Although solar energy is a free and abundant resource, the generation of electricity through the PV systems is not completely free of cost. There are several factors that should be considered before deciding whether it is economical to install a PV system or not.

The first thing that should be considered is the location of your residence. People who live in the sunny areas of the world have a greater advantage as compared to those who are settled in less sunny areas.

Generating electricity from solar means is more beneficial if the electricity rates in the region where you live are particularly high.

But the main thing you should think about is the installation cost, which is the most dreadful part of the solar power generation. The basic initial cost of installation can be very high for a household. As of 2009, a residential solar panel setup cost somewhere between $8 and $10 per watt to install. The larger the system gets, lesser the cost becomes per watt.

For a long time I have dreamed of something and now it seems that it will be a reality soon. I have always wished to see a solar powered solar panel factory, or a wind powered wind turbine factory. The basic fact is that in order to get started you use a little fossil fuels, then the first however many turbines/panels off the line power the factory, from then on in its all carbon neutral.

Sharp Decided to Initiate a Mega Solar Power Generation Plant

It has been decided by the good folks at Sharp – which is one of the world’s largest solar panel makers that they are finally going to go and give a try to initiate a mega solar power generation plant. They have planned to install two solar power plants in Sakai District. One of them will give a power output of approximately 10 MW and the other one will generate a power of 18 MW. They have decided to build these solar panels over an old industrial waste landfill site.

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