Top 5 challenges to overcome and scale your renewable energy development

Growth in the renewable energy sector is proliferating. 98 Gigawatts of solar PV capacity was installed in 2017 (REN21, 2018, p. 8). Renewables will account for 85% of global energy production by 2050 (DNV GL, 2017). As renewable energy portfolios and projects grow with the sector, the work involved in managing them scales too. Asset Management software can help automate …

Preventative Monitoring and how it can minimize your Solar O&M expenses – Part II

The number of solar PV installations in the United States and Europe that are maturing into post-warranty stage assets are becoming a problem for many solar system owners and asset managers. The need for reliable solar operations and maintenance (O&M) becomes even more critical as an important contributor to investment return. PV solar plants are investments that are likely to …

Preventative Monitoring and how it can minimize your Solar O&M expenses – Part I

Software solutions for asset management can provide you with the tools to manage your portfolios from top to bottom, while making your projects more profitable. O&M management is the one area that can truly make or break your projects profitability. To manage a profitable project (maximizing energy yield and revenue while minimizing levelized cost of energy (LCOE)), operations must strike …

Best methodology for asset managers to link up with the accounting team

This is how most asset managers typically do their PPA billings: They go to multiple monitoring platforms, pull the performance reports, add data from multiple sources in an Excel spreadsheet, aggregate the data and then email reports to the accounting team for billing. The accounting team downloads the report from the utility meter, prints them and bills the off-taker manually. …

Do Asset Managers Need CMMS?

Computerized Maintenance Management System is generally used by operations & maintenance providers (O&M) in the solar and wind industry. Asset management (AM) which is a large umbrella of responsibilities which include management of both technical and financial assets, often goes hand in hand with O&M. Given this overlap, let’s consider the question: how necessary is it for asset managers to …

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 …

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 …

The IEA will raise its estimates for the deployment of Renewables

The IEA works to ensure reliable, affordable and clean and renewable energy for its member states and is involved with energy related forecasting. Its revisions represent increasing interest in sustainable technology. This is in line with the 2015 United Nations Climate Change Conference in Paris where 195 countries agreed to work towards limiting global warming to less than 2° C …