Abstract
This research paper presents a detailed cost-benefit analysis of Maximum Power Point Tracking (MPPT) methods used in photovoltaic (PV) systems, focusing on their impact on energy efficiency and financial performance. MPPT technologies are crucial for optimizing the energy output of PV panels by aligning their operating conditions to the solar panel's maximum power point. This study compares several prevalent MPPT techniques, including Perturb and Observe (P&O), Incremental Conductance (IncCond), and others, to evaluate their effectiveness in enhancing the energy harvest from solar installations. The analysis encompasses an examination of the initial costs, operational efficiency, maintenance expenses, and return on investment over the lifecycle of PV systems. Additionally, the paper explores the implications of these technologies in various environmental conditions and their adaptability to dynamic weather patterns. Through quantitative and qualitative assessments, this study aims to provide a comprehensive insight into the economic and efficiency-related merits of implementing different MPPT methods in solar energy systems
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