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Technical and economic evaluation of photovoltaic panels: a case study based on interdispciplinary approach

Author

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  • Chaymae Taib

    (Sidi Mohamed Ben Abdellah University, Morocco)

  • Zineb Aqachmar

    (Cadi Ayyad University, Morocco)

  • Najiba El Amrani El Idrissi

    (Sidi Mohamed Ben Abdellah University, Morocco)

  • Manuela TvaronaviÄ ienÄ—

    (Vilnius Gediminas Technical University, Lithuania)

Abstract

This study evaluates the performance of SoliTek SOLID B.60 bifacial photovoltaic panels in four Lithuanian cities; Vilnius, Klaipėda, Telšiai, and Dotnuva, each representing a distinct climate zone as defined in national classifications. Using the System Advisor Model (SAM) and standardized 2022 weather data from NSRDB, the same technical system and a merchant plant financial model were applied across all cities/ to ensure comparability. Key performance indicators; energy output, capacity factor, levelized cost of energy (LCOE), and Net Present Value (NPV) were analyzed. Results show Klaipėda outperforms other cities in both technical and financial metrics, while Vilnius yielded the lowest performance. The study highlights the advantage of using locally manufactured panels and consistent simulation parameters for realistic assessment. Use of interdisciplinary evaluation approach allows to take into account main technical panels’ performace indicators together with economic attractiveness. This approach is especially promising in the context of increasing global competition in the area of photovoltaic industry.

Suggested Citation

  • Chaymae Taib & Zineb Aqachmar & Najiba El Amrani El Idrissi & Manuela TvaronaviÄ ienÄ—, 2025. "Technical and economic evaluation of photovoltaic panels: a case study based on interdispciplinary approach," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 123-136, September.
    • Handle: RePEc:ssi:jouird:v:7:y:2025:i:3:p:123-136
    DOI: 10.70132/p6943275885
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    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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