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Cost Analysis of 56.91 MW PV Power Plant Under Iraqi Conditions

This study indicate the financial issues for install photovoltaic (PV) power plant of 56.91 MW in free site that have a life time of 25 years and fit with Iraqi conditions, also its divided into two scenarios indicate in the following:

Scenario number 1: this scenario include import most components and there is no subsidy from Iraq government, that means there is a taxes for imported components thereby the electric rate will be high

Scenario number 2: this scenario depends on the local markets (manufacture PV modules and inverters) and import a little components from abroad, also there is subsidy from Iraq government by free taxes for the imported components and use the Indian or Bangladesh coworkers thereby the electric rate will be low

then calculate the cumulative cash flow which include calculate system factor, interest rate, taxes and payback      period for each scenario

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