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ABC Corporation is considering investing in renewable energy projects. The company plans to invest $2 million in a solar power plant that is expected to

ABC Corporation is considering investing in renewable energy projects. The company plans to invest $2 million in a solar power plant that is expected to generate annual cash flows of $500,000 for the next 10 years. Additionally, the company estimates salvage value of $200,000 at the end of the plant's useful life. Using a discount rate of 8%, calculate the net present value (NPV) of the investment and evaluate its alignment with ABC Corporation's sustainability goals and objectives. In your analysis, discuss the environmental and social benefits of investing in renewable energy and the potential impact on the company's reputation and brand value.

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