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That’s true of everything you build. The cost of land has to be taken into account, but land is much cheaper in some areas than others.
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You are assuming that land is expensive and forgetting that building and maintaining panels over long a canal is harder than building over a large plot.
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Harder but obviously not physically impossible either. From the image I can't imagine what the showstopper would possibly be. Technician on a little dinghy instead of a stepladder doesn't seem like a big deal. Presumably they make it where you can pull the panel off easily if you need to.
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