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 …

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. …

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 …

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 …

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 …

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 …

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 …

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 …