Year
2021
Abstract
This case study addresses the long-term profitability of renewable energies and is focused on the production of electricity with solar panels for a filling station. The case study has 3 parts: the first part addresses the risks of the project and the sizing of the photovoltaic market in Nigeria the second part focuses on the comparison of savings flows projections between the different solutions and on the main criteria for the selection of an investment(NPV,IRR and payback period).The impact of the oil price and of the discount rate are considered. the third part deals with the creation of the start up WREN ELEC (World Renewable Energy ELEC), an electricity operator offering to sell hybrid solutions on an EPC (engineering-procurement-construction) basis. The impact of the capital structure is considered through the IRR of the main shareholder CLEAENELEC and through the notion of financial leverage .
BUISSON, V. (2021). Renewable energies in sub-Saharan Africa solar panels for a filling station in Lagos, Nigeria. ESSEC Business School.