Techno-economic assessment of a stand-alone solar photovoltaic system at IUT campus
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Department of Mechanical and Production Engineering (MPE),Islamic University of Technology(IUT), Board Bazar, Gazipur, Bangladesh
Abstract
Renewable energy resource is considered as clean, it can reduce the emission of
greenhouse gases (GHGs) which become a big concern around the world.
Electricity produced using solar energy which is one of the renewable energy
sources, can be an attractive from economic and environmental perspective. This
study presents a techno-economic assessment by developing a bottom-up dataintensive
spread-sheet-based model. The study estimates the electricity produced
by a 96.8kWp stand-alone solar photovoltaic in the south hall residential at Islamic
university of technology (IUT) campus.
The unit cost of electricity by solar radiation was found to be $0.456/kWh with a
net present cost of $267729.42.for the components, batteries were found to be the
most expensive of the PV system.
Description
Supervised by
Md. Mustafizur Rahman,
Department of Mechanical and Chemical Engineering (MCE),
Islamic University of Technology (IUT),
Board Bazar, Gazipur-1704, Bangladesh.
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Citation
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