2019
DOI: 10.1016/j.jestch.2019.04.001
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Project and cost-based evaluation of solar energy performance in three different geographical regions of Turkey: Investment analysis application

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Cited by 35 publications
(26 citation statements)
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References 14 publications
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“…The system has investigated least COE and NPC selecting load following strategy to control energy flow between multiple related subsystems. 19,35 8.1.7 | Internal rate of return The term internal rate of return (IRR) has been used as an essential benchmark in project assessments and their investment estimation. 132 From the profitable perspective of the hybrid MG system, IRR is computed as 33.3% and ROI of 31.7% for African rural electrification.…”
Section: Renewable Fractionmentioning
confidence: 99%
“…The system has investigated least COE and NPC selecting load following strategy to control energy flow between multiple related subsystems. 19,35 8.1.7 | Internal rate of return The term internal rate of return (IRR) has been used as an essential benchmark in project assessments and their investment estimation. 132 From the profitable perspective of the hybrid MG system, IRR is computed as 33.3% and ROI of 31.7% for African rural electrification.…”
Section: Renewable Fractionmentioning
confidence: 99%
“…PVsyst is a package computer software developed by the University of Geneva in Switzerland to perform a technical and economic analysis of PV systems through simulation [19,27]. The solar radiation data needed to perform the simulation is obtained by specifying the latitude and longitude of the place where the system will be installed [28].…”
Section: Pvsyst Softwarementioning
confidence: 99%
“…The solar radiation data needed to perform the simulation is obtained by specifying the latitude and longitude of the place where the system will be installed [28]. While performing the simulation calculations, the program uses the database containing detailed solar radiation, regional soiling rate, surface reflection rate (Albedo) data, physical and technical characteristics of the system tools such as the selected module and inverter [19]. PVsyst gives us the energy production, the Sankey diagram showing the array and system losses and simulation reports of the PV power plant to be installed [25].…”
Section: Pvsyst Softwarementioning
confidence: 99%
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“…In addition, the main indices for analyzing energy costs and pricing schemes has been presented. A relevant application of these indices can be found in [7] where the investment of a photovoltaic energy system was evaluated through a case study in three different cities in Turkey. In order to model production uncertainty in photovoltaic energy systems, a scenario-based approach to evaluate the potential use of solar energy for charging EVs was introduced in [8].…”
Section: Related Workmentioning
confidence: 99%