COMPARISON ON SAME PROJECT WITH COOLBACK® UPGRADE
SYSTEM
• Size: 200 MW• South-facing, fixed tilt
LOCATION• Sevilla, Spain• Irradiation: 1875 kWh/m2
• Meteonorm 7.3
FINANCIALPower Purchase Agreement (PPA): • 25 years, no residual
value• Income at € 0,03/kWh
Financing:• Equity/Debt ratio: 20/80• Cost of capital: 4%•
Dividends: 0%• Loan: 18 year at 2% interest• Tax: 0%
COOLBACK® EFFECTPROJECT PARAMETERS FOR SIMULATION
• Module: Reference (400Wp)— compared with —
• Module: Reference (400Wp) + COOLBACK® upgrade LCOE
0.1 cent
ROI14.1%POINT
LOWERTEMPERATURE
LONGERLIFETIME
HIGHERPERFORMANCE RATIO
REFERENCE COOLBACK ®
Freq
uenc
y [
Hou
r / B
in ]
Average module temperature during running [˚C ]
Array Temperature Distribution during running160
140
120
100
80
60
40
20
00˚ 10˚ 20˚ 30˚ 40˚ 50˚ 60˚ 70˚
Year
100%
95%
90%
85%
80%0 5 10 15 20 25
REFERENCE COOLBACK ® Module Warranty
Output-Degradation versus Warranty
80%78%76%74%72%70%68%66%64%62%60%
1 5 10 15 20 25
Performance Ratio
Year
REFERENCE
COOLBACK ®
Lower cell temperatures due tohigher heat dissipation (Uc)*
Stronger and cooler modulesreduce yearly degradation*
Performance Ratio improvesdue to COOLBACK®
*Evidential documentation available
INCREASE PROFITS & RETURNS ON SOLAR PV PROJECTSCOOLBACK®
generates more energy by lowering PV cell temperatures and
prolonging module lifetime.
The patented product replaces the conventional solar PV module
frame and backsheet at a competitive price, resulting in lower
levelized costs of energy (LCOE). Certified and extensively tested,
COOLBACK® has been adopted by the PV module industry for newly
assembled PV modules.
Solar PV systems enhanced with COOLBACK® modules give immediate
benefits through increased profits and higher returns on
investment.
Grid-Connected System: Cost of the system
PVSYST 7.0.15
Project :Simulation variant :
System Simulation Summary- 200 MW- Sevilla, SpainREFERENCE:
400Wp COOLBACK: 400Wp
Main system parameters
Near ShadingsPV Field OrientationPV modulesPV
ArrayInverterInverter packUser’s needs
System type
Linear shadingstilt
ModelNb. of modules
ModelNb. of units
Unlimited load (grid)
Sheds, single array
37°COOLBACK72/REF725000002000 kWac central inverter100.0
azimuthPnom
Pnom totalPnom
Pnom total
0°All models 400Wp200000 kWp2000 kW ac 200000 kW ac
System summaryTotal installation costOperating costs (incl.
inflation 1.00%/year)Produced EnergyCost of produced energy
(LCOE)
82,300,0001,035,430
3308710.017
EUREUR/yearMWh/yearEUR/kWh
82,300,0001,035,430
3415030.016
EUREUR/yearMWh/yearEUR/kWh
COOLBACKREFERENCE
Financial parameters
Simulation periodProject lifetimeProduction variationConstant
loss factor UcModule average degradationIncome variation over
timeInflationProduction variationDiscount rateIncome dependent
expensesIncome tax rateDividendsDepreciationDepreciable
assetsSalvage valueDepreciation periodFinancingOwn fundsLoan
25 yearsAging tool results
29.00.40
1.00Aging tool results
4.00
0.000.00
80,900,0000.00
15
16,460,00065,840,000
W/m2K%/year
%/year%/year%
%/year%/year
EUREURyears
EUREUR
2021Start yearAging tool results
42.50.34
1.00Aging tool results
4.00
0.000.00
80,900,0000.00
15
16,460,00065,840,000
W/m2K%/year
%/year%/year%
%/year%/year
EUREURyears
EUREUR
Start year 2021
Electricity saleFeed-in tariffDuration of tariff warrantyAnnual
connection taxAnnual tariff variationFeed-in tariff decrease after
warranty
0.0325
00.000.0
0.00
EUR/kWhyearsEUR%/year%
0.0325
00.000.0
0.00
EUR/kWhyearsEUR%/year%
Return on investmentPayback periodNet present value (NPV)Return
on investment (ROI)
10.6145,893,594
177.3
yearsEUR%
10.2157,547,213
191.4
yearsEUR%
-20.000
0
20.000
40.000
60.000
80.000
100.000
120.000
140.000
15 10 15 20 25
REFERENCE COOLBACK®
Cumulative Cashflow (kEUR)Yearly Net Profit (kEUR)
0
5.000
2.500
-2.500
-5.000
-7.500
-10.000
7.500
10.000
15 10 15 20 25
REFERENCE Profit COOLBACK® Profit
THECOOLBACK®
UPGRADE
ROIPOINT14.1%
NPV8.0%
PAYBACKPERIOD
5 month
For explanation,see charts onreverse side
LCOE0.1 cent
ENERGY3.2%
PROFIT& CASHFLOW
FINANCIAL EFFECTS SIMULATION
v201126ELA
Europaweg 20B9636 HT ZUIDBROEK The Netherlands
COOBACKCompany B.V.
Telephone:Email:
Website:
+31 (0)20 820 [email protected]
