Abstract
Abstract: With depletion of fossil fuel resources, the world is moving towards the use of non-conventional energy resources; among which the solar energy is pollution free and inexhaustible option. In this study, energy based analysis of photovoltaic (PV) system is analyzed for the climate of Madhav Institute of Technology and science, Gwalior, India and carbon credit is earned and calculated for the same. This analysis of PV system is done based on monthly performance of the system and life of 30 years. Embodied energy and Energy Payback (EPB) is also analyzed for calculation of reduction in CO2 emission while generating of electrical energy.
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