Maximizing Return on Investment

There is no question that dual axis tracking is the best way to utilize PV panels.

The question that the utility scale solar power industry has been struggling with is: Is it the best approach for big projects?

The industry’s inconsistency and indecisiveness is easy to understand. Current solar tracker technologies tend to make dual axis the expensive, lower IRR alternative. As a result, single axis tracking is generally seen as giving the best return on investment for utility scale projects. The Eternegy  tracker changes all of this.

The Eternegy tracker is extremely material efficient. It offers utility scale developers state-of-the-art dual-axis solar tracking at prices that compare favorably to single axis competitors. This makes the Eternegy tracker the clear IRR leader. The Eternegy tracker harvests the maximum of the sun’s energy without increasing costs.

The question that has plagued utility scale developers and EPCs has a clear answer.

Utility scale projects have the best IRR with an Eternegy dual axis tracker.

No other dual axis tracker can promise this. More sun for less.

 

“IRR on Equity Investment” Graph - Assumptions Table:

Modules: € 1.40 (€/1W Cost)
Inverters: € 0.30 (€/1W Cost)
Fixed Mount – materials: € 0.30 (€/1W Cost)
Tracker Singe-Axis: € 0.65  (25% Additional production vs. Fixed mount)
Tracker Dual-Axis: € 0.95  (40% Additional production vs. Fixed mount)Eternegy ETracker Dual-Axis: € 0.75 (40% Additional production vs. Fixed mount)
Other BOS:  € 0.30 (€/1W Cost. including: Site preparation, Electric, installation)
Design, engineering, planning: € 0.30 €/ 1W Cost Indirect/Overhead: € 0.30  (€/1W Cost)

Total Cost per installed Watt:
Installation Cost Per/W Fixed Mount: € 2.90 (Total installed cost per Watt – No additional production)
Installation Cost Per/W Dual-Axis: € 3.55 (Total installed cost per Watt – 40% additional production)
Installation Cost Per/W Single-Axis: € 3.25 (Total installed cost per Watt – 25% additional production)
Installation Cost Per/W Eternegy Dual-Axis:  € 3.35 (Total installed cost per Watt – 40 additional production)

General assumptions:
Irradiation (KWh/KWp): 1,650
Feed In Tariff: € 0.28
Annual system degradation: 0.8%
Insurance: 1.5% (% of revenue)
Maintenance: 6.0% (% of revenue)
Other costs: 1.5% (% of revenue)
Equity required: 20% (Project cost paid actually paid by developer)
Debt: 80% (Project cost paid by bank)Income tax rate: 25%

 

* Further details regarding the assumptions above can be given by demand. You’re welcome to contact us.