Amid escalating climate concerns, particularly global warming, there is a significant shift towards renewable energy sources. Concentrated Photovoltaics (CPV) are at the forefront of this transition due to their high efficiency and clean energy generation capabilities. However, CPV cell stability and reliability are compromised by high operating temperatures, necessitating effective cooling solutions. This study proposes a novel coupled Concentrated Photovoltaic System (CPVS) and Liquid Air Energy Storage (LAES) to enhance CPV power generation efficiency and mitigate the challenges of high cell temperatures and grid integration. The research introduces an innovative process employing the cell liquefaction cycle for LAES, utilizing surplus cooling capacity to maintain CPV cells at optimal temperatures. A comprehensive thermodynamic analysis optimizes the coupled system’s operation and evaluates its economic benefits. The integrated system improves generation efficiency and economic viability of CPVS, resulting in a 24.41 % increase in photovoltaic module efficiency and a 2.03 % increase in overall rated power output. This leads to a 56.59 % increase in annual revenue for a 50 MW CPVS. Importantly, the findings demonstrate that integrating LAES with CPVS not only enhances solar energy utilization and economic benefits but also significantly contributes to the sustainability of clean, low-carbon energy systems, inspiring a greener future.
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