5mw Solar Farm Cost

The 5mw solar farm is the first commercial solar project in the cayman islands.

5mw solar farm cost.

Westmill solar consists of 21 000 panels and it will become the largest community owned solar farm in the world if farmer adam twine s recent share issue to buy back the array is successful. Although the cost range will depend on a number of factors like location and available sunlight hours industry experts have stated that the. To generate 5mw of power requires an array covering approximately 25 acres of land. The predictions for capital costs for a typical 10 mw solar farm in uk is graphically represented below.

How much energy will it generate. Solar farm acres per megawatt. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average. Building a solar farm cost breakdown and profit margin roi.

5mw solar farm. Solar farms at the utility scale will probably be at least 1 megawatt mw which is a power plant capable of supplying some 200 households. Based on the average annual energy consumption of a uk household a solar farm of this size will generate enough power for approximately 1 500 homes a year. The farm comprises 21 690 poly crystalline photovoltaic solar modules each with a dc rated capacity of 305 watts.

It was completed and commissioned in june 2017 and is located on a 20 acre site in bodden town grand cayman. Already the new venture has announced that it has the 2 5 million necessary to take the project on to the next stage it needs another 16 5 million to buy the pv farm outright.