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Chill

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2.2 Previous Studies on Photovoltaic using RETScreen

A study on the cost of solar energy generated using pv panels. The objective of this paper is to analyzed the potential production, cost, and GHG emissions reduction of installing a 5 MW PV system in Saudi Arabia. The study examined 41 different locations in Saudi Arabia to analyzed the global solar radiation levels and sunshine duration values and found out that Bishah was the best site, with a global solar radiation of 2.56MWh/m2 each year and sunshine duration with an overall mean of 8.89 hours. RETScreen Analysis showed that the total initial cost of the project was 39,864,634$ and the net present value was estimated to be US $74 million, having a simple payback period of approximately 7.6 years and a GHG emissions reduction of 335,455 CO2 tons/year (Rehamn, S. et.al, 2007).

In study of viability analysis of photovoltaic power plants in Egypt, this paper aims to investigate the economical, environmental and potential sites in Egypt, to build a 10MWPV-grid connected power plant. The global solar radiation and sunshine duration data was obtained from NASA’s Surface Meteorology and Solar Energy database inorder to determined the best location. they also examined a number of different solar PV module types and selected the model with the highest ratio of capacity/area, the mono-Silicon 205 W Module from SANYO. The result of RETScreen analysis indicated that placement of the proposed 10MWPV-grid connected power plant was at the Wahat Kharga because of the highest Global solar radiation and profitability, with a NPV of US $144.3 million (El-Shimy, 2009).

A Viability of solar photovoltaics as an electricity generation source for Jordan, the purpose of this study is to assess the proposed of 5 MW grid-connected PV power plant. To assess the distribution of radiation and sunshine duration over Jordan, monthly average daily global solar radiation and sunshine duration data for 24 locations, distributed all over the country were studied and analyzed. The result of the study showed Tafila is the most suitable sites for the solar photovoltaic power plant’s development with the highest NPV of 40.5$ million and having a minimum Simple Payback Period of 2.3 years and a reduction of 9,317 CO2 tons/year (Hrayshat, 2009).

2.2.1 Summary

In their studies, they had used RETScreen software to examined large-scale PV grid-connected power plants and assessed their energy production potential, financial feasibility, and GHG emissions reductions. All the studies, examined a number of potential sites for the proposed PV plant and conduct a RETScreen analysis, to determined the optimal location for the power plant. All the RETScreen studies found out that the PV projects have a positive net present value, making all of the projects financially feasible.…...

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