Techno-economic assessment of implementing photovoltaic water villas in Maldives

Abstract

Solar energy is considered to be an effective measure to alleviate the shortage of power supply in the Maldives. In this paper, a roof photovoltaic (PV) system integrated into water villas in the Maldives was investigated. Three islands—Ayada Maldives, Angaga Island Resort, and JA Manafaru, located in the southern, central, and northern parts of Maldives—were selected for a case study. The potential of PV installations in Ayada Maldives, Angaga Island Resort, and JA Manafaru reaches 1,410, 445, and 742 kW, with corresponding annual power generation of 2.04, 0.64, and 1.12 GWh, respectively. The profits over the life cycle of 25 years of the above three studied islands are 4.86, 1.52, and 2.90 million USD, respectively, with payback periods in the range of 6–7 years.