Solar Assets Articles
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Why microgrids are an effective business resilience option for building owners
As companies across the globe push to embrace sustainable energy models, they are adding solar generating assets to their facilities as a way of reducing fossil fuel consumption and carbon footprint. The increased deployment of renewable solar energy sources is acting as one of the key energy market drivers. According to the analyst firm MarketsandMarkets, the global microgrid market is projected ...
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Power Outages, Safety and Savings
Power outages and extreme weather conditions are on the rise, causing increased disruptions to grid-tied power supplies, preventing families and business owners from having reliable access to power. Installing energy storage in your home or business is a practical way to build critical back-up reserves so you have power 24/7. Energy storage keeps you safe, maintains the lights and other essential ...
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Part 3: Why PV Trackers Are a Critical Component of a Risk Profile for Utility-Scale PV Solar Lenders and Insurers
Every aspect of the PV solar project plays a part in risk. Plant design, available technology, and risk mitigation features that can be built into a tracker can affect all elements of a solar assets long-term risk profile. Trackers are one of the major inputs of the risk equation. In this final post of our 3-part series on risk mitigation for investors and insurers, we’ll talk about ...
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Concentrated Solar Power 101 – A Solar Setup in the Makes
Have I ever told you about my love for Morocco? Easily one of my favorite places I’ve ever been to. The aromatic spices, the lovely hospitality, the beauty of the country, and yes, I’ve tried but I cannot make couscous as good as I’ve had there. Add concentrated solar power to this mix, and won’t it just be too good to be true? So yeah, it wouldn’t be incorrect to ...
By Powerhub
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What is a long-range forecast?
In 2020, the global energy industry depends on high-quality weather forecasts for critical decision making like never before. Over recent decades the application of these forecasts has expanded exponentially due to the rapid growth of renewable energy and the liberalization of energy markets. Short-range forecasts are now an essential tool in the real-time management of wind and solar assets, ...
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Solar Assets Handover – Mission Critical for Energy Asset Management Companies
Renewables asset management is a distinct discipline. Not only do we deal with billions of dollars’ worth of assets, there’s an often-cumbersome handover process involved. A mission critical for energy asset management companies that is vital for the smooth operations of a solar energy plant. Handover is, perhaps, one of the most crucial phases in solar asset management. Simply put, ...
By Powerhub
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Lowering uncertainty is fundamental to managing solar investment risk
The principal input to the rate of return calculation for a solar farm asset is the expected revenue generation from the solar farm. This highlights the importance of high quality solar irradiance data: revenue generation is primarily influenced by the availability of solar irradiance at that location over time. Humans dislike uncertainty Humans aren’t big fans of uncertainty. We go to ...
By Solcast
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Solar operators take on price, timing risk to secure offtakers
Asset managers are building wholesale market expertise and creating time-sensitive labor and cleaning strategies to meet the risk demands of offtakers, leading operators told the PV USA Operations conference. Falling solar costs and growing demand from utility and corporate offtakers are placing new pressures on asset management and operations and maintenance (O&M) groups. U.S. ...
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Let Solcast take the pain out of PV generation forecasting at your solar farm asset
Owners and operators of solar farms already have one too many things to think about. Compliance items stack up by the thousands very quickly. Utilities providing their network connections can impose new requirements without warning. Manufacturers of key components can go bankrupt and leave you without an important spare part! Don't let setting up solar forecasting technology at your asset be ...
By Solcast
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PV owners urged to use tech advances, retrofits to hike yield
Solar operators must capitalize on new panel coating and analytics technologies and optimize retrofit and repowering strategies to boost competitiveness, Mate Heisz, lead coordinator of new European solar O&M best practice guidelines, told New Energy Update. As capital costs fall and subsidies end, solar plant owners are seeking to reduce operations and maintenance (O&M) costs to gain ...
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Europe solar-storage costs fall below markets as learnings kick in
Solar plus storage costs are falling below wholesale power prices across Europe and deeper savings in capex and cost of finance lie ahead, authors of a new cross-industry paper told New Energy Update. A new study of PV and battery costs at six European cities indicates solar plus storage costs are falling faster than previously expected. Utility scale PV projects with 2 ...
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Merchant appetite boosts Spanish solar boom but cost risks lurk
Falling technology costs and attractive daytime power prices are boosting merchant risk appetite in Spain but rapid growth is raising grid connection and local resource risks. Spain's PV sector is thriving as developers race to meet auction deadlines and falling costs spur unsubsidized projects. Spain will be the largest solar market in Europe this year, installing over 4 GW ...
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Better Ways to get Solar Energy into home
The exciting new thing for people, who want to install solar energy panels but could not afford them, is there is a new loan out now called solar loans. Available in America only, but this trend will catch on to the rest of the world. Owning the system instead of leasing from the business is the way to see money back on your investment. The loans provide Americans with a simple and cheaper ...
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Are inverters PV’s Achilles Heel?
The organizers of the Utility Scale PV Yield Optimization Conference & Expo, gained exclusive access with Michael Levi, Senior Director Worldwide Marketing from Satcon to talk about the inverter market for utility solar projects, how they are positioning themselves in a competitive market and how reliable are these key components. Q1: What segment of the solar market are you targeting? ...
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