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 ?
Evergreen Solar makes yard-adorning photovoltaic panels ($995 before rebates) that are connected directly to your home's circuit breaker.
3) Supply and installation of photovoltaic systems for the Volunteer Fire Brigade in Zlocieniec yarn Street.
Infiltrating semiconducting polymers into self-assembled mesoporous titania film for photovoltaic applications.
The cheapest photovoltaic panels cost $6,000 per kilowatt to manufacture, producing peak power for about one-fifth of the day under average conditions.
Chapter Three Photovoltaic Combiner Box Production Supply Sales Demand Market Status and Forecast
The plant, 50 miles east of San Francisco, employs 100 people manufacturing photovoltaic panels, which harness solar energy to produce electricity.
Though scientists differ in their prognoses for the Sandia device, known as a photovoltaic concentrator module, they agree the new collector marks an important step toward commercializing photovoltaic technology for applications such as generating electrical power.
Guascor Foton's Navarre power plant and Murcia power plant are the largest concentrated photovoltaic plants with installed capacities of 7.
Solar Photovoltaic (PV) in Australia, Market Outlook to 2025, Update 2015 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles" is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the solar photovoltaic (PV) market in Australia.
USPRwire, Wed Nov 11 2015] Solar Photovoltaic (PV) in Ukraine, Market Outlook to 2025, Update 2015 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles" is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the solar photovoltaic (PV) market in Ukraine.
Zhu Gongshan, the chairman of the board of directors of the firm was elected as the chairman of the second session of joint chairman in the fifth general meeting of the first session of Asian Photovoltaic Industry Association (APVIA) in Singapore.
This is the highest efficiency yet attained by any photovoltaic device.