When confronting people with this question, I often get back something along the lines of "the higher the latitude, the smaller/wider the angle at which the sun hits the surface. As a result the same energy is spread across a larger surface, causing the insolation (W/m^2) to be lower at higher latitudes."
See image below. (This is basically the explanation for why temperatures tend to be higher at the equator.)
But isn't the angle of the sun "corrected for" by simply placing the panels at the right angle?
If that is indeed the case, then what is the real reason why solar panels capture less energy at higher latitudes?
N.B. in contrast to what someone appears to have flagged, this is not a duplicate of this question. I do know that the amount of irradiation per square meter goes down as you get to higher latitudes, and I understand why. My question builds on that understanding, and asks: given that the amount of radiation received depends on the angle at which the sunlight hits the Earth, couldn't you simply install your solar panels at the right angle to make up for this?