Featured in Utilities make the connection – 11-2017

Cutting costs through competition

Solar as an asset: Growing competition in the solar asset management industry is resulting in lower operating and management costs for large PV plant or portfolio owners, thanks to more intense use of monitoring data and active analysis of O&M opportunities for cost savings.
The sheer amount of data now available to PV plant operators has created many opportunities to cut costs. But the required investment for sensors and software is high, leading to consolidation among O&M service providers.

The accelerating trend for data management in solar O&M requires substantial investment in both sensors and software, as well as a more strategically deployed national service fleet. As a result, large asset managers are getting larger, and new acquisitions and strategic alignments are more frequent, based on the actions of several players in the U.S. …

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