Solar Energy Forecasting

a hybrid physical/ML model for sudden irradiance shifts

Solution:

AI-powered short-term and intra-day solar power forecasting

Technology:

Azure cloud platform, Deep learning models, Next-Gen digital twins, Meteo data optimization

Sector:

Utilities, Energy Traders, Asset Owners

Impact:

Up to 40% lower imbalance costs, forecast error around 5% (nMAE)

Solar Energy Forecasting

Innovating and enhancing short-term and intra-day solar power forecasting. Renewcast helps utilities, traders and asset owners reduce global imbalance costs by up to 40%, with forecasting error below 7% (nMAE index) — outperforming the global market benchmark. Proof of reliability through customized trials.

Our Services

  • Hybrid physical/ML model for sudden solar irradiance changes: detailed modeling of each plant, plus an ML model that corrects the physical model output
  • Intra-day, day-ahead, 48-hour and medium-term forecasting (up to 15 days)
  • Stow-Aware Solar Forecasting: adjusts forecasts for tracking systems based on high-wind conditions
  • Portfolio Forecasting: forecasting of aggregated plants, scalable to thousands of solar assets at once
  • Forecasts update every hour, with 15/60-minute granularity
  • Client UI with parametric report configuration and data download
  • Direct API access to retrieve forecasts

Our Platform

  • Azure cloud-based platform
  • Deep learning models
  • Meteo data forecast optimization
  • Next-Gen digital twins: real-time AI modeling of weather and renewable asset behavior
  • Models that predict rapid weather changes
  • Input data correction and enrichment
  • Dynamic calibration: weekly model recalibration with fresh data for peak accuracy
  • Fully scalable, ready to support large corporate renewable portfolios

Ready to reduce your imbalance costs? Contact us today to see how Renewcast's solar forecasting can be tailored to your portfolio.

‍

Optimize your renewable assets

Get in touch with Renewcast