N-type Solar Module Produces 5.26% more Power than P-type one: Report By Soumya Duggal/ Updated On Tue, Jan 11th, 2022 Highlights : N-type technology has gradually become the mainstream product technology in the photovoltaic market. Its benefits are said to include not just an increase in the power output of the PV panels, but also the substantial increase in the module efficiency and the considerable reduction in the cost of the system. Latest research has found that the power generation capacity of the N-type solar module is 5.26% higher than that of the P-type module with the same dimension, on account of the former’s lower levelized cost of electricity (LCOE) and higher internal rate of return (IRR). According to a new report by technical service provider TÜV Nord, N-type technology has gradually become the mainstream product technology in the photovoltaic market, and its benefits include not just an increase in the power output of the PV panels, but also the substantial increase in the module efficiency and the considerable reduction in the cost of the system. <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a85f64fd&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=54&cb=INSERT_RANDOM_NUMBER_HERE&n=a85f64fd' border='0' alt='advertisement' /></a> To make its case in the favour of N-type technology, the report studies two hypothetical 120MW utility scale ground-mounted PV power plants. Through technical plan review and financial benefit comparison, module-maker JinkoSolar’s N-type high-efficiency modules JKM610N-78HL4-BDV (denoted by 182-78N-610W), JKM565N72HL4-BDV (denoted by 182-72N-565W) and other mainstream high-efficiency modules on the market (denoted by 210-66-665W, 210-60-605W and 210-55-555W) are compared in terms of their respective LCOE and IRR. LCOE is the full lifecycle costs of a power generating technology per unit of electricity. It is an economic assessment of the average net present cost of electricity generation for a generating plant over its lifetime. It accounts for all lifecycle costs of the system, including operation, maintenance, construction, taxes, insurance, and other financial obligations of the project. <a href='https://secure.meilleurmedia.com/www/delivery/ck.php?n=a23dad63&cb=INSERT_RANDOM_NUMBER_HERE' target='_blank'><img src='https://secure.meilleurmedia.com/www/delivery/avw.php?zoneid=17&source=https%3A%2F%2Fwww.saurenergy.com&cb=INSERT_RANDOM_NUMBER_HERE&n=a23dad63&ct0=INSERT_ENCODED_CLICKURL_HERE' border='0' alt='Advertisment' /></a> As per the report’s findings, in China, the plant that used 182-72N-565W module has the lowest LCOE, which is ¥0.2955, and in Spain, the plant that used 182-78N-610W module has the lowest LCOE which is $0.0480. Trina Solar’s Large-area P-type Module Attains Record 23.03% Efficiency Also Read IRR is generally considered to be the profitability of project investment, clearly reflecting the efficiency of investment use. In China, the plant that used 182-72N-565W module has the highest IRR, which is 13.79%, the report found. In Spain, the plant that used 182-78N-610W module has the highest IRR which is 15.80%. Jinko Solar Wins 7th All Quality Matters Award for its N-type Mono Modules Also Read “From the results of this analysis, when the unified DC side capacity, land availability, system design principles and module prices are determined, Jinko’s N-type products have great advantages in terms of the cost per kilowatt-hour and profitability investment in large-scale ground power station projects in China and Spain,” claims the report. As per the report, the advantages of Jinko’s N-type modules are mainly reflected in: High-efficiency modules can greatly reduce the initial investment cost of the project (modules, BOS equipment procurement costs, EPC construction costs, etc.); It can save the use area of the plant, thereby reducing the annual land lease cost; JinKO’s N-type modules have a lower power degradation (1% in the 1st year, 0.4%/yr from the 2nd year), higher bifaciality coefficient (85%). “In the TÜV NORD outdoor performance project, compared with the P-type module with the same dimension, the kW power generation capacity of the N-type module is 5.26%* higher. Therefore, the electricity generated during the whole life cycle of the N-type modules project increased, which greatly reduces the LCOE,” the report concludes. Tags: higher internal rate of return (IRR), Jinko Solar, lower levelized cost of electricity (LCOE), N-type solar module, P-type module, TUV NORD
