Economic aspects and energy performance of the cooled polycrystalline solar photovoltaic technology

Abstract

In this paper the economic aspects of the water spraying cooling technology of polycrystalline solar modules with respect to the effect of temperature on performance was examined. The main purpose of this work was to explore the economic relations of the spraying cooling technology of solar modules. In the study 5 kW PV system for residential customers, 5 kW and 50 kW PV system for business customer were studied. In Hungarian climatic conditions, considering the inflation values used, the interest rate, the annual utilization of the cooling system, the expected profit and the maintenance costs show us that neither of the cooling solutions is capable of better payback time than the reference uncooled solar PV system. The further research goal is to determine the usability of the cooling system in such countries which have on the one hand more ideal climatic conditions, on the other hand more predictable green energy feed regulations.