A Study of Techno-Economic Feasibility Analysis of Solar Photovoltaic (PV) Power Generation in the Province of Adana in Turkey

Abstract

In this study, the examination of techno-economic feasibility analysis of a solar photovoltaic (PV) power generation were carried out by taken into account a PV power plant that has the capacity of 100 kWe as an example, in the province of Adana, Turkey. For this purpose, the technical characteristics of the PV array, the amount of electricity production, the cost of electricity production, investment and operating costs, payback periods and the amount of CO2 emissions reduction were determined for the solar PV plant. By using the total area of 653.4 m2 PV cell, total 135,403 MWh of electricity was produced in the power plant. To this end, total 5 units of PV arrays were required with the surface area of 130.7 m2 each. In this case, the system efficiency was determined as 12.2%, the annual specific efficiency of the system was 1,352 kWh/kW and the amount of CO2 emissions reduction was obtained as 119,830 Mg/year. The payback period of the system was 7.8 years and the electricity production cost was 0.1400 TL (Turkish Liras)/kWh, respectively.