Exergy, Energy, and Dynamic Parameter Analysis of Indigenously Developed Low-Concentration Photovoltaic System

Table 6

Cost of various components of LCPV system (≈1 kW_P) to find initial investment cost (numbers provided here are in accordance with the current market price)*.

Components	Module	BOS
		Battery	Charge controller	Support structure	Tracker	Cabling
Cost (in US$)	206	800	48	320	590	120
Total initial investment cost (in US$)						2084

∗The price is based on market survey, which may vary depending on specific location or company.