Solar panels possiblities

[Mike Mayor]

I worked out that depending on where you live solar panels will pay themselves off within 7-10 years. It also depends on how much sun your country gets as well. Maybe if you take a loan you can break even with the electricity bill and then it's free forever. I think for young people it is a good investment.

I see how in Europe and America many people are starting to equip houses with solar panels and so many of their projects on green energy are incredible. Unfortunately, for the time being, in our country it is forbidden to install individual solar power plants, which contributes to the growth of popularity.

What!? So you can't do what you want with your own house? I wouldn't want to live there.

[dothebeats]

For a large scale mining operation, one needs to possess an arsenal of solar panels, and we know how much it will cost, not to mention the machines for mining and infrastructure that will house both. The cost is significantly higher than just having your local energy provider hook you up, with little to no maintenance cost for power source. Power is significantly cheaper too since companies provide special rates for industrial connections. If solar panels become affordable, perhaps miners would switch to it, but for now that alternative is crossed out from the options due to its hefty capital requirements.

[MakeMoneyBtc]

Probably the main reason why people don't use solar panels it's because they are not quite cheap. The average price for a solar panel installation is around $11.000. The problem is not their functionality because over the years you would more than recover that money and then you basically have free energy but the problem is the initial cost for the installation of such panels.

[franky1]

the UK for instance during winter only gets sunlight from ~8am to 4pm
thats 8 hours.
in that time it has to absorb enough energy to cover 24 hours. meaning the solar panels need to absorb 3x more energy than the hourly consumption. in short if your using 2kw an hour then you need solar panels that can get 6kwh

you then need inverters and also battery capacity to store 32kwh. or sell the spare 32khw to the grid during the day, and then buy 32kwh from the grid when needed during the evening/night

[NeuroticFish]

Would help a great deal if the governments actually helped with the implementations though.

Poor countries usually have corrupt governments. And corrupt governments don't invest in people's well being.
So I guess that you are expecting too much if you ask governments help such initiative in poor countries - whether it's Africa or other continents.

[CryptoBry]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Though the cost of electricity generated from solar projects is very less, The initial investment in solar projects is huge as solar panels and inverters are costly. Even climate conditions affect the solar energy production. These are some of few reasons causing hindrance to growth of solar energy.

Indeed, solar energy calls for huge investments and that is why only a few of our population are into solar electricity generation. Of course, if one has the capacity to invest money over time the cost can be recovered and the return of investment can be good. This is what I am planning soon when I will be developing a parcel of land my family own but the location has no traditional supply of power. We are all hoping that soon the cost of this technology can lower further so that more and more people gonna exploit the power of the sun including those involved in bitcoin and cryptocurrency mining.

[franky1]

Would help a great deal if the governments actually helped with the implementations though.

Poor countries usually have corrupt governments. And corrupt governments don't invest in people's well being.
So I guess that you are expecting too much if you ask governments help such initiative in poor countries - whether it's Africa or other continents.

im guessing your still watching the 1980's tv adverts for oxfam Ethiopia with natives topless living in shacks
.. heres an update


im guessing your still watching the 1980's propaganda for china where its just rice paddy fields
.. heres an update

[Adriano2010]

Is hard for people who not live on house to install solar panels, and also who live on rent can't install solar panels but i agree there should be more solar panels, and also people who not afford can't buy them.

[franky1]

Is hard for people who not live on house to install solar panels, and also who live on rent can't install solar panels but i agree there should be more solar panels, and also people who not afford can't buy them.

solar is not the cheapest. nor is it the most productive (night time restrictions on generation)
though compared to coal and oil it is cheaper.
there are other options too, mainly hydro has the best potential energy that can be utilised night and day, though not so independantly installable residentially due to lack of rivers/streams/creeks at each household.

[Instel77]

Is hard for people who not live on house to install solar panels, and also who live on rent can't install solar panels but i agree there should be more solar panels, and also people who not afford can't buy them.

solar is not the cheapest. nor is it the most productive (night time restrictions on generation)
though compared to coal and oil it is cheaper.
there are other options too, mainly hydro has the best potential energy that can be utilised night and day, though not so independantly installable residentially due to lack of rivers/streams/creeks at each household.

Not to mention wind generated electricity which is creating more than 10% of the power needed in countries like germany and sweden annually, there is a big opportunity for mining and blockchain with the developements happening in the renewable energy field

[blitzy]

solar must be getting more popular, my power company just lowered credits by 15%, you now have to give them slightly more energy than you take in to break even.

[bonker]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Solar panels are not cheap they are far expensive compared to the electrical generators and also it will not work all the time so efficiency is also less.If you have capital to install solar panels then go ahead but it will take time for the normal people to adopt.

[Ucy]

I guess because they are very expensive and inefficient compared to other energy sources of the same capability.
It will probably become more efficient and less expensive in the future.

[uneng]

Because electricity is a big business controlled by governments in many countries. The electricity companies belong to the governments and they use it to put their friends and allies to work at. If you want to buy a vote on the congress, put a nephew or a cousin of a congressman in the electricity company.
Solar energy makes people become autonomous, make them need third party services even less. And once you stop generating money for the government electricity generator, there won't be any money to pay their worthless employees.

[cryptjh]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Solar panels are a great way to get energy from the sun instead of burning coal or oil. Here where I live there are some big solar panels farms that can give electric in the daytime and we also have windmills that can generate electricity around the clock unless its a day without wind, however on nights without wind there's no electricity from those resources so electric still comes from coal on those occasions.   

[Aalu]

Solar panels are being used in the place of electricity. It is accessible easily, and is used by the people who are deprived of electricity. It is cost effective as well.

[bonker]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Solar panels are a great way to get energy from the sun instead of burning coal or oil. Here where I live there are some big solar panels farms that can give electric in the daytime and we also have windmills that can generate electricity around the clock unless its a day without wind, however on nights without wind there's no electricity from those resources so electric still comes from coal on those occasions.   

They are more expensive to install and are less effective compared to the electricity,most effective method of making electricity is through nuclear power plant but it have high risky.

[Pamadar]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Solar panels are a great way to get energy from the sun instead of burning coal or oil. Here where I live there are some big solar panels farms that can give electric in the daytime and we also have windmills that can generate electricity around the clock unless its a day without wind, however on nights without wind there's no electricity from those resources so electric still comes from coal on those occasions.   

They are more expensive to install and are less effective compared to the electricity,most effective method of making electricity is through nuclear power plant but it have high risky.

That's the fact, you also needs to have a huge amount of investment before you can acquire this setup, it's expensive and not as friendly for people who's leaving in a third world country, though it's really a good source if you do have initial capital imagine enjoying your free electricity without worrying your monthly bills.

[rodel caling]

I'm curious why so few ppl\companies use solar panels? It's so cheap and it'lll save some resourses of our planet. So why don't we use it?

Solar panel is very useful specially to the country with too expensive rate of electricity and some companies use it as an alternative power source incase have an power interruption to continue operation of productions.

[bivaetjetakoe]

You have a very interesting and creative idea