principal solar institute pv module ratings to evaluate lifetime energy production

18
Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production Dan Bedell Sr. Director, Principal Solar Institute EVP, Principal Solar Inc. May 8, 2014 Matthew A. Thompson, Ph.D. Executive Director Principal Solar Institute

Upload: rick-borry

Post on 12-Jun-2015

263 views

Category:

Science


1 download

DESCRIPTION

Are you aware that the energy produced over 25 years by PV modules can differ by as much as 50 percent, even though they have the same power rating? How do you know which module to select for your project? Choosing low-cost modules can give the impression that a PV project is at grid parity, but the ultimate metric for investors and consumers must be the long-term cost of energy production. Even so, developers cannot make the mistake of paying too much for the highest efficiency PV modules. In this webinar we will share our analysis of the PV module characteristics that determine Lifetime Energy Production™ and discuss the how the Principal Solar Institute PV Module Ratings can be used to select optimum solar panels for your project. In addition to direct cost-benefit analyses, the PSI PV Module ratings have been used by renewable energy investors in their utility scale solar due diligence process, and by Solarize Frederick County as a mechanism to document installers’ choice of solar system components. You should join us for a free webinar by Dan Bedell and Matthew Thompson of Principal Solar Institute to learn how the PSI PV Module Rating works and how it may be used in your solar project development.

TRANSCRIPT

Page 1: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Principal Solar Institute PV Module Ratings

to Evaluate Lifetime Energy Production

Dan BedellSr. Director, Principal Solar InstituteEVP, Principal Solar Inc. May 8, 2014

Matthew A. Thompson, Ph.D.Executive Director Principal Solar Institute

Page 2: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Principal Solar Institute

Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Dan BedellSr. Director, Principal Solar InstituteEVP, Principal Solar, Inc.

Hosted by Rick Borry, Ph.D.CTO, Principal Solar InstituteCTO, Principal Solar, Inc.

Matthew A. Thompson, Ph.D.Executive DirectorPrincipal Solar Institute

Page 3: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Matthew A. Thompson, Ph.D.Executive Director, Principal Solar Institute

Matthew Thompson is a scientist with 23 years experience in semiconductor process development and yield enhancement at Motorola and at Freescale Semiconductor.

At Motorola's Advanced Process Development Laboratory, he developed vertical gate oxidation processes and equipment. In a collaborative research and development project that included Motorola and IBM, he designed Synchrotron x-ray optics for deep submicron lithography, and supported x-ray mask design. The project culminated with a successful fabrication of fully functional memory chips using x-ray lithography. In another industry research project, Matthew worked with Motorola and Lucent Technologies to develop 200 mm mask manufacturing processes for a novel projection electron beam lithography technique. In addition to these advanced lithography research projects, he developed computer algorithms for Complimentary Phase Shift Masks, leading to volume manufacture of products with 50 nm gates using 248 nm imaging tools. At Freescale Semiconductor, he worked to improve profitability and performance by development and deployment of Design for Manufacturability methodology.

Matthew earned a B.S. in Physics at Texas Tech University, and a Ph. D. in Physics at The University of Texas at Austin. He holds seven patents in areas such as electronic design processing, x-ray mirror design, and advanced e-beam lithography, optical photo mask design and microcircuit pre-failure detection.

Speaker Biography

3

Page 4: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Dan BedellSenior Director, Principal Solar InstituteEVP, Strategic and Corporate Development

Following a lifelong interest in renewable energy, Dan Bedell co-founded Capstone Solar, a think tank for solar professionals to exchange ideas on policy and technology and a platform for peer to peer branding, micro-networking and interactive solar webinars.

Dan previously worked on mergers and acquisitions in the global materials industry, integrating newly acquired businesses into a standard corporate footprint at Lehigh Hanson, Inc. Prior to that, Dan was COO and Director of Business Development for a Dallas-area construction company that was an early entrant into the "green" building market and the rooftop solar installation market. In that capacity, he was an advocate and evangelist for distributed solar generation in the state of Texas. He now brings that same passion for the inevitable mainstream adoption of solar power to Principal Solar.

Dan holds his B.B.A. in Economics from the University of North Texas where he graduated cum laude and spent a semester studying international finance in the UK.

Speaker Biography

4

Page 5: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Overview

What is the difference between power and energy metrics, and why does it matter?

How is the Principal Solar Institute (PSI) PV Module Rating based on Lifetime Energy ProductionTM calculated?

How can modules with the same nameplate wattage have PSI Ratings that differ by 60%?

What are the PSI Ratings of the PV market leaders?

5

Page 6: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Two different metrics for PV modules are both important:

• Price per watt ($/W) – Construction cost. Financing a solar project.• Price per kilowatt hour ($/kWh) – Revenue. Energy is sold to consumers.

Power and Energy Metrics

Power: The rate at which work can be done. Energy: The work that is done during a period of time.

Power metrics are prevalent in articles and discussions about PV modules.

The PSI PV Module Rating is a module energy metric.

6

Page 7: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

The Shelby GT500 has an engine power of 410 kW (550 hp) and a tank that holds 408 kWh of energy.

$135/kW $0.29/kWh

The Shelby is a bargain using the $/W metric…

…but the Tesla costs much less to operate in $/kWh.

The Tesla Model S has a motor power of 310 kW (416 hp) and a battery that holds 85 kWh of energy.

$0.12/kWh$300/kW

Driving Home the PointThe power of a car describes how quickly it can do work, the energy of a tank of gas describes how far it can go.

7

Page 8: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

The $/W metric is not directly affected by module efficiency ...

Land costs increase with area for utility-scale or community solar. Rooftop area constrains energy production for residential solar. Racking and cabling costs increase with area, so module efficiency has a direct impact on Balance of System costs.

... but one module characteristic used in the PSI Rating is “Area Efficiency.”

Even the most efficient PV modules only convert about 20% of sunlight energy...

photo: www.solairedirect.co.za

Efficiency is Important!

8

Page 9: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

... are used to calculate Lifetime Energy ProductionTM

and the PSI Rating.

Seven Essential Characteristics ...

Actual Tested Maximum Power vs. Advertised

Temperature Coefficient at Maximum Power

Low Light Efficiency

Nominal Operating Cell

Temperature (NOCT)

Total Area Efficiency

Negative Power Tolerance

Annual Power

Reduction

Published Characteristics AffectLifetime Energy Production

9

Page 10: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

6:007:45

9:3011:15

13:0014:45

16:3018:15

20:000

100200300400500600700800900

Incident Irradiance

MeasuredCalculated

Time of Day

W/m

2

4344 4364 4384 4404 4424 4444 4464 4484 45040.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

Hourly Temperature 1st Week of July

Hour

Am

bien

t Tem

p C

We use cycles of sunlight and temperature to calculate LEPTM based on how each module’s energy production is affected by the seven key characteristics.

The PSI Rating is then obtained by taking the ratio of module-specific LEP to the total available sunlight energy.

PV Performance Model

10

Page 11: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

4344 4364 4384 4404 4424 4444 4464 4484 45040.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

Hourly Temperature 1st Week of July

Hour

Am

bien

t Tem

p C

We use cycles of sunlight and temperature to calculate LEPTM based on how each module’s energy production is affected by the seven key characteristics.

The PSI Rating is then calculated by taking the ratio of module-specific LEPTM to the total available sunlight energy.

PV Performance Model

6:007:45

9:3011:15

13:0014:45

16:3018:15

20:000

100200300400500600700800900

Incident Irradiance

MeasuredCalculated

Time of Day

W/m

2

11

Page 12: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Ratings Page at Principal Solar Institute

12

Page 13: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Each vertical bar in the chart above is the range of PSI Rating for one manufacturer’s products. Ratings of about 13,000 modules from almost 400 manufacturers are listed in the chart above and on our website.

*GreenTech Media: watts shipped.

*GreenTech Media identifies the top five manufacturers ranked by watts shipped in 2013. Not surprisingly, most of them have high PSI PV Module Ratings.

PV Module Rating: Where Are the Leaders?

13

Page 14: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Module Comparison

Nameplate Power (W)

280

280

280

280

280

290

Manufacturer / Model No.

Ningbo / UL-280D

Trina Solar / TSM-280PA14

CSG PVTech / CSG280M2-36

Suntech / STP280-24/Vd

CentroSolar / SP7 280SW

Schott Solar / ASE-300-DGF/50-290

PSI Rating

9.85

7.49

7.42

7.41

7.04

6.07

kW-h Factor

162%

123%

122%

122%

116%

100%

kW-h Factor

100%

76%

75%

75%

72%

61%

14

Page 15: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Manufacturer / Model NumberNameplate Power (W)

PSI Rating

kW-h Factor

Ningbo / UL-280D 280 9.85 1.62

Trina Solar / TSM-280PA14 280 7.49 1.23

CSG PVTech / CSG280M2-36 280 7.42 1.22

Suntech / STP280-24/Vd 280 7.41 1.22

CentroSolar / SP7 280SW 280 7.04 1.16

Schott Solar / ASE-300-DGF/50-290 290 6.07 1.00

All of these PV modules have about the same Nameplate Power, but a wide range of PSI Rating. The PSI Rating is based on 25 year LEP, and the relative energy production is indicated in the last column. The Schott PV would have to be available at about 60% of the Ningbo price to be more cost-effective. (6.07 / 9.85 = 0.61)

Module Comparison

15

Page 16: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Manufacturer / Model Number *Price per WattNingbo / UL-280D $0.65

Trina Solar / TSM-280PA14 $0.71

CSG PVTech / CSG280M2-36 $0.65

Suntech / STP280-24/Vd $0.60

CentroSolar / SP7 280SW $0.65

Schott Solar / ASE-300-DGF/50-290 $0.68

*Pricing data provided by Paula Mints, SPV Market Research

Module Comparison

16

Page 17: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

The PSI Rating is:– Unbiased and calculated based on published data– Proportional to Lifetime Energy ProductionTM

– Aware of module efficiency– Simple, with tabulated values – Useful for cost-benefit analysis– Ideal for documenting bids, financial discussions– Available free on PSI website

Summary

17

Page 18: Principal Solar Institute PV Module Ratings to Evaluate Lifetime Energy Production

Dan BedellSr. Director, Principal Solar InstituteEVP, Principal Solar, [email protected]

Please enter your questions in the chat window

Matthew A. Thompson, Ph.D.Executive DirectorPrincipal Solar [email protected]

Question and Answer…

www.principalsolarinstitute.org