Techno‐economic feasibility analysis of integrating grid‐tied solar PV plant in a wind farm at Harapanahalli, India

Yendaluru, Raja Sekhar; Karthikeyan, G.; Jaishankar, Aishwarya; Babu, Sarath

doi:10.1002/ep.13374

Cited by 18 publications

(16 citation statements)

References 11 publications

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“…The software RETScreen has been applied in several studies on renewable energy to determine their feasibility [38][39][40][41][42]. RETScreen rapidly identifies, assesses and optimizes the technical and financial viability of potential clean energy projects.…”

Section: Modelling the Energymentioning

confidence: 99%

“…Its financial model allows it to calculate from some input parameters (e.g., discount rate and debt ratio) the output items of financial viability such as IRR, SPB, and NPV. Several authors have assessed solar photovoltaic projects using the RETScreen software obtaining important results, as done by Yendaluru et al, [38] who analyzed the techno-economic feasibility of an integrating grid-tied solar PV plant in a wind farm, or Islam et al, [39] who evaluated an LED system.…”

Section: Financial Assessmentmentioning

confidence: 99%

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Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)

et al. 2020

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Universities around the world should be at the forefront of energy-saving and efficiency processes, seeking to be at the same level or preferably higher than the rest of society, and seeking the goal of 20% renewable energy by 2020. Sustainability practices have been carried out by several universities. In Mexico, the National Autonomous University of Mexico (UNAM) is a leader in this subject; in fact, the newest National School of Higher Studies - Juriquilla (ENES-J) that belongs to UNAM, located in the city of Queretaro (Mexico), is involved in its sustainability plan, with one of its main objectives being to save electric energy. UNAM has some campuses outside of Mexico City, and one of them is the National School of Higher Studies Juriquilla (ENES-J) in the state of Queretaro, where there is the Orthotics and Prosthetics Laboratory (OPL), in which has been installed a Computer Numerical Control (CNC) machine type Haas Automation model UMC-750, which has 5-axis and is an effective means to reduce the number of setups and increase accuracy for multi-sided and complex parts. This machine will be used to design, build, and assess human prosthesis. This study aimed to contribute to sustainability policies at the ENES-J from UNAM, implementing a solar photovoltaic system (PVS) to deliver electricity to the grid and contribute to reducing the electricity load at the Orthotics and Prosthetics Laboratory (OPL), as well to propose new research lines to support the sustainability policies in universities, and also proposing a financial analysis. To achieve this, in an area of 96.7 m2, 50 solar panels type mono-Si Advance Power API-M330 with an efficiency of 17.83% and a capacity factor of 20.4% will be installed and will provide 17.25 kW of power and 345 kWh of energy. The financial analysis shows the initial costs of 46,575 USD/kW, operation and maintenance (O&M) costs (savings) of 569 USD/kW-year, a monthly electricity export rate of 0.10 USD/kWh, electricity exported to the grid of 21.5 MWh, and an electricity export revenue of 2,145 USD. To assess the environmental balance with this PVS at ENES-J, an analysis of greenhouse gases (GHG) is carried out by using the RETScreen software. In this analysis, a GHG emission factor of 0.45 tCO2/MWh was found, as well as a savings of 12,089 USD per year.

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Section: Modelling the Energymentioning

confidence: 99%

Section: Financial Assessmentmentioning

confidence: 99%

Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)

et al. 2020

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“…From their research results, the solar production varied from 0.7 to 6.4 kW during the year, the incidence angle varied from 0 • to 92 • and the solar azimuth varied between −162.5 • and 171 • . According to Yendaluru et al [20], the incidence angle value can be used to determine completely shadow-free regions in the location, and the concept of shadow formation is influenced by this value.…”

Section: Impact Factors Identifiedmentioning

confidence: 99%

“…According to Goswami et al [23], the reliability and energy efficiency of the PV plant are determined by the performance rate and this rate depends, among other factors, on the shading of the PV panels. According to Yendaluru et al [20], the sizing of the PV plant and the balance of the system (BoS) should be performed based on the shadow-free area.…”

Section: Shadingmentioning

confidence: 99%

Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments

et al. 2020

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The introduction of environmental impact targets around the world has highlighted the need to adopt alternative sources of energy, which can supply the demand and mitigate the damage caused to the environment. Solar energy is one of the main sources of alternative energy, and is considered an abundant source of clean energy. However, to facilitate and encourage investors interested in the installation of photovoltaic energy systems for electricity production, it is essential to evaluate the factors that impact the economic viability of the projects. Therefore, the objective of this research is to present a systematic analytical framework, in order to identify and analyze the main factors that impact the financial feasibility of projects for the installation of photovoltaic energy plants. For this purpose, a systematic literature review was carried out, analyzing the main studies related to the topic and identifying the main factors that may financially affect investments in photovoltaic energy systems. From this review, 29 influencing factors were identified and separated into five categories, namely, location, economic, political, climatic and environmental, and technical factors. The main factors highlighted are the investment cost, power generation, operation and maintenance costs, solar radiation, lifetime, energy tariff, efficiency, electricity consumption, and interest and taxes. The results may assist policy makers, investors, researchers, and other stakeholders to identify the key factors that are being examined in the literature, and to evaluate which ones should be considered in their study to ensure the sustainable development of power generation through the solar source.

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“…This explains the household's potential for GHG mitigation in Pakistan. Moreover, literature also covers hybrid green renewable energy system assessment on RETScreen for better investment decision making [24,25].…”

Section: Introductionmentioning

confidence: 99%

The Role of Single End-Users and Producers on GHG Mitigation in Pakistan—A Case Study

et al. 2020

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End energy user is dependent on fossil fuel-based main-grid and contributes toward greenhouse gasses (GHG) emissions. Changing its energy source will change the dynamics of the power plant, contribution towards GHG production. This case study aims to highlight the minute but positive role of a single end energy user, invisible to the main grid in GHG mitigations through photovoltaic energy source, selected among Pakistan’s top 10 most populous cities as per census 2017. Quetta is a selected city in Pakistan as the best fit location based on annual average daily solar radiations (AADSR) data retrieved from National Aeronautics and Space Administration (NASA) meteorological data. Helioscope software is used to select −15° tilt and 180° azimuthal angles, which further increased Quetta’s AADSR value from 5.54 kWh/m2/d to 5.93 kWh/m2/d. For research significance, a realistic approach is undertaken by proper selection of solar panel type based on Quetta’s annual average temperature, load categorization, user selection and inputs from a solar energy expert. Finally, initial cost, investment and GHG mitigation analysis are carried out in RETScreen Expert software, which validates the minute but the prominent role of a single, end energy user by mitigating 122 tons of CO2 in 25-year project life span. Further, the proposed project favors end-user financially by recovering its $4501 initial cost in less than four years by effectively meeting its energy demand and saving $1195 per annum.

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Techno‐economic feasibility analysis of integrating grid‐tied solar PV plant in a wind farm at Harapanahalli, India

Cited by 18 publications

References 11 publications

Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)

Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)

Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments

The Role of Single End-Users and Producers on GHG Mitigation in Pakistan—A Case Study

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