Consider a PV solar power project with the following parameters: Initial cost: $18M for hardware+$14M for installation. The yearly energy produced is 24 millions kWh which will bring an income of $2.9M per year $0.5M per year is used for operation and maintenance. At the end of the 25 year time horizon, a net expenditure of $1M will be required for removal and site cleaning. The MARR is 7%. a) Calculate the NPV for this investment. b) Recalculate the NPV, this time assuming that an investment tax credit of 20% for hardware and 10% for installation costs are available. c) Calculate the IRR for this investment (with tax incentive). d) Calculate the levelized cost of energy (with tax incentive) Consider a PV solar power project with the following parameters: Initial cost: $18M for hardware+$14M for installation. The yearly energy produced is 24 millions kWh which will bring an income of $2.9M per year $0.5M per year is used for operation and maintenance. At the end of the 25 year time horizon, a net expenditure of $1M will be required for removal and site cleaning. The MARR is 7%. a) Calculate the NPV for this investment. b) Recalculate the NPV, this time assuming that an investment tax credit of 20% for hardware and 10% for installation costs are available. c) Calculate the IRR for this investment (with tax incentive). d) Calculate the levelized cost of energy (with tax incentive)