Trends and outlook in solar asset management for 2018 and beyond

Solar energy plays a significant role in the transition to a cleaner energy system as the industry experiences high growth and becomes more price competitive. A report published by EnergyTrend anticipates global solar additions to reach a record 100GW in 2017, with 48GW demand from China, 12.5GW from USA, 10GW from India, and 6.8GW from Japan. Moving forward, a GTM …

Top 4 asset management software platforms compared

Companies that use asset management software have the ability to do more with less and maximize their returns. This is the common value proposition across the top platforms. But what is the difference between the platforms from a technical perspective? Download this article to see a side by side comparison of the top asset management platforms. This guide will showcase …

Top 6 considerations for selecting Asset Management platform

Asset management software is a powerful tool that can help you manage your renewable energy plants in a more effective and accurate manner. With the right asset management software, you can save time through automation, get new insights on your business from collected data, maintain auditable records and easily share valuable information with various stakeholders. Choosing the right software can …

Arbox & Emily Carr Partnership

Arbox is excited to work with Emily Carr University of Art and Design to deliver enriched user experience in the upcoming updated release of asset management software, Hap®. We will work closely with the university to research ways to create better user experience through intuitive software designs, layouts, organization, navigation, and colouring. We strive to make Hap’s operation as easy …

Best practices for retaining asset knowledge throughout asset lifecycle

Managing a solar farm involves handling many activities and obligations. Feasibility evaluation, EPC management, and O&M management are the three major steps in project lifecycle and involve many activities such as risk assessment, PPA, financing, monitoring and maintenance, billing, and maintenance. Keeping a comprehensive record of these activities will allow you to retain asset knowledge throughout the lifecycle of your …

Market Drivers for Asset Management Software

Asset management software are a recent invention to the renewable energy industry. They provide automated processes and analyses to allow asset managers save ample time and money in administrative, compliance, financial, and documentation activities. In fact, a centralized asset management software may save managers hundreds of thousands of dollars in direct and indirect costs. The paragraphs below explain several market …

Top 10 Solar O&M KPIs to Track

The solar industry has been experiencing large scale growth globally over the past few years in relation to solar hardware costs which are going down. The growing number of online projects and projects coming through the pipeline are creating an ever-growing demand for Operations and Maintenance (O&M). As the industry matures the demand for reliable and efficient O&M increases and …

Renewable Co-operatives: What data should they track?

Co-ops bring renewable energy to communities, districts and consumers seeking alternative energy sources. A Cooperative owns and manages a portfolio of solar, wind and bioenergy through business models such as utility sponsored, special purpose entity (SPE) or non-profit model to operate assets. Some examples are SMUD, and University Park Community Solar. Capacity of America’s cooperatives have increased from 37 MW …

Asset Management Vs. Operations & Maintenance

Asset Management (AM) and Operations and Maintenance (O&M) in the solar industry are two hot topics that keep getting hotter. The exact definition of each is blurred but both AM and O&M are necessary in the long-term operation of renewable energy facilities. Let’s discuss the differences between these categories. O&M is a more tangible, boots-on-the-ground concept. It encompasses the individuals …

How can asset management software compliment Excel?

Microsoft Excel is a widely used tool across many different industries. 90% of businesses use spreadsheets at some capacity or another.  In the Renewable Energy asset management industry, we estimate that 75% of asset managers still use Excel to manage the operations of their assets, despite the fact that there are better solutions available in the market place. It works. …

Why asset owners should now consider Solar + Storage

Many utilities and IPPs are now considering Solar + Storage for upcoming projects in their development pipeline. As lithium-ion battery prices decrease and storage technology becomes more affordable and reliable, many projects are cropping up around the world. For instance, Duke Energy is investing $6 billion in a 700 MW PV plant plus 50 MW for storage to replace its …