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Comparison on Economics and Performance of Large Scale PV Power Plants: a Case Study


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DOI: https://doi.org/10.15866/iree.v16i4.19857

Abstract


This paper compares the energy generation of two large-scale PV power plants at a rate of 6 MW. Economics and performances are the two main analysis viewpoints for the comparison of the system efficiency and profit of two types PV panel for a service period of twenty-five years. Thin-film and polycrystalline PV power plants have been studied. In the simulation results, three years of actual collected data have been analysed and compared. The PVsyst program has been used to simulate the performance ratio (PR) and the energy production. In addition, the net present value (NPV) has been also used to analyse the economic efficiency. The simulation results have showed that in the case of thin-film PV panels, the energy production in the beginning of the year has been higher than the actual collected data. On the other hand, in the case of polycrystalline PV panels, the energy production has been lower than the actual collected data. By the long term economic efficiency, the results have showed that the efficiency of polycrystalline PV panels has been better than the one of thin-film PV panels.  Therefore, the obtained results from this work may be used as a guideline for deciding to invest in the PV power plant in the future.
Copyright © 2021 The Authors - Published by Praise Worthy Prize under the CC BY-NC-ND license.

Keywords


Thin-Film PV Power Plant; Polycrystalline PV Power Plant; Performance Ratio (PR); Net Present Value

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