Financial analysis ‘Your earnings Total investment costs Internal rate of return (IRR) Amortization period Electricity generation costs Energy balance/power concept 4.105.000,00 lei 23,21 % 44 Ani 0,2241 leifewh Full power supplyModule Areas 1. Medul Area - Open Area (Map Section)- South Area PV Generator, 1. Module Zone - Open Zone (Map Section}- South Zone Name Open Area (Map Section)- South Zone Photovoltaic modules 1580 x NU-JD450 (v1) Producer SHARP Corporation Tit 15° Orientation South 180 * ‘Type of installation Mounted - Open Space Surface area of the photovoltaic generator 3.490,5 m? Figure: 1. Module Area - Open Area (Map Section} - South:Module Degradation, 1. Module Zone - Open Zone (5 Map)-South Area Characteristic curve Linear (straight line) Remaining power (power output) after 20 years 100 % Degradation of Mode a meerecrere eeeee eteeee seeeee Bemsning seu toa 3 3 ¢ 6 7 8 &* © h kD bw oP mw w Figure: Module degradation, 1. Module area - Open area (map section) - South area Horizon Line, 3D Design Height Angle ap. 75° eo 45° 30° 15° 9° oF North North Figure: Orizont (3D Design)Inverter configuration Configuration 1 Module Area Open Area (Map Section)-South Area Inverter 1 Model SUN2000-100KTL-M1 (400Vac) (v6) Producer Huawei Technologies Quantity 4 Sizing factor 108 % Configuration MPP 1:2x15 MPP 2: 2x 13, MPP 3: 2x 13, MPP 4: 2x 13, MeP 5: 2x13 MPP 6: 2x13 MPP 7: 2x 13, MPP 8: 2x13 MPP 9: 2x 13, MPP 10: 2.x 13 Inverter 2 Model ‘SUN2000-100KTL-M1 (400Vac) (v6) Producer Huawei Technologies Quantity 2 Sizing factor 107,2 % Configuration MPP 1:2 14 MPP 2: 2x13 MPP 3: 2x 13 MPP 4: 2x 13 MPP 5: 2x13 MPP 6:2 x 13, MPP 7: 2x13 MPP 8: 2x 13, MPP 9: 2x 13, MPP 10: 2x 13, AC grid AC grid Number of phases 3 Mains voltage between phase and neutral 230 V Displacement power factor (cos phi) aETotal results system Photovoltaic system. PV generator output 711,00 kWp Spec. Annual yield 1.366,52 kWh/kWp Performance Report (PR) 90,57 % Yield reduction due to shading 11 %6/An Grid Feed-in 971.738 kWh/year Grid Feed-in in the first year (including module degradation) 971.738 kWh/year Standby consumption (inverter) 143 kWh/year (CO; emissions avoided 456.649 ke/year Energy Flow Graph Project: CENTRALA FOTOVOLT A 1Production Forecast x20 Peo. ‘ | | a a a a oa rr econ omen cae Figure: Production forecast Results by module area Open Area Map. Section)-South Area PV generator output 711,00 kWp Surface area of the photovoltaic generator 3.490,51 m? Global ra atthe 1475,99 kWh/m? Global radiation on non-reflection mode 508,55 kWh/m? Performance Report (PR) 90,58 % Photovoltaic generators (AC grid) 971737,67 kWh/year Spec. Annual yield 136,72 kWh/kWpEnergy balance of the photovoltaic system Energy balance of the photovoltaic system Global radiation - horizontal Deviation from the standard spectrum. Ground reflection (Albedo) Orientation and inclination of the module surface Mode-independent shading Reflection on the module interface Global radiation at the Global PV rat Dirt STC conversion (nominal module efficiency 20.37 5) Nominal PV energy Module-specific partial shading Low light performance Deviation from nominal module temperature Diode Inappropriateness (Manufacturer information) Inappropriate (Set up/open) Cable string PV energy (OC) without inverter down regulation Not reaching the DC start output Adjustment down due to MPP voltage range Adjustment down due to max. DC current Adjustment down due to max. DC power supply Adjustment down due to max. AC power/cos phi MPP matching PV energy (DC) ion Energy at inverter input Input voltage deviates from nominal voltage DC/AC conversion ‘Standby consumption (inverter) ACcables Photovel Photovol (AC) minus standby use generators (AC grid) 1.376,85 kWh/m? “13,77 kWh/m? 4,64 kWh/m? 140,82 kWh/m? 0,00 kWh/m? -32,56 kWh/m? 1.475,99 kWh/m* 1.475,99 kWh/m? *3490.511 m* = 5.151.953,21 kWh 5.151.953,21 kWh 0,00 kWh -4.102.304,40 kWh 1.049.648,81 kWh -10.183,20 kwh -9.206,53 kWh -12.293,07 kwh -153,99 kWh -20.356,24 kwh -861,69 kWh ~1.697,06 kWh 994.897,01 kWh “17,44. kWh -10,41 kWh 0,00 kWh 0,00 kWh -227,08 kWh -1511,24 kWh 993.130,84 kWh 993.130,84 kWh -370,16 kWh -20.437,56 kWh -143,18 kWh -585,45 kWh 971.594,49 kWh 971.737,67 kWh -1,00 % 0,34 % 10,30 % 0,00 % -2,16 % 0,00 % 0,00 % 0,00 % 0,00 % -0,02% 0,15 % 0.04% -2,06 % -0,01% -0,06 %Financial analysis Overview System data Grid Fees in the first year (including module degradation) 971.738 kWh/year PV generator output 71. kWp Starting the system 05.07.2022 Evaluation period 20 Ani Interest on capital 1% Economic parameters Internal rate of return (IRR) 23,21 % Accumulated cash flow (Cash balance) 14.204.147,25 lei Amortization period 4,4 Ani Electricity generation costs 0.2241 lei/kWh Overview of payments Specific investment costs 5.773,56 lei/kWp Investment costs 4.105.000,00 lei Investments 3.555.000,00 lei Mounting structure 550,000,00 lei Single payments 0,00 lei Subsidies received 0,00 lei Annual costs 0,00 lei/An Other income or savings 0,00 lei/An Remuneration and savings Total utility payments in the first year 971.737,67 lei/An Validity 05.07.2022 - 04.07.2042 Specific feed/export remuneration 1 leifkWh Feed-in/export tariff 971737,6694 lei/AnCash flow Cash flow Year i Year2 Year3 Year Years Investments, ~4.105.000,00 lei 0,00 lei 0,00 lei 0,00 lei 0,00 lei Feed-in/export tariff 947.222,91 lei 952.590,60 lei 943,159.01 lei 933.820,80 lei 924.575,05 lei Annual cash flow -3.157.777,09 lei 952.590,60lei 943.159,01lei 933.820,80 lei 924.575,05 lei Accumulated cash flow -3.157.777,09 lei -2,205,186.49 lei -1.262.027,49 lei -328.206,69 lei 596.368,36 lei (Cash balance) Cash flow Year Year7 ‘Year 8 Year Year 10 Investments, 0,00 lei 0,00 lei 0,00 lei 0,00 lei 0,00 lei Feed-in/export tariff 915.420,84lei 906,357.27 lei 897.383,43lei 888.49845|ei —879.701,44 lei ‘Annual cash flow 915.420,84lei 906,357.27 lei 897.383,43 lei 888.4985 lei 879.701,44 lei Accumulated cash flow 1511.789,21 lei 2.418.146,47 lei 3.315.529,91 lei 4.204.028,36lei 5.083.729,79 lei (Cash balance) Cash flow Year ii Year 12 Year 13 Year 14 Year 15 Investments, 0,00 lei 0,00 lei 0,00 lei 0,00 lei 0,00 tei Feed-in/export tariff 870,991.52lei 862,367.84lei 853,82955lei 845.375,79lei 837,005.73 lei ‘Annual cash flow 870,991.52lei 862,367.84lei 853,829.55 lei 845.375,79lei 837,005.73 lei Accumulated cash flow 5.954.721,31 lei 6.817.089,16 lei 7.670.918,70lei &516.29449lei 9.353.300,22 lei (Cash balance) Cash flow Year 16 Year 17 Year 18 Year 19 Year 20 Investments, 0,00 lei 0,00 lei 0,00 lei 0,00 lei 0,00 lei Feed-in/export tariff 828.718,55lei 820,513.41lei 812.389,52lei 804,346.06lei 796.382,23 lei ‘Annual cash flow 828.718,55lei 820,513.41lei 812.389,52lei 804,346.06 lei 796.382,23 lei Accumulated cash flow 10.182.018,77 lei 11.002.582,18 lei 11.814.921,70 lei 12.619.267,75 lei 13.415.649,99 lei (Cash balance) Cash flow Year 21 Investments, 0,00 lei Feed-in/export tariff 788,497.26 lei Annual cash flow 788,497.26 lei Accumulated cash flow (Cash balance) Degradation and inition rales are api rmonthiy hraughout the obseration Prod. THe ‘work done nthe fist ex. 14.204.147,25 lelod ‘Acerued Cash Flow (Cash Bates) i Figure: Accumulated eash flow (Cash Balance)Data sheet Photovoltaic module data sheet Photovoltaic module: NU-JD450 (v1) Producer Available Electrical data Cell type Half-cell mode. Number of cells Number of bypass diodes Voltage loss on bypass diode Integrated power optimizer Only transformer inverters are suitable 1/V characteristics at STC MPP voltage MPP current Open circuit voltage Short circuit Increase open circuit voltage before stabilization Nominal output Filling factor Efficiency Partial load characteristics I/V Source of values Irradiation Voltage in MPP at part load Current in MPP at part load Short-circuit current at partial load Additional parameters Voc temperature coefficient ‘Temperature coefficient of Isc ‘Temperature coefficient of Pmpp Incident Angle Modifier (1AM) Maximum system voltage Mechanical data Width Height Depth Frame width Weight ‘SHARP Corporation from Si monocrystalline from 144 3 av No No 41,56 10,83 49,35 11,61 0 450 78,56 20,37 RRERP CHK Created by manufacturer/user 200 40,1 2,18 46,4 2,32 jet peres “129 mvjk 6,6 mA/K 0,35 96/K 98 % 1500 V 1048 mm 2108 mm 35 mm 1mm 25 keInverter data sheet Inverter: SUN2000-1.00KTL-M1 (400Vac) (v6) Producer Available Electrical data - DC Nominal DC output Max. DC power supply Name. DC voltage Max. Input voltage Max. Input current Number of DC inputs Electrical data - AC Rated AC power Max. AC power supply Number of phases Transformer Electrical data - other Change in efficiency when input voltage deviates from rated voltage Power supply Standby consumption Night consumption MPP Tracker ‘Output range < 20% of rated power ‘Output range > 20% of rated power Number of MPP trackers MPP Tracker 1-10 Max. Input current Max. put power Voltage MPP Max. Voltage MPP Huawei Technologies from 101,95 kW 144 kW 600 v 1100 v 260 A 20 110 kw 110 kVA No 0,13 %/100V 80 W 15 W 3,5 W 99 % 99,9 % 10 25 A 21 kW 200 v 1000 VList of components List of components # Tip Number of Producer Name Quantity — Unit article 1 PV module SHARP Corporation NU-1D450 1580 Piece 2 Inverter Huawei SUN2000-100KTL-M1 6 Piece Technologies (a00Vac) 3 Cable Edit | x Three-phaseAC 100 m cables 185 mm? Copper 4 Cable ‘6 mm stranded cable 6000 m Copper 5 Component Feedmeter 1 Piece 6 Component Switch for 1 Piece circuitLegend (0) Inverter (i) PV Module [4] (2) Ge Hunwel Technologies, Su W'2000-100KTL441 (400Vac), 210 KW | (1) SHARP Comorat on Hu 30-450, 450 Wo Mame of module area qe Quariiy: a Stings xb PV Modes Module 0a ‘Open ares (Map Secton).Area Sout ‘1580 PV Modes, 711 KWo sen ‘Onenaen 160°, Ireinaton 15° Feedin Mawr =] =| omen —y— srenen Grounding