Project Details
DETAILED FINANCIAL ANALYSIS AND SPECIFICATIONS FOR RENEWABLE ENERGY PROJECTS
Wind Energy Example – Kouvola Wind Farm (6 MW)
Financial Summary
- Total Investment7 550 000 €
- Annual Revenue919 800 €
- Annual Operating Costs−196 000 €
- Annual Net Income723 800 €
- Payback Period10.4 years
- ROI9.6 %
Annual Operating Costs
- Annual Land Lease0 €
- Maintenance and Repair−150 000 €
- Administration & Accounting−4 000 €
- Insurance−20 000 €
- Property Taxes−16 000 €
- Decommissioning Fund−6 000 €
- Total Annual Operating Costs−196 000 €
Technical & Revenue Information
- Rated Capacity (MW)6
- Hours per Year (h)8760
- Capacity Factor (%)35 %
- Annual Production (MWh)18396
- Electricity Price (€/MWh)50 €
- Annual Revenue (€)919 800 €
Construction Costs
- Land Lease Agreement (signing fee)0 €
- Planning & Assessments5 000 €
- Construction Permits & Official Fees5 000 €
- Wind Measurement & Analysis10 000 €
- Earthworks & Excavation20 000 €
- Foundation Concrete & Reinforcement130 000 €
- Road Construction0 €
- Site Electrical Cabling70 000 €
- Turbine Equipment (2 × 3 MW)6 000 000 €
- Turbine Transportation200 000 €
- Turbine Installation150 000 €
- Commissioning & Testing50 000 €
- Grid Connection800 000 €
- Grid Connection Fees20 000 €
- Project Management15 000 €
- Contingency Costs (1%)75 000 €
- Total Investment Cost7 550 000 €
Solar Energy Project – Atlántico Solar Farm (20 MW)
Financial Summary
- Total Investment$14,800,000
- Annual Revenue$4,160,000
- Annual Operating Costs$-592,000
- Annual Net Income$3,568,000
- Payback Period4.1 years
- ROI24.1 %
Annual Operating Costs
- Annual Land Lease$80,000
- Maintenance and Repair$370,000
- Administration & Accounting$25,000
- Insurance$52,000
- Property Taxes$45,000
- Cleaning & Security$20,000
- Total Annual Operating Costs$592,000
Technical & Revenue Information
- Rated Capacity (MW)20
- Hours per Year (h)8760
- Capacity Factor (%)24 %
- Annual Production (MWh)42048
- Solar Irradiation (kWh/m²/year)2100
- Electricity Price ($/MWh)$99
- Annual Revenue ($)$4,160,000
Construction Costs
- Land Lease Agreement (signing fee)$150,000
- Environmental & Technical Studies$125,000
- Construction Permits & Official Fees$75,000
- Solar Resource Assessment$35,000
- Site Preparation & Civil Works$620,000
- Foundation & Mounting Structures$1,100,000
- Access Roads & Infrastructure$280,000
- DC Electrical Installation$450,000
- Solar Panel Equipment (80 000 panels)$7,200,000
- Inverters & Power Electronics$1,400,000
- AC Electrical & Substation$520,000
- SCADA & Monitoring System$95,000
- Grid Connection & Transmission$1,500,000
- Grid Connection Fees$250,000
- Project Management & Engineering$380,000
- Testing & Commissioning$75,000
- Contingency Costs (2.4%)$345,000
- Total Investment Cost$14,800,000
Project Specifications
- LocationAtlántico Department, Colombia
- TechnologyCrystalline Silicon PV
- Panel Efficiency22%
- Inverter Efficiency98.5%
- System Losses15%
- Project Lifetime25 years
- Degradation Rate0.5% per year
- Peak Sun Hours5.8 hours/day
Economic Assumptions
- CurrencyUSD (Colombian Peso rate: 4300 COP/USD)
- Inflation Rate7.5%
- Discount Rate12%
- Tax Rate35%
- Depreciation20 years straight-line
- Grid Electricity Price Escalation3% per year
Key Performance Indicators
- LCOE (Levelized Cost of Energy)$0.032/kWh
- NPV (Net Present Value)$12 800 000 USD
- IRR (Internal Rate of Return)25.4%
- Energy Yield2102 kWh/kWp/year
- CO₂ Emissions Avoided18 000 tons/year