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This is ball-park relative to the notion of

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jmjjw   Friday, 04/19/19 05:21:12 PM
Re: I-Glow post# 117090
Post # of 117427 
This is ball-park relative to the notion of MMEX-scam Solar’s imaginary solar farm…

Installations smaller than 1MW are not economically viable.

On average, industry estimates vary from $1/watt to higher than $3/watt, so a marginal 1MW installation could range from $1-million to more than $3-million in raw cost.

A 1MW PV installation requires about 2.5 acres. Extrapolating to Mad J.’s MMEX-scam Solar claim, on the basis of 760 leased acres puts the raw cost at around $300-million.

Another common metric is an all-in cost of $500K / acre for utility-scale PV solar, so at 760 acres developed, that'd be around 380-million, which is consistent with the prior estimate.

Since Mad J. couldn’t finance a Happy Meal, the MMEX-scam Solar fantasy exceeds even MMEX-scam’s tiny teapot refinery dream by a factor of 3.

MMEX - You’ve Been Scammed!


Quote:
I am curious as to how much it would cost to build a 760 acre solar farm?

Hanks can't obtain conventional financing for a Happy Meal - but now he is going to obtain financing to build a refinery and solar farm.

The updates used to provide a good laugh - now they are just disgusting.

You have done a excellent job of educating many of us about oil business. You have embarrassed Hanks and his minions many times. Thanks!

IG



When you are dead, you don't know that you are dead. It is difficult only for others. It is the same when you are stupid.
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