Glossary

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Monitoring

Energy Managment System controls and manages in real time the energy we generate, store and consume.

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MW

Unit of measurement of power equivalent to one million watts.

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Next Generation

The Next Generation EU Funds are the European Union's response to the Covid crisis, in an initiative that aims to provide financial support to EU Members through loans totaling €750 billion, to be distributed between 2021 and 2026.

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Sustainable Development Goals (SDGs)

These are the 17 Sustainable Development Goals decided in 2015 by the United Nations to ensure a future of peace and prosperity for humanity. They cover different sectors, such as the eradication of world hunger, gender equality, climate protection and the provision of clean energy for all.

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O&M

These are the ongoing operational needs of a solar system, including cleaning, repairs, parts replacement, invoice management, etc. 

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Opex

Operating costs for business management

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Payback

Number of years required for the positive flows of the investment to offset the expenses incurred. Provides the risk of a project expressed only in terms of time.

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