?

are u sure 200k will be enough investment for such a venture

do u have a number where one can reach you. Want to know how you plan to do the magic with such an amount. If you sound convincing, I maybe interested.

AjoseBiz here

Thank you Chiaka, candylips for your interest

The amount 200K is the base amount requested by any new investor interested; of course you are welcome to invest more.

My research has shown me that solar Inverters need not be as expensive as they are, i have found that some systems are sold for as much as 600 times its cost to make. plus i have also found that you can increase power output without really increasing the cost to create them.

The systems i plan on creating are at the R & D stage (research and development) at the moment but i am confident that my objectives can be reached soon. with about if hard work

My contact phone number for interested parties is:

MTN: 081 383 451 60
Email address: friday30july2004@yahoo.co.uk

Any other questions or queries on the subject are more than welcome.

Hope to hear from you really soon.

E Ajose

I know about Inverters and a 3.5KVA inverter cost about 130K and the batteries each cost about 55K, how cheap is yours going to be. I am currently in the business of Inverters and batteries. Tell me what makes yours different.

How cheap is yours going to be??

Thanks for your reply Chiaka

The thing that makes my project different is rigorous research and development

the market i am targeting are not going to pay 100k+ for an inverter neither can they afford it.

Here is the logic i am using: a whole solar inverter lamp system can be made for less than 1.5k, batteries can be bought and and improved for less than 7k, solar panels can be made for 7.5k, a basic all round inverter can be made for less than 6k and improved on. Of course it will be tight and Rome was not built on a day, but then that is what research and development is for, but my objectives and definitely possible.

you can create an inverter for 5k and increase its power output without really increasing the cost to produce it, plus i am aware that for alot of inverters, 60% of the retail price comes form shipping and distribution.

For me i believe there is no point continuously trying to supply a market with a product that 90% of the market cant afford to buy.

Research and development is very important, negotiating and the lowering of parts and shipping. Plus continuously improving the technology

automation will also help reduce the cost plus increase output, hence investment

I think that solar producers and sellers should be thinking along these lines because one of the things that puts consumers off this technology is its pricing

Your questions and input are appreciated

AjoseBiz

AjoseBiz:

Thanks for your reply Chiaka

The thing that makes my project different is rigorous research and development

the market i am targeting are not going to pay 100k+ for an inverter neither can they afford it.

Here is the logic i am using: a whole solar inverter lamp system can be made for less than 1.5k, batteries can be bought and and improved for less than 7k, solar panels can be made for 7.5k, a basic all round inverter can be made for less than 6k and improved on. Of course it will be tight and Rome was not built on a day, but then that is what research and development is for, but my objectives and definitely possible.

you can create an inverter for 5k and increase its power output without really increasing the cost to produce it, plus i am aware that for alot of inverters, 60% of the retail price comes form shipping and distribution.

For me i believe there is no point continuously trying to supply a market with a product that 90% of the market cant afford to buy.

Research and development is very important, negotiating and the lowering of parts and shipping. Plus continuously improving the technology

automation will also help reduce the cost plus increase output, hence investment

I think that solar producers and sellers should be thinking along these lines because one of the things that puts consumers off this technology is its pricing

Your questions and input are appreciated

AjoseBiz

Not trying to knock your hustle, but what kind of Research and Dev are you talking about? Batteries for N7000? What kind, tigerhead? ?Solar panels for N7500? Are you talking about systems that will light up a couple of LEDs for a few hrs? It's good to dream but there's also what they call "REALITY". I supply batteries and solar panels to some retailers in Nigeria and despite my direct hookups to the manufacturers, those prices are unimaginable. At the moment, my firm is developing a quality (min) 2KVA solar/battery system that can sell in the Nigerian market for less than N100k; It's still in the works but there's quite abit involved to keep our costs down. My point is you need to do some more work from your end instead of throwing numbers around.

If you need any info about alternative energy from dams, to solar to wind, to inverters, give me a shout but let me assure you, for now, these are capital intensive projects. Trust me, firms manufacturing solar panels, wind turbines, etc are continiously researching methods to make the implementation of renewable energy feasible. Nigeria is blessed with lots of dams and natural gas that will light up the country 30hrs a day but we are not serious yet.

hmm food for thought

@Delta007, Tell me more about the 2KVA Solar/battery system that can sell here in Nigeria for less than 100K. Is it workable?? will be great. Because the present cost is scaring off lots of interested people.

@AjoseBiz , Do you have a system thats working or close to completion, Or its a virgin idea that hasnt passed through any test?? please do your home work well before coming out in forums to sell your self. The plan on how you want to do all that is not clear to me. Not sure you have started working on your idea.

Thank you all for your angle on this subject

in America now there are companies who CAN make a basic system for under $dollars (-N25000)

In relation to the point concerning 'reality', if more than 90% of the market cannot afford to pay the prices that are currently being offered by this very promising sector than it doesn't make sense be in it, unless you truly focus your product on the people who need it the most.

And yes you can make a basic solar panel for N7500 and yes you can make a very basic inverter for $5000 i have checked my numbers.

My asteemed fellow alternative energy producers and enthusiasts i think we should not use our energy on distmissing attempts to bring costing down but should support it by any means necessary. Understand this, its really a case of if but when.

I thank you and welcome your input.

AjoseBiz

lie lie pants on fire.
r u even an engineer? do you even know why the cost of panels are so expensive?

Sorry point i tried to make earlier $100 for a basic system in america is now possible, to some research and find out

thanks

$100 for a basic system?
what is it going to power?
fact still remains that solar will remain somewhat expensive cos of the cost of products used to make 'em panels.
stop reading the internet books and do a lil more engineering researchs.

Chiaka:

@Delta007, Tell me more about the 2KVA Solar/battery system that can sell here in Nigeria for less than 100K. Is it workable?? will be great. Because the present cost is scaring off lots of interested people.

It would be great; it seems workable, although lots of work has been/is being put into it.

BTW, seems the OP does not know what he is talking about.

Looking at it from a different perspective can often help solve a problem. my study is extensive and will continue

I tell you what, when i have secured the funding (which my fellow alternative energy enthusiasts seem to be trying to scare away ) and the systems are ready, leave me your contact details and you will be some of the first to know )

I will keep you posted, till then, stay blessed.

ignore the second second smiley, accident, not my style.