Rs. 7 Crore
The cost of 1 MW power generation is Rs. 5.0 crores in thermal power plant.
Solar power generation is hard to get with a preexisting home for a low cost. Solar panels are possible, but they are expensive. A passive solar home uses the sun's energy both in winter and summer to heat or cool the house.
Wholesalesolar.com has great information about wind and solar home power generation systems and compares different prices and brands. This website should really help you compare the prices of wind and solar home power generation systems.
what is the comparative capital and maintainance cost of a solar
daily output of a wind turbine
solar power from a concentrated solar power plant costs the same as electric from a fossil fuel pant. if you install home photovoltaic solar panels, it will cost up to $25,000. after installation, there is little maintenance and the panels will last over 30 years.
Renewable energy sources, such as solar and wind power, contribute the maximum growth in power generation globally. These sources are becoming increasingly cost-effective and sustainable, leading to their widespread adoption in many countries.
Lewis M. Fraas has written: 'Path to affordable solar electric power & the 35% efficient solar cell' -- subject(s): Cost effectiveness, Gallium arsenide solar cells, Photovoltaic power generation, Solar cells, Solar energy, Technological innovations
Reach energy cost reduction goals and improve utility efficiency.
There are more coal plants than solar plants because the cost per Mega-Watt is much less using coal than solar power, and currently coal is more efficient. The problem today is that in a environmentally conscious society coal is a 'dirty' fuel, and solar power is clean. That is why environmentalists are pushing for more Solar (and wind) power generation.
Solar power only requires initial investment. The cost of setting up solar panels is high, but after that, the cost of maintenance is negligible.
The cost of an energy source varies considerably. It depends upon how much energy you want, as well as the type of energy generation you want; solar power and diesel power have different costs, for example.