Techno-economic Sizing Analysis of Solar PV System for Domestic Refrigerators

The SPVP can generate 47085 kWh/year, while a degradation factor of 0.05% has been taken into account which in turn affects the power produced by 41760.67 kWh/day in 25 years. Considering the discount and inflation factor LCOE has been found to be 0.0870 in 25 years, which is justified.