expected ROI of solar diesel hybrid storage project in Ecuador 2025

What is a hybrid energy system?

A study in eastern India presented a hybrid system with locally available renewable resources, such as solar energy and biomass, and non-renewable sources, such as diesel. To determine the optimal configuration, they used the hybrid optimization model tool for renewable energy (HOMER).

How much energy does a hybrid system produce?

The energy generated by the hybrid system is 35,597 kWh/year, of which 30,490 kWh/year (85.7%) is produced by the solar panels. The diesel generator contributes kWh/year, which corresponds to 11.3%. The biomass generator is of small power and produces kWh/year, which is 3.02% of the total energy.

How is a hybrid energy system optimized?

The optimization and economic evaluation of the hybrid system is achieved using specialized software, resulting in the optimized architecture of the renewable energy system based on the available resources of the locality.

How much solar energy does Guayaquil get a day?

Consumption curve of the inhabitants of Masa 2. The Gulf of Guayaquil is close to the equator and has abundant solar resources; the average daily radiation is 4.58 kWh/m 2 /day. The month with the least radiation is July, with kWh/m 2 /day, while March reaches kWh/m 2 /day, as shown in Figure 2.

How much does a hybrid system cost?

The simulation and optimization phase is solved in parallel, and the hybrid system is implemented in Dschang-Cameroon. The optimal system consists of a 60 kW wind turbine, a 15 kW diesel generator, and a 5.1 kW converter. The initial cost of the system is USD 63,312, and the cost per kWh is USD 60,312.312.

How much does a hybrid inverter cost?

The inverter used is from the renowned manufacturer Fronius (Wels, Austria) Primo 8.2-1. The cost per kW is USD 368, and the replacement cost is similar. The estimated cost for operation and maintenance is USD 10. The technical parameters of all the components that make up the hybrid system are presented in Table 2. 4.3. Results of the Case Study

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