Photovoltaic panels for solar power applications
Sector
Manufacturing
Location
Capital Investment
3,862,000 OMR
Internal Rate of Return
14.62%
Payback Period
8 Years
Implementation Duration
0.0 Years
Description
Manfacturing of solar panel is a device that converts sunlight into electricity by using photovoltaic (PV) cells. PV cells are made of materials that generate electrons when exposed to light. The electrons flow through a circuit and produce direct current (DC) electricity, which can be used to power various devices or stored in batteries.