Calculate the Percentage Efficiency of a Solar Power Tower with an Active

question 35

Multiple Choice

Calculate the percentage efficiency of a solar power tower with an active area of 15 m² and a production capacity of 5.5 kW of power. The solar power falling on the active area is 1 kW/m².

• A) 36.67%
• B) 66.67%
• C) 60%
• D) 20%
• E) 25.37%

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Definitions:

CCA Class

Stands for Capital Cost Allowance Class, which is a Canadian tax categorization for depreciation of tangible and intangible assets.

Net Working Capital

A financial metric representing the difference between a company's current assets and its current liabilities.

Present Value

The today's equivalent value of a future financial sum or cash flows, discounted at a predetermined rate of return.

CCA Tax Shield

The reduction in taxable income for Canadian businesses, derived from depreciating assets over time under Canada's Capital Cost Allowance regime.