| Description | Formulas | Equation Number |
| Energy Capacity per day |
where TC is the total capacity and AH is the average hours per day for solar radiation. | (10) |
| Energy generation per day |
where SR is the average solar radiation per day. | (11) |
| Solar Panel Energy needed |
| (12) |
| Number of solar panels |
| (13) |
| Number of panels for series connection |
| (14) |
| Total number of strings |
| (15) |
| Total number of inverters |
where the inverter rating is in KVA. | (16) |
| power generation per year (kWh) |
where GP is the, SR is the solar radiation, CA is the total area, AF is the area factor, and is the panel efficiency. | (17) |
| Capital recovery factor (CRF) |
| (18) |