Ahmad Sayil Hamad

AL-Najah University

Power plant - Photovoltaic

:Prepared for :Prepared by

Ahmad Sayil Hamad Dr.Haitham Sawalha

RETScreen Expert - Clean Energy Management SoftwareDraft report - 2020-03-30

Subscriber: An Najah National University - Educational Use Only
 Executive summary
This report was prepared using the RETScreen Clean Energy Management Software. The key findings
and recommendations of this analysis are presented below:

Target

Electricity exported to Electricity export GHG emission

grid revenue reduction
MWh $ tCO₂
Proposed case 59.4 16,105 43.2

The main results are as follows:

Cash flow - Cumulative

Disclaimer: This report is distributed for informational purposes only and does not necessarily reflect the views of the Government of
Canada nor constitute an endorsement of any commercial product or person. Neither Canada nor its ministers, officers, employees
or agents make any warranty in respect to this report or assumes any liability arising out of this report.

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 Location | Climate data
Location

Legend
Facility location

Climate data location

Unit Climate data location Facility location

Name Israel - Jerusalem Airport West Bank - East Jerusalem

Latitude N˚ 31.9 31.9
Longitude E˚ 35.2 35.2
Climate zone 4B - Mixed - Dry 4B - Mixed - Dry
Elevation m 759 768

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 Climate data

Heating design temperature 2.0

Cooling design temperature 31.2
Earth temperature amplitude 23.1

Daily solar
Air Relative Atmospheric Earth Heating Cooling
Month temperature humidity
Precipitation - radiation
pressure
Wind speed
temperature degree-days degree-days
horizontal
C° % mm kWh/m²/d kPa m/s C° C-d° C-d°
January 7.7 %76.1 56.42 3.37 98.8 3.2 10.6 319 0
February 8.2 %73.4 49.28 4.20 98.6 3.5 11.6 274 0
March 10.4 %70.8 32.86 5.30 98.5 3.7 14.6 236 12
April 15.1 %58.6 11.70 6.81 98.3 3.4 19.0 87 153
May 19.1 %53.6 2.79 7.83 98.2 3.6 24.0 0 282
June 21.4 %56.0 0.30 8.57 98.0 4.2 27.9 0 342
July 23.1 %59.5 0.00 8.40 97.8 4.5 29.9 0 406
August 23.1 %64.4 0.62 7.85 97.8 4.1 30.1 0 406
September 21.8 %64.8 0.90 6.73 98.2 3.6 27.9 0 354
October 19.1 %63.5 11.16 5.28 98.4 2.8 24.0 0 282
November 14.1 %66.7 29.70 3.74 98.6 2.8 17.6 117 123
December 9.7 %73.5 45.26 3.05 98.8 2.7 12.5 257 0
Annual 16.1 %65.0 240.99 5.94 98.3 3.5 20.9 1,291 2,361

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 Benchmark

Energy production cost - Central-grid - Range ($/kWh)

Benchmark: 0.27 $/kWh

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 Power plant
Photovoltaic

Photovoltaic
Capacity 36 kW
Electricity 59.4 MWh

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 Target
Summary

Electricity exported to Electricity export GHG emission

grid revenue reduction
MWh $ tCO₂
Proposed case 59.4 16,105 43.2

Subscriber: An Najah National University - Educational Use Only

 GHG emission

GHG emission

GHG equivalence

tCO₂ is equivalent to 7.9 43.2

Cars & light trucks not used

GHG emission

Base case 46.4 tCO₂

Proposed case 3.2 tCO₂

Gross annual GHG emission reduction 43.2 tCO₂

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 Financial viability
Financial parameters
Inflation rate % %2
Project life yr 25

Costs | Savings | Revenue

Initial costs
Feasibility study %0.98 $ 1,000
Development %1.5 $ 1,500
Engineering %2 $ 2,000
Power system %95.6 $ 97,200

Total initial costs %100 $ 101,700

Incentives and grants $ 12,000

Yearly cash flows - Year 1

Annual costs and debt payments

O&M $ 1,152
Debt payments $ 0

Total annual costs $ 1,152

Annual savings and revenue

Electricity export revenue $ 16,105
GHG reduction revenue - 20 yrs $ 2,539
Other revenue (cost) $ 0
CE production revenue $ 0

Total annual savings and revenue $ 18,644

Net yearly cash flow - Year 1 $ 17,492

Periodic costs (credits)

Periodic costs - 8 yrs $ 12,000
User-defined - 16 yrs $ 12,000

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 Financial viability

Pre-tax IRR - assets % %20.5

Simple payback yr 5.1
Equity payback yr 4.8

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 Cash flow

Annual

Cumulative

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 Yearly cash flows

Year Pre-tax Cumulative

# $ $
0 89,700- 89,700-
1 17,842 71,858-
2 18,199 53,659-
3 18,563 35,096-
4 18,934 16,162-
5 19,313 3,150
6 19,699 22,849
7 20,093 42,942
8 6,435 49,377
9 20,905 70,282
10 21,323 91,605
11 21,749 113,354
12 22,184 135,538
13 22,628 158,166
14 23,081 181,247
15 23,542 204,789
16 8,934- 195,855
17 24,493 220,348
18 24,983 245,331
19 25,483 270,814
20 25,992 296,806
21 22,664 319,471
22 23,118 342,588
23 23,580 366,168
24 4,750 370,918
25 24,533 395,451

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 Risk

Impact

Distribution

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 Perform analysis on Equity payback
Number of combinations 500
Random seed No

Parameter Unit Value (-/+) Range Minimum Maximum

Initial costs $ 101,700 %25 76,275 127,125
O&M $ 1,152 %25 864 1,440
Electricity exported to
MWh 59.43 %25 44.57 74.29
grid
Electricity export rate MWh/$ 271.00 %25 203.25 338.75
- Net GHG reduction
tCO₂ 846 %25 635 1,058
credit duration
GHG reduction credit
tCO₂/$ 60.00 %25 45.00 75.00
rate

Median yr 4.8
Level of risk % %10
Minimum within level of confidence yr 3.9
Maximum within level of confidence yr 6

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 Analysis type

Project life

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