Capstone Project
TECHNOLOGY CATEGORY
Smart HomeINDUSTRY SPONSOR
MicrosoftPROBLEM SPACE
Enviromental ScienceDATE COMPLETED
March 17, 2024
Solar Farm
Problem
Investing in community micro-grids requires significant capital and careful financial planning. Methods to access to detailed financial analyses and projections are currently lacking.
Approach
The team conducted research and expert interviews to scope the project to focus on how to gather data on finance, taxes, and incentives to create a comprehensive model.
Solution
Solar Farms is a powerful financial forecasting and analysis tool that factors in operational costs, initial investment, local energy prices, and government incentives. This enables micro-grid managers to make informed investment decisions based on actionable insights.