Optimum PV/inverter sizing ratios for grid-connected PV systems in selected European locations were determined in terms of total system output, system output per specific cost of a system, system output per annualised specific cost of a system, PV surface orientation, inclination, tracking system, inverter characteristics, insolation and PV/inverter cost ratio. Maximum total system output was determined for horizontal, vertical and 45 degrees inclined surfaces for a low efficiency inverter for sizing ratios of 1.5, 1.8 and 1.3, respectively; and for a medium efficiency inverter with sizing ratios of 1.4, 1.5 and 1.2. PV surface orientation and inclination have little impact on the performance of a high efficiency inverter. For different PV tracking systems and for different inverter characteristics, the optimum sizing ratio varied from 1.1 to 1.3. The PV/inverter cost ratio and the PV and inverter lifetimes have significant impact on the optimum PV/inverter sizing ratio. A correlation relating optimum sizing ratio and PV/inverter cost ratio has been developed; the correlation coefficients were found to be functions of insolation and inverter type. The impact of PV/inverter sizing ratio on PV array performance was less when PV array has a much higher cost than the inverter. The optimum sizing ratio for PV/inverter cost ratio of 6 and low efficiency inverter system varied from 1.4 to 1.2 for low to high insolation sites. For a high efficiency inverter system, the corresponding variation was from 1.3 to 1.1. (c) 2006 Elsevier Ltd. All rights reserved.
