2019
DOI: 10.3390/su11236647
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Performance and Economic Evaluation of Solar Rooftop Systems in Different Regions of Thailand

Abstract: Solar rooftop systems in the residential sector have been rapidly increased in the term of installed capacity. There are various factors, such as climate, temperature, and solar radiation, that have effects on solar power generation efficiency. This paper presents a performance assessment of a solar system installed on the rooftop of residence in different regions of Thailand by using PSIM simulation. Solar rooftop installation comparison in different regions is carried out to evaluate the suitable location. I… Show more

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Cited by 37 publications
(24 citation statements)
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References 27 publications
(64 reference statements)
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“…The economic evaluation was performed based on the geography of Thailand, which is a tropical country located near the Equator. Several areas in Thailand have great solar power potential, with solar irradiation of 17-20 MJ/m 2 per day [39]. The average solar irradiation throughout the year of Thailand is 17.6 MJ/m 2 per day, which is reduced from the previous solar power potential report [38].…”
Section: Economic Feasibility Analysismentioning
confidence: 95%
See 1 more Smart Citation
“…The economic evaluation was performed based on the geography of Thailand, which is a tropical country located near the Equator. Several areas in Thailand have great solar power potential, with solar irradiation of 17-20 MJ/m 2 per day [39]. The average solar irradiation throughout the year of Thailand is 17.6 MJ/m 2 per day, which is reduced from the previous solar power potential report [38].…”
Section: Economic Feasibility Analysismentioning
confidence: 95%
“…The economic study used dynamic methods to account for the time value of money by discounting the cash inflows of the project, which are the DPP, NPV, IRR, and PI. The economic indicator formulas were already derived as indicated in [39].…”
Section: Economic Feasibility Analysismentioning
confidence: 99%
“…Annual saving for Dir Ammar = 10,861 × 0.5 = 5430.25 $ and for Al-Birin = 16,478 × 0.5 = 8238.5 $. For feasibility evaluation, the rate of return (ROR) method can be employed so as to assess if a project or investment is economically justified (Yoomak, 2019;Firouzjah, 2018) [26,27]. The ROR method is expressed as the rate of interest earned on the unrecovered balance of the capital cost.…”
Section: Rate Of Return Methodsmentioning
confidence: 99%
“…In Thailand, since 2007, the FIT prices have been applied for solar PV systems [42]. In 2013, Thailand's FIT price was divided into three levels with different applications of solar PV power including solar farm, solar rooftop, and solar for community in range of 0.19 to 0.21 USD/kWh.…”
Section: Unsustainable Fit Mechanismsmentioning
confidence: 99%