Silveira, Jose Luz, Tuna, Celso Eduardo, and Lamas, Wendell de Queiroz
Subjects
*PHOTOVOLTAIC power systems, *SUBSIDIES, *SOLAR energy, *ELECTRIC power production, *CAPITAL investments, *DIRECT costing
Abstract
Abstract: The growing demand for electrical power and the limited capital invested to provide this power is forcing countries like Brazil to search for new alternatives for electrical power generation. The purpose of this paper is to present a technical and economic study on a 15kW solar plant installed in an isolated community, highlighting the importance of the need for financial subsidy from the government. It evaluates the importance of parameters such as the annual interest rate, specific investment, the marginal cost of expanding the electrical power supply and the government subsidy on amortization time of capital invested. [Copyright &y& Elsevier]