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.
Pre-assembly and customized design testing are optimizing labor and other soft cost components which are increasingly driving U.S. project competitiveness, Ran Fu, Solar Energy Analyst at the National Renewable Energy Laboratory (NREL), told PV Insider.
DNV GL's acquisition of GreenPowerMonitor (GPM) will generate new data-analytics synergies, interlinking project development and asset management activities to maximize solar plant performance, company executives told PV Insider.
Power technology firms such as GE and ABB have developed more heat-resistant materials and self-regulating technology to build higher-voltage solar inverters which will lower the capex and opex of plants, company directors told PV Insider.
U.S. PV solar installations are forecast to peak in 2019-2020 due to an extended Investment Tax Credit (ITC) and falling plant costs, pressuring utilities to introduce speedier connection processes, industry analysts told PV Insider.
Larger PV operators and service providers are leading an industry shift towards more accountable operations and maintenance (O&M) performance amid increasing competition on full life-cycle costs, industry executives told PV insider.
A new European report has provided a basis for standardized PV performance indicators but more detailed metrics will be required to maximize the gains from an increasingly competitive Operations and Maintenance sector, experts told PV Insider.
The growth of distributed solar in Sub-Saharan Africa is set to accelerate in the coming years if new financing models are adapted to build on regulatory progress in the utility-scale sector, leading industry figures said at the PV Insider South Africa 2016 conference.