Difference between revisions of "Solar Pre-feasibility Report"

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= Overview =
 
= Overview =
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<br/>Putting it in perspective, investing in a solar plant (whether Rooftop PV or solar farm) requires considerable amount of time, resources and investment. So whether you are a homeowner wanting to install a 1 kW solar plant on your roof or a large company investing in a Utility scale Megawatt (MW) size solar farm, the first question that would come to mind is whether the investment is worthwhile. This is where pre-feasibility analysis comes into action.
 
<br/>Putting it in perspective, investing in a solar plant (whether Rooftop PV or solar farm) requires considerable amount of time, resources and investment. So whether you are a homeowner wanting to install a 1 kW solar plant on your roof or a large company investing in a Utility scale Megawatt (MW) size solar farm, the first question that would come to mind is whether the investment is worthwhile. This is where pre-feasibility analysis comes into action.
  
There is a lot more to it but the process can be broadly categorized into 3 simple:&nbsp;
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There is a lot more to it but the process can be broadly categorized into 3 simple steps:&nbsp;
  
 
== <br/>Step 1: Pre-feasibility Analysis<br/> ==
 
== <br/>Step 1: Pre-feasibility Analysis<br/> ==
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== Step 2: Feasibility Analysis<br/> ==
 
== Step 2: Feasibility Analysis<br/> ==
 
 
  
 
*Solar/Climate data using ground mounted measuring instruments
 
*Solar/Climate data using ground mounted measuring instruments
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The execution part is a lengthy topic in itself and is not the intention of this article so will not delve any deeper.
 
The execution part is a lengthy topic in itself and is not the intention of this article so will not delve any deeper.
  
= <span class="mw-headline" id="Further_Information">Further Information</span> =
 
<ul style="line-height: 20.4px; margin-left: 1.6em; list-style-image: url("data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAUAAAANCAYAAABhPKSIAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJbWFnZVJlYWR5ccllPAAAACtJREFUeF7NjbEJAAAIw7zRu/w5ouBUBEeHDM2QGiA8kObBULuFcJbSXN8T78SqnpKltAIAAAAASUVORK5CYII="); font-size: 13.6px; background-color: rgb(255, 255, 255);">
 
<li>[[Portal:Solar|Portal:Solar]]</li>
 
<li>[[3_Benefits_of_Going_Solar|3 Benefits of Going Solar]]<br/></li>
 
<li>[[Solar_Pre-feasibility_Report|Solar Pre-feasibility Report]]</li>
 
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= Further Information =
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* [[Portal:Solar|Portal:Solar]]
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* [[3_Benefits_of_Going_Solar|3 Benefits of Going Solar]]
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* [[Resource Assessment - Solar|Resource Assessment - Solar]]
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[[Category:Solar]]
  
 
= References =
 
= References =

Latest revision as of 00:09, 16 August 2016


Overview

A prefeasibility study (of a project) is a preliminary analysis undertaken to determine whether it would be worthwhile to proceed to the feasibility study stage. [1] The pre-feasibility study builds confidence among stakeholders and potential users of a project.


Putting it in perspective, investing in a solar plant (whether Rooftop PV or solar farm) requires considerable amount of time, resources and investment. So whether you are a homeowner wanting to install a 1 kW solar plant on your roof or a large company investing in a Utility scale Megawatt (MW) size solar farm, the first question that would come to mind is whether the investment is worthwhile. This is where pre-feasibility analysis comes into action.

There is a lot more to it but the process can be broadly categorized into 3 simple steps: 


Step 1: Pre-feasibility Analysis

  • Determination of Solar and Climate data to understand potential electricity output
  • Determination of system size which includes number of Solar PV panels, inverters, batteries, etc
  • Cost of the system
  • Return on Investment

After the pre-feasibility analysis is performed and if the project looks favourable, the next step is to go a bit further and consider even the macro-environmental factors. This is the feasibility stage and some of its components are listed below.

Step 2: Feasibility Analysis

  • Solar/Climate data using ground mounted measuring instruments
  • Land acquisition
  • Company strength and track record
  • Joint Venture (optional) in place
  • PPA (Power Purchase Agreement) with the local Utility
  • Government approvals
  • Forest / Village approvals
  • Technical feasibility
  • Financial feasibility, etc.

Step 3 – Execution

The execution part is a lengthy topic in itself and is not the intention of this article so will not delve any deeper.


Further Information

References

  1. BusinessDictionary.com