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 …

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. …

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 …

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 …

Renewable Co-operatives: What data should they track?

Co-ops bring renewable energy to communities, districts and consumers seeking alternative energy sources. A Cooperative owns and manages a portfolio of solar, wind and bioenergy through business models such as utility sponsored, special purpose entity (SPE) or non-profit model to operate assets. Some examples are SMUD, and University Park Community Solar. Capacity of America’s cooperatives have increased from 37 MW …

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 …