Technical and Economic Analysis of Electricity Production with Solar Panels: Bursa Example

Abstract

Nowadays, technology is rapidly evolving. The overuse and adverse effects of fossil fuels have also accelerated the work in the field of renewable energy. Considering that the sun is an endless source of energy, it is inevitable to produce clean and sustainable power. In this case, the use of photovoltaic facilities by small and medium-sized enterprises is also economically effective. To this end, world states constitute various incentive mechanisms. Monocrystalline and polycrystalline panels are commonly used in photovoltaic plants. In this study, considering various incentive mechanisms samples were examined a photovoltaic plant in Turkey. In addition, the technical and economic analysis of electrical energy production from the photovoltaic solar power plant was conducted. In this study, technical and economic analysis of a 23 kW photovoltaic plant to be installed in small and medium enterprises in Bursa province, which is obtained from our country market, has been examined. From the technical point of view, the annual energy production obtained from the plant consisting of monocrystalline panels varied between 28081 kWhyear-1 and 32239 kWhyear-1 and the total energy production obtained during the economic life varied between 617838 kWhxyear-1 and 709250 kWhxyear-1. Annual energy generation from the plant consisting of polycrystalline panels was between 26209 kWhyear-1 and 31886 kWhyear-1 and the total energy production was between 524179 kWhxyear-1 and 637720 kWhyear-1 and less than the monocrystalline plant.