Solar Power Business Model
Anyone can use solar cells to generate electricity from sunlight.
Solar power business model. Most of those properties. The latest estimates by google s project sunroof tool show that out of the approximately 160 million properties in the us 75 are viable for some type of solar panels. But your solar energy business isn t just about sunshine. This model required a very marketing strategy.
The business model canvas perspective xiang cai 1 meiying xie 1 haijing zhang 2 zhenli xu 2 and faxin cheng 3 1 business school nanjing university of information science technology nanjing 210044 china 2 business school guilin university of electronic technology guilin 541004 china. Solar power is the conversion of energy from sunlight into electricity either directly using photovoltaics pv or indirectly using concentrated solar power. In this model a business entity known as a special purpose entity spe owns the community solar project. Self consumption business model 39 4 1.
With lower investment of 2 to 5 lakh in this model. This entity can be a for profit or nonprofit organization. Regulatory frameworks for ppas 54. Eu wide solar pv business models guidelines for implementation.
The easiest and most cost effective way to ensure all of the foregoing is to buy a franchise as the entire business model is already created the kinks are worked out and the business is essentially ready to go. This model required 1 2 engineers with knowledge of the solar sting inverter. If you want to sell the solar panels only then you can take up a franchise of the big solar panel producing companies which is available against an amount of around 1 lac in india as of now. Types of solar panels.
Regulatory frameworks for self consumption 41. There are different types of solar panels from three to three hundred watts and the price of each varies accordingly. Power purchase agreements ppa s supply contract business model 52 5 1. Nowadays the demand for the solar arrangement as an alternate source of energy is growing very fast.
While this model helps to ensure that most of the benefits of the community solar project are kept within the community there are some challenges depending on the spe organization. To accurately survive in this business research various solar power franchise opportunities and select a franchise to work with.