The Way to Best LCOE (IV)
Figure I: Assessment parameters
Results: The new generation of high-power modules performs better than the M6 modules in both CAPEX and LCOE; G12 performs better than M10, and M10 performs better than M6. In particular, the costs of trackers and electrical systems of M10 and G12 are significantly lower than other modules. 1. The Vertex G12 modules have the best CAPEX and LCOE. Compared to the M10 modules, the G12 600W and 670W modules perform particularly well, reducing CAPEX by up to 1.5-2 €cWp and LCOE by up to 3-4.5%. Compared to the M6 modules, the LCOE could be reduced by 6.5%-7.4%.
Figure II: Calculation results of CAPEX
Figure III: Calculation results of LCOE
2. The superior performance of the G12 600W and 670W modules is largely due to savings of the costs of trackers, which are up to around 0.5~1€c/Wp or 11% compared to the M10 series. 3. Thanks to the innovative design concept of low-voltage and high-string power of the G12 modules, the 210mm 550W, 600W and 670W modules have excellent performance in savings of the costs of electrical systems, which are up to approximately 14.1~21.4% compared to the M6 series. 4. Another reason for the superior performance of the G12 600W and 670W modules lies in their lower transportation costs. Within the same 40-foot container, the power of loadable G12 600W and 670W modules can be increased by about 12%.
Figure IV: Comparison of items of CAPEX research results
The comparisons show that the G12 series of ultra-high power modules represented by Trina Solar’s Vertex can significantly reduce CAPEX, LCOE in particular, thanks to their low-voltage, high string power design and superbly efficient power generation capacity. Compared to conventional modules, the single string power is significantly boosted by 36%. In turn, it can save the material and labor costs of DC terminals, thus lowering the initial investment and significantly saving the system’s BOS cost and LCOE. Always driven by innovative, reliable quality and customer value, Trina Solar’s high-power, high-efficiency modules are getting inevitably popular in the era of grid parity.