asset management

Welcome to the first day of the pv magazine Roundtable Europe event! We have a packed two-day schedule planned for you comprising four cornerstone issues that will define the industry as it cements itself as a key pillar of the continent’s energy transition: Quality, Asset Management, Sustainability and Made in Europe, and the Innovation Hub: Hydrogen, battery storage, and e-mobility.

How do you know when an inverter or module is under-performing? Monitoring services should shed light on problems but AI-driven digital asset manager Raycatch says much information is hidden behind a wall of “noise.” Breaking that wall with advanced data analysis could unlock billions of cost savings.

The COVID-19 pandemic featured prominently at this week’s inaugural pv magazine Virtual Roundtables Europe, which took place this past Tuesday and Wednesday. Not only did the pandemic lead to the virtualization of pv magazine’s established June Roundtables, but it was a big topic in the final session on Wednesday dealing with markets and specifically the further development of Power Purchase Agreements (PPAs) in Europe.

The performance ratio of an installation is stable, yet the yield and the revenues drop significantly. A U.K. case study shows that faults can compensate for performance ratio value, meaning this value is not always a good key performance indicator on its own. This issue will be discussed during the upcoming asset management session at the pv magazine virtual roundtable Europe 2020.

Amid the current disruption impacting renewable energy markets worldwide, solar power is proving to be a robust energy source. In China earlier this year, solar was the only form of energy generation that saw an increase in production from the previous year – rising by 12%. In this context, it’s becoming more important now than ever before for solar asset owners to recognize and take advantage of specialized solar software which can help mitigate business disruption in unexpected events and optimize long-term returns.

This week, pv magazine headed to Marseille for the 36th edition of the EU PVSEC conference and exhibition. During the week-long show, leading universities and research institutes presented their latest results to the industry and public. As the conference heads into its final afternoon, we’ve put together five key takeaways from this year’s event.

While based in Munich in Germany’s south, renewable asset management software provider 3megawatt’s first major clients were in the United States. However, as the European markets have transitioned beyond feed-in tariffs to the complexity of subsidy-free solar and wind arrays, the understanding of the need for asset management tools is rapidly increasing, says 3megawatt founder and CEO Edmee Kelsey.

The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.

The latest acquisition means the solar energy investment company has expanded its portfolio to 869 MW across 54 installations. The company says the increased diversification of its portfolio will improve operational efficiencies.

UK based PV project investor the Foresight Solar Fund has announced plans more than GBP 75 million ($99 million) in investments through the placement of new shares.