You have installed a 10 MWp solar PV farm at an installed cost of 1€/Wp. The predicted annual load factor of your solar farm is 18%. The loan you have received charges an interest rate of 5%. Your annual operating expenses are 600 k€/yr. At what price must you sell your electricity (in €/kWh) to break even every year? (under the form X.XXXX) NOTE: The answer not 0.7058 or 1.1870

Introductory Circuit Analysis (13th Edition)
13th Edition
ISBN:9780133923605
Author:Robert L. Boylestad
Publisher:Robert L. Boylestad
Chapter1: Introduction
Section: Chapter Questions
Problem 1P: Visit your local library (at school or home) and describe the extent to which it provides literature...
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You have installed a 10 MWp solar
PV farm at an installed cost of
1€/Wp. The predicted annual load
factor of your solar farm is 18%.
The loan you have received
charges an interest rate of 5%.
Your annual operating expenses
are 600 k€/yr.
At what price must you sell your
electricity (in €/kWh) to break
even every year? (under the form
X.XXXX)
NOTE: The answer not 0.7058 or
1.1870
Transcribed Image Text:You have installed a 10 MWp solar PV farm at an installed cost of 1€/Wp. The predicted annual load factor of your solar farm is 18%. The loan you have received charges an interest rate of 5%. Your annual operating expenses are 600 k€/yr. At what price must you sell your electricity (in €/kWh) to break even every year? (under the form X.XXXX) NOTE: The answer not 0.7058 or 1.1870
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