hap-platform-renewable-energy-kpi

6 KPIs you should focus on for your Renewable Energy Projects

Decision-making procedures backed by hard numbers is a great way for renewable energy developers to optimize their performance. Key performance indicators (KPIs) can be used to help managers quantify how their renewable energy business performs to make smart decisions. Isolating time wasting tasks, predicting financial feasibility, comparing asset performance and many other metrics can be used to make businesses run …

renewable_energy_solar

5 Tips on how to manage your solar contracts

Good contract management in necessary to fulfill obligations, manage expectations and stay on top of deliverables. Successful solar independent power producers (IPP) have refined processes in place to systematically breakdown, track and deliver efficiently. This results in positive outcome, reduced risk, avoids breaches and leaves off takers happy. Here are 5 tips to consider that will give you the foundation …

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 …

Challenges Asset Managers face with their growing portfolio

With increased investment in solar PV installments, many solar companies are growing their portfolio through acquisitions, new site development or other strategies. With more than 75 GW of solar power installed worldwide in 2016, there’s a growing opportunity for effective management of these new assets.While expanding your portfolio is a good way to increase income, it also comes with challenges …

Are you getting the most out of your asset reports?

Asset reporting is critical for the proper management of renewable energy assets. It’s important to keep a high level view of your facilities’ performance so you can spot a weak turbine or a poorly managed maintenance activity before it hurts your bottom line. A good strategy for this is to generate recurring reports that summarize the asset’s performance on a …

Compliance management best practices for Solar and Wind

Solar & wind facility asset owners have certain compliance obligations for every site. These obligations are activities that need to be completed for another party. They can come from the terms of a partner contract, regulatory policy or even just a company rule. Failure to perform any one of these tasks could cause damage to a relationship with a partner, …

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 …

Best cyber security practices for asset owners of solar & wind

Concerned about the hacking activity on the internet? It seems like everyday many organizations are being breached, data is leaked and intellectual property is impacted by malicious activity on the internet. Now more then ever it is important that asset owners of solar & wind facilities take extra measure and apply best practices to keep their data and assets secure. A hacker could …

Top 5 reasons why successful solar and wind asset managers use software

Managing a renewable energy asset involves more than managing on-site activities. If you’re an asset manager, you know that your days are busy switching between many different tasks and collaborating with many stakeholders. Centralizing your data and task management has the opportunity to save you a significant amount of time. Arbox Hap® is an asset management platform that covers renewable …