Researchers find agrivoltaics have LCOE of $0.039/kWh, 7-year payback time in India

Indian researchers have compared the performance of an agrivoltaic system to monofacial and bifacial rooftop PV systems, and have found that the agrivoltaics setup had a shorter payback time and lower levelized cost of energy. Their analysis of performance considered panel temperature, power output, land equivalent ratio, and reliability. A group of scientists at the SRM Institute of Science and Technology in India has compared the performance of a small-sized agrivoltaic system with that of a monofacial and a bifacial rooftop PV system, and has found that the agrivoltaic facility had a lower ...

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