Technical Economic Analysis of the Installation of A Photovoltaic System in the Municipality of Moa

Abstract

Summary In this work, an economic technical analysis of the implementation of a photovoltaic system to supply a group of 6 offices in the town of Moa is carried out. The study is carried out with the support of the calculation tool PVSyst and using the criteria Net Present Value, Internal Rate of Return and Recovery Period for the economic evaluation. The results indicated that the installation can generate 391,419MWh/a. The Net Present Value resulted from321423.54 USD, while the Internal Rate of Return was 14.64%, higher than the imposed rate of 12%. On the other hand, the Recovery Period of the investment was 6.09 years. The economic evaluation criteria indicate that the variant can be accepted, since it offers income during its useful life..