Solar Water Pump
The solar pump has a unique cost structure with very high capital investment and near-zero marginal cost of pumping. This makes it very similar to electric pump owners who face high flat tariff but unlimited use of power (when available) at zero marginal cost.
The Solar Pump A Revolutionary, Low-Cost Solution To Pumping Wells Without Power
this idea in 2013 while seeking to address the needs of the poor in rural areas who are deprived of access to modern energy solutions. More Than A Simple Plug-And-Play Device We spoke to Tapanio, an engineer with 20 years' experience in the solar and electronics field. He explains the success story behind the Solar Pump: "Our solar pump is much more than just a simple plug-and-play device. Since it was developed, we have also begun experimenting with linking the solar pump to a remotely controlled, 24-hour-a-day-monitoring platform which sends emails or text messages to the users when water is available or when the pump should be turned off, for example.
Solar PumpsThe Future Of Low-Cost Water Pumps?
The light, cheap solar pump is not only being used in Africa, but also in many remote regions of Indonesia, India, and China. However, the solar pump price is still not widely adopted in most of the developing countries, including India. The main reason is the large difference between the cost of a solar pump and the cost of a conventional pump. If the solar pump is priced at around $25 per unit, then it may look attractive to developers in most of the developing countries. But, if it is priced at $100 or $200, then many poor communities in India, Indonesia, and other countries may not buy the solar pump in preference to traditional or electric pumps. In this case, the solar pump can become a fuel for electricity grids in these regions.
How Does The Solar Pump Work?
The solar water pump has an average efficiency of 22% that could be improved to 30% or even more by further improving inverters. The motor inside the solar pump has three arms that are rotated by a motor in the base of the pump. When a unit needs to be filled, it rotates into a head position, meaning it is rotating 360 degrees. These three rotations are continuously supplied to a set of replaceable motors in the pump body which pull water through the holes in the tubes. A further improvement is that the design of the pump body allows for easy one-person installation, and it is very easy to make water pumping a smooth, continuous process even in heavy winds. How Are The Solar Pumps Used?
Why Is The Solar Pump A Better Choice?
Retail Electricity Prices Vs. Pumping Energy One of the fundamental insights of the solar pump market is that the price of retail electricity is different from the price of pumping energy, and this price difference is even greater than that of gas pumping energy. In a nutshell, when you rent solar pump, you pay Rs. 2-3 per kwh, whereas a gas pump owner has to pay Rs. 4-5 per kwh. At the end of the month, you have to sell energy at a price lower than Rs. 2 per kwh or face severe cash flow problems. In contrast, when you own a solar pump, you don't have to pay for electricity, and you have complete flexibility in selling energy as you wish. Advantages Of Owning A Solar Pump Advantages of selling energy to the grid: 1) You earn Rs.
Conclusion
If you are making a more-or-less large-scale, continuous investment in a solar pump business, consider making the investments over a time horizon of 5–10 years to make sure you don't experience loss of capital in the business. If you are ready to start the business today, you might want to consider investing less in the initial business setup and selling it off after a few years for a gain. The reason for such an investment plan is that when investment is made with much higher probability of a positive outcome than a traditional bank loan, the required rate of return in the solar pump business is significantly lower than the rates you would expect to make on a bank loan.
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