The climate gap in PV financing
Some in the energy sector have suggested that a changing climate might actually be a blessing for solar power, claiming that higher temperatures will come with more sun, hence more energy. That may not be the case. Everoze Partner Nicolas Chouleur and climate expert Alberto Troccoli dive into the findings of a study conducted under the Copernicus Climate Change Service Enhanced Energy Service.
The Typical Meteorological Year (TMY), is a synthetic dataset representing average conditions at a particular location over a historical period. Using TMY is cost-effective and is widely accepted by lenders, but a growing number in the solar industry are challenging this approach. TMY fails to account for future climate evolution – critical for assets expected …
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