Performance evaluation and economical analysis of three photovoltaic systems installed in an institutional building in Errachidia, Morocco
Abstract
A study was conducted in order to evaluate the performance and the Economic analysis of three photovoltaic system connected to the grid (5.94 kWp) in Errachidia city in Morocco. Several parameters of the PV systems design were evaluated such as the total energy generated, final yield, reference yield, performance ratio, capacity factor and monthly system efficiency. The economic input of the three systems was determined based on economic return of electricity generation. The highest values in terms of daily final yield (YF = 5.26 h/day), performance ratio (PR = 82 %), capacity factor (CF = 21.93 %), levelized cost of electricity (LCOE = 0.068 €/kWh) and payback time (PB = 12), were recorded by pc-Si solar module. Therefore, this PV system technology could be recommended in the future research projects in Morocco. © 2018 The Authors. Published by Elsevier Ltd.