Energy Return on Investment Analysis of a Solar Photovoltaic System

Abstract

The consumption of petroleum product assets on an overall premise has required an earnest look for elective vitality sources to get together the present-day request. The world likewise faces the double difficulties of petroleum derivative exhaustion and CO2 discharges plus the fundamental competitor for confronting these difficulties. However, safe and economic concepts for CCS have not been proven, nuclear suffer from high cost, radioactive waste management, fuel availability, and nuclear weapon proliferation issues, and renewable, other than hydropower, have been limited by resource limits, high cost, and intermittency problems. In any case, the later intense cost decreases in the creation of photovoltaics (PV) which makes ready for empowering sun-based innovations to end up cost focused on petroleum energy generation. The target of present work is to evaluate the capability of sun oriented solar power at Chandigarh University, which lastly built up a framework depending on the potential estimations for a picked region of 1050.1416 m2. At the end, cost estimation of SPV is determined to indicate whether it is monetarily practical or not.