| dc.description.abstract |
Perovskite solar cells can be potential contenders for future photovoltaic technologies due to their high efficiency, affordability, and simple manufacturing process. This study focuses on the techno-economic analysis of local manufacturing of perovskite solar panels in Ethiopia. The total manufacturing costs were found to be $0.29 /wp or $/69.6/m2. The Minimum Sustainable Price was calculated to be $0.38 /wp or $91.2/m2. Using a Monte Carlo simulation, the techno-economic metrics such as Net Present Value, Pay Back Period, Rate of Return, Profitability Index, and Levelized Cost of Energy were evaluated to determine project viability. The analysis showed a positive Net Present Value, a Payback Period of 7 to 8 years, an Internal Rate of Return of about 12 % with its average rate of return greater than the weighted average cost of capital, and a profitability index of 1.22, indicating project viability. The levelized cost of energy was estimated to be $0.019/kWh, which is lower than the selling price of electricity by the Ethiopian electric power authority, suggesting economic viability. |
en_US |