Renewables: Wind, Water, and Solar (Jun 2021)

Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal

  • Ramhari Poudyal,
  • Pavel Loskot,
  • Ranjan Parajuli

DOI
https://doi.org/10.1186/s40807-021-00068-9
Journal volume & issue
Vol. 8, no. 1
pp. 1 – 18

Abstract

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Highlights The proposed PV system achieves the levelised cost of energy by 0.06 $/kWh, and its investment rate is 87%. The efficiency of the proposed PV system is 17%, and its performance ratio is 84%. The payback period for the deployment of the proposed PV system is 8.6 years. Deployment of the proposed PV system can save 10.33 tons of CO2 emission over its lifetime.