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 …

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 …

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 …

5 Tips on how to manage your solar contracts

Good contract management is 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 offtakers happy. Here are 5 tips to consider that will give you the foundation for …

Top 8 Benefits of an Asset Management Platform in Renewables

Renewable energy project management involves many challenges (stakeholder coordination, scattered documents, suboptimal workflow, cluttered inboxes, etc.) that professionals in the field have to face on a daily basis. The exponential development of renewables in recent years has led to a certain reorganization of asset management. It was necessary to find better ways to optimize Return on Investment (ROI) through the strategic …

How to Keep your Renewable Energy projects on track and on budget

Renewable energy developers and owner operators in the solar and wind sector typically go through the following 3-step process to evaluate, develop and operate their assets. To get maximum return on investments, developers must stay on top of a project’s resources, finances and milestones. Furthermore, each project must be analyzed to determine areas of improvement, enhance financial models, and identify …