Solarnomics: Setting Up and Managing a Profitable Solar Business

Solar power has become a viable business alternative to fossil fuels, and this book shows industry professionals and students how to deploy it profitably. It provides an overview of the economics of building and operating a solar power plant, including estimating costs and revenues, tweaking design, calculating return on investment, assessing risk, raising capital, combining solar with batteries, and preparing for future developments in the smart electricity grid.

Format: Paperback / softback
Length: 248 pages
Publication date: 05 April 2022
Publisher: Taylor & Francis Ltd

Solar power has reached a significant milestone, emerging as a prominent alternative to fossil fuels. It has evolved to the point where it can be successfully implemented as a viable business venture, generating financial profits. This comprehensive book aims to guide industry professionals and students toward achieving this goal.

In Solarnomics, the economics of constructing and operating solar power plants are thoroughly explored, offering a glimpse into a future where various technologies seamlessly collaborate, enhancing the efficiency and sustainability of the electricity grid. The book provides valuable insights on estimating costs and revenues, optimizing project designs for increased profitability, calculating return on investment, assessing and managing risks, securing capital, integrating solar with batteries to form hybrid microgrids, and staying abreast of evolving smart electricity grid developments.

By leveraging the knowledge and strategies presented in Solarnomics, professionals in the solar industry will gain the ability to evaluate the potential profitability of proposed solar projects, while students will enrich their understanding of sustainability by incorporating this valuable information into their studies. This book serves as a valuable resource for anyone seeking to capitalize on the growing opportunities in the solar sector and contribute to a more sustainable future.

Weight: 430g
Dimension: 155 x 232 x 20 (mm)
ISBN-13: 9781032201436