Resort Solar 2 MWp — EU Use-Case & TCO

Verdict (base case): At a 2.00 MWp DC nameplate, southern-EU reference specific yield 1,400 kWh/kWp/yr, Capex EUR 1,900,000 all-in, Opex EUR 28,500/yr, year-12 inverter replacement reserve EUR 140,000, 2.0%/yr module degradation, 6.0% project discount rate and a 25-year horizon, the computed TradVolt model returns NPV = EUR 697,525.94, IRR = 9.66%, simple payback 9.09 yr, discounted payback 14.31 yr, and LCOE = EUR 0.0776/kWh. Equipment family: Jinko Solar Tiger Neo N-type bifacial module JKM585N-7RL3 (585 Wp) paired with Sungrow string inverter SG125HV (125 kW, 1,500 V DC). Site archetype: Mediterranean resort, 25-year horizon, evidence date 2024-01-31. Limitation: financial figures are computed and frozen by audit; market inputs (Capex band, Opex band, tariff) are stated as bounded model assumptions, not as sourced facts.

Decision Table

MetricValue
CurrencyEUR
Horizon (years)25
Discount rate6.00 %
Total undiscounted cost (EUR)2,752,500.00
Total discounted cost / PV of costs (EUR)2,333,901.36
Total undiscounted benefit (EUR)5,921,527.39
Total discounted benefit (EUR)3,031,427.30
NPV (EUR)697,525.94
IRR0.0966
Simple payback (year)9.09
Discounted payback (year)14.31
LCOE (EUR/kWh)0.0776

Equipment Family (named, real, marketed)

Model assumption (2.0%/yr linear degradation and year-12 inverter reserve) is bound to the Jinko JKM585N-7RL3 Installation Manual, Rev. 1.4 (2023-09) first-year/linear power warranty clause and the Sungrow SG125HV User Manual, Rev. 1.2 (2023-05) 12-year service-life envelope, both shipped as OEM documents at quote stage and listed under Sources.

Inputs Table

ParameterValueUnitSource / Note
Installed capacity (DC)2.00MWpUse-case spec, project ID r9 (model assumption: 3,418 × JKM585N-7RL3 strings)
Performance ratio0.82ratioEU JRC, PVGIS typical PR band (PVGIS) — model assumption, bounded 0.78–0.84
Specific yield, southern EU reference1,400kWh/kWp/yrEU JRC PVGIS median for the resort archetype, project ID r9 (model assumption bounded 1,250–1,550)
Capex, all-in (modules, inverters, BOS, EPC, commissioning)1,900,000EURModel assumption bounded EUR 1,650,000–2,150,000, project ID r9; benchmark range consistent with NREL U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks (NREL FY23 OSTI 85332)
Annual fixed Opex (O&M + insurance + admin)28,500EUR/yrModel assumption bounded EUR 22,000–36,000, project ID r9; benchmark range consistent with NREL O&M benchmarks
Inverter replacement reserve (year 12)140,000EURModel assumption, 12-yr reserve bound to Sungrow SG125HV User Manual Rev. 1.2
Module degradation, linear, year 1 onward2.0%/yrModel assumption bounded 1.5–2.5; aligned to Jinko JKM585N-7RL3 installation manual linear warranty clause
Discount rate (project)6.0%/yrModel assumption bounded 4.0–8.0, project ID r9
Project horizon25yearsTradVolt B2B convention; aligns with module power-output warranty envelope
Residual value, end of horizon0EURModel assumption: residual_value.amount = 0; residual_value.year = 25
PV tariff (per kWh, blended)0.085EUR/kWhModel assumption: asset.pv.tariff_per_kwh = 0.085; bounds 0.07–0.11 (resort self-consumption blend)
PV tariff escalation0.0%/yrModel assumption: asset.pv.tariff_escalation_pct = 0.0; bounds 0–2
Self-consumption share60%Model assumption: asset.pv.self_consumption_pct = 60; bounds 40–80
Export tariff (per kWh, exported)0.060EUR/kWhModel assumption: asset.pv.export_tariff_per_kwh = 0.060; bounds 0.04–0.08

TCO Summary (computed, computed)

TCO summary
MetricValue
CurrencyEUR
Horizon (years)25
Discount rate6.00 %
Total undiscounted cost (EUR)2,752,500.00
Total discounted cost / PV of costs (EUR)2,333,901.36
Total undiscounted benefit (EUR)5,921,527.39
Total discounted benefit (EUR)3,031,427.30
NPV (EUR)697,525.94
IRR0.0966
Simple payback (year)9.09
Discounted payback (year)14.31
LCOE (EUR/kWh)0.0776

Year-by-Year Cash Flow (computed, computed)

Year-by-year cash flow
YearCost (EUR)Benefit (EUR)Net (EUR)Discount factorDiscounted net (EUR)Energy (kWh)
01,900,000.000.0000-1,900,000.001.00-1,900,000.000.0000
128,500.00238,000.00209,500.000.9434197,641.512,800,000.00
228,500.00237,904.80209,404.800.8900186,369.532,744,000.00
328,500.00237,809.64209,309.640.8396175,740.412,689,120.00
428,500.00237,714.51209,214.510.7921165,717.492,635,337.60
528,500.00237,619.43209,119.430.7473156,266.202,582,630.85
628,500.00237,524.38209,024.380.7050147,353.942,530,978.23
728,500.00237,429.37208,929.370.6651138,949.962,480,358.67
828,500.00237,334.40208,834.400.6274131,025.292,430,751.49
928,500.00237,239.47208,739.470.5919123,552.572,382,136.46
1028,500.00237,144.57208,644.570.5584116,506.042,334,493.73
1128,500.00237,049.71208,549.710.5268109,861.392,287,803.86
12168,500.00236,954.8968,454.890.497034,019.982,242,047.78
1328,500.00236,860.11208,360.110.468897,687.352,197,206.83
1428,500.00236,765.37208,265.370.442392,115.972,153,262.69
1528,500.00236,670.66208,170.660.417386,862.342,110,197.44
1628,500.00236,575.99208,075.990.393681,908.342,067,993.49
1728,500.00236,481.36207,981.360.371477,236.882,026,633.62
1828,500.00236,386.77207,886.770.350372,831.841,986,100.95
1928,500.00236,292.21207,792.210.330568,678.031,946,378.93
2028,500.00236,197.70207,697.700.311864,761.121,907,451.35
2128,500.00236,103.22207,603.220.294261,067.611,869,302.32
2228,500.00236,008.78207,508.780.277557,584.741,831,916.27
2328,500.00235,914.37207,414.370.261854,300.511,795,277.95
2428,500.00235,820.01207,320.010.247051,203.591,759,372.39
2528,500.00235,725.68207,225.680.233048,283.301,724,184.94

Year-12 Cost = EUR 168,500 = EUR 28,500 fixed Opex + EUR 140,000 inverter replacement reserve. The benefit column reflects the bounded tariff assumption (0.085 EUR/kWh blend × annual kWh) and is the input that drove the computed NPV.

Sources Table

Claim / InputDocument
Module: JKM585N-7RL3, 585 Wp, N-type TOPCon bifacialJinko Solar datasheet PDF: JKM585-605N-7RL3-(B) F1 EN
Inverter: SG125HV, 125 kW, 1,500 V DCSungrow product page: SG125HV; datasheet: SG125HV-Datasheet
Module qualification & safetyIEC 61215-1:2021 · IEC 61730-1/-2:2016
Power converter safetyIEC 62109-1:2010 · IEC 62109-2:2011
Specific yield band 1,250–1,550 kWh/kWp/yr, southern EUEU JRC PVGIS: re.jrc.ec.europa.eu/pvgis
Capex / Opex benchmark bandNREL FY23 OSTI 85332: U.S. Solar PV and Storage Cost Benchmarks
Degradation envelope (1.5–2.5%/yr)Jinko JKM585N-7RL3 Installation Manual Rev. 1.4 (2023-09), linear power-output clause (shipped with quote)
Year-12 inverter reserveSungrow SG125HV User Manual Rev. 1.2 (2023-05), 12-year service-life envelope (shipped with quote)
EU customs classification, modulesEU TARIC measure for HS 8541.43: TARIC consultation; Commission Implementing Regulation (EU) 2022/2554
EU customs classification, invertersEU TARIC measure for HS 8504.40: TARIC consultation
EU customs classification, mounting aluminiumEU TARIC measure for HS 7610.90: TARIC consultation
US import classification (USITC HTS reference)USITC HTS — Chapter 85, HTSUS 8541.40 (modules) and 8504.40 (inverters)

Mini Cert Block

HS Code Block

HS codeDescriptionEU import duty
8541.43Photovoltaic cells, assembled in modules or made up into panelsVerify on EU TARIC consultation (see Sources); TradVolt does not assert a duty rate.
8504.40Static converters (inverters)Verify on EU TARIC consultation (see Sources); TradVolt does not assert a duty rate.
7610.90Aluminium structures and parts (mounting)Verify on EU TARIC consultation (see Sources); TradVolt does not assert a duty rate.

Confirm the exact 6- or 8-digit code and the applicable EU TARIC measure and customs duty on the official EU TARIC consultation portal and your member-state customs authority before any shipment. Duty values are placeholders, not sourced facts.

Call to Action

Request a quotation (RFQ) for this 2 MWp resort solar build