Assessment of Economic and Environmental Feasibility of Integrated Grid-Connected Photovoltaic Systems in Aqrah, Duhok, Iraq

This study investigates the economic and environmental feasibility of implementing a 7 kW grid-connected photovoltaic (PV) system in Aqrah, Duhok Iraq.Economic analysis reveals a net present value (NPV) of 42,213.7 ($) and a payback period of 6.91 years, indicating the system's commercial viability despite a longer payback duration compared to alternatives.The region's low electricity cost of $0.0159/kWh further enhances the project's economic attractiveness.In an environmental context, RETScreen software estimates a significant annual reduction in greenhouse gas (GHG) emissions, with a maximum reduction of 7.4523 (tCO2).These findings underscore the positive impact of the PV project on mitigating climate change and promoting sustainability in the area.