The Way to the Best LCOE Part I: DNV GL Evaluation
Local weather information
In these locations, DNV GL compared the BOS costs and LCOE of the bifacial dual-glass 166mm, 450W module, 182mm, 535W module, and the Vertex bifacial dual-glass 210mm-545W module, based on fixed 100MW AC capacity, with the same DC/AC ratio design at the power station. In terms of system design, the projects adopted a single-row, one portrait mounted, single-axis (1P) tracker, equipped with a string inverter. The ground cover ratio (GCR) is fixed to ensure the consistent shadow occlusions on the bifacial module. Such design aims to maintain control over climate and project design, while objectively comparing merely to impact on costs and LCOE based on a different module. To make the comparison more meaningful, the trackers and inverters used are all mainstream products. The costs of the three tested sytem are based on local costs so that it is consistent, comprehensive and objective when comparing the on-grid tariff as well as the costs of operation and maintenance. Parameters of power station design and 3D simulation diagrams as below:Parameters of the power stations
Assessment results: In the Spanish project site, while compared to the 166mm bifacial dual-glass, 450W module, Trina Solar’s Vertex 210mm bifacial dual-glass 545W can save the initial investment by 2.16 Euro cents per watt, reducing LCOE by about 3%. Compared to the 182mm bifacial dual-glass, 535W module, the initial investment is down by 0.2 Euro cents per watt, reducing LCOE by 0.3%. For the project site in the United States, while compared to the 166mm bifacial dual-glass, 450W module, Trina Solar’s Vertex 210mm bifacial dual-glass 545W can save the initial investment by 4 US cents per watt, reducing LCOE by about 3.9%. Compared to the 182mm bifacial dual-glass, 535W module, the initial investment is down by almost 1 US cents per watt, reducing LCOE by 0.5%.Comparison of estimate costs
Through the comparisons, Trina Solar’s Vertex can significantly reduce costs, LCOE in particular, thanks to its superbly efficient power generation capacity and its low-voltage, highstring power design. On the one hand, the 210mm modules’ 545Wultra-high power can reduce the numbers of modules in the setup. On the other hand, the iconic low-voltage design in Vertex 210mm module can string up more modules with the 1,500V voltage, which can boost the single string power with fewer strings connected. In turn, it can save the material and labor costs of DC cable work, and thus lowering the initial investment. The above calculations match with the existing mainstream 1P trackers. DNV GL further elaborates, “With the further optimization and extension of the tracker length, the 545W Vertex 210mm-Module will save more in BOS cost and LCOE than the other two modules, giving it more edge.” Currently, the 600W+ Alliance and mainstream tracker makers are either developing or launching more optimized trackers for these modules. With the close partnership in the 600W+ Photovoltaic Open Innovation Ecological Alliance members, along with the design mindset of low voltage , high string power, modules, trackers, inverters as well as solutions are all in place. This is a critical step for the photovoltaic industry to reach the best LCOE. In conclusion, Trina’s Vertex 210mm module and its low-voltage high-string power design can significantly save the system’s BOS cost and LCOE. It sets a new cost-saving standard, ultimately ensure the project’s earnings and maximize customer value, making PV solar energy more cost competitive. * For more information about the assessment report on Trina’s Vertex modules, please contact Trina’s local sales representatives. And please follow “The Way to Best LCOE” series. More in "The Way to the Best LCOE" Series