An investor must decide between two potential renewable energy (RE) projects, a 2.5 MW solar PV project. The life of the projects is 10 years. Both the wind and solar resources at the proposed sites are good, as a result, the investment is dependent on certain key performance indicators. Both projects are given a required rate of return of12 %, hence determine the following: i. 11. The Net Present Value (NPV) for each project manually. The Cumulative Net Present Value throughout each project's lifetime Create a cash flows diagram for the projects. 111 [6+ 4 + 4 marks] TOTAL: 14 marks Table 1 Costs and cash flow for a proposed 2.5 MW Solar Photovoltaic project. Present value of Investment investment $ $ 3,000,000 3,000,000 Present value of Annual Cash Flow $ 0 Year 0 1 2 3 4 5 6 7 8 9 10 Present value O&M Present value Annual Costs of O&M Costs Cash Flow $ $ $ 0 0 35,700 31.875 550,000 36,400 29,018 550,000 37.100 550,000 37.900 24.086 550,000 38,600 21.903 550,000 39,400 19,961 550,000 40,200 550,000 41,000 550,000 41,800 550,000 42.600 550,000 3,000,000