Should solar PV projects be aligned with the PPA?

should be aligned with the PPA. Solar PV power plant projects generate revenue by selling power. How power is sold to the end users or an intermediary depends mainly on the power sector structure (vertically integrated or deregulated) and the regulatory framework that governs PV projects.

Why is solar PV project development so important?

As opportunities for solar PV project development have increased, the number of qualified installers has commensurately expanded. Compared to the EPC process used for other forms of power generation, solar is relatively straightforward and local construction companies have been able to build capacity quickly.

Are solar photovoltaic power plants the future of power generation?

Although it currently represents a small percentage of global power generation, installations of solar photovoltaic (PV) power plants are growing rapidly for both utility-scale and distributed power generation applications.

How do governments support solar PV development?

Loans with low interest rates and other concessionary terms, such as extended tenors or risk sharing, have also been deployed by governments to support solar PV development.

Are support mechanisms for solar PV power considered in isolation?

In other words, support mechanisms for solar PV power cannot be considered in isolation because integration of solar and other types of renewables into a given power system and electricity market creates additional challenges that may affect a developer, if the level of penetration of intermittent renewable power grows to high levels.

How to improve the performance of a solar PV power plant?

The performance of a solar PV power plant can be optimised by reducing the system losses. Reducing the total loss increases the annual energy yield and hence the revenue, though in some cases it may increase the cost of the plant. In addition, efforts to reduce one type of loss may conflict with efforts to reduce losses of a different type.