Standalone Solar Power System for Small and Medium Scale Enterprises (SMES) in Nigeria: Design and Economic Analysis

Olaiya, O.O and EZE, B.E (2020) Standalone Solar Power System for Small and Medium Scale Enterprises (SMES) in Nigeria: Design and Economic Analysis. International Journal of Advances in Engineering and Management (IJAEM), 2 (1). pp. 1-5. ISSN 2395-5252

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Abstract

One of the challenges facing small and medium scale enterprises in Nigeria is erratic nature of power supply. Most SMEs augment the power supply with gasoline generator with the believe that it is cheaper. As an alternative, a standalone solar power system is suggested. The results of technical and economic analysis of standalone solar power system carried out for an average barbing saloon outfit in Nigeria is presented in this work. With an assumed power of 409W and energy of 1750Whr/day for an average barbing saloon, the design arrived at 1kVA inverter, 3 nos 12V, 200AH battery, two units of 250W PV module and a 12V, 30A Charge controller. Using a life cycle cost analysis, the solar system gave a cost of N 404,881.4 while a 1kVA gasoline generator resulted to N527,563.53 over a life cycle of 5 years. The paper concludes that though initial cost of gasoline generator is cheap, solar system saves cost in the long run in addition to clean nature of the power supply and thus it is recommended for use by barbing saloon in Nigeria.

Item Type:	Article
Uncontrolled Keywords:	Solar, SMEs, Gasoline Generator, Life Cycle Cost
Subjects:	T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions:	Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User:	Joy Oluwabukola Olayiwola
Date Deposited:	13 Jul 2021 15:12
Last Modified:	13 Jul 2021 15:12
URI:	http://eprints.federalpolyilaro.edu.ng/id/eprint/1758

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