How to calculate the cost of a solar power plant? what are the components used in calculation?Please also comment on the losses which are considered in solar power generation?
Thank You.
There are mainly two solar power systems: Solar PV and Concentrating Solar system
The capital cost of a PV system is composed of:
· The PV module cost. The cost of the PV module – the interconnected array of PV cells – is determined by raw material costs, notably silicon costs, cell processing/ manufacturing and module assembly costs
· The BoS cost. The BoS cost includes items such as the cost of the structural system (e.g. structural installation, racks, site preparation and other attachments), the electrical system costs (e.g. the inverter, transformer, wiring and other electrical installation costs) and the cost of the battery or other storage system, if any, in the case of off‑grid applications.
The capital cost of the Concentrating Solar system is composed by:
· The solar field.
· Receiver system.
· Thermal energy storage.
· Power block.
Hello sir,
can you suggest/provide a book or Pdf consist of data sheet and cost calculation detail.
Hi Anurag Pandey,
Have a look at these files. I find these will be most useful for you.
Thankyou.
Hello Sir,
It contains useful and important data. Thank You for your suggestion.
The cost of solar PV in the sum of costs of its components including:
1) PV wafer panels. This will depend on the power requirements.
2) Power electronics (e.g., current inverters, etc)
3) Labor cost to install the units.
I recommend that you visit the Department of Energy website to get the detailed cost. Here is the URL:
www.doe.gov
Hope this helps answer your question.
Professor Yehia Khalil
Yale University
USA
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