Quantum Materials Corp. (fka QTMM)

[chessmite]

study done in 2008, but worth a read

http://www.desertenergyproject.net/Feasibility_Study%201.pdf
Feasibility Study
Part 1
1 GW/h Power Plant
Costs of the Project
Initial plan to built a plant of 1 Gigawatt Photovoltaic array in 4 construction phases:
Construction Capacity Modules Area km² Completion Cost M Euros
Phase 1 100 MW 570 000 2,6 2009 520
Phase 2 300 MW 1.710 000 7,8 2010 1.410
Phase 3 300 MW 1.710 000 7,8 2011 1.410
Phase 4 300 MW 1.710 000 7,8 2012 1.410
Total 1 GW 5.700 000 26 2012 4.750
It is recommended to install the mentioned four groups of arrays in the north of Saudi Arabia
covering a total area of 26 km², or otherwise for a best location.
Detailed Costs
First Phase: 100 MW
PV modules 370 000 000 EUR
Planing, supervision, geologic tests 50 000 000 EUR
Construction and supplements 300 000 000 EUR [2]
Transmission and cable to Europe 550 000 000 EUR
1 420 000 000 EUR
Phase 2, 3 and 4: 300 MW each
PV modules 3 330 000 000 EUR
Construction and supplements 2 500 000 000 EUR
Total Cost of 1 GigaWatt Plant 7 250 000 000 EUR
Pay off
Pay off in the Sunbelt 10 years [1]
Operating life guarantee of 25 years +5 %
The actual price of 1 kW/h in Europe is 0.19 EUR/kWh
The first 30 Terra Watt will cost 0.19 EUR/kWh
The net export price to Europe will then be 0.07 EUR/kWh
Total production in 25 years 75 TerraWatt/h
75 TW 0,19 Euro 14.25 Billion Euro
Total Cost Phase 1 to 4 7.25 Billion Euro
Nett gain 7.00 Billion Euro

26kmsq pv modules 3,700,000,000 Euro

comments and thoughts anyone?