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Evaluating the albedo impact on bifacial PV systems based on case studies in Denver, USA and Västerås, Sweden. This study aims to develop a simulation and optimization tool for bifacial photovoltaic (PV) modules based on the open-source code OptiCE and evaluate dynamic and static albedo impact on a bifacial PV system. Further, a review of the market price development of bifacial PVs’ and an optimization to maximize energy output was conducted.