Design and Simulation of 500KW On-Grid Photovoltaic Power System using PV*SOL

Design and Simulation of 500KW On-Grid Photovoltaic Power System using PV*SOL

  IJRES-book-cover  International Journal of Recent Engineering Science (IJRES)          
  
© 2023 by IJRES Journal
Volume-10 Issue-5
Year of Publication : 2023
Authors : Okwe Gerald, Okafor Izuchukwu, Offiah Solomon, N. Okebaram Protus, Akwukwaegbu Isdore,Olubiwe Mathew, Obichere John Kennedy, C. Akujobi Leonard
DOI : 10.14445/23497157/IJRES-V10I5P104

How to Cite?

Okwe Gerald, Okafor Izuchukwu, Offiah Solomon, N. Okebaram Protus, Akwukwaegbu Isdore,Olubiwe Mathew, Obichere John Kennedy, C. Akujobi Leonard, "Design and Simulation of 500KW On-Grid Photovoltaic Power System using PV*SOL," International Journal of Recent Engineering Science, vol. 10, no. 5, pp. 30-38, 2023. Crossref, https://doi.org/10.14445/23497157/IJRES-V10I5P104

Abstract
The intractable and susceptibility of existing fossil fuel-dominated sources of power generation in Nigeria have prompted echelons of studies on renewable energy resources to provide reliable, clean and affordable alternatives to assuage the energy crisis bedeviling the nation. This paper focuses on designing and simulating a 500 kW on-grid photovoltaic power system using PV*SOL “case study of pacesetter FM Umuahia”. The configuration is made up of 38 x PVS300-TL-3300W-2 hybrid inverters, 532x345 W sun power monocrystalline PV modules covering a total surface area of 867.5 m² and KACO new battery energy of 64.44kWh capacity. The system was simulated using PV*SOL, which displayed quite promising results of a specific annual yield of 1,177.03kWh/kWp, a performance ratio of 80.3 % with minimal shading losses of 8.3%/year. It prevented the emission of 129,337 kg of CO2 per year. Additionally, P-V and I-V curves were plotted to provide information on the operating performance of the panels, while aspects of economic analysis, which consist of 18.72 % return on assets and 5.6 years amortization period were equally realized up the implementation of this design in line with the sustainable energy target.

Keywords
Cementation, Degradation, Cash flow hot-spot, Amortization period.

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