Integrating solar heat and calcium looping (CaL) process into the existing lignite-fired power generation system is a promising technology to control CO2 emission. However, the heat released from carbonation process led to the temperature increase of exhaust flue gas together with heat losses in boiler. To recover the waste heat from the exhaust flue gas, this paper proposed a solar-aided lignite-fired power generation system with CaL process CO2 capture, lignite pre-drying and feedwater preheating (i.e., design III). Besides, design I without waste heat recovery and design II with only lignite pre-drying were simulated for comparison. Through the case study based on a solar-aided 330 MW lignite-fired power generation system, thermal and techno-economic performance of design III was the best on the design condition. Its standard coal consumption rate was 374.44 g/kWh, which was 61.12 g/kWh and 8.24 g/kWh lower than design I and design II, respectively. With the new design, the annual net profit of design III is $18.2924 M, with $0.5652 M higher than design II. The sensitivity analysis indicated that the thermal performance of design III was also the best under various conditions of CO2 capture efficiency and integrated solar heat.