The Global Solar Photovoltaic Supply Chain and Bottom-UP Cost Model Results
NREL's Solar + Storage Technoeconomic Analysis Portfolio
Bottom-Up Component Cost Models
Modules
Crystalline Silicon
Thin-Film
System Capital Cost Models ($)
Storage
PV Systems
Batteries
Solar Fuels
PV Plus Storage
Illustration by Al Hicks, NREL
Photo from iStock, 1033236964
Photo by Dennis Schroeder, NREL 56318
Photo from iStock, 932140864
Photo by Dennis Schroeder, NREL 60073
Solar and Storage Project Pro Forma Analysis
Levelized Cost of Electricity (LCOE) Metric
Any applicable incentives
FIT or PPA Revenues
Photo from iStock, 1128871378
Internal Rate of Return (IRR) Metric
Residual Value (+/-)
+
Years
Any preventative and routine O&M,
including asset management
Upfront Capital Cost for System Installation
Any corrective O&M including battery and inverter replacements
and unplanned weather-related events
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