Potential Assessment and Performance Evaluation of a Floating Solar Photovoltaic on the Great Ethiopian Renaissance Dam

Table 7

Total cost of equipment for FPV.

No.	Item	Quantity (number)	Cost per item (USD)	Total cost (USD)
1	PV module	2,500	105.3	263,250
2	Module support (anchor and mooring)	2,500	17.238	43,095
3	Inverter	9	6,500	58,500
4	Installation and commissioning	—	—	60,400
Total investment cost for
Module degradation				1% annually
Depreciation rate				5%
Discount rate				7%
Life span of the FPV				20