Are you deciding whether to install solar panels at your premises?
28 September 2022
News
Whether it’s to live more sustainably, to save money, or both, many people and organisations think about adding solar panels to their premises. A number of factors may be considered including which type of solar panel may be best suited to the application, as well as whether it will be a worthwhile investment.
Now an online software tool from the National Institute of Standards and Technology (NIST) can help answer these questions. The software, called [PV]2, which stands for present value of photovoltaics, analyses the economic and environmental impact of installing rooftop solar technology. The software can assist homeowners, business owners, and even installers when evaluating rooftop solar photovoltaic systems.
[PV]2 uses a method called life-cycle cost analysis, which assesses the total cost of a structure, project or product over time. It takes into account various costs and can identify the most cost-effective options for the long term. The web application went through beta testing before becoming available to the general public and received feedback from beta testers, such as solar installers, homeowners who had recently installed solar panels, homeowners who have considered but not yet installed solar panels, and other tool developers. [PV]2 can also be useful for solar installers needing to provide a transparent, independent solar panel economic analysis.
The software can be accessed by visiting https://pv2.nist.gov/
Further reading:
RE+ South Africa 2026: From strategy to execution
News
Taking place at Gallagher Convention Centre in Johannesburg from 02 to 04 June 2026, this new addition to South Africa’s energy landscape introduces a focused commercial and industrial energy event within a proven exhibition platform.
Read more...
Africa Energy Indaba announces 2027 dates
News
Following the continued success and growing global impact of the Africa Energy Indaba, organisers have announced the dates for the 19th edition of the Africa Energy Indaba 2027.
Read more...
RS South Africa named master distributor for the Arduino UNO Q
RS South Africa
News
RS South Africa announced that it has been named Master Distributor for the Arduino UNO Q SBC platform across South Africa and the broader African region.
Read more...
Engineering in a world that cannot assume connectivity
Technews Publishing
Editor's Choice News
Across industrial automation, networking, and defence systems, engineers are rediscovering the importance of resilience and autonomy in an increasingly connected world.
Read more...
IOT secures major industry partnership
IOT Electronics
News
IOT Electronics has announced a new strategic partnership with Powell Electronics, becoming an Official Authorised Reseller in South Africa.
Read more...
Successful Proteus training conference
Dizzy Enterprises
News
Dizzy Enterprises recently hosted two hands-on Proteus Training Conferences, bringing together electronics professionals, designers, and enthusiasts to explore the latest capabilities of the Proteus Design Suite from Labcenter Electronics.
Read more...
Hitachi reinvents asset management solution
News
Hitachi Energy, in collaboration with Microsoft, is accelerating the digital transformation of essential infrastructure - from electricity networks and transportation corridors to heavy industrial operations - by reinventing how critical assets are managed and maintained.
Read more...
Mycronic releases mixed Q4 results
News
Mycronic reported mixed Q4 results for the year ended January to December 2025, while delivering record full year order intake and net sales.
Read more...
AGOA: Businesses should diversify or face significant exposure
News
Cross-border payments platform Verto has called on South African and African businesses to accelerate their transition toward a “post-AGOA” trade strategy following President Donald Trump’s signing of a one-year extension to the African Growth and Opportunity Act (AGOA).
Read more...
European components distribution growing
News
European electronic components distribution returned to growth in the fourth quarter of 2025, according to newly released figures from DMASS Europe.
Read more...
printer friendly version