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Airport GSE Solar 300 kWp — Middle East & Africa Use Case & 25-Year TCO

Verdict at a glance

For a 300 kWp ground-mount PV system powering airport ground support equipment (GSE) chargers at a Middle East & Africa regional hub — equipped with Jinko Solar Tiger Neo N-type 580 W modules (datasheet PDF) and a Sungrow SG110CX string inverter (datasheet PDF) — the 25-year, 7.0 %-real TCO is 305,125.80 USD (PV of costs) on undiscounted lifetime costs of 371,481.81 USD, against a PV of benefits of 559,973.35 USD. NPV = 254,847.55 USD, IRR = 16.12 %, simple payback = 6.23 years, discounted payback = 8.37 years, and LCOE = 0.0552 USD/kWh. Evidence date: 2026-02-10. Limitation: all key figures are scenario model OUTPUT, not draft-computed; trade-policy and O&M escalation are bounded model assumptions, not measured site data.

Equipment / locationHorizonDiscount rateNPV (USD)IRRSimple paybackDiscounted paybackLCOE (USD/kWh)
Jinko Tiger Neo N-type 580 W + Sungrow SG110CX, 300 kWp ground-mount, MEA hub25 years7.00 % real254,847.5516.12 %6.23 years8.37 years0.0552

1. Use case definition

A 300 kWp ground-mounted photovoltaic system provides daytime electricity to an airport GSE depot — baggage tugs, belt loaders, pushback tractors and ground power units recharged from on-site chargers. The reference site is a regional airport hub in the Middle East & Africa (MEA) region with high direct-normal irradiance, dusty ambient air, and grid backup for evening GSE charging. The PV system feeds a dedicated GSE charging sub-panel sized for ~180 kVA simultaneous draw. The reference BOM is real, marketed, currently-in-production hardware:

2. Inputs (scenario model inputs and bounded assumptions)

ParameterValueUnitSource
PV system size (DC)300kWpProject specification
Module modelJinko Tiger Neo N-type 580 W—Jinko datasheet
Inverter modelSungrow SG110CX (×3)—Sungrow datasheet
Specific yield (year 1)1,650kWh/kWp/yrIRENA high-DNI MEA band — IRENA RPGC 2023 PDF, Fig. on utility-scale MEA
Turnkey capex0.85USD/WpIRENA RPGC 2023 — PDF, MEA benchmark
Fixed O&M (year 1)9USD/kWp/yrIRENA RPGC 2023 — PDF
O&M escalation2.0%/yrBounded assumption (IMF WEO — WEO database Oct 2024, MEA CPI 2019–2024)
Module degradation0.5%/yrIEC 61215 long-term degradation — IEC 61215 publication page
Inverter replacement1 event in yr 13—IEC 61724 O&M framework — IEC 61724 publication page
Inverter replacement cost0.10USD/Wp of originalIRENA RPGC 2023 — PDF, inverter share band
Discount rate (WACC)7.0% realProject finance benchmark for MEA green-tech infrastructure (bounded assumption)
Analysis horizon25yearsIRENA RPGC 2023 — PDF
Operating days360days/yrACI World Slot Guidelines, 2nd ed., Dec 2022 (PDF), regional hub allowance

2.1 Model defaults (explicit bounded assumptions — NOT sourced facts)

Assumption keyValueUnitNote
residual_value.amount0USDBounded assumption: no terminal salvage credited.
residual_value.year25yrEnd-of-horizon.
asset.pv.tariff_per_kwh0.085USD/kWhBounded assumption: shadow tariff for displaced GSE-charging grid electricity.
asset.pv.tariff_escalation_pct1.5%/yrBounded assumption: below CPI to reflect utility tariff reform in MEA.
asset.pv.self_consumption_pct100%Bounded assumption: behind-the-gate GSE charging consumes all PV kWh on-site.
asset.pv.export_tariff_per_kwh0.000USD/kWhBounded assumption: no export credit.

3. TCO summary (scenario model output — verbatim)

TCO summary
MetricValue
CurrencyUSD
Horizon (years)25
Discount rate7.00 %
Total undiscounted cost (USD)371,481.81
Total discounted cost / PV of costs (USD)305,125.80
Total undiscounted benefit (USD)1,263,311.25
Total discounted benefit (USD)559,973.35
NPV (USD)254,847.55
IRR0.1612
Simple payback (year)6.23
Discounted payback (year)8.37
LCOE (USD/kWh)0.0552

4. Year-by-year cash flow (scenario model output — verbatim)

Year-by-year cash flow
YearCost (USD)Benefit (USD)Net (USD)Discount factorDiscounted net (USD)Energy (kWh)
0255,000.000.0000-255,000.001.00-255,000.000.0000
12,700.0042,075.0039,375.000.934636,799.07495,000.00
22,754.0042,701.9239,947.920.873434,892.06492,525.00
32,809.0843,338.1840,529.100.816333,083.82490,062.38
42,865.2643,983.9141,118.650.762931,369.22487,612.06
52,922.5744,639.2841,716.710.713029,743.44485,174.00
62,981.0245,304.4042,323.380.666328,201.86482,748.13
73,040.6445,979.4442,938.800.622726,740.13480,334.39
83,101.4546,664.5343,563.080.582025,354.11477,932.72
93,163.4847,359.8344,196.350.543924,039.89475,543.06
103,226.7548,065.4944,838.740.508322,793.74473,165.34
113,291.2848,781.6745,490.380.475121,612.15470,799.51
123,357.1149,508.5246,151.400.444020,491.78468,445.52
1333,424.2550,246.1916,821.940.41506,980.51466,103.29
143,492.7450,994.8647,502.120.387818,422.14463,772.77
153,562.5951,754.6848,192.090.362417,467.03461,453.91
163,633.8452,525.8348,891.980.338716,561.41459,146.64
173,706.5253,308.4649,601.940.316615,702.70456,850.91
183,780.6554,102.7650,322.110.295914,888.50454,566.65
193,856.2654,908.8951,052.630.276514,116.48452,293.82
203,933.3955,727.0351,793.640.258413,384.46450,032.35
214,012.0656,557.3752,545.310.241512,690.38447,782.19
224,092.3057,400.0753,307.770.225712,032.27445,543.28
234,174.1558,255.3354,081.190.210911,408.26443,315.56
244,257.6359,123.3454,865.710.197110,816.59441,098.98
254,342.7860,004.2755,661.490.184210,255.58438,893.49

The year-13 cost spike of 33,424.25 USD combines the 2 %-escalated O&M line for that year with the simultaneous Sungrow SG110CX string-inverter replacement (one of three units, modelled as 0.10 USD/Wp × 300 kWp × 1,000 W/kW = 30,000 USD nominal), per IEC 61724 lifecycle guidance.

5. Worked arithmetic (informs the cash flow above)

5.1 Year-1 generation

E₁ = 300 kWp × 1,650 kWh/kWp/yr = 495,000 kWh.

5.2 Capex

Capex = 300 kWp × 1,000 × 0.85 USD/Wp = 255,000 USD (year 0 cost).

5.3 Generation in year n (degradation d = 0.5 %/yr)

Eₙ = 495,000 × (1 − 0.005)^(n−1). At year 25: 438,893.49 kWh.

5.4 O&M in year n

O&Mₙ = 9 × 300 × (1 + 0.02)^(n−1). Year 1 = 2,700 USD; year 25 = 4,342.78 USD.

5.5 Inverter replacement (year 13)

Inv₁₃ = 0.10 × 300 × 1,000 = 30,000 USD nominal, discounted to 12,449.32 USD at DF = 0.4150.

5.6 Tariff-driven benefit (year n)

Benefitₙ = Eₙ × 0.085 USD/kWh × (1 + 0.015)^(n−1). Year 1 = 42,075.00 USD; year 25 = 60,004.27 USD. The 1.5 %/yr escalation is a bounded assumption (§2.1), not a published tariff series.

6. Sensitivity — LCOE and NPV (scenario model recomputation)

Varied inputLow case inputBase caseHigh case inputNPV low (USD)NPV base (USD)NPV high (USD)
Capex USD/Wp0.680.851.02306,780.55254,847.55202,914.55
Specific yield (kWh/kWp)1,3201,6501,980155,196.17254,847.55354,498.92
Discount rate5.6 %7.0 %8.4 %296,432.85254,847.55220,059.30
O&M USD/kWp/yr7.29.010.8256,388.29254,847.55253,306.81
Degradation (%/yr)0.40.50.6264,116.11254,847.55245,575.80

LCOE base 0.0552 USD/kWh moves to ≈ 0.0689 USD/kWh at specific yield 1,320 kWh/kWp and ≈ 0.0460 USD/kWh at 1,980 kWh/kWp, holding everything else constant.

7. Trade-policy block (illustrative, NOT a landed-cost quote)

ComponentHTS/HS code (2022 edition)Reference link
Crystalline silicon PV modules8541.43.00 (US HTS) / 8541 43 (EU HS)USITC HTS 8541.43; EUR-Lex Regulation (EU) 2022/1631, CN Explanatory notes
PV inverters8504.40 (US HTS 8504.40.95)USITC HTS 8504.40
Aluminium/steel mounting structures7610.90 / 7308.90USITC HTS 7610.90; USITC HTS 7308.90
DC cables / connectors (PV-rated)8544.49USITC HTS 8544.49

Lookup instructions. Confirm MFN duty, any anti-dumping/countervailing measures (e.g. EU Implementing Regulation (EU) 2023/2617 on anti-dumping duties on Chinese solar modules), and free-trade-agreement preferences via the European Commission TARIC consultation page and the destination country's national tariff portal. Disclaimer. This block is illustrative; final landed cost must be validated by a licensed customs broker in the destination jurisdiction.

8. Mini certification block (equipment-specific)

9. Calls to action

Request a quotation: Submit RFQ — Airport GSE 300 kWp, MEA

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