I would like to Start Solar Energy Business.But i don't how to start and where to start?

Question

I don't know even basics in this industry.as i heard that this business is going to be crazy in coming days,i would like to start it

Answer 1

I agree, it would be a great business to get into, right now the manufacturer cannot keep up with the demand.

But I probably know less than you do.

however, we could do on line searches, everything we need to know is on the net, we just have to find them.

Answer 2

There's a definite market for solar-powered systems in the US and Asia. As electricity bills and inflation concerns rise, a lot of us will be shifting to solar, hydro and wind-powered sources. The adoption rate is steadily increasing and your focus should be on the dual areas of Solar and Wind Energy.

Suzlon is a known company in wind generation and you've got GE and Mitsubishi in solar power generation. The main profits for your solar energy business is in solar-powered homes (i.e., supply and installation of solar panels and other energy sources in homes). This is a market that's likely to see booming business over the coming years.

Answer 3

Be careful, I lived in Phoenix for years where it is one of the most ideal places for solar power because the sun shines just about 365 days a year. I have seen many solar companies come and go. Solar is always popular when the government subsidies are big, then fail as soon as they end because solar just can not compete with the grid on a cost-effective basis. It is great and works well to reduce fuel usage, but still is expensive power.

WHY? Simple. One panel will cost about 300-500 Dollars and will supply about one light bulb worth of power for a few hours a day. It will cost about 3000-4000 Dollars to install the necessary inverters / Controller, etc. so it (the system) can work to make actual AC power into your house.

The average cost of grid power is about 10 Cents/1000Watt-Hours, so the grid cost of lighting one 100Watt bulb a few hours a day is about 10 Cents.

As you can see, without major subsidies, or tremendous increases in grid costs, Solar just isn't practical from a cost-effective perspective. That is why even in places like Phoenix where the sun always shines, you see very few solar systems on houses.

"Environmentalists" either lie about home Solar power, or they have had no experience with it. I have had a lot of experience with it. Commercial plants with concentrating collectors on a large scale have a much better chance of becoming cost effective.