Solar Simulation Report
Solar Simulation Report
Solar Simulation Report
PROJECT MANAGEMENT
MAIN CONTRACTOR
October 2023
SUBMITTED BY
CONSULTANT
Solar Radiant System
Site Data
Climate data
Location: ABU DHABI INTL
Climate data record: ABU DHABI INTL
Total annual global irradiation: 2014.967 kWh/m²
Latitude: 24.43 °
Longitude: -54.65 °
System
Collector loop
Manufacturer: Standard
Type: Standard flat-plate collector
Number: 2.00
Total gross surface area: 5 m²
Total active solar surface area: 5 m²
Inclination (Tilt Angle): 30 °
Orientation: 180 °
Azimuth: 0°
Dual coil indirect hot water tank incl. heating element (6 kW)
Manufacturer: Standard
Type: Dual coil indirect hot water tank
Volume: 0.3 m³
Auxiliary heating
Manufacturer: No boiler present
Type: No boiler present
Nominal output: 0 kW
These calculations were carried out by T*SOL 2021 (R3) - the simulation program for solar
thermal heating systems The results are determined by a mathematical model calculation
with variable time steps of up to 6 minutes. Actual yields can deviate from these values due
to fluctuations in climate, consumption and other factors. The system schematic diagram
above does not represent and cannot replace a full technical drawing of the solar system.
Financial analysis
System
Active solar surface: 5 m²
System yield: 3,895.25 kWh
Annual fuel savings: 479.3 m³ Natural gas (H)
Financing
Total investments: 2,000 $
Subsidies: 0$
Loan capital: 0$
Remaining investment: 2,000 $
Financial analysis
Cost of solar energy: 0.071 $/kWh
Capital return time: 15.3 Years
Amortization period: 18.7 Years
Profitability
Return on assets: 140.9 %
Return on equity: 140.9 %
Internal rate of return rate, IRR: 3.17 %
Net present value: 142 $
Reinvestment premise
Profit: 1,510 $
Modified internal rate of return, MIRR: 2.85 %
Legend
1 Irradiation on collector surface (active) 10,477 kWh
1.1 Optical collector losses 3,164 kWh
1.2 Thermal collector losses 2,473 kWh
2 Energy from collector array 4,840 kWh
2.1 Solar energy to storage tank 4,086 kWh
2.5 Internal piping losses 680 kWh
2.6 External piping losses 73 kWh
3.1 Tank losses 715 kWh
3.4 Tank to space-heating 0 kWh
9 DHW energy from tank 4,055 kWh
10.1 Heat to HT heating. 0 kWh
10.2 Heat to LT heating. 0 kWh
Glossary
1 Irradiation on collector surface (active)
Solar energy irradiated onto tilted collector area (active surface area)
1.1 Optical collector losses
Reflection and other losses
1.2 Thermal collector losses
Heat conduction and other losses
2 Energy from collector array
Energy output at collector array outlet (i.e. before piping)
2.1 Solar energy to storage tank
Energy from collector loop to storage tank (minus piping losses)
2.5 Internal piping losses
Internal piping losses
2.6 External piping losses
External piping losses
3.1 Tank losses
Heat losses via surface area
3.4 Tank to space-heating
Heat from tank to HT/LT heating. For tanks with circulation, there is a solar
contribution and a contribution from the water mixed into the tank.
9 DHW energy from tank
Heat from tank (exluding circulation) for DHW consumption
10.1 Heat to HT heating.
Heat to high-temperature heating
10.2 Heat to LT heating.
Heat to low-temperature heating