{"title":"Comparative Analysis of Bifacial and Monofacial Floating Solar Power Plants: Performance Evaluation and Economic Analysis","authors":"Atul Avasthi, Rachana Garg, Priya Mahajan","doi":"10.1007/s40997-024-00771-0","DOIUrl":null,"url":null,"abstract":"<p>The purpose of this article is to introduce the concept of a bi-facial floating solar photovoltaic plant (FSPV<sub>B</sub>) and evaluate its technological and economic performance in comparison to an established simulated mono-facial floating solar power plant (FSPV<sub>M</sub>). This study evaluates the practicality of floating solar photovoltaic projects in Water Works, Chandigarh, by assessing a 2 MW grid-connected system with a bi-facial PV configuration. The study involves simulating the outcomes of both FSPV<sub>B</sub> and FSPV<sub>M</sub> plants to identify the most efficient design to achieve maximum power output. The performance parameters, i.e. performance ratio, energy production, levelized cost of energy, and payback period of the floating solar PV plant are evaluated using the PVsyst software. The findings demonstrate that the FSPV<sub>B</sub> plant can produce 2887 MWh of energy per year, with a superior performance ratio of 92.90%. Furthermore, the economic analysis indicates that the FSPV<sub>B</sub> plant had a shorter payback period (PBP) of 8.3 years compared to the FSPV<sub>M</sub> plant with a PBP of 12.7 years. Additionally, the FSPV<sub>B</sub> plant has a lower LCOE than the FSPV<sub>M</sub> plant. Hence, the study suggests that the proposed bi-facial floating solar power plant would be better, technologically, economically, and environmentally.</p>","PeriodicalId":49063,"journal":{"name":"Iranian Journal of Science and Technology-Transactions of Mechanical Engineering","volume":null,"pages":null},"PeriodicalIF":1.5000,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Iranian Journal of Science and Technology-Transactions of Mechanical Engineering","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.1007/s40997-024-00771-0","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENGINEERING, MECHANICAL","Score":null,"Total":0}
引用次数: 0
Abstract
The purpose of this article is to introduce the concept of a bi-facial floating solar photovoltaic plant (FSPVB) and evaluate its technological and economic performance in comparison to an established simulated mono-facial floating solar power plant (FSPVM). This study evaluates the practicality of floating solar photovoltaic projects in Water Works, Chandigarh, by assessing a 2 MW grid-connected system with a bi-facial PV configuration. The study involves simulating the outcomes of both FSPVB and FSPVM plants to identify the most efficient design to achieve maximum power output. The performance parameters, i.e. performance ratio, energy production, levelized cost of energy, and payback period of the floating solar PV plant are evaluated using the PVsyst software. The findings demonstrate that the FSPVB plant can produce 2887 MWh of energy per year, with a superior performance ratio of 92.90%. Furthermore, the economic analysis indicates that the FSPVB plant had a shorter payback period (PBP) of 8.3 years compared to the FSPVM plant with a PBP of 12.7 years. Additionally, the FSPVB plant has a lower LCOE than the FSPVM plant. Hence, the study suggests that the proposed bi-facial floating solar power plant would be better, technologically, economically, and environmentally.
期刊介绍:
Transactions of Mechanical Engineering is to foster the growth of scientific research in all branches of mechanical engineering and its related grounds and to provide a medium by means of which the fruits of these researches may be brought to the attentionof the world’s scientific communities. The journal has the focus on the frontier topics in the theoretical, mathematical, numerical, experimental and scientific developments in mechanical engineering as well
as applications of established techniques to new domains in various mechanical engineering disciplines such as: Solid Mechanics, Kinematics, Dynamics Vibration and Control, Fluids Mechanics, Thermodynamics and Heat Transfer, Energy and Environment, Computational Mechanics, Bio Micro and Nano Mechanics and Design and Materials Engineering & Manufacturing.
The editors will welcome papers from all professors and researchers from universities, research centers,
organizations, companies and industries from all over the world in the hope that this will advance the scientific standards of the journal and provide a channel of communication between Iranian Scholars and their colleague in other parts of the world.