Disrupting developments
The current developer-EPC model has increasingly turned to focus on quality over a two-year horizon. This contrasts with long-term owners who are focused on quality over the lifetime of their projects (20 to 40 years). With long-term owners now buying projects in the pre-construction phase, the current model looks set for disruption. Olivier Crepon, managing director at Skyray Engineering, reviews the emerging model of project development and explains how it will impact developers, EPCs, and third-party services and ultimately lead to a stronger, more mature PV sector.
The current model of development in solar PV often has an inherent focus on quality over a two-year time horizon. In this model, a developer or short-term owner develops the project and seeks to sell at Provisional Acceptance (PAC) or Final Acceptance (FAC). In the current seller’s market, long-term performance and costs make little difference …
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