11MW_Project.VC0-Report
11MW_Project.VC0-Report
PVsyst DEMO
PVsyst - Simulation report
Grid-Connected System
PVsyst DEMO
PVsyst DEMO
Author
PVsyst DEMO
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Project summary
Geographical Site Situation Project settings
Ghorahi Latitude 28.04 °N Albedo 0.20
Nepal Longitude 82.49 °E
Altitude 677 m
Time zone UTC+5.8
Weather data
Ghorahi
Meteonorm 8.2 (1991-2000), Sat=100% - Synthetic
System summary
PVsyst DEMO
Grid-Connected System No 3D scene defined, no shadings
Simulation for year no 10
System information
PV Array Inverters
Nb. of modules 16920 units Nb. of units 4 units
Pnom total 11.00 MWp Pnom total 10.67 MWac
Pnom ratio 1.031
Results summary
Produced Energy 15831 MWh/year Specific production 1439 kWh/kWp/year Perf. Ratio PR 79.14 %
PVsyst DEMO
Project and results summary
General parameters, PV Array Characteristics, System losses
Horizon definition
Main results
Table of contents
2
3
5
6
Loss diagram 7
Predef. graphs 8
P50 - P90 evaluation 9
Single-line diagram 10
Cost of the system 11
Financial analysis 13
CO₂ Emission Balance 16
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 2/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
General parameters
Grid-Connected System No 3D scene defined, no shadings
PV Array Characteristics
PVsyst DEMO
PV module Inverter
Manufacturer Risen Solar Manufacturer SMA
Model RSM132-8-650BMDG Model Sunny Central 2660 UP
(Original PVsyst database) (Original PVsyst database)
Unit Nom. Power 650 Wp Unit Nom. Power 2667 kWac
Number of PV modules 16920 units Number of inverters 4 units
Nominal (STC) 11.00 MWp Total power 10668 kWac
Modules 564 string x 30 In series Operating voltage 880-1325 V
At operating cond. (50°C) Pnom ratio (DC:AC) 1.03
Pmpp 10.06 MWp
U mpp 1033 V
I mpp 9741 A
PVsyst DEMO
Total
Module area
Cell area
Array losses
Thermal Loss factor
Number of inverters
Pnom ratio
DC wiring losses
4 units
1.03
Loss Fraction 3.0 % Module temperature according to irradiance Global array res. 1.7 mΩ
Uc (const) 29.0 W/m²K Loss Fraction 1.5 % at STC
Uv (wind) 0.0 W/m²K/m/s
LID - Light Induced Degradation Module Quality Loss Module mismatch losses
Loss Fraction 1.6 % Loss Fraction -0.8 % Loss Fraction 2.0 % at MPP
PVsyst DEMO
Loss Fraction 0.2 % Year no 10
Loss factor 0.4 %/year
Imp / Vmp contributions 80% / 20%
Mismatch due to degradation
Imp RMS dispersion 0.4 %/year
Vmp RMS dispersion 0.4 %/year
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 3/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Array losses
Spectral correction
FirstSolar model
Precipitable water estimated from relative humidity
Coefficient Set C0 C1 C2 C3 C4 C5
Monocrystalline Si 0.85914 -0.02088 -0.0058853 0.12029 0.026814 -0.001781
System losses
Unavailability of the system Auxiliaries loss
PVsyst DEMO
Time fraction 2.0 %
7.3 days,
3 periods
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 4/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Horizon definition
Horizon from Meteonorm web service, Lat=28°2'35", Long=82°29'10"
Horizon profile
Azimuth [°] -175 -171 -160 -157 -150 -148 -146 -144 -135 -122 -120 -116 -114 -108
Height [°] 6.0 7.0 6.0 5.0 7.0 7.0 8.0 9.0 8.0 6.0 6.0 5.0 6.0 7.0
Azimuth [°] -104 -99 -97 -95 -93 -80 -74 -69 -67 -65 -57 -55 -48 -47
Height [°] 7.0 6.0 7.0 7.0 6.0 6.0 5.0 6.0 5.0 5.0 3.0 2.0 2.0 1.0
Azimuth [°] -35 -33 -8 -3 -1 2 18 25 37 39 67 75 77 85
PVsyst DEMO
Height [°] 1.0 1.0 0.0 1.0 0.0 1.0 2.0 1.0 1.0 2.0 1.0 0.0 1.0 1.0
Azimuth [°] 124 126 130 132 138 141 151 155 164 169 171 173 176 179
Height [°] 0.0 0.0 1.0 1.0 2.0 3.0 4.0 5.0 4.0 5.0 4.0 4.0 5.0 6.0
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 5/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Main results
System Production
Produced Energy 15831 MWh/year Specific production 1439 kWh/kWp/year
Perf. Ratio PR 79.14 %
Economic evaluation
Investment Yearly cost LCOE
Global 434,261,500.00 NPR Annuities 28,246,326.43 NPR/yr Energy cost 3.63 NPR/kWh
Specific 39.5 NPR/Wp Run. costs 142,081,842.30 NPR/yr
Payback period 11.3 years
PVsyst DEMO
Balances and main results
PVsyst DEMO
GlobHor DiffHor T_Amb GlobInc GlobEff EArray E_Grid PR
kWh/m² kWh/m² °C kWh/m² kWh/m² MWh MWh ratio
January 101.8 39.97 11.25 141.7 135.3 1324 1224 0.785
February 114.4 48.12 16.02 143.9 136.6 1303 1282 0.810
March 167.6 64.57 21.73 191.5 181.9 1689 1663 0.789
April 175.7 79.80 26.65 176.5 167.1 1522 1498 0.772
May 179.2 88.90 28.51 166.5 157.1 1430 1408 0.769
June 148.1 90.24 28.14 132.6 124.7 1147 1128 0.774
July 135.7 85.71 26.77 122.4 114.8 1068 1051 0.781
August 136.2 80.26 26.55 131.0 123.5 1146 1128 0.783
September 133.3 70.30 25.61 141.9 134.1 1249 1229 0.788
October 131.4 64.07 23.34 157.1 149.5 1402 1380 0.799
November 113.6 45.31 18.09 156.8 149.0 1429 1406 0.815
December 106.3 37.45 13.13 157.1 149.6 1459 1435 0.831
PVsyst DEMO
Year 1643.3 794.71 22.17 1819.0 1723.3 16168 15831 0.791
Legends
GlobHor Global horizontal irradiation EArray Effective energy at the output of the array
DiffHor Horizontal diffuse irradiation E_Grid Energy injected into grid
T_Amb Ambient Temperature PR Performance Ratio
GlobInc Global incident in coll. plane
GlobEff Effective Global, corr. for IAM and shadings
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 6/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Loss diagram
1643 kWh/m² Global horizontal irradiation
+10.7% Global incident in coll. plane
PVsyst DEMO
efficiency at STC = 20.93% PV conversion
PVsyst DEMO
(including 1.5% for degradation dispersion)
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 7/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Predef. graphs
Daily Input/Output diagram
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 8/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
PVsyst DEMO
P90 14660 MWh
P95 14330 MWh
Probability distribution
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 9/16
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
PVsyst DEMO
Monitoring system, display screen 50 500,000.00 25,000,000.00
Measurement system, pyranometer 100 300,000.00 30,000,000.00
Surge arrester 15 100,000.00 1,500,000.00
Studies and analysis
Engineering 15 400,000.00 6,000,000.00
Permitting and other admin. Fees 20 50,000.00 1,000,000.00
Environmental studies 5 50,000.00 250,000.00
Economic analysis 5 50,000.00 250,000.00
Installation
Global installation cost per module 16920 2,000.00 33,840,000.00
Global installation cost per inverter 4 100,000.00 400,000.00
Transport 15 100,000.00 1,500,000.00
Insurance
Building insurance 1 200,000.00 200,000.00
PVsyst DEMO
Transport insurance 1 100,000.00 100,000.00
Liability insurance 1 50,000.00 50,000.00
Delay in start-up insurance 1 100,000.00 100,000.00
Land costs
Land preparation 1 5,000,000.00 5,000,000.00
Land taxes 1 0.00 500.00
Loan bank charges 1,000,000.00
Taxes
Federal taxes 1 0.00 3,000,000.00
State taxes 1 0.00 3,000,000.00
Local taxes 1 0.00 300,000.00
Other taxes 1 0.00 1,400,000.00
Total 434,261,500.00
Depreciable asset 290,371,000.00
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 11/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Item Total
NPR/year
Maintenance
Salaries 10,000,000.00
Repairs 10,000,000.00
Cleaning 4,000,000.00
Security fund 5,000,000.00
Land rent 30,000,000.00
Insurance
PVsyst DEMO
Facilities insurance 1,000,000.00
Liability insurance 200,000.00
Business interruption insurance 200,000.00
Lack of sunlight insurance 1,000,000.00
Loan insurance 100,000.00
Bank charges 1,000,000.00
Administrative, accounting 1,000,000.00
Taxes
Federal taxes 1,000,000.00
State taxes 1,000,000.00
Local taxes 10,000,000.00
Property taxes 500,000.00
Total (OPEX) 76,000,000.00
Including inflation (4.00%) 142,081,842.30
PVsyst DEMO
System summary
Total installation cost
Operating costs (incl. inflation 4.00%/year)
Produced Energy
Cost of produced energy (LCOE)
434,261,500.00
142,081,842.30
15838
3.6312
NPR
NPR/year
MWh/year
NPR/kWh
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 12/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Financial analysis
Simulation period
Project lifetime 30 years Start year 2026
PVsyst DEMO
Depreciable assets
Asset
PV modules
RSM132-8-650BMDG
Depreciation
method
Straight-line
Depreciation
period
(years)
20
Salvage
value
(NPR)
0.00
Depreciable
(NPR)
247,878,000.00
Supports for modules Straight-line 20 0.00 38,493,000.00
Accessories, fasteners Straight-line 20 0.00 4,000,000.00
Total 0.00 290,371,000.00
Financing
Own funds 150,234,083.17 NPR
Subsidies 17,751,713.55 NPR
PVsyst DEMO
Loan - Redeemable with fixed annuity - 30 years 266,275,703.28 NPR Interest rate: 10.00%/year
Electricity sale
Feed-in tariff 5.00000 NPR/kWh
Duration of tariff warranty 30 years
Annual connection tax 500,000.00 NPR/kWh
Annual tariff variation +6.0 %/year
Feed-in tariff decrease after warranty 0.00 %
Return on investment
Payback period 11.3 years
Net present value (NPV) 13,536,746,172.74 NPR
Internal rate of return (IRR) 24.85 %
Return on investment (ROI) 3250.0 %
Paid dividends 2,101,909,864.10 NPR
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 13/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Financial analysis
Detailed economic results (kNPR)
Year Electricity Own Loan Loan Run. Deprec. Taxable Taxes After-tax Divid. Cumul. %
sale funds principal interest costs allow. income profit 12.00% profit amorti.
0 0 150,234,083 0 0 0 0 0 0 0 0 -150,234,083 0.0%
1 78,690,240 0 1,618,756 26,627,570 76,000,000 14,518,550 0 0 -25,556,086 0 -175,537,139 -5.7%
2 89,317,571 0 1,780,632 26,465,695 79,040,000 14,518,550 0 0 -17,968,756 0 -193,151,839 -9.5%
3 101,371,089 0 1,958,695 26,287,632 82,201,600 14,518,550 0 0 -9,076,838 0 -201,961,728 -11.1%
4 115,042,189 0 2,154,564 26,091,762 85,489,664 14,518,550 0 0 1,306,198 156,744 -200,706,497 -10.3%
5 130,547,951 0 2,370,021 25,876,306 88,909,251 14,518,550 1,243,844 161,700 13,230,674 1,587,681 -188,117,965 -6.7%
6 148,134,585 0 2,607,023 25,639,304 92,465,621 14,518,550 15,511,111 2,016,444 25,406,194 3,048,743 -164,184,181 -0.4%
PVsyst DEMO
7 168,081,347 0 2,867,725 25,378,601 96,164,245 14,518,550 32,019,950 4,162,594 39,508,181 4,740,982 -127,334,187 9.2%
8 190,704,964 0 3,154,498 25,091,829 100,010,815 14,518,550 51,083,770 6,640,890 55,806,932 6,696,832 -75,797,422 22.3%
9 216,364,670 0 3,469,947 24,776,379 104,011,248 14,518,550 73,058,493 9,497,604 74,609,491 8,953,139 -7,578,993 39.5%
10 245,467,908 0 3,816,942 24,429,384 108,171,698 14,518,550 98,348,276 12,785,276 96,264,608 11,551,753 79,568,102 61.4%
11 278,476,802 0 4,198,636 24,047,690 112,498,566 14,518,550 127,411,996 16,563,559 121,168,350 14,540,202 188,174,168 88.5%
12 315,915,488 0 4,618,500 23,627,826 116,998,508 14,518,550 160,770,604 20,900,178 149,770,475 17,972,457 321,087,860 121.5%
13 358,378,447 0 5,080,350 23,165,976 121,678,449 14,518,550 199,015,472 25,872,011 182,581,661 21,909,799 481,515,536 161.2%
14 406,539,935 0 5,588,385 22,657,941 126,545,587 14,518,550 242,817,857 31,566,321 220,181,700 26,421,804 673,065,462 208.5%
15 461,164,694 0 6,147,224 22,099,103 131,607,410 14,518,550 292,939,631 38,082,152 263,228,805 31,587,457 899,797,455 264.5%
16 523,120,096 0 6,761,946 21,484,380 136,871,706 14,518,550 350,245,459 45,531,910 312,470,153 37,496,418 1,166,278,646 330.1%
17 593,389,913 0 7,438,141 20,808,186 142,346,575 14,518,550 415,716,602 54,043,158 368,753,853 44,250,462 1,477,646,098 406.6%
18 673,089,939 0 8,181,955 20,064,372 148,040,438 14,518,550 490,466,579 63,760,655 433,042,519 51,965,102 1,839,677,142 495.5%
19 763,485,709 0 9,000,150 19,246,176 153,962,055 14,518,550 575,758,927 74,848,661 506,428,666 60,771,440 2,258,868,363 598.3%
20 866,012,591 0 9,900,165 18,346,161 160,120,537 14,518,550 673,027,342 87,493,554 590,152,172 70,818,261 2,742,524,313 716.8%
PVsyst DEMO
21 982,298,580 0 10,890,182 17,356,145 166,525,359 0 798,417,077 103,794,220 683,732,675 82,047,921 3,297,325,633 852.6%
22 1,114,190,150 0 11,979,200 16,267,127 173,186,373 0 924,736,650 120,215,764 792,541,686 95,105,002 3,934,050,616 1008.3%
23 1,263,781,568 0 13,177,120 15,069,207 180,113,828 0 1,068,598,533138,917,809 916,503,604 109,980,432 4,663,075,883 1186.5%
24 1,433,448,154 0 14,494,832 13,751,495 187,318,381 0 1,232,378,278160,209,176 1,057,674,271126,920,912 5,496,064,312 1390.0%
25 1,625,883,997 0 15,944,315 12,302,012 194,811,117 0 1,418,770,869184,440,213 1,218,386,341146,206,361 6,446,123,532 1621.9%
26 1,844,144,729 0 17,538,746 10,707,580 202,603,561 0 1,630,833,588212,008,366 1,401,286,475168,154,377 7,527,983,901 1885.9%
27 2,091,696,052 0 19,292,621 8,953,705 210,707,704 0 1,872,034,643243,364,504 1,609,377,518193,125,302 8,758,198,391 2185.9%
28 2,372,468,762 0 21,221,883 7,024,443 219,136,012 0 2,146,308,307279,020,080 1,846,066,344221,527,961 10,155,367,0622526.4%
29 2,690,921,170 0 23,344,071 4,902,255 227,901,452 0 2,458,117,462319,555,270 2,115,218,121253,826,175 11,740,389,1502912.6%
30 3,052,109,891 0 25,678,479 2,567,848 237,017,510 0 2,812,524,533365,628,189 2,421,217,865290,546,144 13,536,746,1733350.0%
Total 25,194,239,177
150,234,083 266,275,703 581,114,090 4,262,455,269290,371,000 20,162,155,853
2,621,080,26117,463,313,855
2,101,909,86413,536,746,1733350.0%
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 14/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
Financial analysis
Yearly net profit (kNPR)
PVsyst DEMO
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 15/16
Project: Bishal Rayamajhi-11MW
Variant: New simulation variant
PVsyst V8.0.5
VC0, Simulation date:
07/02/25 18:01
PVsyst DEMO
with V8.0.5
PVsyst DEMO
Annual degradation: 1.0 %
PVsyst DEMO
Inverters 1.98 kgCO2/units 4.00 units 7.93
PVsyst DEMO
PVsyst DEMO
10/02/25 PVsyst Licensed to Page 16/16