Forecaster for Photovoltaic Power Generation


Delivering power generation forecasts with an error of less than 2%.

Our power generation forecaster is a winner in the “KI-Champions Baden-Württemberg 2024” competition by the Baden-Württemberg Ministry of Economic Affairs, Germany

SOLUTION OVERVIEW

Addressing your challenges in PV power generation, storage & trading

Key problems

Inefficient energy trading

Discrepancies between actual and expected PV energy output result in higher risk premiums and potentially unfilled contracts.

Decreased asset performance

External factors, such as dirt accumulation, or equipment failures reduce the optimal performance of PV assets.

Suboptimal usage of storage capacity

Inefficient battery storage due to unclear fluctuations in PV energy output results in lost potential or reliance on external energy sources.

Solution

We provide you insights to navigate PV output variability…

Our forecaster uses generation data and weather forecasts to predict PV power output from 15 minutes to 2 weeks in advance in 15-minute intervals.

PV power generation forecaster - solution overview
… and deliver reliability for each forecast.

The key advantage of our solution is that it provides not only generation forecasts but also a confidence value for each prediction as a reliability measure. This allows users to identify inconsistencies in the input data and detect root causes for (potential) inefficiencies within PV assets.

SELECTED KPIs

Generating measurable value

Less than 2% Error of PV Power Generation Forecasts

Our solution delivers generation forecasts with less than 2% deviation between predicted and actual PV power output.

Identification of 90% of the Root Causes for Inefficiencies

Our solution provides confidence values for each forecast to enable PV operators identify up to 90% of the root causes (RCs) for (potential) inefficiencies within PV assets.

Improvement of Battery Usage by up to 60%

By optimizing the scheduling of PV power storage and grid feed-in, our solution enhances battery usage by 60% and minimizes lost potential.

INTERACTIVE DASHBOARD

Delivering actionable insights for PV operators & energy traders

Benefit from insights into PV power generation output, asset efficiency, and battery usage optimization, provided in an easily interpretable format for you. We integrate near real-time data and predictive analytics, allowing you to visualize forecasts, track performance metrics, and identify (potential) issues in an interactive dashboard, tailored to your needs.

CORE FEATURES

Tailoring our solution to your specific business needs

Generation Forecasts

Forecasts for photovoltaic power generation from 15 minutes to 2 weeks in advance in 15-minute intervals.

Confidence Intervals

We deliver a reliability measure for each forecast, which can be used, e.g., to identify anomalies in the input data or detect a (potential) asset issue.

Battery Storage

Actionable recommendations for scheduling of energy excess storage in batteries or feeding it back into the grid.

Asset Monitoring

Continuous monitoring of asset condition and performance to identify abnormalities, such as dirt accumulation, affecting the energy output.

Maintenance Scheduling

Predicting the maintenance needs of photovoltaic systems, including scheduling optimization.

Dashboarding & Reporting

Standardized reports and interactive dashboards facilitate clear communication, performance tracking, and trend analysis over time.

Technical characteristics

Interpretable Model
Self-learning System
TLS Encryption
Integration with risk management system
On Premise / in Cloud Deployment
Standardised REST interfaces
BENEFITS

Providing a complete solution with pre-built functionalities

Focus on Results, not Development

Eliminate the need for lengthy custom development cycles. Our turnkey solution delivers immediate results to drive your business forward.

End-to-End Solution from Day 1

Benefit from a complete, fully functional system from day one. Our turnkey solution covers everything from data integration and processing to delivering actionable insights.

1-Month Integration

Reduce integration time and costs for data and AI solutions. Our turnkey solution can be fully integrated with your existing systems within one month.

Minimize Risk

Our solution ensures reliability through pre-built and -tested functionalities, reducing the risks of delays and budget overruns associated with custom development.

Onboarding, Training & Support

Benefit from our expertise. We offer comprehensive onboarding, training materials, and ongoing technical support to help you leverage the full capabilities of our turnkey solution.

Scalability & Guaranteed Updates

Future-proof your investment. Our turnkey solution scales with your needs and guarantees functional and security updates.

ONBOARDING PROCESS

Guiding you from 0 through proof of value to continuation

01

Free Benchmark

to see our forecaster for solar power generation in action

We focus on an asset of your interest to set a baseline and ensure that our solution aligns with your specific operational needs and business objectives.

Deliverables
  • Executive summary with forecasts and relevant KPIs
  • Next steps outline

02

Pilot Project

for performance validation and Proof of Value (PoV)

We bring our solution into productive use for a selected set of assets, including performance monitoring, gathering user feedback and fine-tuning of our model.

Deliverables
  • Initial deployment
  • User onboarding and training
  • Biweekly performance review

03

Continuation Phase

for integration of additional assets and continuous operation

We finally focus on scaling the deployed forecasting system to integrate more assets and on ensuring seamless and efficient operation over time.

Deliverables
  • Extensive deployment
  • Monthly performance report
  • Regular updates

Start now.

Request your free individual benchmark.

  • Sign a mutual NDA – Your data stays your data.
  • Select asset of interest and share its location – Specify the focus.
  • Provide historic power generation data.
  • Schedule a meeting – Let’s review the results together.

Todor Kostov