Economic indicators of solar cells

What are the economic indicators for solar PV?

A number of authors have focused on the economic analysis of these support policies for solar PV by using different economic key performance indicators. Net Present Value (NPV), Internal Rate of Return (IRR) and Payback Period (PBP) are the traditional indices used in previous works , , , , , , , .

What is eco-design of solar cells?

The eco-design of solar cells covers different aspects such as the choice of materials, the structure or architecture of the cells, the manufacturing processes of the cells, the end of life treatment of the cells, the recovery or recycle of the materials.

Do solar cells have a life cycle impact?

The initial search on the Science Direct database for LCA and solar cells returned nearly 5000 reviews by April 2023. Although the huge number of review literatures, there is no systematic and statistical review on the life cycle environmental impacts of emerging solar cells, in the context of climate change and material shortage.

What impact do solar cells have on the environment?

It is identified that the majority of existing life cycle assessments on solar cells take into account four typical environmental impacts: energy consumption, greenhouse gas emissions, material depletion, and toxicity.

How does electricity consumption affect solar cells?

In both cases, it obviously connects to the electricity consumption and the emission intensity of the consumed electricity. It was identified that electricity consumption has great impacts on all generations of solar cells, including crystalline silicon, thin film and organic cells.

How does climate affect solar energy development and application?

Specifically, the future power potential will decline up to 8%, and thus the policymakers should incorporate the climate influence on solar energy development and application to minimize power fluctuation. Energy is an important factor in the development of any country or society.