularly efficient at the moment so you have a lot of infrastructure that you have to put in. Australia has just started funding a solar project recently

http://www.theaustralian.news.com.au/story/0,20867,20645117-28737,00.html
http://mdn.mainichi-msn.co.jp/international/news/20061025p2g00m0in017000c.html

These are a few articles on it. The other costs are the drawbacks. You have to store the power because power usually peaks at night time and solar power peaks during the day. So you have the cost of energy storage on top of the plant costs. To be totally honest with you I don’t think anybody has a very accurate idea yet on how much it will cost to produce solar power. It is an older technology but it has not until recently been investigated on the scale that people are looking producing today. So there are costs of unforseen problems that will have to be factored in. These costs should drop over time as solar power becomes more common but the initial outlay may be substantial.

Anyway I wish I had more to say, Good luck with your research project.

Joseph asks…

what factors would cause a local solar energy sector to enter into international markets?

I am trying to find out what forces or factors would make them seek business elsewhere other than in their own country. Also what forces would pull them from their country ?

admin answers:

Tax incentives for solar companies. It all boils down to money.

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