Research Article

Competitiveness Level of Photovoltaic Solar Systems in Ouagadougou (Burkina Faso): Study Based on the Domestic Electric Meters Calibration

Table 4

Financial viability parameters simulated by RETScreen. Project lifetime was set at 25 years.

Financial viabilityWemtengaDassasgho 01Dassasgho 02Dassasgho 03Zogona

IRR-equity (%)8.63.531.5−4.7−6.1
Simple payback (years)16.921.28.230.231.8
Equity payback (years)14.420.53.7>project>project
NPV
 FCFA208340−225268491367−385479−668860
 Euro1317.8−343.6749.5−588.0−1020.3

With 1 Euro = 656.576 FCFA as currencies conversion chosen.