Table 2. PV power plant financial inputs
Financial data inputs Input value
Project life 20 years
Debt ratio 54%
Debt term 7 yrs
Electricity export escalation Fixed rate
Inflation rate 3%
Future trend of solar photovoltaic costs
Assumptions relative to the next ten years are more robust and based on detail assessment of various cost factors of photovoltaic systems [8]. The price of silicon photovoltaic modules is expected to come down to one-third of its current price, and also one-third of future total system prices, against more than half at present prices, as shown in Fig. 3.
Discount rate 10%
Corporate tax 30%