Next Article in Journal
A Compact Slotted UWB Antenna Based on Characteristics Mode Theory for Wireless Applications
Next Article in Special Issue
Mapping the Potential of Zero-Energy Building in Greece Using Roof Photovoltaics
Previous Article in Journal
A Deep Learning Approach for Securing IoT Infrastructure with Emphasis on Smart Vertical Networks
Previous Article in Special Issue
Toward Positive Energy Districts by Urban–Industrial Energy Exchange
 
 
Search for Articles:
Title / Keyword
Author / Affiliation / Email
Journal
Article Type
 
 
Advanced Search
 
Section
Special Issue
Volume
Issue
Number
Page
 
Journals
Designs
Volume 7
Issue 6
10.3390/designs7060140
designs-logo
Submit to this Journal Review for this Journal Propose a Special Issue
► Article Menu

Article Menu

share Share announcement Help format_quote Cite question_answer Discuss in SciProfiles
first_page
settings
Order Article Reprints
Font Type:
Arial Georgia Verdana
Font Size:
Aa Aa Aa
Line Spacing:
Column Width:
Background:
Article

Techno-Economic Feasibility Study of a 1.5 MW Grid-Connected Solar Power Plant in Bangladesh

by
Md. Feroz Ali
1,*,
Nitai Kumar Sarker
1,
Md. Alamgir Hossain
2,
Md. Shafiul Alam
3,
Ashraf Hossain Sanvi
1 and
Syed Ibn Syam Sifat
1
1
Department of Electrical and Electronic Engineering, Pabna University of Science and Technology, Pabna 6600, Bangladesh
2
Queensland Micro- and Nanotechnology Centre (QMNC), Griffith University, Nathan, QLD 4111, Australia
3
Applied Research Center for Environment and Marine Studies, King Fahd University of Petroleum & Minerals (KFUPM), Dhahran 31261, Saudi Arabia
*
Author to whom correspondence should be addressed.
Designs 2023, 7(6), 140; https://doi.org/10.3390/designs7060140
Submission received: 16 October 2023 / Revised: 3 December 2023 / Accepted: 4 December 2023 / Published: 7 December 2023
(This article belongs to the Special Issue Design and Applications of Positive Energy Districts)
Browse Figures
Versions Notes

Abstract

This study addresses the pressing energy constraints in nations like Bangladesh by proposing the implementation of photovoltaic (PV) microgrids. Given concerns about environmental degradation, limited fossil fuel reserves, and volatile product costs, renewable energy sources are gaining momentum globally. Our research focuses on a grid-connected solar PV system model at Char Jazira, Lalpur, Natore, Rajshahi, Bangladesh. Through PVsyst 7.1 simulation software, we assess the performance ratio (PR) and system losses, revealing an annual solar energy potential of 3375 MWh at standard test condition (STC) efficiency. After considering losses, the system generates 2815.2 MWh annually, with 2774 MWh exported to the grid. We analyze an average PR of 78.63% and calculate a levelized cost of energy (LCOE) of 2.82 BDT/kWh [1 USD = 110 BDT]. The financial assessment indicates a cost-effective LCOE for the grid-connected PV system, with an annual gross income of 27,744 kBDT from selling energy to the grid and operating costs of 64,060.60 BDT/year. Remarkably, this initiative can prevent 37,647.82 tCO2 emissions over the project’s 25-year lifespan.
Keywords: carbon footprint; performance ratio; photovoltaic array system; PVsyst software; panel orientation; levelized cost of electricity/energy (LCOE); payback period; return on investment (ROI); cost-effectiveness; project lifespan carbon footprint; performance ratio; photovoltaic array system; PVsyst software; panel orientation; levelized cost of electricity/energy (LCOE); payback period; return on investment (ROI); cost-effectiveness; project lifespan

Share and Cite

MDPI and ACS Style

Ali, M.F.; Sarker, N.K.; Hossain, M.A.; Alam, M.S.; Sanvi, A.H.; Syam Sifat, S.I. Techno-Economic Feasibility Study of a 1.5 MW Grid-Connected Solar Power Plant in Bangladesh. Designs 2023, 7, 140. https://doi.org/10.3390/designs7060140

AMA Style

Ali MF, Sarker NK, Hossain MA, Alam MS, Sanvi AH, Syam Sifat SI. Techno-Economic Feasibility Study of a 1.5 MW Grid-Connected Solar Power Plant in Bangladesh. Designs. 2023; 7(6):140. https://doi.org/10.3390/designs7060140

Chicago/Turabian Style

Ali, Md. Feroz, Nitai Kumar Sarker, Md. Alamgir Hossain, Md. Shafiul Alam, Ashraf Hossain Sanvi, and Syed Ibn Syam Sifat. 2023. "Techno-Economic Feasibility Study of a 1.5 MW Grid-Connected Solar Power Plant in Bangladesh" Designs 7, no. 6: 140. https://doi.org/10.3390/designs7060140

APA Style

Ali, M. F., Sarker, N. K., Hossain, M. A., Alam, M. S., Sanvi, A. H., & Syam Sifat, S. I. (2023). Techno-Economic Feasibility Study of a 1.5 MW Grid-Connected Solar Power Plant in Bangladesh. Designs, 7(6), 140. https://doi.org/10.3390/designs7060140

Article Metrics

Back to TopTop