How to lower the installation costs of solar energy

lower solar energy investment costs

One of the drawbacks of betting on renewable energy is the high initial investment cost they have. However, since this is the main barrier that stops us from the development of renewables, it is what we are working on the most: in reducing production costs.

In the world of solar energy, work is being done on its storage and transport in a 4,77 MW photovoltaic plant in Chillamurra, in Goondiwindi, in the Australian state of Queensland. A new low-cost installation system is being used there. What are these plans based on?

Reduce installation costs

In this system called PEG that reduces the costs of supply, transport and installation. Belectric, which is now part of Innogy, the renewables arm of German energy giant RWE, has said that the Chillamurra solar plant, which is being carried out by YD Projects, has been built and will be commissioned this month.

Apart from this project, the company has made the mention that two other parks will also be built with this low-cost installation system. The first will have 10,8MW in Barcaldine, Queensland, and the other with 3,3 MW in Dareton, New South Wales. These projects are being developed by a German investor who has focused on reducing the installation costs of photovoltaic solar energy to boost its trade and development.

Developing a system that reduces installation costs in solar energy provides a great competitive advantage over other solar systems. This system has a substructure called PEG that only uses 0,7 hectares per megawatt. This is extremely attractive for large user installations that do not have large spaces to place the photovoltaic panels.

The advantage of this system is that it is quite simple and its cost effectiveness in the supply of materials and facilities has been proven. The PEG system installed at Goondiwindi has a fixed incline and is located 80cm from the ground and they all agree that it offers significant savings in capital expenditures.


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  1.   Antonio Eduardo Sotomayor Mármol / certified organic agricultural producer- said

    The propagation of solar panels to transform and accumulate photo-voltaic energy, in a country like Ecuador, with a deficit of services, especially in rural areas, taking advantage of the privileged solar incidence of its geographical location, is a categorical, ethical and legal imperative. of the State, due to its projection on marginal spaces with fewer access resources; and, for contributing to the reduction of the use and consumption of polluting fossil energy, which violates the constitutional guarantee of providing a "clean environment" to the country's inhabitants; and, furthermore, because its observance seeks to ensure the guarantee of "good living" that it establishes in its regulations.
    Therefore, the aforementioned offer must be accessible to the inhabitants who, from their deficiencies, can contribute to the preservation of the environmental common good and increase their resilience in the face of the devastating ravages of climate change.