Solar energy - gastles Flashcards
What does CSP stands for?
Concentrated solar power
For what percentage does CSP accounts in the global energy production?
Only 0.1%
What does PCE stands for?
Power conversion efficiency
What does PERC stands for?
PERC, which stands for Passivated Emitter and Rear Cell or Passivated Emitter and Rear Contact, is a new technology aimed to achieve higher energy conversion efficiency by adding a dielectric passivation layer on the rear of the cell.
What does CAPEX and OPEX stands for?
OPEX: Operational expenses
CAPEX: Capital expenses
CAPEX (Capital Expenditures) refers to the money a company or organization spends to acquire or upgrade physical assets such as property, buildings, equipment, or technology. These expenditures are made to generate income in the future. These investments are intended to be long-term in nature and are usually financed by issuing debt or equity.
OPEX (Operating Expenditures) refers to the money a company or organization spends on day-to-day operations, such as labor, utilities, and supplies. These expenditures are made to maintain the current operations and do not generate future income. These costs are incurred in the short-term and are usually financed from current income or working capital.
In simple terms, CAPEX is the money spent on long-term investments that help a company grow, while OPEX is the money spent on running the day-to-day operations of a business.