Solar Bankability is a project funded by the European Commission's Horizon 2020 programme. It will run from March 2015 until February 2017 and its aim is to contribute to the reduction of the risks associated with investments in sustainable energy projects.
The final report of Solar Bankability provides an overview of the other in-depth technical reports and findings of the project dealing with risk identification, risk assessment and risk mitigation. This report closes a series of reports produced by Solar Bankability that can also be downloaded from this website.
This report from Solar Bankability presents the best practice guidelines providing recommendations for investors, banks, insurances and regulatory bodies to enhance the technical quality of PV investments. This report follows up on the Best practice guidelines for PV cost calculation that was published in December 2016 and that can also be found among our project results.
results. You can download the document here.
This report introduces a cash flow model as tool to measure the economic viability and profitability of long-term investments in PV projects. A detailed definition of total failure costs is provided and the specifications of a customised risk modelling tool which has been programmed especially for this modelling exercise is presented. Four representative business models are selected as basis for the modelling of technical risks. In the risk modelling exercise for each of the four business models the impact of technical failures is analysed. For each failure the failure category, the impact on the internal rate of return (IRR) and a detailed break-down of total failure costs in its sub-components is determined and the impact of the risk scenario (combination of technical failures) on the cumulative cash flow of the PV project is measured. A catalogue of suitable risk mitigation measures is also introduced from which the investor has to make an individual cost benefit analysis and define what budget he is prepared to invest in risk mitigation measures.
The Solar Bankability final project event took place in Brussels, Belgium on 7-8 February 2017. More information about the event is available here.
Solar Bankability hosted 2 webinars, the first one on October 20 at 15:00 CET and the second one on November 22 at 15:00 CET to discuss the core results so far before the last turn of the project and the final report. More information about the webinars, the recordings and the presentations are available here.
The Solar Bankability 1st Public Workshop took place on 9-10 May 2016 in Cologne, Germany. The presentations,proceedings and more information about the event are available here.
The proceedings of the 2nd Project Advisory Board closed meeting are now available here.