PV

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Related to photovoltaic: Photovoltaic effect, photovoltaic cell

PV

Present Value

The worth of a future amount of money at specific point in time. If one expects an investment to result in a cash flow at a certain time in the future, calculating the cash flow's present value will help the investor decide whether the investment results in a real profit. Calculating the present value assumes that the investor knows both the future amount and the applicable interest rate or rate of return. One discounts the interest rate or rate of return from the future amount in order to arrive at the present value. Mathematically, this is expressed as:

Ct = C(1 + i)-t where C is money, t is a number of years, and i is the interest rate or rate of return.

Present value of money is important in calculating bond yields, the value of annuities, and many other transactions. It is also used in comparing the value of two amounts of money existing in different times. See also: Adjusted for inflation.

PV

References in periodicals archive ?
To some extent, photovoltaic industry in China still faces the problem of depending on overseas countries for raw materials and market.
2) Supply and installation of photovoltaic system for the building of Primary School No.
4 Photovoltaic Electric Stations and Distributed PV
The decision to construct the second photovoltaic power generation system is a part of such effort.
The photovoltaic power generation and rapid charging system developed and launched by ULVAC can use utility power during the night and days when there is little sunshine.
According to Huacuz, annual photovoltaic power growth in Mexico should average 10% to 15% over the next three to five years.
Currently the going rate for a photovoltaic panel is between $3.
But in hotter and more cloudless climates, in building types ranging from offices to homes where angled sun protection is normal to allow users a view of the outside while protecting the interior from excessive insolation, surely combinations of shading devices and photovoltaic panels (perhaps the new semi-transparent kind) could lead to new architectural expressions -- and much more energy-efficient buildings.
In the global photovoltaic market, China sees rapid development and has become the world's largest producer of solar cells and solar cell components.
Concentrated Photovoltaic (CPV) Market, Update 2015 - Global Market Size, Competitive Landscape and Key Country Analysis to 2020
com adds latest Photovoltaic Inverter industry reports on for Global and China markets that provide key statistics on the market status of the Photovoltaic Inverter manufacturers and are a valuable source of guidance and direction for companies and individuals interested in the industry.
INPEX Logistics), it has decided to construct the second large-scale photovoltaic power generation system in Joetsu City, Niigata Prefecture, Japan.