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 Solar Power Generation, for home use/sell back to tnb

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dude35
post Jul 17 2013, 02:27 PM

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Hi all,

I just stumbled on this blog. It is interesting to read through all the discussion. I am a former employee of a local module manufacturing company. Now working in an EPC company in renewables.

Hope to get more insights on how people perceive our local PV industry.
dude35
post Jul 18 2013, 09:27 AM

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QUOTE(weikee @ Jul 17 2013, 05:03 PM)
I am skeptic.. If its such a good deal everyone just get loan and let the sun do the investment for us. Maybe for people with few houses can have good return until no need to work?
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If you get the BLR +0 then it will be tempting. Last time I ask only people who have their Privilege banking aka got 300k saving with them can get it. Else better off find better rates. Some people are looking at overdraft facility, ppl who work for GLC can get better rates for personal loan etc.
dude35
post Jul 22 2013, 12:22 PM

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QUOTE(Kiding @ Jul 20 2013, 11:57 AM)
4KW system with 70K cost, if you get loan for 63K, and paid 6.6% (BLR rate) interest yearly, the total pay up in 10 years will be 63,000 + 23,227 (interest) =  86,227, and assuming maintenance per year is 700, total maintenance over 21 years is 14,700

assuming you can get 4KW x 3 Hours a day (worst case scenario), which is 12KWH/day x 1.1316 = RM 13.58 per day = RM407 per month

Over 21 years, you can get RM102,564 from TNB,

So profit you make over 21 years is 102,564 - 86,227 -7,000 - 14,700 = -5,363 (Rugi !!!!, of course this is worst case scenario)

So I'd say if you get loan from bank, your PV is working for bank, not you. the FiT is only for people with cash in hand!!!
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Now as a rule of thumb you can get 1kW between 10k-12k. So price is quite reasonable now.

Assuming 4kW system cost 48k, loan get 43.2k, paid blr 6.6% yearly, total paid up in 10 yrs would be 43,200 + 15,927 = 59,127.

Maintenance total of 21 yrs 14,700

So let me work around your calculation a bit. Using 3 hrs a day(worst case scenario),

Maximum fit rate you can get is RM1.316(below 4kw)+RM0.2392(install on roof)+RM0.03(use locally manufactured modules)=RM1.40

Use your worst case scenario 4kW x 3 hrs per day x RM1.40 x 30 days= RM 504 per mth

Direct calculation over 21 yrs RM 127,008 from TNB.

Profit is 127,008 - 59,127 - 4,300 (d/p) - 14,700 = RM 48,881. Profit. This is already worst case scenario.
dude35
post Jul 22 2013, 03:25 PM

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QUOTE(g-string @ Jul 22 2013, 02:09 PM)
weikee...he said its 9K installed.

ozak....true on the quality. Panasonic quoted almost 11k a kW. so maybe there's disparity on the quality and output.

sigh. don't know which is a good provider to get more info from. Was hoping those that have installed will be able to provide some feedback. cheers.
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It is well worth to research in the modules that you are selecting. Having said that there are only 2 locally manufactured Si modules that i see trusted. One being q-cells, the other is MSR. I do not know if Panasonic started to sell locally (Plant in Kulim). Maybe others could share other supplier that could obtain the RM0.03 cent adder.

The other factor I believe good customer support for warranty claim. As it is standard module will have the performance warranty:25yrs. 90% - 1st 10yrs, 80% - next 15 yrs. So at least supplier can swap any defect modules/complain fast.

Actually the main killer in Si modules are the heat from the roof. Commercial projects i.e warehouses, system are design with a lot of clearance from the actual roof. Most will degrade at a rate of -0.4% per degree raised.


dude35
post Jul 24 2013, 02:11 PM

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QUOTE(andrewsh @ Jul 23 2013, 10:12 PM)
Have you investigate Sunpower panel.  From my understanding, Sunpower has one of the highest power rating.  For example the E21 series can produce 327w.
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The e-series that you mentioned is 96 cells configuration so you must then compare the same size/configuration.

I have attached a simple summary. In general a lot of manufacturer have 6x10 cells as standard. For this case I could not find for Sunpower and Panasonic.

In short conclusion between Sunpower,Q-Cells,Panasonic:
1. Highest output module: Sunpower at 327Wp.
2. Highest output per cell: Q-Cells at 4.5W/cell.
3. Lowest heat coefficient: Panasonic at -0.3%/deg C.

You must know the cost RM/Wp as this is how modules are sold. In the end it depends the whole system cost and your assume ROI.




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dude35
post Jul 30 2013, 03:43 PM

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It seemed there is a lot of taker for solar right now. Around 790kW was taken up in 24 hrs.
dude35
post Jul 31 2013, 04:46 PM

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Additional 500kW quota is finished within half day as well. Yup a lot of last minute application.
dude35
post Aug 1 2013, 12:25 PM

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Another Bank is going to officially launch loan programme for solar today. I've heard its Bank Muamalat. See how the rate fares
dude35
post Aug 2 2013, 03:53 PM

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QUOTE(dude35 @ Aug 1 2013, 12:25 PM)
Another Bank is going to officially launch loan programme for solar today. I've heard its Bank Muamalat. See how the rate fares
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http://www.muamalat.com.my/downloads/media...PV-FIT-PLAN.pdf

Link is to the details of new product from Bank Mualamat. It uses home refinancing. As it states, the bank absorb legal fees and for a promo special rate? I dunno how that translate exactly.

 

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