Economic Assessment Methodology for Photovoltaic Irrigation

This document is based on the know-how and experience of the partners of SolAqua in designing, building and operating SI systems and in the application to the case of PVIS of the mainstream methodologies applied in economic and financial appraisal. The resulting methodology can be used to assess the expected return of PVIS projects including the calculation of the most relevant indicators including NPV, IRR, WACC and LCOE. Furthermore, the TEA will be complemented with a cost-benefit analysis (CBA) methodology to facilitate the assessment of the impacts of PVI projects in welfare, allowing a complete appraisal of the projects for the different stakeholders.