Solar Bankability launches best practice guidelines to minimise solar PV investment risks


“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.

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.

“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.

Download Best Practice Guidelines and useful tools here

Solar Bankability was a project funded by the European Commission's Horizon 2020 programme. It started on March 2015 and finished on February 2017. The project consortium includes the EURAC Institute for Renewable Energy (Italy), 3E N.V. (Belgium), ACCELIOS Solar GmbH (Germany), SolarPower Europe (Belgium), and TÜV Rheinland Energie und Umwelt GmbH (Germany). Over the last two years the consortium worked on several high-quality deliverables on technical risk assessment, risk mitigation measures, cost assessment and business model assessment. Many leading financial institutes, developers and component providers supported with advisory roles the developments of work.