Revamping and repowering: the size of the opportunity
The concept of revamping and repowering is one of the newest terms in the solar industry. As the installed base of photovoltaic (PV) systems ages, the concept of upgrading and improving operating plants becomes increasingly relevant to both manufacturers and PV plant asset managers. However, the real market size for new PV components in existing plants will depend on the characteristics of each plant, the overall regulatory framework and the economic benefits that will accrue to asset managers.
Revamping is the replacement of malfunctioning components of distressed PV plants that are no longer performing according to their original specifications and are not covered under product warranties. These replacement components are better performing, yet they do not alter the fixed power of the system.By contrast, repowering aims to increase the power rating of the …
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