Technical FAQs 4

How much does a 1 MW solar farm cost in India?

Setting up a 1 MW solar farm in India involves several factors that affect the total investment in solar farm solutions. The cost to build a 1 MW solar farm generally ranges from ₹5 crore to ₹7 crore which depends on land prices, quality of equipment & installation charges

How much does a solar farm cost?

The solar farm cost includes annual operation & maintenance expenses of approximately 1,200 per kilowatt or 12 lakh per megawatt. For e.g., a 10 MW solar farm with a solar panel farm cost of 80 crore will have yearly O&M costs of around 1.2 crore, roughly 1.5 of the total solar farm installation cost.

Can small farms use solar panels?

Even small farms can install solar panels for farming on rooftops, sheds, or open ground. These agriculture solar systems can be grid-tied, off-grid, or hybrid—depending on your land and needs. Some farmers also use solar panel fields beside irrigation channels for easy access and shade-resistant areas.

How much money can a 1 MW solar farm generate?

A 1 MW solar farm can generate around 1,460 MWh of clean energy annually & can earn revenue of approximately ₹30 lakh to ₹35 lakh per year through Power Purchase Agreements (PPAs). The cost of a 1 megawatt solar farm is a long-term investment that provides consistent returns while supporting renewable energy targets.

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