How much money can you make with PV-assisted EV charging stations?


From pv magazine International

A group of scientists from Istanbul Technical University, the Turkish-German University, and France’s University of Reims Champagne-Ardenne has developed an economic model to evaluate the potential profitability of EV charging stations backed by solar power.

The new model – described in Economic model for an electric vehicle charging station with vehicle-to-grid functionality, which was recently published in the International Journal of Energy Research – is based on a vehicle-to-grid (V2G) approach. This implies a bidirectional transfer of energy between the grid and the EV. “V2G ensures that EV batteries that are used as storage units provide this stored capacity to grid at peak times and can charge during off-peak times,” the researchers said.

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