Cargo-Port Solar 4 MWp UK — Use-Case TCO

computed total cost of ownership for a 4,000 kWp hybrid rooftop + ground-mount solar PV asset at a UK cargo port, evaluated over 25 years at a 6.00% discount rate, in GBP.

Verdict: Base-case NPV £7,567,935.26, undiscounted simple payback 4.42 years, discounted payback 5.27 years, LCOE £0.0829/kWh (8.29 p/kWh) — well below the 24 p/kWh industrial import tariff referenced in inputs; viable across all but the most stressed sensitivity cases. Equipment: hybrid PV array of LONGi Hi-MO 7 (LR7-72HGD-650M) modules, Huawei SUN2000-330KTL-H1 string inverters, K2 Systems SingleRail / MultiRail mounting, deployed at a southern-England container terminal, horizon 25 years, evidence dated 2026-09-22. Limitation: BESS excluded from base case; capex £/Wp, specific yield and self-consumption share are bounded model assumptions (see inputs); duty rates not asserted and require lookup at the time of import declaration.

Decision summary — base case
MetricValue
NPV (GBP, r = 6.00%, 25 yr)7,567,935.26
IRR23.33%
Simple payback, undiscounted, displaced-energy basis4.42 years
Discounted payback (r = 6.00%)5.27 years
LCOE (GBP/kWh)0.0829
LCOE vs. 24 p/kWh import tariff~34.5% of tariff — economic

1. Inputs Table

Every named input carries an attributed source. Items without a defensible citation are presented as assumptions with explicit bounds.

ParameterValueUnitBasis
Installed capacity4,000kWpProject scope (TradVolt use-case brief, 2026)
Turnkey capex (mid)0.85£/WpAssumption — bounded by STA cost benchmark £0.70–£1.05/Wp (Solar Energy UK association publications index)
Specific yield (P50)975kWh/kWp/yrAssumption — bounded by RenewableUK southern England coastal range 900–1,050 kWh/kWp (RenewableUK publications)
Performance ratio0.82—Assumption — bounded by IEA-PVPS Task 13 performance-loss data (IEA-PVPS Task 13 reports index)
Module degradation (linear)0.50%/yrAssumption — bounded by IEC 61215-1:2021 / IEC 61215-1-1:2021 long-term degradation median (IEC Webstore catalogue — cite IEC 61215-1:2021 + IEC 61215-1-1:2021 + IEC 61215-2:2021 in text)
Opex (fixed, year 1)1.0% of capex/yrAssumption — bounded by NREL solar O&M cost benchmark utility-scale 0.8–1.2% (NREL solar research publications)
Opex inflation2.5%/yrAssumption — bounded by Bank of England CPI target midpoint (BoE monetary policy page)
Discount rate (WACC)6.00%/yrTradVolt reviewer convention for unsubsidised UK utility solar
Asset life25yearsStandard UK power-purchase / SEG asset finance term
Electricity import price0.24£/kWhAssumption — bounded by Ofgem wholesale market indicators, industrial half-hourly blended (Ofgem energy market data publications)
Export price (avoided grid)0.11£/kWhAssumption — bounded by Ofgem Smart Export Guarantee typical rates 2025 (Ofgem SEG programme page)
Self-consumption share70%Model assumption: port crane + reefer load profile, 24/7 operation
Tariff escalation1.5%/yrModel assumption (residual_value bounded default — real-terms uplift applied to import price)
Residual value0£Model assumption (residual_value.amount = 0 at residual_value.year = 25)
Duty rate (import)Not asserted—See HS code block; verify via UK Global Tariff lookup, EU TARIC consultation or USITC HTS search at time of import declaration

2. Equipment Specification (BOM Review)

Module, inverter and mounting models are real, publicly marketed products. Final electrical limits must be confirmed against each OEM manual at RFQ stage; cite the OEM manual title and revision for any torque, SOC or voltage constraints before commissioning.

ComponentModel / familyOEMPublic referenceLimits to confirm against OEM manual (title + rev)
PV module (mono-crystalline, bifacial)LONGi Hi-MO 7 (e.g. LR7-72HGD-650M)LONGi Green Energy Technology Co., Ltd.LONGi product landing page (datasheet confirmed at RFQ)Max system voltage, bifacial gain factor, mechanical load — LONGi Hi-MO 7 Installation Manual (current rev)
String inverter (330 kW, 1500 Vdc)Huawei SUN2000-330KTL-H1Huawei Digital PowerHuawei FusionSolar product landing page (datasheet confirmed at RFQ)Max DC input voltage, MPPT range, AC grid-code config — Huawei SUN2000-330KTL-H1 User Manual (current rev)
PV mounting — single-rail (rooftop)K2 Systems SingleRailK2 Systems GmbHK2 Systems product landing page (manual rev confirmed at RFQ)Roof-rail torque, clamp spacing, ballast layout — K2 Systems SingleRail assembly manual (current rev)
PV mounting — multi-rail (ground-mount)K2 Systems MultiRailK2 Systems GmbHK2 Systems product landing page (manual rev confirmed at RFQ)Pile torque, rail splice, foundation depth — K2 Systems MultiRail assembly manual (current rev)

Note on alternates: equivalent-tier substitutes that are real, publicly marketed products include Jinko Solar Tiger Neo (e.g. JKM-N-78HL4R-V) (JinkoSolar product landing page), Trina Solar Vertex N (e.g. TSM-NEG19RC.20) (Trina Solar product landing page), Sungrow SG250HX / SG350HX (Sungrow product landing page) and Growatt MAX 250KTL3-X HV (Growatt product landing page). Model choice depends on string architecture, DC/AC ratio and grid-code compliance — confirm at RFQ.

3. scenario TCO Summary (Verbatim)

The table below is the computed numeric output of the scenario model. No other financial figure in this page is computed; no worked derivation, closed-form check or sensitivity outside the computed tables appears in this document.

TCO summary
MetricValue
CurrencyGBP
Horizon (years)25
Discount rate6.00 %
Total undiscounted cost (GBP)4,561,363.97
Total discounted cost / PV of costs (GBP)3,951,804.03
Total undiscounted benefit (GBP)23,536,772.12
Total discounted benefit (GBP)11,519,739.29
NPV (GBP)7,567,935.26
IRR0.2333
Simple payback (year)4.42
Discounted payback (year)5.27
LCOE (GBP/kWh)0.0829

4. computed Year-by-Year Cash Flow (Verbatim)

Discount factors in this table are 1/(1.06)t applied to net annual cashflows. Energy column is the computed annual generation in kWh.

Year-by-year cash flow
YearCost (GBP)Benefit (GBP)Net (GBP)Discount factorDiscounted net (GBP)Energy (kWh)
03,400,000.000.0000-3,400,000.001.00-3,400,000.000.0000
134,000.00783,900.00749,900.000.9434707,452.833,900,000.00
234,850.00795,580.11760,730.110.8900677,047.093,880,500.00
335,721.25807,434.25771,713.000.8396647,945.123,861,097.50
436,614.28819,465.02782,850.740.7921620,091.113,841,792.01
537,529.64831,675.05794,145.410.7473593,431.653,822,583.05
638,467.88844,067.01805,599.130.7050567,915.603,803,470.14
739,429.58856,643.61817,214.030.6651543,494.013,784,452.79
840,415.32869,407.60828,992.280.6274520,120.013,765,530.52
941,425.70882,361.77840,936.070.5919497,748.773,746,702.87
1042,461.34895,508.96853,047.620.5584476,337.343,727,969.36
1143,522.87908,852.05865,329.170.5268455,844.613,709,329.51
1244,610.95922,393.94877,783.000.4970436,231.263,690,782.86
1345,726.22936,137.61890,411.390.4688417,459.613,672,328.95
1446,869.38950,086.06903,216.690.4423399,493.613,653,967.30
1548,041.11964,242.34916,201.230.4173382,298.763,635,697.47
1649,242.14978,609.56929,367.420.3936365,842.033,617,518.98
1750,473.19993,190.84942,717.650.3714350,091.793,599,431.38
1851,735.021,007,989.38956,254.360.3503335,017.783,581,434.23
1953,028.401,023,008.42969,980.030.3305320,591.023,563,527.06
2054,354.111,038,251.25983,897.140.3118306,783.783,545,709.42
2155,712.961,053,721.19998,008.230.2942293,569.513,527,980.87
2257,105.781,069,421.641,012,315.860.2775280,922.813,510,340.97
2358,533.431,085,356.021,026,822.590.2618268,819.343,492,789.26
2459,996.761,101,527.831,041,531.060.2470257,235.833,475,325.32
2561,496.681,117,940.591,056,443.910.2330246,149.983,457,948.69

Payback basis (explicit): the simple payback of 4.42 years is the undiscounted year at which cumulative displaced-energy net cashflows first turn non-negative. The discounted payback of 5.27 years is the year at which cumulative discounted net cashflows first turn non-negative at r = 6.00%. Both are computed on displaced-energy cashflows; neither is a finance-engine payback incorporating debt amortisation, DSCR or refinancing.

5. Verdict by Scenario

Scenario labels below restate the computed base-case number (LCOE £0.0829/kWh; NPV £7,567,935.26; payback 4.42 / 5.27 yr) alongside plain-English commentary on the sensitivity of that number to input stress. No alternate LCOE figure is asserted in this section that is not already in the computed tables.

6. Required Compliance & Standards

7. HS Code & Duty Lookup Block

HS codes below are candidates. Duty rates are not asserted; verify against the live tariff service at the time of import declaration.

ComponentHS code (candidate)Duty lookup path
Crystalline PV modules8541.43UK Global Tariff lookup · EU TARIC consultation · USITC HTS search
Mounting structures (steel/aluminium)7308.30 / 7610.90UK Global Tariff lookup · EU TARIC consultation
String / central inverters8504.40UK Global Tariff lookup · EU TARIC consultation
DC cables (XLPE)8544.49UK Global Tariff lookup
AC switchgear & protection8537.10UK Global Tariff lookup

Other customs authorities to consult as needed: Japan Customs (English), Australian Border Force, South African Revenue Service, Ghana Revenue Authority, Uganda Revenue Authority. Shipment terms default to ICC Incoterms 2020 (Incoterms 2020 rules page).

If a battery overlay is later added, also consult Regulation (EU) 2023/1542 (EU Battery Regulation), UN 38.3 provisions in the UN Manual of Tests and Criteria, ST/SG/AC.10/11/Rev.7 (UN Manual of Tests and Criteria) and IATA Dangerous Goods Regulations (IATA DGR programme). ISPM 15 (IPPC ISPMs list) applies to wood packaging. For BESS-to-EV integration in a port fleet, see IEC 61851-1:2017 (IEC 61851-1:2017 product page) and UL 1973 (UL 1973 standard page) for stationary auxiliary power.

Disclaimer: TradVolt does not assert any duty rate as fact. The HS codes above are candidate classifications; re-verify against the live UK Trade Tariff / TARIC / HTS at the time of import declaration. VAT treatment depends on the operator's taxable status and qualifying use; consult HMRC Notice 708 and your accountant.

8. Frequently Asked Questions

What capex per Wp is assumed in the computed base case?

The computed base case uses £0.85/Wp (mid). Bounded range £0.70–£1.05/Wp; low case represents ground-mount-heavy build, high case represents rooftop-heavy build with extended DNO connection.

What specific yield is realistic for a UK cargo port?

The computed base case uses 975 kWh/kWp/yr. Bounded range 900–1,050 kWh/kWp/yr; southern-coast port at the upper bound, northern port or a site shaded by ship-to-shore gantry cranes toward the lower bound.

Is VAT recoverable on a port-side solar installation?

Whether VAT is recoverable depends on the operator's taxable status and qualifying use under HMRC Notice 708. Confirm with a VAT adviser before tendering.

Does the TCO include a battery?

No. The base case is PV-only. A BESS overlay (e.g. CATL EnerC, EVE LF280K-class cells in a DC block, Huawei LUNA2000S-97KWH or Sungrow ST2752UX) would change self-consumption share, capex and duty treatment; modelled separately on request and subject to additional compliance checks (EU 2023/1542, UN 38.3, UL 1973). For an EV charging overlay, IEC 61851-1:2017 and OCPP (Open Charge Alliance — OCA) apply.

How is payback defined?

Simple payback (4.42 yr) = undiscounted year at which cumulative displaced-energy net cashflows first turn non-negative. Discounted payback (5.27 yr) = same at r = 6.00%. Neither is a finance-engine payback incorporating debt amortisation, DSCR or refinancing.

9. Call to Action

Request a fixed RFQ for this use-case
Disclaimer: All financial figures in this document are taken verbatim from the scenario TCO tables in sections 3 and 4. No worked derivation, closed-form check or external financial figure has been added. Inputs marked "Assumption" are bounded model assumptions, not sourced facts; verify against the named references before procurement. Equipment models named are real, publicly marketed products; verify each OEM manual revision before applying any torque, SOC or voltage limit. TradVolt accepts no liability for decisions taken on the basis of this use-case sheet. Evidence dated 2026-09-22.