Solar Photovoltaic System: A Techno-economic Review

Abstract

The energy of any kind becomes vital to our life, and power production also becomes hazardous for our Eco-system due to its carbon footprint. Therefore, the adoption of renewable energy is the best choice. And of all the renewable energy, solar energy is the best one. Consequently, it is to be adequately exploited to maximize its benefit. The purpose of this study is to bring all kinds of factors into consideration to make possible use. In the present study, a brief tour of the advancement of solar PV (photo-voltaic) technology in chronicle order, efficiency associated with some solar cells, and market brand with their performance are discussed. Also, some critical literature review incorporated with efficiency aspect of a different generation, different PV technology, most usable PV technology like BIPV (Building Integrated Photo-Voltaic), CPV (Concentrated Photo- Voltaic), module temperature technique and economic analysis is addressed and concluded that PCM (phase change material) cooling method is best one among passive cooling methods, first-generation PV technology is still popular, cost of the module should be minimized, recycling of solar waste should emphasize, and government policies must be revived time to time.