CSTEP's Solar Techno-Economic Model for Photovoltaics (CSTEM PV): Solar and Financial Models

This report aims to serve as a reference document for interested stakeholders who wish to obtain an in-depth understanding of the CSTEM PV tool.

The report details the basis, considerations, and applications of the solar and financial models supporting the tool. These models can perform pre-feasibility analysis of a potential solar photovoltaic plant (utility and mini-grid) in India.
This includes aspects ranging from determining the position of the sun, as seen by the location, to estimation of a plant's area, and the power output over its lifetime.
The financial model has been built to assess the plant's viability. It is based on considerations provided by the Central Electricity Regulatory Commission and other relevant stakeholders.