ECONOMICAL ANALYSIS OF GRID-CONNECTED BIPV AT UNIMAP BUILDING IN KUALA PERLIS, MALAYSIA

Abstract

Recently renewable energy (RE) technology burst the
electricity generation in worldwide including Malaysia.
The most popular renewable technology installation in
Malaysia is solar PV. It is because Malaysia is located at
equatorial region which makes it a very attractive region
for potential solar radiation application technology. Kuala
Perlis, which is one of the city in northern region of
Malaysia, is geographically located at 6.4E 100.1N, the
region receives annual solar radiation about 1797.1
W/m2. Malaysia government has introduced the RE Bill
which was approved in parliament in 2011 to enhance the
energy produced by RE resources. From this bill, the
electricity generated by photovoltaic (PV) will be paid up
to RM 1.54 per kWh for non-individual producer if it is
connected to the grid under feed-in (FiT) tariff scheme.
This paper presents the economical study of grid
connected BIPV system installation on top of roof
Universiti Malaysia Perlis (UniMAP) laboratory
buildings at Kuala Perlis. This study includes the sizing
and design of PV system, total estimated annual energy
yield and payback period analysis under FiT scheme.
From this design, the annual energy yield connected to
the grid is 313.54 MWh, estimated annual revenue is RM
0.35 mil and payback period is 7.12 years.