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DNV GL: innovative data analytics will drive future of solar asset performance

DNV GL: innovative data analytics will drive future of solar asset performance

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Recently at Intersolar Europe, DNV GL, the world’s largest resource of independent energy experts and certification, released a new position paper urging solar stakeholders to adopt a rigorous focus on existing asset performance, maintenance and operational data to optimize plant energy production and revenue, and more effectively manage costs.

By the end of 2016, over 320 gigawatts of PV generation are expected to be installed globally, yet the performance of many operating PV systems compared to their potential may not be fully realised.

“As worldwide installed solar capacity grows, the spotlight is shifting to operational factors, applying business intelligence and data analytics to assess, improve and optimize existing asset performance”, said Ray Hudson, DNV GL’s global solar segment leader.

New priorities for an industry coming of age
In DNV GL’s paper “Get Smart: advanced strategies for operating solar assets,” it presents key strategies to help owners and investors maximize solar energy production and revenue, and minimize costs. Case studies from Spain, Chile, the USA, France and the Netherlands demonstrate how new approaches are going beyond historic metrics to deliver actionable insights. These include new methods to inspections, operations and maintenance records, data monitoring and smart analytics, and ongoing improvements to solar forecasting.

“In many markets, solar asset performance has been within the expected range, which has increased lender and investor confidence”, said Hudson. “However, it is becoming increasingly clear that there is a material difference between performing within the expected range and performing at optimum levels.”

What matters most
“Get Smart” incorporates the insights of DNV GL solar experts working on five continents across all major solar market segments. In its capacity as a leading technical advisor, DNV GL has studied a large number of projects, observing varied asset management approaches. This new paper presents successful strategies, case studies and emerging trends useful to solar asset managers and owners.

Preview copies of the new paper will be shared with visitors at DNV GL’s booth B3.202 at Intersolar Europe in Munich Germany.

Anand Gupta Editor - EQ Int'l Media Network

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