500 kW

Company

Please enter in Options > User data.

Client
GreenTech

Tirene Albania

Contact Person:
0676038571

Phone: 0676038571

E-Mail: david.mucollari@yahoo.com

Project
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

3D, Grid-connected PV System - Full Feed-in

Climate Data Shkodra (1986 - 2005)
PV Generator Output 501.6 kWp
PV Generator Surface 2,934.4 m²
Number of PV Modules 1520
Number of Inverters 5

PV*SOL premium 7.5 (R4) Page 2 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

The yield
PV Generator Power (AC grid) 639,843 kWh
Spec. Annual Yield 1,275.60 kWh/kWp
Performance Ratio (PR) 77.0 %
Calculation of Shading Losses 0.7 %/year
CO₂ Emissions avoided 383,795 kg / year

Your Gain
Total investment costs 752,400.00 $
Return on Assets 6.90 %
Amortization Period 11.5 Years
Electricity Production Costs $0.06

The results have been calculated with a mathematical model calculation from Valentin Software GmbH (PV*SOL algorithms). The actual yields from the solar power
system may differ as a result of weather variations, the efficiency of the modules and inverter, and other factors.

PV*SOL premium 7.5 (R4) Page 3 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Set-up of the system

Climate Data Shkodra
Type of System 3D, Grid-connected PV System - Full Feed-in

PV Generator Module Area

Name Area South
PV Modules* 1520 x SolTech Albania 330 W (New)
Manufacturer PV*SOL
Inclination 30 °
Orientation South (180 °)
Installation Type Mounted - Open Space
PV Generator Surface 2,934.4 m²

Figure: 3D Design for Area South

Losses

Inverter
Module Area Area South
Inverter 1* 5 x Solar Edge 100kW
Manufacturer SolarEdge 100kW
MPP 1: 3 x 22 | MPP 2: 3 x 22 | MPP 3: 3 x 22 | MPP 4: 3 x 22 |
Configuration
MPP 5: 2 x 20

AC Mains
Number of Phases 3
Mains Voltage (1-phase) 230 V
Displacement Power Factor (cos phi) +/- 1
Power Input Limit as a Percentage of the AC Power 70 %

Cable
Total Loss 0.01 %

* The guarantee provisions of the respective manufacturer apply

PV*SOL premium 7.5 (R4) Page 4 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Simulation Results

PV System
PV Generator Output 501.6 kWp
Spec. Annual Yield 1,275.60 kWh/kWp
Performance Ratio (PR) 77.0 %
Yield Reduction due to Shading 0.7 %/year

Grid Feed-in 639,843 kWh/year

Grid Feed-in in the first year (incl. module degradation) 639,843 kWh/year
Stand-by Consumption 185 kWh/year
CO₂ Emissions avoided 383,795 kg / year

Figure: Production Forecast

PV*SOL premium 7.5 (R4) Page 5 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

PV System Energy Balance

Global radiation - horizontal 1,494.3 kWh/m²

Deviation from standard spectrum -14.94 kWh/m² -1.00 %
Orientation and inclination of the module surface 168.10 kWh/m² 11.36 %
Shading of diffuse radiation by horizon 0.00 kWh/m² 0.00 %
Reflection on the Module Interface -69.16 kWh/m² -4.20 %
Global Radiation at the Module 1,578.3 kWh/m²

1,578.3 kWh/m²
x 2934.36 m²
= 4,631,422.9 kWh

Global PV Radiation 4,631,422.9 kWh

Soiling 0.00 kWh 0.00 %
STC Conversion (Rated Efficiency of Module 17.18 %) -3,835,746.60 kWh -82.82 %
Rated PV Energy 795,676.3 kWh
Module-specific Partial Shading -6,067.90 kWh -0.76 %
Low-light performance -48,192.75 kWh -6.10 %
Deviation from the nominal module temperature -30,065.95 kWh -4.06 %
Diodes -104.12 kWh -0.01 %
Mismatch (Manufacturer Information) -14,224.91 kWh -2.00 %
Mismatch (Configuration/Shading) -954.03 kWh -0.14 %
PV Energy (DC) without inverter regulation 696,066.6 kWh
Regulation on account of the MPP Voltage Range -41.77 kWh -0.01 %
Regulation on account of the max. DC Current 0.00 kWh 0.00 %
Regulation on account of the max. DC Power 0.00 kWh 0.00 %
Regulation on account of the max. AC Power/cos phi -13,440.75 kWh -1.93 %
MPP Matching -121.02 kWh -0.02 %
PV energy (DC) 682,463.1 kWh

Energy at the Inverter Input 682,463.1 kWh

Input voltage deviates from rated voltage -603.14 kWh -0.09 %
DC/AC Conversion -41,952.68 kWh -6.15 %
Stand-by Consumption -184.67 kWh -0.03 %
Total Cable Losses -63.97 kWh -0.01 %
PV energy (AC) minus standby use 639,658.6 kWh
Grid Feed-in 639,843.3 kWh

PV*SOL premium 7.5 (R4) Page 6 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Financial Analysis

System Data
Grid Feed-in in the first year (incl. module degradation) 639,843 kWh
PV Generator Output 501.6 kWp
Start of Operation of the System 2/27/2020
Assessment Period 20 Years

Economic Parameters
Return on Assets 6.90 %
Accrued Cash Flow (Cash Balance) 560,314.29 $
Amortization Period 11.5 Years

Payment Overview
Total investment costs 752,400.00 $
Total investment costs 1,500.00 $/kWp
Incoming Subsidies 0.00 $
One-off Payments 0.00 $
Annual Costs 0.00 $/year
Other Revenue or Savings 0.00 $/year

Remuneration and Savings

Total Payment from Utility in First Year 69,701.59 $
EEG 2015 (Mai) - Gebäudeanlage
Validity 2/27/2020 - 12/31/2040
Specific feed-in / export Remuneration 0.1089 $/kWh
Feed-in / Export Tariff 69,701.59 $/year

PV*SOL premium 7.5 (R4) Page 7 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Figure: Accrued Cash Flow (Cash Balance)

PV*SOL premium 7.5 (R4) Page 8 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Cashflow Table

Position year 1 year 2 year 3 year 4 year 5

Investments ($752,400.00) $0.00 $0.00 $0.00 $0.00
Feed-in / Export Tariff $65,800.45 $68,328.19 $67,651.68 $66,981.86 $66,318.67
Annual Cash Flow ($686,599.55) $68,328.19 $67,651.68 $66,981.86 $66,318.67
Accrued Cash Flow (Cash Balance) ($686,599.55) ($618,271.36) ($550,619.68) ($483,637.82) ($417,319.15)

Position year 6 year 7 year 8 year 9 year 10

Investments $0.00 $0.00 $0.00 $0.00 $0.00
Feed-in / Export Tariff $65,662.05 $65,011.93 $64,368.25 $63,730.94 $63,099.94
Annual Cash Flow $65,662.05 $65,011.93 $64,368.25 $63,730.94 $63,099.94
Accrued Cash Flow (Cash Balance) ($351,657.10) ($286,645.17) ($222,276.93) ($158,545.99) ($95,446.05)

Position year 11 year 12 year 13 year 14 year 15

Investments $0.00 $0.00 $0.00 $0.00 $0.00
Feed-in / Export Tariff $62,475.19 $61,856.62 $61,244.18 $60,637.80 $60,037.43
Annual Cash Flow $62,475.19 $61,856.62 $61,244.18 $60,637.80 $60,037.43
Accrued Cash Flow (Cash Balance) ($32,970.86) $28,885.76 $90,129.94 $150,767.74 $210,805.17

Position year 16 year 17 year 18 year 19 year 20

Investments $0.00 $0.00 $0.00 $0.00 $0.00
Feed-in / Export Tariff $59,443.00 $58,854.45 $58,271.74 $57,694.79 $57,123.55
Annual Cash Flow $59,443.00 $58,854.45 $58,271.74 $57,694.79 $57,123.55
Accrued Cash Flow (Cash Balance) $270,248.17 $329,102.62 $387,374.36 $445,069.14 $502,192.70

Position year 21
Investments $0.00
Feed-in / Export Tariff $58,121.59
Annual Cash Flow $58,121.59
Accrued Cash Flow (Cash Balance) $560,314.29

Degradation and inflation rates are applied on a monthly basis over the entire observation period.
This is done in the first year.

PV*SOL premium 7.5 (R4) Page 9 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

PV Module: SolTech Albania 330 W (New)

Manufacturer PV*SOL
Available Yes

Electrical Data
Cell Type Si monocrystalline
Only Transformer Inverters suitable No
Number of Cells 72
Number of Bypass Diodes 4

Mechanical Data
Width 990 mm
Height 1950 mm
Depth 40 mm
Frame Width 20 mm
Weight 23 kg
Framed Yes

I/V Characteristics at STC

MPP Voltage 38.7 V
MPP Current 8.57 A
Power Rating 330 W
Open Circuit Voltage 47.5 V
Short-Circuit Current 9.5 A
Increase open circuit voltage before stabilisation 0%

I/V Part Load Characteristics (calculated)

Values source Standard (Two-diode Model)
Series resistance Rs 3.987e-03 Ω
Parallel Resistance Rp 0.96 Ω
Saturation Current Parameters Cs1 177.3 A/K³
Saturation Current Parameters Cs2 -1.473e-13 A/K^(2,5)
Photocurrent Parameters C1 8.764e-03 m²/V
Photocurrent Parameters C2 2.6e-06 m²/V
Photocurrent 9.539 A

Further
Voltage Coefficient -123 mV/K
Electricity Coefficient 2.6 mA/K
Output Coefficient -0.4 %/K
Incident Angle Modifier 95 %
Maximum System Voltage 1000 V
Spec. Heat Capacity 920 J/(kg*K)
Absorption Coefficient 70 %
Emissions Coefficient 85 %

PV*SOL premium 7.5 (R4) Page 10 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Inverter: Solar Edge 100kW

Manufacturer SolarEdge 100kW
Available Yes

Electrical Data
DC Power Rating 120 kW
AC Power Rating 100 kW
Max. DC Power 120 kW
Max. AC Power 120 kW
Stand-by Consumption 0.4 W
Night Consumption 10 W
Feed-in from 2W
Max. Input Current 120 A
Max. Input Voltage 1200 V
Nom. DC Voltage 850 V
Number of Feed-in Phases 3
Number of DC Inlets 11
With Transformer Yes
Change in Efficiency when Input Voltage deviates from Rated
0.2 %/100V
Voltage

MPP Tracker
Output Range < 20% of Power Rating 99.9 %
Output Range > 20% of Power Rating 100 %
No. of MPP Trackers 5

Max. Input Current per MPP Tracker 35 A

Max. recommended Input Power per MPP Tracker 26 kW
Min. MPP Voltage 600 V
Max. MPP Voltage 1200 V

PV*SOL premium 7.5 (R4) Page 11 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

PV*SOL premium 7.5 (R4) Page 12 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Module Areas

Figure: Screenshot03

Configuration

Figure: Screenshot02

Shading

PV*SOL premium 7.5 (R4) Page 13 of 14

Valentin Software GmbH
Customer Number: 01
Project Number: 1 Project Designer: David Mucollari
Date of Offer: 3/1/2020 Company: Please enter in Options > User data.
500 kW

Figure: Screenshot04

PV*SOL premium 7.5 (R4) Page 14 of 14

Valentin Software GmbH