Valuation of effectiveness of constrution of photovoltaic power plant

The main objective of this thesis is to provide management of specific company with valid information concerning intended investment in construction of a small photovoltaic power plant. Valuation of the investment is done using methods: payback period, discounted payback period, net present value, internal rate of return and profitability index. There is a comlete sensitivity analysis included in the thesis. Besides the valuation itself, the thesis provide also relevant information about the company, legal environment, czech and european renewable energy market and current state of the project