Best practice guidelines to minimise solar PV investment risks

4/28/17, 2:00 PM -

Solar Bankability announced its final publication Best Practice Guidelines for Risk Identification, Assessment and Mitigation and unveiled two new tools aimed at reducing technical risks associated with solar PV. 

New Guidelines to minimize solar PV investments risks offer different useful tools.
New Guidelines to minimise solar PV investments risks offer different useful tools.

"Today, solar looks more to the market for its financing than ever before. Our goal with this publication is to give sound recommendations to the financial sector on how to manage and account for technical risks in solar projects. We encourage stakeholders to develop their own individual risk management strategy along the lifecycle of a PV project using the Solar Bankability methodology "said David Moser (EURAC), project coordinator of Solar Bankability.

Risk Matrix and LCEO Tool

The Solar Bankability website now features two new tools; a Risk Matrix comprising 140 technical risks by project phase and by component, and an LCOE Sensitivity Analysis Tool assessing the different technical risks' impacts on the levelised cost of electricity (LCOE). Based on the findings of the Solar Bankability project, the consortium plans to develop more tools and services.

Economic impact of technical failures

"This summer, Solar Bankability will publish a demo of the CPN calculation tool that can be used to assess the economic impact of technical failures in solar PV projects. We believe this tool will be another important asset for financers and insurance companies looking to invest in solar" concluded Moser. (hcn)

Download Best Practice Guidelines and useful tools here

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