Techno-Economical Analysıs of Grid Connected PV System For A Universıty In Indıa

Abstract

This study presents techno-economical analysis of grid connected photovoltaic system for powering the Madan Mohan Malaviya University of Technology, Gorakhpur situated at Northern sub-region of India. Load data of university is taken from the Substation and solar data is taken from solar resource setup at the university. The system is optimized for the load and solar data by the HOMER software. Different rating of photovoltaic panel and inverters are studded in the search space. The best feasible system is chosen according to net present cost of the system and carbon dioxide reduction. From the results, it is found that 500kW PV panel and 500kW inverter is the optimal solution for university. This system has 37% renewable fraction and cost of electricity is just about $0.1/kWh. This system will reduce the emission of CO₂ gas about 544 tones in a year.