To meet the demand of the next generation power system, renewable energy resources can be the fuel of choice because it is easily available, free of cost, environment-friendly, and the renewable energy-based generation is cost effective in all manners. There are several types of renewable energy resources such as solar, wind, geothermal, tides, and biomass. In this paper, the concentration is limited to the solar energy resources, solar plants, and storage system to provide required power support. In particular, this letter is associated with the mathematical modeling of the solar plants and simulation for the different aspects and cases of the system. Besides that, the Zinc Bromide Battery and Li-ion Battery are delineated with the explanations on their performance and related simulations. After that, both for the cases of islanded mode and grid-tied mode operation, the performance of the microgrid systems along with the storage unit are analyzed for different parameters. All the results are verified by Matlab simulations meticulously.