Solar Energy Glossary

ALMM & DCR
The Approved List of Models and Manufacturers, and Domestic Content Requirement — the Indian rules governing which modules may be used on which projects.
Bifacial Gain
The additional energy a bifacial module produces from light reflected onto its rear face, expressed as a percentage uplift over an equivalent monofacial array.
CUF (Capacity Utilisation Factor)
The energy a plant actually produced over a year as a percentage of what it would have produced running at nameplate capacity for all 8,760 hours.
Clipping
Energy lost when array DC output exceeds what the inverter can convert, so the peak is simply cut off.
DSCR (Debt Service Coverage Ratio)
Cash available for debt service divided by the debt service due in the same period — the ratio a lender uses to decide whether a solar project is bankable.
Degradation
The gradual annual loss of module output, typically 0.5-0.7% per year after a higher first-year drop, warranted by manufacturers to 80-87% of nameplate at year 25.
Inverter Loading Ratio (ILR / DC-AC Ratio)
The ratio of installed DC module capacity to AC inverter capacity — deliberately set above 1.0 so the inverter runs near its efficient operating point more of the day.
LCOE (Levelised Cost of Energy)
The lifetime cost of a plant divided by the lifetime energy it produces, both discounted to present value — the only number that lets you compare solar against a grid tariff on equal terms.
Net Metering
A metering arrangement where surplus rooftop generation exported to the grid is netted against imported units, so the meter effectively runs backwards.
Open Access
The regulatory right to buy power from a generator other than your DISCOM, wheeling it across the grid for a set of charges.
PPA (Power Purchase Agreement)
The contract fixing the tariff, term, offtake obligation and risk allocation between a generator and a buyer — typically 20-25 years for utility solar.
Performance Ratio (PR)
Actual generation divided by the generation theoretically available from the irradiation that fell on the array — the measure of how much of the available sunlight the plant converted.
Soiling Loss
Generation lost to dust, bird droppings and pollution on the module glass, and the single most recoverable loss in an Indian solar plant.
Specific Yield
Annual energy produced per kilowatt-peak installed, in kWh/kWp — the figure used to compare sites, and the basis of every revenue projection.