arXiv:2608.11254v1 Announce Type: new Abstract: Accurate solar irradiance forecasting is essential for the reliable integration of photovoltaic power into modern electricity grids. All-sky imagers (ASI) provide high-resolution observations of clouds, making them well suited for intra-hour forecasting. Recent deep learning approaches have substantially improved forecast accuracy but are often limited by deterministic predictions and a reduced capability to anticipate ramp events. This work proposes FarSky, a generative forecasting framework that leverages latent-space coupling to learn task-aware representations of sky images. A multi-task autoencoder first learns a shared latent representation for image reconstruction and irradiance estimation. A latent diffusion model then generates future latent states conditioned on recent observations, from which irradiance forecasts are directly decoded. Probabilistic forecasts are inherently obtained through stochastic sampling. The framework is ...