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Item Techno-economic assessment of a stand-alone solar photovoltaic system at IUT campus(Department of Mechanical and Production Engineering (MPE),Islamic University of Technology(IUT), Board Bazar, Gazipur, Bangladesh, 2017-11-15) Thani, Soibahadine Mohamed; David, Saidou Mamadou; Abdallah, AbdirazakRenewable energy resource is considered as clean, it can reduce the emission of greenhouse gases (GHGs) which become a big concern around the world. Electricity produced using solar energy which is one of the renewable energy sources, can be an attractive from economic and environmental perspective. This study presents a techno-economic assessment by developing a bottom-up dataintensive spread-sheet-based model. The study estimates the electricity produced by a 96.8kWp stand-alone solar photovoltaic in the south hall residential at Islamic university of technology (IUT) campus. The unit cost of electricity by solar radiation was found to be $0.456/kWh with a net present cost of $267729.42.for the components, batteries were found to be the most expensive of the PV system.
