pvpumpingsystem.finance.initial_investment

pvpumpingsystem.finance.initial_investment(pvps, labour_price_coefficient=0.2, **kwargs)

Function computing the initial investment cost.

Parameters:

• pvps (pvpumpingsystem.PVPumpSystem,) – The Photovoltaic pumping system whose cost is to be analyzed.
• labour_price_coefficient (float, default is 0.2) – Ratio of the price of labour and secondary costs (wires, racks (can be expensive!), transport of materials, etc) on initial investment. It is considered at 0.2 in Gualteros (2017), but is more around 0.40 in Tarpuy(Peru) case.

Returns:

Initial investment for the whole pumping system.

Return type:

float