Basics on Energy Economics of Renewable Power Generation Projects : A focus on utility-scale PV plants inclusion on national grid

The objective of this work is to evaluate the solar photovoltaic power addressing the perspective of this kind of power generation and its barriers in the Brazilian Market, taking into consideration the economic perspective of the country and the initial phase of development of the technology in the country. To better address the economics behind the solar power generation a case study of a solar power plant in Northeast Brazil, with a capacity of 30MW is analyzed and discussed in detail from the investor’s perspective. One of the main challenges faced for the case study is the lack of clear legislations based on the modal of power generation. Nevertheless, this article demonstrates successfully the financial and economic viability of the photovoltaic power plant in question and it the business plan could be extrapolated to other photovoltaic power plants.