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Renewable Energy Technology In NZ Using Solar Energy.
- August 14, 2020
- 1 reply
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This report may raise the reader's interest in PV technology. Reader maybe a current 'student of science and engineering', a graduate, and a business. The in-depth study areas are in of physics, chemistry, manufacturing, and electrical engineering. Here Mathcad / Prime can play a role.
Business Case Study Developing And Commercialising RET In NZ Using Solar Energy.
Purpose: Business Case Study.
This report is written for developing and commercialising Renewable Energy Technologies (RET) in New Zealand which utilise solar energy for its primary energy source.
This report is prepared with the intent of an investor who is planning on capitalising commercially on solar RET in New Zealand.
The cost of the PV systems has dropped dramatically in the last years and is expected to continue dropping. From 2009 to 2015, there was 56% reduction in the total cost, 77% in the PV modules, 45% in inverter cost, and 44% in installation-related costs. All this helped in promoting solar technology worldwide as an alternative energy to other traditional energy sources, and renewable. (Malinowski et al, 2017).