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Life Cycle Cost of Residential Solar Power Systems in Gujarat

Author(s):

Dabasiya Parbat Lalji , indus institute of technology & engineering; Anand Patel, indus institute of technology & engineering

Keywords:

Solar Power Systems, Solar Energy

Abstract

Global installed capacity of renewable energy technologies are growing rapidly. The ability of renewable technologies to enable a rapid transition to a low carbon energy system is highly dependent on the energy that must be “consumed” during their life-cycle. Energy scarcity is one of the major problems every developing country is facing. Renewable energy is a promising source to solve energy related problems of the developing nations and help to accelerate growth. The present study is focused on the financial aspects of a 2KWp & 3KWp solar PV system in Gujarat. Financial analysis has been performed with present cost of the system and energy cost on life cycle basis.

Other Details

Paper ID: IJSRDV5I21683
Published in: Volume : 5, Issue : 2
Publication Date: 01/05/2017
Page(s): 1867-1869

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