Sanjay Negi's thoughts on Current Affairs and Information Technology Directions.

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Saturday, April 14, 2012

Making the economics of Solar Power work in city centers. | LinkedIn Answers | LinkedIn

Making the economics of Solar Power work in city centers. | LinkedIn Answers | LinkedIn


Making the economics of Solar Power work in city centers.

One square meter of solar photovoltaic panel costs USD 800...this would come down to about USD 300 in another 7 years.


One square meter of commercial space in New Delhi sells for USD 800. All that the government needs to do is to issue permits to developers to build an extra unit of commercial space for every unit of solar panel installed on their roofs. The city would get plastered with solar panels in a jiffy....and there would be carbon credits to be accrued for the developer as a bonus.


As the prices of panels falls or as the commercial reality rates rise, the permits could be calibrated accordingly on an annual basis.


I wonder if there is any downside to this.

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