Withan intention to reduce dependency on fossil fuels, the electricity generationgovernment of Bangladesh has initiated the plan to set grid tied solar basedpower generation projects in the government owned non-agricultural lands of thecountry. Power generated from the solar park will be directly feed into thegrid on commercial basis. Two types of lands have been targeted for the solarparks, those that are owned by the government but are not being used foragricultural production and the other is the private lands owned by privateinvestors.
Higher educational institutions and universities having a lot offree areas can play an important role for the purpose of decreasing theconventional energy consumptions and the amount of greenhouse gas emissions.Moreover, the good news is that the costs for solar panels are expected tocontinue to drop 41. This paper presents an analysis of feasibility of a 1.2MW PV power plant for Hajee Mohammad Danesh Science and Technology Universityfor the purpose of being self-sufficient in terms of energy requirements. Thisstudy has analyzed the technical and financial performances of the proposed PVplant by conducting a detailed experiment using PVsyst and SAM software.
The PVplant is expected to generate an amount about 1.8-2.0 GWh clean and greenenergy per year based on the simulation results of SAM and PVsyst softwares. Byimplementing this plant, the university can save more than 1.1-3.0 million US $over the lifetime of 25 years. The investment cost of the plant is found to be1.
27 US $ per watt of capacity of the plant. The payback period of theinvestment for the PV plant is found to be 8.45-9.2 years. The PV plant canreduce 26818 tons of CO2 inits lifetime, which is an effective figure of mollification of greenhouse gasemissions.
The solar system has a limited lifetime of 25 years and however, theproposed capacity of 1.2 MW can be extended in the future as the university hasenough land area available for accomplishment of the plant. The proposed solar plantcan be an initiative for the university to support current Bangladeshgovernment’s target of achieving 2000 MW of energy production from therenewable energy sources by 2020. Further research will be done on the proposedsolar power system to increase the accurateness and predictability of thesoftwares with using field data of solar power system.