Abstract:
Development of Renewable Energy in Bangladesh is an alternative solution for an increasing
of fuel-based energy demand problem. Higher educational institutes may contribute to reducing
the energy consumption by implementing green campus policies which include creating a
medium-scale solar power installation. This work presents the feasibility analysis of
photovoltaic power generation plants development in a Younus khan scholars garden-02
Daffodil International University hostel. In this paper, different off-grid solar rooftop systems
were considered in one of the campuses located in rural area. The methodology applied
provides a useful and simple approach for sizing and analyzing the hybrid systems using
HOMER, an optimization model for renewable energies. This study assesses the potential of a
solar system to electrify a Hostel in Daffodil International University. The solar Optimization
of Multiple Electric Renewables model is used to assess primary data, develop a load profile
and identify the optimal least cost system option for the Hostel. A sensitivity analysis was
performed to determine the effect of variations in solar radiation, diesel price on optimal system
configurations. The results show that a PV system with a combination of photovoltaic array,
converter, battery and diesel generator is the best option from an economic point of view. To
meet the Younus khan scholars garden-02 Daffodil International University daily peak demand
of 151.60 kW, energy generation cost is estimated at 32.21 BDT ($0.380) per kilowatt hour
and net present cost at $1.4M. The optimal system allows for a reduction of 298,450 kg/yr of
carbon dioxide emissions per year compared with diesel-only electricity generation. The
technical viability of the proposed solar energy system is analyzed using HOMER software.
The economic aspects of the plant are analyzed based on standard parameters, the NPC (Net
Present Cost) and IRR (Internal Rate of Return) methods. The simulation studies are carried
out to identify technical and cost-effective configuration. Feasibility study of the Photovoltaic
energy generation was conducted by revealing their potential contributions and applicability’s.
This study gives emphasis to the techno-economic analysis of renovating the energy supply
system of an off grid-connected Daffodil International University hostel building through a
Renewable Energy System. Finally, results of the research can be used as reference for the
relevant stakeholders and policymakers in developing the off-grid- solar PV systems for power
generation in Bangladesh.