Since 2019, RETC’s annual PV Module Index Report has empowered project stakeholders to mitigate technical risks.
The PV Module Index Report compiles the results of beyond-certification bankability tests conducted at RETC’s highly accredited independent testing laboratories over a 12-month period. The report aggregates and reports these data according to three interrelated and equally influential disciplines: module reliability, performance, and quality.
RETC plays an essential role in PV performance characterization and optimization. Our laboratory and outdoor testing services help manufacturers identify cell-level degradation mechanisms and module-level failure modes during product development. In parallel, our work assures owners, insurers, financiers, and independent engineers that mass-produced PV products will perform as expected during commercial operations. Our state-of-the-art testing laboratories use calibrated and certified equipment under audited and controlled conditions. Performance characteristics captured under these rigorous testing conditions represent the true measure of PV module performance.
The PV Module Index Report enables data-driven PV project development approaches that identify, quantify, and mitigate project-specific technical risks. The goal of a data-driven approach to project development is not to eliminate every risk at any cost but rather to balance risk mitigation based on a holistic cost-benefit analysis. The bankability tests underlying the PV Module Index Report are foundational to science- and engineering-based approaches to technical risk mitigation.