To reduce greenhouse gases and pollutant emissions, the project requires installation of new solar system with capacity of 100KWh electricity per day in a designated site.This project was selected to...

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To reduce greenhouse gases and pollutant emissions, the project requires installation of new solar system with capacity of 100KWh electricity per day in a designated site.This project was selected to be evaluated due to it sustainability aspect. It is also in line with Australian government’s policy to focus more on renewable energy in addressing environmental impact of climate change.It is required to focus on cost consideration, estimate cash-flow items both inflows and outflow for each alternative. The bases of estimations for estimates should be given. It is required to decide about interest rate, project life, and other parameters that can affect economic analysis in this activity and apply one of the evaluation techniques to evaluate each alternative and select the best one.Guidelines for writing project reportPart A:1)Develop the total project cost as well as providing clear work breakdown structures (WBS).2)Provide details of any assumptions made if needed.
Answered Same DayMar 22, 2021

Answer To: To reduce greenhouse gases and pollutant emissions, the project requires installation of new solar...

Deepti answered on Mar 23 2021
151 Votes
Standard solar panels cost $0.65 to $0.75 per watt. The equipment shall cost $10,000 and installation cost will be $10,000. Since 100kWh per day is required, if the location receives 4hours of sunlight per day and 310W panel produces 1.24kWh per day,
If 100kWh is 100% of the energy consumption....
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