PicoPV Systems: Costs, Financing, Business and Operation Models
Specifications of costs, financial models and subsidies of Pico Photovoltaic systems can be found in the following parts
PicoPV systems resemble a smaller and least costly alternative to Solar Home Systems. Prices for PicoPV systems are composed of the initial investment, monthly cost, lighting service cost.
Relying on experience with Solar Home Systems, this article provides different finaning models, such as cash sales, credit sales and free-for-service. Additional, it gives an overview about advantages and disadvantages of each model.
PicoPV products, in contrast to more complex higher-priced solar products, it will be relatively easy to find already existing distribution channels firmly rooted in the private sector, into which PicoPV products can be integrated in a competitive and efficient manner. This article informs about dissemination models and diffusion of PicoPV systems, partly relying on experience with Solar Home Systems.
The market for PicoPV systems is constantly growing: More than 100 firms are offering PicoPV products in developing countries today and new products are introduced almost daily. Additionally, a fast growth is expected due to the fact, that a decrease of prices for solar components, such as solar panels and LED's is forecasted. With regard to the huge demand for mobile phones in developing countries, almost a solar boom is expected in order to recharge the mobile phones with additional applications. Furthermore, additional applications, such as refrigerators and small TV's will increase attractiveness of PicoPV systems. This article gives an overview of the recent market and activities for a further market development.
