Professional Documents
Culture Documents
in Afghanistan
Speaker:
Instructor:
https://iets.spbstu.ru/ Professor – Титов Александр Борисович
1 Background Information
Finding space for industrial-scale solar power arrays is a challenge for many countries aiming to significantly scale
up renewable power capacity to meet net-zero carbon emissions targets. As a result, floating solar panel system
use is increasing.
Floating solar power plants are mainly solar panels mounted on floating structures such as rafts, pontoons or
barges, then placed in bodies of water such as lakes, reservoirs or even the sea.
Utilize un used space, since the water surface is free
Enhanced efficiency (15%) compare to land surface solar plant due to natural water cooling of the PV cell.
Reduce evaporation of water,
Easy to integrate with the existing power grid of hydro power plant.
floating PV
Meteo Station
Measuring atmospheric
conditions to provide The floating PV System Three-phase inverter 100KW
information for weather The floating PV structure is expected to be of It should be of the outdoor type
forecasts and to study the medium or high density polyethylene (MDPE or and adapted to the temperatures
weather and climate. HDPE). It should be designed for 25 years and and climate of the site.
withstand temperatures of -10ºC to 50ºC. It should
take in consideration the water of the lake, sustain
waves of at least 1 m and allow O&M Servicing.
7 Main Components of the System
Anchoring solution
The anchoring should be done through cement/concrete dead
weights in the bottom of the lake
Electrical cables
The electrical cables will be UV protected and will not be
submersed, but kept on top of the PV floating structure for the
DC cables and floating in a duct to the shore for the AC cables.
The cables should be protected from the water and also endure
the expected humidity.
9 Solar Tracking System
“Track” the sun throughout the day to increase the amount of solar power they can generate, either mounted
on a single-axis or dual-axis tracker.
Combining floating and solar tracking technologies 40% more productive than comparable static installations
on land.
According to a study published in 2022, tracking solar panels can output between 10% and 60% more energy
than a fixed system. While this range is highly dependent on property location, time of day, and single vs. dual-
axis systems, most sources estimate that sun-tracking solar panels output between 30% and 40% more power
each year than a fixed installation.
10 ECONOMIC AND FINANCIAL ANALYSIS
The estimated cost of the plant Supply, Construction and Installation works
№ Investing Plan for the Floating PV Plant (100kw) Projection Plan(Investing Period)
1 Procurement of Goods and Supply of Plant Equipment(CIP) $100,000.00 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24
$ $
1.1 PV Modules $30,000.00
3,000.00 27,000.00
$ $
1.2 Inverters $6,000.00
600.00 5,400.00
$ $
1.3 Floating Structure (m2) $600.00
60.00 540.00
$ Delivery
1.4 Anchors (1 ton each) $300.00
300.00 Only
Oil immersed transformer (20 -15/0.4kV, 50Hz, Dyn5- 200kVA) for indoor $ $
1.5 $4,961.34
installation ONAN 3 phase impedance voltage 4% 496.13 4,465.21
$ $ $ $ $ $ $
1.6 Civil materials $36,000.00
3,600.00 7,200.00 7,200.00 7,200.00 3,600.00 3,600.00 3,600.00
$ $ $ $
1.7 Other Accessories including cable, clamp, cable lugs… $22,138.66
11,069.33 6,641.60 2,213.87 2,213.87
2 Constrution and Installation Works $120,000.00
$ $
2.1 - Mobilization at the Site $20,000.00
10,000.00 10,000.00
$ $ $ $ $ $ $ $ $ $ $
2.2 - Delivery of machinary and goods to the site $10,000.00
1,000.00 1,500.00 1,500.00 1,500.00 1,000.00 1,000.00 500.00 500.00 500.00 700.00 300.00
$
2.3 Test and Commessioning $5,000.00
5,000.00
$
2.4 - Demobilization $2,000.00
2,000.00
$ $ $ $ $ $ $ $ $ $ $ $
2.5 Satff Salary(Engineers, Skilled and none Skilled labors…) $60,000.00
4,800.00 4,800.00 4,800.00 4,800.00 4,800.00 6,000.00 6,000.00 4,800.00 4,800.00 4,800.00 4,800.00 4,800.00
$ $ $ $ $ $ $ $ $ $ $ $
2.6 - Other Expenses $23,000.00
2,300.00 3,450.00 1,840.00 1,840.00 1,840.00 1,840.00 1,840.00 1,840.00 1,840.00 1,840.00 2,070.00 460.00
$ $ $ $ $ $ $ $ $ $ $ $
2.7 Total Sum(Cash Received as Loan from ADB) $220,000.00
21,196.13 22,850.00 15,700.00 15,340.00 15,340.00 12,440.00 12,440.00 21,809.33 13,781.60 46,759.07 9,783.87 12,560.00
2.8 VAT tax $4,400.00
2.9 Net Cash Used $215,600.00
11 ECONOMIC AND FINANCIAL ANALYSIS
The Initial cost of plant and all equipment will be financed with a loan from Asian Development Bank.
The project construction period is 1 year(2024)
Financial Analysis
CAPEX (without Solar Tracking System) $ 220,000.00
№Component\Period(years) 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
OPERATING ACTIVITIES
+ Cash received from
selling electricity 0 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400
(revenue)
- cash paid for cleaning 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200
- cash paid for
replacement or repair of 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
PV
- cash paid to employees 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000 4000
(salary)
- salary tax 160 160 160 160 160 160 160 160 160 160 160 160 160 160 160
- profit tax (4%) 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690 1690
Net cash used in
operating activities 0 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550
INVESTING ACTIVITIES
Net cash used in investing - 220
activities 000,00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
FINANCING ACTIVITIES
Inflow 0 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400 48400
out flow -220000 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850 -7850
bigning cash flow -220000 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550
Ending Cash Balance -220000 -179450 -138899 -98349 -57798 -17248 23302 63853 104403 144954 185504 226054 266605 307155 347706 388256
13 EVALUATING THE FEASIBILITY OF INVESTMENT, (US DOLLAR)
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Period
2024 2025 2026 2027 2028
2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
Payback Period without -
discount rate -220000 -179450 -138900 -98350 -57800 17250 23300 63850 104400 144950 185500 226050 266600 307150 347700 388250
FCF(nocf+IC) -220000 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550 40550
Discounting
Multiplier 1/(1+r)^t 1,00 0,95 0,91 0,86 0,82 0,78 0,75 0,71 0,68 0,64 0,61 0,58 0,56 0,53 0,51 0,48
Discounted FCF
-220000 38619 36780 35029 33361 31772 30259 28818 27446 26139 24894 23709 22580 21505 20481 19505
Accomulated value of discounted - -
FCF(NPV) -220000 -181381 -144600 -109571 -76210 44438 14179 14640 42086 68225 93119 116828 139408 160913 181394 200899
200000
on the forecast horizon under consideration (15
100000 years).
-300000
14 NPV DEPENDENCE ON THE DISCOUNT RATE ($)
600000.00
accepted 200000.00
0.00
0% 5% 10% 15% 20% 25%
-200000.00
-400000.00
-600000.00
15 SWAT Analysis
300000
NPV=$22781>0; in the 6th year
200000
PI=, PI>1
100000
NPV
-200000
2000000.00 IRR>r
8%>5%
The Project is accepted
1500000.00
1000000.00 NPV=$22781>0;
PI=3,7 , PI>1
500000.00
on the forecast horizon under
consideration (15 years).
0.00
0% 5% 10% 15% 20% 25%
-500000.00
18 PRIMARY INFORMATION OF THE SCENARIO ANALYSIS, (US DOLLAR)
Cleaning of the
Panel 3 600,0 3 000,0 2 400,0
Replacement or
repair of PV 32 400,0 27 000,0 21 600,0
30,000.00
25,000.00
20,000.00
15,000.00
2. The initial design doesn’t not give the required IRR greater than the discount rate, so for recovering
investment cost we have to add automatic solar tracking system to improve the system efficiency
by 20 percent. The IRR=8% has been achieved, which is bigger than discount factor of 5%.
3. At the selected discount rate of 5% , for initial design, main project indicators are as follows:
NPV=14640 $, PI=1,5, IRR=4%, DPP=6 years. So the project is not accepted.
4. At the selected discount rate of 5% , for improved design (adding Solar tracking system), main
project indicators are as follows: NPV=22781 $, PI=3,7, IRR=8%, DPP=5 years. So the project
may be accepted.
5. The results of the sensitivity evaluation shows that the greatest threat for the project is a possible
decrease in the professional personal, so the increased number and professional personal
strengthen the over all management of the project and contribute to the maximum out put of the
plant.
6. The efficiency of the plant can be increased with installation of the Solar Tracking System.
THANK YOU FOR ATTENTION