Knowledge fuels change - Support energypedia!
For over 10 years, energypedia has been connecting energy experts around the world — helping them share knowledge, learn from each other, and accelerate the global energy transition.
Today, we ask for your support to keep this platform free and accessible to all.
Even a small contribution makes a big difference! If just 10–20% of our 60,000+ monthly visitors donated the equivalent of a cup of coffee — €5 — Energypedia would be fully funded for a whole year.
Is the knowledge you’ve gained through Energypedia this year worth €5 or more?
Your donation keeps the platform running, helps us create new knowledge products, and contributes directly to achieving SDG 7.
Thank you for your support, your donation, big or small, truly matters!
Solar Pre-feasibility Report
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
- ↑ BusinessDictionary.com
