Solar Finance Advisory for Investment Decisions
Independent financial and market analysis for solar developers, investors and asset managers across Europe.
Built on Solar Data Atlas benchmarks and 30 years of experience in finance, risk management and performance analysis.
Financial Review
From €5,000 excl. VATStress-test the financial assumptions behind a solar project before investment, financing or internal approval.
- CAPEX and OPEX benchmark review
- PPA price assumptions
- IRR sensitivity & DSCR pressure points
- Yield and production assumptions
- Revenue-risk analysis
- Capture price, negative prices, cannibalisation
- Curtailment and merchant exposure
- PPA / merchant arbitration
- Gas & power-price scenarios (and indirect energy-price volatility, incl. oil where relevant)
- Impact on IRR, DSCR and project value
Deliverable: short financial review note or slide-based memo, focused on key risks, sensitivities and decision points.
Best for: developers, investors, lenders or asset owners who need an independent challenge of project assumptions and revenue-risk exposure.
Discuss a financial reviewMarket Study
From €3,500 excl. VATA focused country or segment benchmark to assess market attractiveness, cost assumptions, revenue conditions and investment context.
- Country-level solar market overview
- CAPEX / OPEX / LCOE benchmark comparison
- PPA and electricity-market context (where available)
- Wholesale power-price context
- Gas & power-price scenarios
- Negative-price exposure (where available)
- Solar capture price & cannibalisation
- Curtailment
- Grid constraints and connection-risk
- Policy and revenue-risk considerations
Sources: such as JRC, IRENA, Fraunhofer ISE, Ember and PVGIS.
Deliverable: 10–20 page report with charts, benchmark tables and investment-oriented conclusions.
Best for: investors, developers or strategic teams assessing a new market or validating early-stage cost and revenue assumptions.
Discuss a market studySolar Finance Training
From €2,500 excl. VATA practical one-day session to understand solar project economics, financial assumptions, revenue risks and key sensitivities.
- CAPEX, OPEX and LCOE fundamentals
- PPA pricing and merchant exposure
- IRR and DSCR sensitivity logic
- Yield, degradation and curtailment impact
- Negative prices and capture-price risk
- Solar cannibalisation
- Gas & power-price scenarios, energy-price volatility
- Generation vs production cost vs captured revenue
- Revenue stress-testing
- Case-study based exercises
Key module — From generation to revenue: why LCOE is not enough (PPA, merchant exposure, capture price, negative prices, curtailment and revenue stress-testing).
Format: 1-day training session, up to 12 participants, online or on-site depending on location.
Best for: finance teams, developers, asset managers, analysts or investment teams entering or deepening solar exposure.
Discuss a training sessionWhy LCOE is not enough
A solar project may look competitive on cost while delivering weaker returns if revenues are exposed to negative prices, solar cannibalisation, curtailment or unrealistic market-price assumptions. Solar Data Atlas reviews not only costs, but also the quality and resilience of long-term revenues.
In European power markets, gas remains a central driver of wholesale power-price formation, while oil is better treated as an indirect energy and macroeconomic variable. These scenarios should be framed as risk assumptions, not forecasts.
Why Solar Data Atlas?
These analyses do not replace a full technical, legal or tax due diligence. They are designed to challenge economic assumptions, revenue assumptions and market risks before decision-making.
Let's discuss your project
A quick conversation to scope the need, coverage and timeline.