A Theoretical Pre-Assessment of Solar Photovoltaic Electrical Production for Commercial Retail Centers

Abstract

The successful implementation of solar photovoltaic technology in retail centers has enabled various consumers the ability to generate and consume electricity on the same premises, reducing electricity costs and dependency on currently utilities. The rooftop mounting solution consists of affixing the photovoltaic modules on existing roof structures of retail centres. Accelerated deployment of photovoltaic technologies in recent history (within developing countries) led to various logistical, technical and bureaucratic barriers arising. A comprehensive understanding of these barriers is required to ensure efficient and effective deployment of the technology in developing countries. This study investigates the assessment considerations for the pre-deployment phase of photovoltaic technologies in retail centres. Environmental-, policy-, technical-, and financial factors are identified as the main barriers affecting the financial viability and Return on Investment of such a project. The evolution of this technology within developing countries and the integration of PV and retail centres are investigated. Finally, various financial evaluation criteria are presented to which the viability of the technology is determined. Understanding of the various barriers ensures effective deployment of the technology in retail centres, commercial and residential sectors of an economy.