Photovoltaic panels for solar power applications
Sector
Renewable Energy
Location
Suhar Industrial City (Madayn)
Capital Investment
3,862,000 OMR
Internal Rate of Return
14.62%
Payback Period
8 Years
Implementation Duration
1.0 Years
Source
Ministry of Commerce, Industry & Investment Promotion
Land Size
4500 sqm
Description
Manfacturing of solar panel is a device that converts sunlight into electricity by using photovoltaic (PV) cells. PV cells are made of materials that generate electrons when exposed to light. The electrons flow through a circuit and produce direct current (DC) electricity, which can be used to power various devices or stored in batteries.