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Advanced Dual-Axis Backtracking Improves Output While Reducing Project Costs—Technology That Produces the Best Project Internal Rate of Return in the Solar Industry
- Source :
- Journal of Solar Energy Engineering. 135
- Publication Year :
- 2013
- Publisher :
- ASME International, 2013.
-
Abstract
- This paper reviews the results of 3 years of research and development in optimizing solar project internal rate of return (IRR) through various solar mounting strategies, including fixed-mount, single-axis, and dual-axis tracking. Various tracking algorithms are explored. The results of the research show that shadowing from adjacent photovoltaic (PV) arrays, as well as horizon clouds, significantly impact power output in traditional mounting architectures, but that innovative tracking algorithms and array shape can reduce the negative impact of shadowing. These innovations produce greater power output while reducing project costs and substantially increasing project IRR.
- Subjects :
- Engineering
Renewable Energy, Sustainability and the Environment
Backtracking
business.industry
Photovoltaic system
Energy Engineering and Power Technology
Internal rate of return
Tracking (particle physics)
Solar energy
Automotive engineering
Solar industry
Power output
business
Dual axis
Simulation
Subjects
Details
- ISSN :
- 15288986 and 01996231
- Volume :
- 135
- Database :
- OpenAIRE
- Journal :
- Journal of Solar Energy Engineering
- Accession number :
- edsair.doi...........9b2479c48c3682e644933e402e12bcc7
- Full Text :
- https://doi.org/10.1115/1.4023439