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 …

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 …

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 …