Typical Meteorological Year
Download a statistically representative “typical year” file built from 15 + years of satellite data for long-term yield modelling.
Bias and error validation of Solcast historical irradiance data against surface measurements
How do you measure solar radiation?
The industry standard instrument to measure solar radiation is a class-A pyranometer. However, physical sensors require regular maintenance and calibration and can experience downtime that leads to data gaps. In 2023 DNV published a bankability study which validated Solcast’s satellite-based irradiance data with measurements from Class A pyranometers cleaned at least every two weeks. Combining measurements with a high-quality satellite irradiance data source, like Solcast, can give you more accurate, reliable solar irradiance data for your assets, especially when using measurements for a fleet of assets.
Why is validation important for historical solar irradiance data?
Validation is crucial for ensuring the accuracy and reliability of historical solar irradiance data. It helps identify and correct biases, improving the accuracy of solar irradiance estimates while reducing uncertainty in solar project planning and performance predictions.
How to evaluate historical solar irradiance data accuracy?
Historical solar data accuracy can be evaluated by comparing the data against high-quality ground-based measurements from weather stations and solar monitoring sites or against other solar data providers. Our team has consolidated guidelines on how to evaluate satellite-derived irradiance. Comparing bankable satellite-derived irradiance to measurements from ground sensors requires the highest quality sensor data for the comparison to be accurate.
Check the accuracy of Solcast data in your region using our Historical Accuracy interactive map.
What is bankable historical solar data?
Bankable solar data meets several criteria: independent validation across multiple globally distributed sites, coverage of various geographic and climatological regions, public availability of all details, and a thorough validation report that considers methodology and models for historical and TMY data. Solcast historical data shows a bias of only 0.33% for all GHI sites and just 0.05% against the highest quality measurements, making it bankable for solar resource assessment and planning.
What does bankability mean in solar design and financial modeling?
In solar design and financial modeling, bankability refers to the reliability and credibility of solar data, predicted performance and asset technology or management to secure financing from investors and financiers. Bankable projects are those that are likely to perform as expected and generate expected financial returns. To achieve this, you can access bankable, accurate historical solar irradiance data via the Solcast API toolkit.