Software Integrations Essential Role in Renewable Asset Management

Software integration allows companies to consolidate asset data from sub-system components to accounting records, under a single system. This provides an integrated network of financial and operational asset management information, monitoring data and reports to improve efficient operations. It’s a difficult task to manage the big data of different operational and financial activities, especially in the renewable energy industry where …

Asset Management Software: do the ends justify the means?

What is the value proposition of asset management software? Is software worth the trouble to adopt? This article addresses common barriers to software adoption and how concerns surrounding them can be alleviated by virtue of the nature of the sector. Managing a portfolio of asset can get challenging as you grow. There are many compliance, regulations, documents, finances, performance and …

Documents to track when buying or selling renewable energy assets

Demonstrating due diligence is crucial when both buying and selling operating renewable energy assets. Valuation of a renewable asset portfolio includes many components such as performance, maintenance, o&m contracts and more. In the case of selling, backing your valuation with solid documentation presents a stronger case to investors. On the other hand demanding documentation from a seller can also reduce …

How to increase renewable Investment performance by 3-4 % IRR

While attending the Solar Plaza Asset Management conference in Milan this year, we had the opportunity to hear a presentation on How to Optimise Investment Performance by Abid kazim, CEO at WiseEnergy and Investment Committee Board Member at NextEnergy Capital. This presentation was tailored for solar asset management and outlines some important strategies to optimize your portfolio and maximize returns. …

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 …

Financial Modelling Guide for Asset Managers

What are financial models? Who uses them? Why are they important? There are many types of financial models and they all serve a general purpose: representing the real world financial situation. These models are used for different purposes, and at Arbox, we have spoken to more than 200 asset managers, and we will show you a few widely used financial …

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. …

Cost of asset management without automation

The table below calculates your annual soft costs from reporting and data management.  Soft costs are the costs associated with the time and effort to operate and manage solar deployment. In the first quarter of 2017, soft costs accounted for 68 percent of residential system costs, 59 percent for a commercial system, and 41 percent of a utility-scale system. …