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Assuming the cost of Solar Panels to be around $1/Watt the cost of Solar Panels is around $1 million for1 MW of energy generation. But Solar Panels generate energy for about6 hours daily. So for a24 hour system the energy generation would have to be four folds or $4 million. Furthermore there are costs in energy storage and conversion which are about2.5 times the Solar Panel cost. So roughly speaking the cost of the1 MW system is around $10 million.
Panel Area m2
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for such system the cost of solar supply system is USD4700 per1Kw load. The cost includes solar panels, batteries, controller and installation cost.
14.29
INR6 Crore Only...
the cost of one watt about one
dollar
