Solar asset underperformance continues to worsen, with projects “chronically underperforming” P99 estimates and modules degrading faster than previously anticipated, risk management firm kWh Analytics has found.
Standard & Poor's (S&P) has lauded the early performance of the solar assets it rates, ultimately concluding that operational risk in solar is “more benign” than other renewable technologies.
SPONSORED: Falling system prices have been a key driver of PV's recent growth and competitiveness, but upfront costs are only one part of the equation for long-term profitability within the solar power industry. Maximising any given system’s cumulative power output over its lifetime is critical to lowering the levelised cost of electricity (LCOE) and maximising investment returns.