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Data from the Internet                              transforming the solar energy captured by PV array into
            An online search of specific countries in the same area as   AC energy delivered to utility grid. PR  is  defined for a
            Curaçao yielded the figures shown in the table below.  period of time (usually a month or a year) as the ratio of
                                                                the measured generated AC energy fed into the grid to the
                                                                potential array output DC energy under Standard Test
                                                                Conditions (STC). The calculation of monthly PR% can be
                                                                performed by the equation shown below using an
                                                                insolation value of  5.1 kWh per m2 per day  (source:
                                                                Meteo Curaçao). The ηmodule used is 0.14.





                                                                Figure 14 - Performance ratio calculation
            Table 8 - Specific yields of countries in the region
                                                                The table below shows the comparison of the PV
            Peak Sun hours                                      installation with the highest specific yield vs an installation
                                                                with an average specific yield. The column “Left” in the
            The average daily solar insolation  in units of kWh/m2 per   Table 9 refers to the left graphic in Figure 15.
            day is sometimes referred to as "peak sun hours". The
            term "peak sun hours" refers to the solar insolation which
            a particular location would receive if the sun were shining
            at its maximum value for a certain number of hours.



                                                                Table 9 - Overview of two PV installations

                                                                The results of Performance ratio (PR) calculation for two
                                                                PV installations are shown graphically in the figure below



            Figure 12 - Peak sun hours

            The peak sun hours per day (for 2018) were 4.1 hours.





            In the figure below Curaçao (the green star) lies between
            the  4-5  peak  sun  hours  band  (the  red  circles).  The
            calculated 4.1 hours lies with the band.
                                                                Figure 15 - Monthly PR jan-dec 2018
                                                                Capacity factor

                                                                The capacity factor compares the actual output of a PV
                                                                array compared to the energy it would produce if it
                                                                operated at full capacity all the time.  Maximum capacity
                                                                factor for a fixed PV array is around 25-28%, since the
                                                                array is unable to produce energy during the night and
                                                                even during the day only partial sunlight is available in
                                                                the early morning or in the evening. The average capacity
                                                                factor was calculated to be 17%.
            Figure 13 - Peak sun hours according to
            National Renewable Energy Laboratory (NREL)

            Performance ratio (PR)

            One of the key evaluation criteria of the PV system is the
            Performance ratio (PR) of a grid-connected PV plant. PR
            is an indicator of the effectiveness of the plant in   Table 10 - The capacity factor
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