7-8 February 2017, Renaissance hotel in Brussels, Belgium
Europe has already passed to the post "100 GW of Solar Power Installed in Europe" era. In the last decade grid-connected photovoltaic power has advanced from an absolute niche position to a central building block of future electricity generation and energy transition. Costs of PV systems have fallen more than 70% since 2008 and levelised cost of electricity will continue decline supported by economies of scale and ongoing innovation. Along with the increasing importance in Europes future energy mix the technical reliability and financial stability of PV investments has to match established standards in the utility industry. Hence, the Solar Bankability project aims to establish a common practice for professional risk assessment which will serve to reduce technical risks associated with investments in photovoltaic projects and increase trust from investors, financers and insurance companies.
Solar Bankability is a project funded by the European Commissions Horizon 2020 programme. It started on March 2015 and will finish on February 2017. Over the last two years the consortium worked on a number of high quality deliverables on technical risk assessment, risk mitigation measures, cost assessment and business model assessment. Several leading financial institutes, developers and component providers supported with advisory roles the developments of work.
After a very successful mid-term event and additional consultation activities, we are now ready to present and discuss our findings, exchange with relevant leading stakeholders and assess the impact of our work.
Bjoern Zapfel, EASME/European Commission
Opening Remarks_Solar Bankability
David Moser, EURAC
Creating a cost-based Failure Modes and Effects Analysis (FMEA) for PV
Ulrike Jahn, TUV Rheinland
Mitigating the technical risks in project lifetime
Matthias v. Armansperg, ACCELIOS Solar
Business Model and profitability assessment - impact of failures on Internal Rate of Return (IRR)
Caroline Tjengdrawira, 3E
Best Practices Guidelines for EPC and O&M
Ingo Rehmann, Greentech
Optimization of PV assets: how to sustainably increase returns
Francisco Boshell, IRENA
QI: Develop, Control and Cost&Benefit
Sonia Dunlop, SolarPower Europe
Financing Implementation Guidelines
Nicole Iseppi, TWI / Engie
Solar Standardisation Initiative