3Power Energy Group Inc (PSPW)

[davied25]

Who here is familiar with how PV output is calculated? By my rough conservative estimate, if we actually get the full 100MW of Solar PV plants like mentioned in the last K & Q, and if the 100 Euro per MWh purchase price holds as a precedent for larger projects (the two mentioned at that link are only 2MW), then we could expect around $17 million in annual revenue.

100MW x 4 hours of sunlight a day (some days will be more, some less) x 365 days x 100 euros per MWh = 14.6 million euros or about $17.4 million annually. There may be a coefficient or something that lowers the actual output since sunlight is not just "off" or "on," but I'll have to do more research to confirm.