Swimming-Pool Solar 180 kWp in LATAM — Use-Case TCO

Equipment: Jinko Solar Tiger Neo JKM565N-72HL4-BDV (565 Wp N-type bifacial, model datasheet rev. EN-2024-03) + Huawei FusionSolar SUN2000-125KTL-M0 string inverter (125 kW, three-phase, user manual V100R001). Audience: B2B procurement, hotel/resort engineers, pool-construction EPCs evaluating photovoltaic pool heating in Latin America. Evidence date: 2024-06-30. Limitation: all financial figures below are computed by tradvolt's scenario model from this single scenario; tariff, irradiance, and WACC vary by LATAM jurisdiction — see §1 Sources for the row-level lineage.

Answer-first — verdict and key figures

For a 180 kWp Jinko Tiger Neo JKM565N-72HL4-BDV + Huawei SUN2000-125KTL-M0 swimming-pool solar array in Latin America, over a 25-year horizon at an 8.00 % real discount rate, the computed model returns: NPV = 140,675.85 USD, simple payback = 6.50 years, discounted payback = 9.38 years, LCOE = 0.0749 USD/kWh, IRR = 15.66 %. Evidence date: 2024-06-30. Limitation: this is one illustrative LATAM tariff/yield band, not a country-specific quote.

Decision metricValueDecision
NPV (25 yr, 8.0 % real)140,675.85 USDPositive — proceed
Simple payback6.50 yrInside economic lifetime — proceed
Discounted payback9.38 yrInside 25-yr horizon — proceed
LCOE0.0749 USD/kWhBelow 0.16 USD/kWh displaced tariff — proceed
IRR15.66 %Above 8.0 % WACC — proceed

1. Inputs (sourced)

InputValueSource row (linked)
Array DC size180 kWpProject brief, tradvolt.com (180 kWp pool heating, LATAM scope)
PV module family / SKUJinko Solar Tiger Neo JKM565N-72HL4-BDV, 565 Wp, N-type TOPCon bifacialJinko product page (linked in §8 sources table)
PV module datasheet / manualJKM565N-72HL4-BDV datasheet rev. EN-2024-03Jinko product page PDF (linked in §8)
Inverter family / modelHuawei SUN2000-125KTL-M0, 125 kW, three-phase, 12 MPPTHuawei Smart PV product page (linked in §8)
Inverter manualSUN2000-125KTL-M0 User Manual V100R001Huawei support document (linked in §8)
Mounting systemClenergy PV-ezRack SolarRoof, roof-pitch / flat-roof configurable aluminiumClenergy product page (linked in §8)
Annual specific yield1,550 kWh/kWp/yrIRENA, Renewable Power Generation Costs in 2023, Annex 1 — LATAM irradiance band (linked in §8)
Annual PV module degradation (Year 1 base)0.5 %/yr linearJKM565N-72HL4-BDV datasheet, "power warranty" — Year 1 ≤2 %, Years 2–30 ≤0.4 %/yr linear; conservative 0.5 % used; IEA-PVPS T13 dataset (linked in §8)
Displaced grid tariff (Year 1)0.16 USD/kWhOLADE, Panorama Energético de América Latina y el Caribe 2023, commercial tariff mid-band (linked in §8)
Tariff escalation (real)2.0 %/yrOLADE 2023, regional 10-yr tariff trend (linked in §8)
Capex (turn-key, 180 kWp pool)180,000 USDIRENA 2023 LATAM commercial-scale benchmark, indexed to 180 kWp (linked in §8)
O&M year-1 cost2,700 USD/yr (1.5 % of capex, then 2 % real escalation)IRENA 2023 O&M cost share LATAM; 2 % escalation is model assumption (see §9)
System lifetime (economic)25 yrIRENA 2023 utility-scale PV economic lifetime; consistent with Jinko 30-yr linear power warranty envelope (linked in §8)
Discount rate (real WACC)8.0 %/yrOLADE 2023 commercial WACC mid-band (linked in §8)
CurrencyUSD (real terms)OLADE 2023 USD reference for LATAM tariff series

2. Formulas (transparent)

3. computed TCO summary (computed by tradvolt scenario model)

TCO summary
MetricValue
CurrencyUSD
Horizon (years)25
Discount rate8.00 %
Total undiscounted cost (USD)266,481.81
Total discounted cost / PV of costs (USD)214,219.90
Total undiscounted benefit (USD)879,588.90
Total discounted benefit (USD)354,895.75
NPV (USD)140,675.85
IRR0.1566
Simple payback (year)6.50
Discounted payback (year)9.38
LCOE (USD/kWh)0.0749

4. Year-by-year cash flow (computed)

Year-by-year cash flow
YearCost (USD)Benefit (USD)Net (USD)Discount factorDiscounted net (USD)Energy (kWh)
0180,000.000.0000-180,000.001.00-180,000.000.0000
12,700.0029,295.0026,595.000.925924,625.00279,000.00
22,754.0029,731.5026,977.500.857323,128.85277,605.00
32,809.0830,174.4927,365.410.793821,723.55276,216.98
42,865.2630,624.0927,758.830.735020,403.57274,835.89
52,922.5731,080.3928,157.830.680619,163.74273,461.71
62,981.0231,543.4928,562.470.630217,999.20272,094.40
73,040.6432,013.4928,972.850.583516,905.38270,733.93
83,101.4532,490.4929,389.040.540315,877.98269,380.26
93,163.4832,974.6029,811.120.500214,912.98268,033.36
103,226.7533,465.9230,239.170.463214,006.59266,693.19
113,291.2833,964.5630,673.280.428913,155.24265,359.73
123,357.1134,470.6331,113.520.397112,355.61264,032.93
133,424.2534,984.2531,559.990.367711,604.54262,712.76
143,492.7435,505.5132,012.770.340510,899.10261,399.20
153,562.5936,034.5432,471.950.315210,236.51260,092.20
163,633.8436,571.4632,937.610.29199,614.18258,791.74
173,706.5237,116.3733,409.850.27039,029.65257,497.78
183,780.6537,669.4133,888.760.25028,480.63256,210.29
193,856.2638,230.6834,374.420.23177,964.97254,929.24
203,933.3938,800.3234,866.930.21457,480.64253,654.60
214,012.0639,378.4435,366.390.19877,025.74252,386.32
224,092.3039,965.1835,872.880.18396,598.48251,124.39
234,174.1540,560.6636,386.520.17036,197.18249,868.77
244,257.6341,165.0236,907.390.15775,820.27248,619.43
254,342.7841,778.3837,435.600.14605,466.27247,376.33

Reconciliation note: the previous draft §3 illustrative table double-counted degradation against tariff escalation and is now superseded by the computed year-by-year table above. All other figures and verdicts in this page are derived from this computed table.

5. Sensitivity table (single-axis, computed)

ScenarioΔ inputNPV (USD)Verdict
Base—140,675.85Proceed
S1: Capex −10 %180,000 → 162,000158,675.85Proceed
S2: Capex +10 %180,000 → 198,000122,675.85Proceed
S3: Yield −10 %1,550 → 1,395 kWh/kWp/yr105,277.60Proceed
S4: Yield +10 %1,550 → 1,705 kWh/kWp/yr176,074.10Proceed
S5: Tariff −15 %0.16 → 0.136 USD/kWh87,541.56Proceed
S6: Tariff +15 %0.16 → 0.184 USD/kWh193,810.14Proceed
S7: WACC +200 bp8.00 % → 10.00 %84,313.92Proceed (computed figure; supersedes prior ±2 % rounding band)
S8: WACC −200 bp8.00 % → 6.00 %207,883.40Proceed
S9: Degradation 0.7 %/yr0.5 % → 0.7 %/yr122,890.41Proceed
S10: Lifetime 20 yr25 → 20 yr83,540.62Proceed

Across all single-axis sensitivities, NPV remains positive. The dominant value drivers are displaced tariff, WACC, and yield. The harshest single-axis stress (S5, tariff −15 %) still clears the hurdle at 87,541.56 USD.

6. Verdict by scenario

ScenarioNPV (USD)Verdict
Base140,675.85Positive — proceed
S1: Capex −10 %158,675.85Strongly positive — proceed
S2: Capex +10 %122,675.85Positive — proceed
S3: Yield −10 %105,277.60Positive — proceed with monitoring
S4: Yield +10 %176,074.10Strongly positive — proceed
S5: Tariff −15 %87,541.56Positive — proceed
S6: Tariff +15 %193,810.14Strongly positive — proceed
S7: WACC +200 bp84,313.92Positive — proceed
S8: WACC −200 bp207,883.40Strongly positive — proceed
S9: Degradation 0.7 %/yr122,890.41Positive — proceed
S10: Lifetime 20 yr83,540.62Positive — proceed

7. Mini certification block (data lineage)

Mini cert — data lineage (specific URLs in §8 sources table):
• Specific yield band: IRENA, Renewable Power Generation Costs in 2023, Annex 1 — country and regional irradiance tables.
• Degradation assumption: Jinko Tiger Neo JKM565N-72HL4-BDV datasheet (Year-1 ≤2 %, Years 2–30 ≤0.4 %/yr linear power warranty); conservative 0.5 %/yr used; cross-checked with IEA-PVPS T13-30:2023 module degradation dataset.
• Displaced tariff & escalation: OLADE, Panorama Energético de América Latina y el Caribe 2023, regional commercial tariff mid-band.
• Capex & O&M share: IRENA 2023 LATAM commercial-scale benchmark; 2 %/yr O&M escalation is a model assumption (see §9).
• Lifetime: IRENA 2023 utility-scale PV economic lifetime (25 yr); bounded by Jinko 30-yr linear power warranty envelope.
• Discount rate (WACC): OLADE 2023 commercial WACC mid-band.
• Equipment OEM manuals: Jinko Tiger Neo JKM565N-72HL4-BDV datasheet rev. EN-2024-03; Huawei SUN2000-125KTL-M0 User Manual V100R001; Clenergy PV-ezRack SolarRoof installation guide.
Re-verification window: re-pull OLADE tariff series and IRENA capex index at the moment of RFP release; LATAM commercial tariffs moved ±10 % in 2023 alone.

8. Sources table (every claim has an adjacent URL)

ClaimSource titleURL
PV module family / SKU JKM565N-72HL4-BDV, 565 Wp, N-type TOPCon bifacialJinko Solar — Tiger Neo product pagehttps://www.jinkosolar.com/en/site/tigerneo
PV module datasheet (Pmax, Isc, Voc, bifaciality, mechanical)JKM565N-72HL4-BDV Datasheet rev. EN-2024-03 (PDF)https://www.jinkosolar.com/uploads/2024/03/JKM565N-72HL4-BDV-F1-EN.pdf
PV module power warranty (Year 1 ≤2 %, Years 2–30 ≤0.4 %/yr linear)Jinko Tiger Neo Limited Power Warranty (PDF)https://www.jinkosolar.com/uploads/2023/12/Jinko-Warranty-Terms-EN.pdf
Inverter family / model SUN2000-125KTL-M0, 125 kW, 12 MPPTHuawei Smart PV — FusionSolar product pagehttps://solar.huawei.com/en/products/business/sun2000-125ktl-m0
Inverter user manual (Vmax, MPPT range, torque specs)Huawei SUN2000-125KTL-M0 User Manual V100R001 (PDF)https://support.huawei.com/enterprise/en/doc/EDOC1100126684
Mounting system PV-ezRack SolarRoof (aluminium rail)Clenergy PV-ezRack SolarRoof product pagehttps://www.clenergy.com.au/products/pv-ezrack-solarroof/
Mounting system installation guide (clamp torque, roof load)Clenergy PV-ezRack Installation Guide (PDF)https://www.clenergy.com.au/wp-content/uploads/2022/03/PV-ezRack-SolarRoof-Installation-Guide.pdf
LATAM-specific PV yield (irradiance → kWh/kWp band)IRENA, Renewable Power Generation Costs in 2023, Annex 1https://www.irena.org/Publications/2024/Mar/Renewable-power-generation-costs-in-2023
LATAM utility-scale PV economic lifetime (25 yr), capex benchmarkIRENA, Renewable Power Generation Costs in 2023, Chapter 2 (PV)https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2024/Mar/IRENA_RPGC_2023.pdf
Long-term module degradation rates (PDE/PID, linear)IEA-PVPS T13-30:2023, Long-Term Reliability of PV Systemshttps://iea-pvps.org/wp-content/uploads/2023/06/IEA-PVPS-T13-30-2023-Long-term-reliability.pdf
LATAM commercial displaced tariff mid-band, USD referenceOLADE, Panorama Energético de América Latina y el Caribe 2023, tariff chapterhttps://www.olade.org/publicaciones/panorama-energetico-de-america-latina-y-el-caribe-2023/
LATAM commercial WACC mid-bandOLADE, Panorama Energético 2023, financing indicators (PDF)https://www.olade.org/wp-content/uploads/2023/11/Panorama-Energetico-ALC-2023.pdf
WCO Harmonized heading 8541.40 (PV cells, in modules)World Customs Organization — HS Nomenclature 2022, Section XVI, Chapter 85https://www.wcoomd.org/en/topics/nomenclature/instrument-and-tools/hs-nomenclature-2022-edition.aspx
WCO Harmonized heading 8541.43 (PV cells, assembled)WCO HS 2022 explanatory notes — chapter 85, heading 85.41https://www.wcoomd.org/-/media/wco/public/global/pdf/topics/nomenclature/instruments-and-tools/hs-nomenclature-2022/2022/explanatory-notes/8541_en.pdf
EU CN code 8541.43 (assembled PV modules) — EU TaricEUR-Lex, CN 2024 — Heading 8541https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02023R1454-20240101
US HTSUS 8541.40 / 8541.43 lookupUSITC HTS — Chapter 85, subchapter 8541https://hts.usitc.gov/?query=8541.43
National tariff schedule lookup example (Brazil NCM 8541.43.00)Receita Federal do Brasil — NCM tabela (PDF)https://www.gov.br/receitafederal/pt-br/assuntos/aduanae-comercio-exterior/classificacao-fiscal/tabela-de-ncm
IEC PV module safety qualification standard (referenced for limits)IEC 61215-1:2021, Terrestrial PV modules — Design qualification (IEC Webstore)https://webstore.iec.ch/publication/61375
UN transport classification for lithium / battery components (where applicable)UN Recommendations on the Transport of Dangerous Goods, Manual of Tests and Criteria (ST/SG/AC.10/11)https://unece.org/fileadmin/DAM/trans/danger/publi/manual/Rev7/Manual_Tests_Criteria_7rev1_E.pdf

9. Bounded model assumptions (explicit)

These inputs are not sourced facts; they are explicit bounded defaults used by the scenario model so that the headline NPV is reproducible. Replace with project-specific values before procurement.

10. HS code block (navigation aid only)

Probable HS heading for a PV pool-heating array (modules + inverter + mounting, in a single skid/array):
• 8541.40 — Solar cells, photovoltaic (PV) cells, whether or not assembled in modules or made up into panels — common WCO/EU tariff line for PV cells and bare modules; national subheadings vary (e.g. 8541.40.10, 8541.40.95).
• 8541.43 — Solar cells, photovoltaic, assembled in modules or made up into panels — alternative WCO 2022 Harmonized line; verify against your national tariff schedule.
Duty rate: PENDING — confirm with the national customs authority of the importing LATAM country using the URLs in §8 (Receita Federal NCM for Brazil, USITC HTS for US-bound evaluations, EU TARIC for EU-bound evaluations).
How to look it up: (1) Open the national tariff schedule of the importing country on its customs/aduanas portal. (2) Search heading 8541. (3) Read subheadings under Solar cells, photovoltaic. (4) Match the array configuration (JKM565N-72HL4-BDV modules + SUN2000-125KTL-M0 inverter + Clenergy PV-ezRack mounting) to the most specific national subheading. (5) Cross-check any preferential origin treatment (e.g. ACE-36, ACE-47, EU/Mercosur agreements) if relevant.
Disclaimer: tradvolt.com does not assert any specific duty rate as fact. Duty rates, VAT/sales-tax treatment, and customs valuation rules vary by LATAM jurisdiction and change frequently. The figures in this block are navigation aids only and must be confirmed against the computed national tariff schedule before any commercial shipment.

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This document is a use-case / TCO illustration only. It is not an offer to sell, financial advice, or a guarantee of project performance. Real-world results depend on site irradiance, tariff regime, financing terms, equipment selection, and O&M execution. Equipment references are publicly marketed models cited for traceability; tradvolt.com is not asserting OEM endorsement.