Renewables: Wind, Water, and Solar (Jun 2021)
Techno-economic feasibility analysis of a 3-kW PV system installation in Nepal
Abstract
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.