Ahead of rising wholesale exposure, solar plant owners are applying a widening array of satellite and infrared technology to improve the accuracy of short-term forecasting and increase revenues, solar experts told New Energy Update.
Cyber security management should be implemented in solar operations and maintenance (O&M) contracts to maximize the effectiveness of pre-handover measures and rigorous security inventories, Jon Franzino, Director of Grid Security at Grid Subject Matter Experts (GridSME), said.
Solar asset management specialists are investing in analytics, centralized spare parts warehousing and integrated energy storage to boost long-term plant efficiency, leading executives told the PV O&M USA conference on November 2.
Falling costs and rising solar penetration could see the economics of PV plus storage projects overtake stand-alone PV in the coming years as the demand for solar 'peak shifting' and frequency response grows, a new study says.
U.S. utility-scale developers should focus on components and assembly methods which minimize labor costs to address the rising influence of soft costs, Ran Fu, lead-author of the National Renewable Energy Laboratory (NREL)’s latest Solar Photovoltaic System Cost Benchmark report, told New Energy Update.
Advanced inverter designs and modular power electronics can place PV plants at the heart of U.S. grid modernisation plans, Charlie Gay, Director of the Department of Energy's Solar Energy Technologies Office, told New Energy Update.
Increasing cost competition and performance demands are prompting new contract terms between inverter suppliers and PV operators which prioritize long-term reliability and share revenue risk, industry experts told New Energy Update.
Optimized placement of operations and maintenance costs within project finance structures can maximize returns in the increasingly-competitive utility-scale market, Nicolas Gourvitch, Director at Green Giraffe, a renewable energy financial advisory firm, said.