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_jgdh | 5 years ago

Yeah it’s a great business to be in. As long as the climate doesn’t change, you’ll be pumping out electricity from a plant at an unbeatable price - since there’s no input apart from maintenance costs. How long do solar panels last before you need to replace them though?

Since you’re so on well informed about this here’s another question. I notice that battery prices are roughly halving every 3 years. At what point does it become cheaper to attach batteries to Indian solar plants than it is to operate coal powered plants?

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rogerthat_au|5 years ago

- How long do solar panels last before you need to replace them though?

A lot of them offer warranties for 20-25 years. Most tier 1 panels are expected to last 25-30 years.

- I notice that battery prices are roughly halving every 3 years. At what point does it become cheaper to attach batteries to Indian solar plants than it is to operate coal powered plants?

At a grid level this is a complex question that I'm not completely qualified to answer because it goes into the larger question of energy mix and energy security. At a factory or building level, we are not that far - we're already offering monthly packages (in terms of cost) which amounts to 10-15c/unit of a blended rate (solar + battery). The min it breaches 8c/kWHr blended rate, this can become more permanent. I'm speculating but some of what I've seen in Li-ion and ESS flow costs we may be two years or less out.