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The energy efficient product can be operated with longer duration. They offer wonderful solutions compared to other conventional water pumping system as it needs less maintenance, simple in installation, zero fuel cost, longer operating life, highly reliable and free from production of greenhouse gases. In this paper we analyzed the different topologies of DC–DC converter in terms of their operating region of MPPT, quality of input and output currents. We discussed the MPPT algorithms to address partial shading effects in SPV array, present state of the technology, factors affecting the performance of the system, efficiency improvements and identified the research gaps. Also, the economic feasibility analysis has been done for the real time scenario using the Homer Pro software. The estimation of total dynamic head and horse power calculation has been done to decide the total load capacity. The economic analysis results such as cumulative cash flow over project lifetime of 25 years are presented. It is observed that the capital investment requirement is $7,425 for installing Fronius PV system that has a nominal capacity of 2.47 kW and annualized savings will be $134.93. In the long-term perspective, the return on investment is −2.18% as per the present tariff plan.

Comprehensive Study, Design and Economic Feasibility Analysis of Solar PV Powered Water Pumping System