Abstract
Summary This work presents a worldwide analysis on the yield potential and cost effectiveness of photovoltaic farms composed of monofacial fixed-tilt and single/dual (1T/2T) tracker installations, as well as their bifacial counterparts. Our approach starts by estimating the irradiance reaching both the front and rear surfaces of the modules for the different system designs (validated based on data from real photovoltaic systems and results from the literature) to estimate their energy production. Subsequently, the overall system cost during their 25-year lifetime is factored in, and the levelized cost of electricity (LCOE) is obtained. The results reveal that bifacial-1T installations increase energy yield by 35% and reach the lowest LCOE for the majority of the world (93.1% of the land area). Although dual-axis trackers achieve the highest energy generation, their costs are still too high and are therefore not as cost effective. Sensitivity analyses are also provided to show the general robustness of our findings.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
