Estimation of Cost Analysis for 500kW Grid Connected Solar Photovoltaic Plant: A Case Study
Pages : 1859-1861
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Abstract
The depletion of conventional resources on a worldwide basis has necessitated an urgent search for alternative energy sources to meet up the present load demands. Solar energy is a clean, inexhaustible and environment-friendly potential resource among all renewable energy sources. But in the present scenario, there is a need of continuous supply of energy, which cannot be full filled alone by the grid. Therefore, in order to meet the load demand and increase the power generation, solar and other conventional conversion units are now being implemented as a Grid connected energy systems. The objective of this work is to estimate the cost analysis for 500kW grid connected solar photovoltaic plant and thereby have developed a system based on the potential estimations made for a chosen area of 10,1533m2(present Built-up area). The specifications of the equipment are provided based on the availability of the component in India. Annual energy generation by proposed Grid connected SPV power plant is calculated.
Keywords: Solar Photovoltaic (SPV) Energy, Energy Audit, Grid-Connected SPV system.
Article published in International Journal of Current Engineering and Technology, Vol.4,No.3 (June- 2014)