Starting any type of business requires proper state and federal registrations; starting a solar power business requires all this as well as contractor licensing, depending on the state you do business in.
For any business keen on having MW scale solar power plants, the first and most important question they should ask themselves is: Who will buy the power? The answer to this question to a significant extent will decide the business and revenue model for the power plant, and also pretty much define the risk and return profiles.
To a certain extent, the type of buyer could also determine the financial returns on the project. A utility scale Solar PV plant can be monetised through several avenues: Each of the above business avenues is explained below. There are two ways you could sell power to these state utilities.
This model is currently not very popular in India due to poor sales of RECs Sale to Private Consumer A private company is free to purchase power from whoever they wish, with only a few constraints attached.
You could sell the power generated to private companies as well. This route typically is through a power purchase agreement. The price is usually decided based on negotiation. The PPA term may only be 5 years initially. The private consumer will need to apply for Open Access to buy power from anyone other than the utility Solar developers who sell power to private consumers are entitled to RECs, provided the consumer is not under a Solar Purchase Obligation Captive Consumption For power plant developers who also happen to be running energy intensive businesses, the third route to sell power is through the captive consumption of the solar power generated by their own power plant.
The solar plant developer is also the consumer of power. If located some distance from the facility, the cost of transmitting power to the facility including open access charges will need to be paid to the grid operator.
This cost will need to be added to the cost of generation of solar power to arrive at the landed cost of power at the facility Solar generation under captive consumption is also eligible for RECs, provided that no concessions have been obtained.Once a business has determined that a commercial solar water heating system is right for its facility, the next step is to find a licensed contractor, who will assess the business's hot water needs and determine the right system before performing the installation.
The Startup Financial Model template is perhaps the most comprehensive, robust, adaptive, user-friendly and cost effective financial tool of its kind on the market today and I use it extensively in my CPA practice and instructing MBA students on its use and application.
Systems and processes are the essential building blocks of our companies.
Every facet of your business—on the shop floor, in the warehouse or in the office—is part of a system that can be managed or improved by applying correct principles. An energy KPI or metric is an efficient and transparent way to supervise, analyze and optimize any kind of energy relevant process.
Mostly these performance indicators are used by energy suppliers as well as manufacturers that need energy as a key input in their production process. Freemium Business Model Template Giff Constable November 5, metrics, startups Update: you can still download the model if you want and see if there are any pieces you can use, but I am working on a new version that is a little more cash-oriented.
Acme Aquaponics’ Business Plan September 21, Acme Aquaponics S. Berger Rd., Acme, Oregon and this system uses only 10% of the water needed for the same amount of crop produced on land.
The other detail that still fascinates Mila Clacker is how far America is behind in this area Solar panels $12, September