Solar indices for utility-scale assets.
Solar irradiance deficit
GHI*/POA* index covers for utility & C&I* solar projects when radiation falls below thresholds.
USE CASES
Built for solar project finance.
Lenders demand bankable revenue forecasts. Our parametric covers reduce DSCR* volatility by hedging against solar radiation deficit, unlocking better debt terms.
IPPs & developers
Lock minimum solar production revenue across volatile years.
Project finance lenders
Add a parametric layer to secure debt service coverage against low irradiance.
Corporate PPA* buyers
Hedge volume risk on long-term solar offtake agreements.
Asset managers
Smooth portfolio cashflows across solar assets in different geographies.