The International Energy Agency’s Photovoltaic Power System Programme publishes a new report co-authored by 3E on PV performance and reliability..
Quality and reliability of PV systems was at the core of discussions during this year’s Intersolar Europe fair in Munich. While the PV market grew significantly in the last years, the achievement of long-term reliability and the ability of plants to deliver during their lifetime is a sign of improved maturity for the PV industry. Following seven years of PV systems performance and reliability research, the IEA PVPS programme has delivered a series of new reports summarizing these years of intensive research activities. The programme aims at providing the PV industry with tools and keys to better understand the concepts of reliability & performances, how they are used in the field, and their impact on financial models, including highlights of root causes of module failures.
The report co-authored by 3E offers common practices for translating the technical parameters of performance and reliability into financial terms. It delivers a comprehensive set of practical guidelines and recommendations for mitigating & hedging financial risks in PV investments. In order to obtain an overview of current practices on the use of technical parameters in PV financial models a large sample of PV projects with a wide range of characteristics were analysed. Also different business models used in PV investments were evaluated, e.g. guaranteed feed-in tariffs, green certificates, tax credit, self-consumption (in whole or in part), private or, public sales to a third party according to a power purchase agreement (PPA).
This initiative was started in 2010 as part of the IEA PVPS programme, and has gained a lot of ground because of its alignment with market needs worldwide and with contributors from all over the world. The task is co-managed by TÜV Rheinland Energy and the Fraunhofer-Institut für Solare Energiesysteme ISE.
This report will be presented during a webinar on 5/07/2017 at 15:00 CEST. You can join the webinar by registering here.
You can request the full report below.