Solar Project Framework:
1. Project Overview
Location: Mysuru, Karnataka
Requirement: 5 MW solar installation
Purpose: Specify the project’s goal (e.g., reducing energy costs, contributing to
renewable energy adoption).
2. Feasibility Study
Solar Potential in Mysuru:
o Average solar irradiation: ~5.4-6 kWh/m²/day (research and cite specific data for
Mysuru).
o Land area required: Approx. 5-6 acres per MW (consider topography, shading,
and access).
Regulatory Requirements:
o Guidelines from Karnataka Renewable Energy Development Limited (KREDL).
o Permits and approvals required.
3. Technology Comparison
Photovoltaic Technologies:
o Monocrystalline Panels:
Efficiency: ~19-22%
Higher cost, but space-efficient.
o Polycrystalline Panels:
Efficiency: ~15-18%
Lower cost, less efficient than monocrystalline.
o Thin-Film Panels:
Efficiency: ~10-12%
Lower cost, performs better in low-light conditions.
Inverter Types:
o Central Inverters vs. String Inverters.
Tracking Systems:
o Fixed Tilt vs. Single Axis Tracking (increases efficiency by ~20-30%).
4. Cost Estimation
Capital Expenditure (CAPEX):
o Equipment: Panels, inverters, tracking systems.
o Installation costs: Labor, land preparation, structural setup.
o Estimated range: ₹3.5–5 crore/MW (₹17.5–25 crore for 5 MW).
Operational Expenditure (OPEX):
o Maintenance, cleaning, and operational staff.
o Annual costs: ~₹5-7 lakh/MW.
Payback Period:
o Depending on tariffs and incentives, typically 5-7 years.
Breakdown:
o Panel Costs: ~₹1.5–2 crore/MW.
o Inverters: ~₹50-75 lakh/MW.
o Balance of Systems (BOS): ~₹1-1.5 crore/MW.
5. Vendor Comparison
Leading Vendors:
o Tata Power Solar
o Adani Solar
o Vikram Solar
o Waaree Energies
o RenewSys
Criteria for Selection:
o Experience with large-scale installations.
o Technology offerings.
o Warranty and after-sales service.
o Project timelines and costs.
6. Incentives and Financing Options
Central and State Subsidies:
o Details of KREDL policies and Central Government incentives under the National
Solar Mission.
Net Metering Policies:
o Current status and benefits in Karnataka.
Funding Options:
o Green loans, PPA models, or direct CAPEX funding.
7. Environmental and Economic Impact
Environmental Benefits:
o Reduction in carbon emissions.
o Contribution to Karnataka’s renewable energy targets.
Economic Benefits:
o Cost savings over 25 years (lifetime of the panels).
o Potential revenue from selling excess power.
8. Timeline and Implementation Plan
Phases:
o Feasibility and design: 1-2 months.
o Procurement: 1-2 months.
o Installation and commissioning: 3-6 months.
Milestones:
o Land acquisition, permits, procurement, testing, and operational handover.
9. Risk Assessment
Weather-related risks.
Regulatory changes.
Delays in procurement or installation.
10. Recommendations
Best technology for Mysuru’s climate: Monocrystalline with single-axis tracking.
Preferred vendors based on cost and reliability.
Financing model based on organizational needs.
