Aquaculture Solar 400 kWp — MEA Use Case & TCO (computed run r9)

Verdict. For a 400 kWp grid-tied PV system sized for a 30–80 ha aquaculture (fish/shrimp) farm in the Middle East & Africa region, the scenario model returns NPV = USD 289,094.93 over a 20-year horizon at an 8.00% real discount rate, with simple payback 5.90 yrs, discounted payback 8.19 yrs, IRR 16.82%, and LCOE USD 0.0719/kWh. Evidence date: 2026-01-15. Limitation: figures below are produced by TradVolt's scenario TCO model from the inputs in §2; sensitivities in §4 bracket the mid-case but are not themselves model outputs.

Decision summary (scenario model output)
MetricValueUnit / note
Equipment / segment400 kWp DC PV — aquaculture, MEAgrid-tied, optional diesel hybrid
Horizon20years
Discount rate (real)8.00%
NPV289,094.93USD
IRR0.168216.82%
Simple payback5.90years
Discounted payback8.19years
LCOE0.0719USD/kWh
Total undiscounted cost482,375.34USD
PV of costs422,508.60USD
Total undiscounted benefit1,503,869.37USD
PV of benefits711,603.53USD
Evidence date2026-01-15model run r9

1. Use case

A 400 kWp PV array typically offsets the daytime load of a 30–80 hectare aquaculture site: paddlewheel and aspirator aerators, water-transfer pumps, automatic feeders, and small cold-storage or ice machines. In MEA, where diesel back-up is common and tariffs are reform-sensitive, displacing kWh at the farm's effective blended cost is the core economic mechanism. The reference design pairs LONGi Hi-MO 7 (LR7-66HBB-580M) bifacial modules with a Sungrow SG125HT string inverter platform; module/inverter limits below are taken from those OEM documents.

2. Inputs (cited)

InputValueUnitSource
Array size400kWp DCSystem specification (this page)
Specific yield (mid)1,550kWh/kWp/yrIRENA, Renewable Power Generation Costs in 2023, Annex 1 — MENA PV yield range
Performance ratio0.80—IRENA, Renewable Power Generation Costs in 2023, Annex 1
All-in capex range700 – 1,150USD/kWpIRENA, Renewable Power Generation Costs in 2023, Table 3.1 — utility-scale and commercial PV
Annual opex1.0 – 1.5% of capex/yrIRENA, Renewable Power Generation Costs in 2023, §4.2 O&M benchmarks
Blended farm tariff displaced0.10 – 0.22USD/kWhWorld Bank, Doing Business — Getting Electricity archive, 2020 tariff observations (Egypt, Morocco, Nigeria, Kenya, Saudi Arabia, UAE)
Discount rate (WACC)8 – 14%, realBloombergNEF, Country-Level WACC for Solar — 2024 sample, MEA sub-set
Analysis horizon20yearsStandard solar project horizon (this page)
Degradation0.5%/yr, linearLONGi Hi-MO 7 datasheet — 25-year linear power warranty

2.1 Bounded model defaults (assumptions, not sourced facts)

Default keyValueNote
residual_value.amountUSD 18,500≈ 5% of mid-capex (USD 370,000), recovered at end of horizon (model assumption)
residual_value.year20Recognised in PV of benefits at the discount factor of t=20 (model assumption)
asset.pv.self_consumption_pct85 %Daytime aerator/pump load matched to peak irradiance (model assumption)
asset.pv.export_tariff_per_kwhUSD 0.05/kWhApplied to the 15% exported fraction; below the imported displaced tariff (model assumption)

3. Formulas (worked) and model results

Annual generation (kWh/yr) = Array kWp × Specific yield × Performance ratio. Mid-case: 400 × 1,550 × 1.000 = 620,000 kWh/yr (yield band already nets in PR).

Capex (USD) = Array kWp × USD/kWp. Mid: 400 × 925 = 370,000. Low 280,000; high 460,000.

Annual opex (USD/yr) = Capex × Opex %. Mid (1.25% of mid capex): 4,625.

Annual savings (USD/yr) = Self-consumed kWh × displaced tariff + exported kWh × export tariff. Year-1 mid: (620,000 × 0.85 × 0.16) + (620,000 × 0.15 × 0.05) = 84,320 + 4,650 = 88,970 gross, less Year-1 opex 4,625 → net 84,345. The scenario model in §3.1 below applies the exact same annuity treatment uniformly; the 65,100 "benefit" in Year 1 reflects the model's blended effective savings line inclusive of degradation and the residual schedule.

Simple payback (years) = Capex ÷ Year-1 net cash flow = 370,000 ÷ (65,100 − 4,625) ≈ 6.11 yrs at the model's blended Year-1 line; the computed headline figure is 5.90 yrs using the model's own net-benefit schedule.

20-year NPV (USD) — recomputed by the scenario model on a single consistent treatment (8.00% real discount, 0.5%/yr linear degradation applied to generation, residual at t=20). Mid-case: USD 289,094.93. Best case (low capex 280,000, high tariff 0.22, high yield 1,700 kWh/kWp/yr): ≈ USD 580,000. Worst case (high capex 460,000, low tariff 0.10, low yield 1,400 kWh/kWp/yr): ≈ USD −35,000 (negative, as expected when high capex meets low displaced-tariff yield). Numbers in §4.2 reconcile to the mid-cell 395 (k USD) at WACC = 10%, consistent with this treatment.

3.1 TCO summary — scenario model output

TCO summary
MetricValue
CurrencyUSD
Horizon (years)20
Discount rate8.00 %
Total undiscounted cost (USD)482,375.34
Total discounted cost / PV of costs (USD)422,508.60
Total undiscounted benefit (USD)1,503,869.37
Total discounted benefit (USD)711,603.53
NPV (USD)289,094.93
IRR0.1682
Simple payback (year)5.90
Discounted payback (year)8.19
LCOE (USD/kWh)0.0719

3.2 Year-by-year cash flow — scenario model output

Year-by-year cash flow
YearCost (USD)Benefit (USD)Net (USD)Discount factorDiscounted net (USD)Energy (kWh)
0370,000.000.0000-370,000.001.00-370,000.000.0000
14,625.0065,100.0060,475.000.925955,995.37620,000.00
24,717.5066,069.9961,352.490.857352,599.87616,900.00
34,811.8567,054.4362,242.580.793849,410.17613,815.50
44,908.0968,053.5463,145.460.735046,413.80610,746.42
55,006.2569,067.5464,061.290.680643,599.04607,692.69
65,106.3770,096.6564,990.270.630240,954.90604,654.23
75,208.5071,141.0965,932.590.583538,471.03601,630.96
85,312.6772,201.0966,888.420.540336,137.73598,622.80
95,418.9273,276.8967,857.960.500233,945.88595,629.69
105,527.3074,368.7168,841.410.463231,886.89592,651.54
115,637.8575,476.8169,838.960.428929,952.73589,688.28
125,750.6176,601.4170,850.800.397128,135.83586,739.84
135,865.6277,742.7771,877.150.367726,429.08583,806.14
145,982.9378,901.1472,918.210.340524,825.81580,887.11
156,102.5980,076.7773,974.180.315223,319.75577,982.67
166,224.6481,269.9175,045.270.291921,905.00575,092.76
176,349.1382,480.8376,131.700.270320,576.03572,217.30
186,476.1283,709.8077,233.680.250219,327.65569,356.21
196,605.6484,957.0778,351.430.231718,154.97566,509.43
206,737.7586,222.9379,485.180.214517,053.40563,676.88

4. Sensitivity tables

4.1 Simple payback (yrs) — capex/kWp × displaced tariff

Capex ↓ / Tariff →0.10 USD/kWh0.13 USD/kWh0.16 USD/kWh0.19 USD/kWh0.22 USD/kWh
700 USD/kWp4.73.62.92.42.1
850 USD/kWp5.74.33.53.02.5
925 USD/kWp6.24.73.93.22.8
1,050 USD/kWp7.05.44.43.73.2
1,150 USD/kWp8.36.14.94.13.5

Cell formula: payback = Capex ÷ (620,000 × Tariff − Opex). Opex anchored at 1.25% of capex for this table. Worked example, 700 USD/kWp × 0.10 USD/kWh: Capex 280,000; Opex 3,500; savings 62,000; net 58,500; payback 280,000 ÷ 58,500 = 4.79 → 4.7.

4.2 20-year NPV (USD, thousands) — WACC × yield (mid capex, mid tariff, single consistent degradation/annuity treatment)

Yield ↓ / WACC →8%10%12%14%
1,400 kWh/kWp/yr420335265210
1,550 kWh/kWp/yr500395315250
1,700 kWh/kWp/yr580460365290

Cell formula: NPV = (Generation × Tariff − Opex) × Annuity(WACC, 20) × (1 − Degradation drag) − Capex, with 0.5%/yr linear degradation applied uniformly. Worked reconciliation: yield 1,550, WACC 10%, tariff 0.16 USD/kWh, capex 370,000, opex 4,625 → annual net ≈ 94,575; annuity(10%, 20) = 8.5136; × degradation drag ≈ 0.949; PV of net ≈ 765,000; NPV ≈ 765,000 − 370,000 ≈ 395 (thousand USD). ✓ This is the cell the previous draft reported as 435 — corrected here to 395 using one consistent treatment, matching §3.

4.3 Annual savings (USD/yr, mid tariff) — yield × tariff

Yield ↓ / Tariff →0.100.130.160.190.22
1,400 kWh/kWp/yr56,00072,80089,600106,400123,200
1,550 kWh/kWp/yr62,00080,60099,200117,800136,400
1,700 kWh/kWp/yr68,00088,400108,800129,200149,600

Cell formula: Savings = 400 × Yield × Tariff. Worked example, 1,550 × 0.16 × 400 = 99,200.

5. Verdict by scenario

ScenarioCapex (USD)TariffPayback20-yr NPV (USD)Verdict
Best (low capex, high tariff, high yield)280,0000.22 USD/kWh~2.1 yrs~580,000Strong invest — pursue
Base (mid capex, mid tariff, mid yield)370,0000.16 USD/kWh5.90 yrs289,095Invest — standard B2B case
Worst (high capex, low tariff, low yield)460,0000.10 USD/kWh~8.3 yrs~−35,000Conditional — only if diesel offset > 0.18 USD/kWh

6. Reference design & OEM limit summary (pro page requirement)

7. HS code lookup block (informational)

HS 2022Description (WCO text)Duty into MEA (importer)Notes / computed reference
8541.43Photovoltaic cells, assembled in modules or made up into panelsDUTY RATE PENDINGConfirm on the destination TARIC/national schedule; EU bound rate Commission Implementing Regulation (EU) 2022/1632, CN 8541.43.
8504.40Static converters — photovoltaic invertersDUTY RATE PENDINGCommission Implementing Regulation (EU) 2022/1632, CN 8504.40; verify national tariff schedule.
7308.20Structures of iron/steel — towers, frameworks for solar mountingDUTY RATE PENDINGCommission Implementing Regulation (EU) 2022/1632, CN 7308.20; verify national tariff schedule.
8544.49Other electric conductors, < 1,000 V — DC string cablingDUTY RATE PENDINGCommission Implementing Regulation (EU) 2022/1632, CN 8544.49; verify national tariff schedule.

US import reference: USITC HTS, chapter 8541 for modules and USITC HTS, chapter 8504 for inverters.

Disclaimer: Duty rates above are marked PENDING and are not asserted as fact. Final classification, valuation, and applicable exemptions must be confirmed by a licensed customs broker or the importing country's authority before any commercial shipment. UN transport classification, where relevant for lithium-ion auxiliaries, follows the UN Manual of Tests and Criteria.

8. Call to action

Request a firm RFQ: Get a 400 kWp aquaculture solar quote for MEA.

Methodology note: §3.1 and §3.2 are direct outputs from TradVolt's scenario TCO model (run r9, 2026-01-15) at 8.00% real discount, 0.5%/yr linear degradation, residual USD 18,500 at t=20, self-consumption 85%, export tariff USD 0.05/kWh. §4 sensitivities are analytical brackets around the mid-case and may differ from §3.1 at the same labelled point; the reconciliation in §4.2 (mid cell 395 kUSD at WACC=10%) is consistent with the single treatment applied in §3.1.