International Journal of Science, Engineering and TechnologyAuthors: Er.Gurpreet kaur, Er.Kawalpreet singh, Er.Kirandeep kaur
Abstract: The accelerating shift toward sustainable energy frameworks has significantly increased the adoption of renewable technologies, among which solar photovoltaic (PV) systems have become a major pathway for achieving decarbonization objectives. This paper presents a comprehensive techno-economic analysis of solar PV systems, focusing on their working principles, technologies, performance characteristics, and economic viability. Various PV configurations such as grid-connected, stand-alone, rooftop, ground-mounted, and floating solar PV systems are discussed. The study also highlights recent advancements including bifacial modules, micro inverters, tracking systems, and floating solar PV. An overview of the Indian power sector and renewable energy scenario is presented to assess the role of solar PV in achieving sustainable development goals. The results indicate that despite high initial costs, solar PV systems offer long-term economic and environmental benefits, making them a viable solution for a sustainable energy future.
DOI: http://doi.org/10.5281/zenodo.18398909
