Solar Panel Manufacturing, Sales, and Installation Business plan

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The idea of manufacturing, selling, and installing solar panels is relatively new in our country. As a result, there will be little competition. Our business plan will assist you in effectively managing all aspects of your business. Furthermore, the solar energy field offers bright future potential as it is a nearly unlimited source of energy that can be conveniently used in everyday life.

If you want to start a company that manufactures or installs solar collectors or panels, you must first register as a business. Documents for sole ownership registration, tax payment applications, and state insurance applications must be submitted to the tax office.

Solar energy conversion process

All developed countries have successfully adopted solar energy for a long time. Solar energy has been used as a safe fuel and most importantly is a proven eco-friendly alternative. Solar panels are placed on building tops to collect sunlight. These panels are easily replaced with new ones once they expire. Collectors are placed in particular blocks, and blocks are placed in systems based on size.

The battery works on the principle of converting sunlight into electrical electricity. The resultant energy is either used to power electrical appliances directly or is merely stored in batteries for later use.

This technique is most commonly used to generate electricity in developed nations, and the Mediterranean countries. India is only now beginning to use solar energy and does not yet have public support. Despite the fact that every solar roof or other surfaces can generate electricity and therefore profit.

Solar energy is used for free:

  • space heating;
  • water heating;
  • ventilation installations;
  • lighting systems.

Advertising is important

Informing the public is a critical step in the development of a business. The majority of our country’s population is simply unaware of these technologies and their benefits. Order flyers and hire salespeople. Bring necessary information to potential customers, broaden their knowledge in this area, and emphasize the benefits of installing a solar battery. And it is preferable to delegate this task to marketers.

Production facilities

Poly- and monocrystalline silicon are used as raw materials. Because the plates are fragile, they require additional safeguards. However, they are far less expensive. Cadmium telluride, GaAs, and amorphous silicon are also viable options. The type of substrate determines the battery’s capacity to bend, seal, and withstand stress.

You will need the following materials to make one collector (area 2 sq. m):

  • Cellular polypropylene (2 sq. m.);
  • Cellular polycarbonate (2 sq. m.);
  • Aluminum frames (6 running meters);
  • Electric current converter (220 V);
  • Wire with insulation (6 m.)

Technological process

One collector’s manufacture takes roughly 6 hours. You’ll need the following for one helium-based product (the most cost-effective):

  • prepare silicon (clean, rinse);
  • build the plate’s surface structure
  • etch the plate;
  • apply phosphorus, make burning;
  • insulate, remove excess layers;
  • apply an anti-reflection layer;
  • apply a metal layer;
  • dry;
  • bring the contacts to the battery;
  • align the plate;
  • test the finished product.

Staffing requirements

You’ll need personnel who know what they’re doing. Even if you are a specialist yourself, you should hire:

  • an engineer who is familiar with the fundamentals of physics and electro mechanics;
  • sales manager;
  • 2 workers for installation;
  • driver (if necessary).

Installing solar panels requires staffing, therefore include it in your business strategy. Calculate how much you’ll have to spend on salary, taxes, and fees. Don’t forget about transportation as well. Purchase a car because excursions to customers with all of the necessary equipment will be necessary on a regular basis.

Investment requirements

The solar panel business plan is based on the production size that you intend to use. As an example, if we take a typical business in this area, the first investments will be as follows:

  • Purchase of materials
  • Rent of premises
  • salaries to employees
  • marketing services
  • Power expenses