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Since there is effectively no updated independent study that compares all databases globally, validation statistics are one of the most important tools when comparing models from different providers.
The increased adoption of bifacial PV technology has put the spotlight on the importance of obtaining reliable and accurate values for this spatially and temporally variable parameter.
Research shows that a sub-optimal design of a large-scale power plant leading to a 1% lower yield would result in lost profitability in the range of millions of dollars over the asset's lifetime.